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Aspen Technology (Aspen Technology) Interest Expense : $0 Mil (TTM As of Dec. 2023)


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What is Aspen Technology Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Aspen Technology's interest expense for the three months ended in Dec. 2023 was $ 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $0 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Aspen Technology's Operating Income for the three months ended in Dec. 2023 was $ -49 Mil. Aspen Technology's Interest Expense for the three months ended in Dec. 2023 was $ 0 Mil. GuruFocus does not calculate Aspen Technology's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Aspen Technology Interest Expense Historical Data

The historical data trend for Aspen Technology's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Aspen Technology Interest Expense Chart

Aspen Technology Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.73 -11.86 -7.25 - -

Aspen Technology Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Aspen Technology Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Aspen Technology  (NAS:AZPN) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Aspen Technology's Interest Expense for the three months ended in Dec. 2023 was $0 Mil. Its Operating Income for the three months ended in Dec. 2023 was $-49 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $84 Mil.

Aspen Technology's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

GuruFocus does not calculate Aspen Technology's interest coverage with the available data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's financial strength is.


Aspen Technology (Aspen Technology) Business Description

Traded in Other Exchanges
Address
20 Crosby Drive, Bedford, MA, USA, 01730
Aspen Technology is a global leader in asset optimization software, enabling customers within capital-intensive industries to design, operate and maintain their functions to meet their profitability, safety, and sustainability goals. The heritage business of AspenTech was founded in 1981 and provides software solutions purposed to optimize engineering, manufacturing, and supply chain and asset management functions. In 2021, Emerson Electric traded over $6 billion in cash and its Open Systems International (digital grid management) and subsurface science and engineering businesses for 55% of AspenTech's shares. The new AspenTech is the combination of heritage Aspen, OSI, and SSE and serves more than 3,000 customers across 40 countries.
Executives
Whelan, Jr. Robert M. director ARIAD PHARMACEUTICALS, INC., 26 LANDSDOWNE STREET, CAMBRIDGE MA 02139
Mark Edgar Mouritsen officer: Senior VP & General Counsel C/O ASPEN TECHNOLOGY, INC., 20 CROSBY DRIVE, BEDFORD MA 01730
F G Hammond officer: Senior VP & General Counsel C/O ASPEN TECHNOLOGY, INC., 10 CANAL PARK, CAMBRIDGE MA 02141
Antonio J Pietri director, officer: President & CEO C/O ASPEN TECHNOLOGY, INC., 20 CROSBY DRIVE, BEDFORD MA 01730
Robert E Beauchamp director 2101 CITYWEST BLVD, HOUSTON TX 77042-2827
Chantelle Yvette Breithaupt officer: SVP, Chief Financial Officer C/O ASPEN TECHNOLOGY, INC. 20 CROSBY DR., BEDFORD MA 01730
Arlen Shenkman director C/O CITRIX SYSTEMS, INC., 851 WEST CYRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Thomas F Bogan director C/O WORKDAY, INC., 6110 STONERIDGE MALL RD, PLEASANTON CA 94588
Patrick M. Antkowiak director 4 PATRICK WAY, KINGSVILLE MD 21087
Christopher Stagno officer: SVP, Chief Accounting Officer C/O BRIGHTCOVE INC., 290 CONGRESS STREET, BOSTON MA 02110
Manish Chawla officer: Chief Revenue Officer C/O ASPEN TECHNOLOGY, INC., 20 CROSBY DRIVE, BEDFORD MA 01730
Jill D. Smith director 1601 DRY CREEK DRIVE, SUITE 260, LONGMONT CO 80503
Karen Golz director ONE TECHNOLOGY WAY, NORWOOD MA 02062
Ram R. Krishnan director C/O EMERSON ELECTRIC CO., 8000 W. FLORISSANT AVENUE, ST. LOUIS MO 63136
Emerson Electric Co director, 10 percent owner 8000 W. FLORISSANT, P.O. BOX 4100, ST LOUIS MO 63136