Benefitfocus (Benefitfocus) Interest Expense : $-11.9 Mil (TTM As of Sep. 2022)

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What is Benefitfocus Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Benefitfocus's interest expense for the three months ended in Sep. 2022 was $ -2.9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2022 was $-11.9 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. Benefitfocus's Operating Income for the three months ended in Sep. 2022 was $ -6.5 Mil. Benefitfocus's Interest Expense for the three months ended in Sep. 2022 was $ -2.9 Mil. Benefitfocus did not have earnings to cover the interest expense. 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.

Benefitfocus Interest Expense Historical Data

The historical data trend for Benefitfocus'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.

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Benefitfocus Interest Expense Chart

Benefitfocus Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Interest Expense

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-12.38

-13.16

-23.52

-23.07

-20.75

Benefitfocus Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Interest Expense	Get a 7-Day Free Trial															-5.56	-4.00	-2.48	-2.48	-2.92

Benefitfocus 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 Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-11.9 Mil.

Benefitfocus (NAS:BNFT) Interest Expense Explanation

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

Benefitfocus's Interest Expense for the three months ended in Sep. 2022 was $-2.9 Mil. Its Operating Income for the three months ended in Sep. 2022 was $-6.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2022 was $184.8 Mil.

Benefitfocus's Interest Coverage for the quarter that ended in Sep. 2022 is calculated as

Benefitfocus did not have earnings to cover the interest expense.

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

Benefitfocus (Benefitfocus) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Benefitfocus Inc (NAS:BNFT) » Definitions » Interest Expense

Comparable Companies

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N/A

Address

100 Benefitfocus Way, Charleston, SC, USA, 29492

Website

https://www.benefitfocus.com

Benefitfocus Inc is a cloud-based benefits management platform for consumers, employers, insurance carriers, and brokers. The firm's solutions support core benefits plans, including healthcare, dental, life, and disability insurance. Benefitfocus sells its solutions on a subscription basis, typically through annual contracts with employers, and multi-year contracts with insurance carriers. It generates all of its revenue in the United States.

Executives

Zeynep Young	director	825 MAIN ST., SUITE 100, BUDA TX 78610
A Lanham Napier	director, 10 percent owner	701 W. CASTANO, SAN ANTONIO TX 78209
Alpana Wegner	officer: Chief Financial Officer	C/O BENEFITFOCUS, INC., 100 BENEFITFOCUS WAY, CHARLESTON SC 29492
Matthew Levin	director, officer: President and CEO	NEUSTAR, INC., 4600 CENTER OAK PLAZA, STERLING VA 20166
Alexander Lerner	director	C/O INDABA CAPITAL MANAGEMENT, LLC, ONE LETTERMAN DR., BLDING D, SUITE DM700, SAN FRANCISCO CA 94129
Indaba Capital Fund, L.p.	director	MAPLES CORPORATE SERVICES, 121 SOUTH CHURCH STREET, GRAND CAYMAN E9 KY1-1104
Indaba Capital Management, L.p.	10 percent owner	ONE LETTERMAN DRIVE, BUILDING D, SUITE DM700, SAN FRANCISCO CA 94129
Ic Gp, Llc	10 percent owner	ONE LETTERMAN DRIVE,, BUILDING D, SUITE DM700, SAN FRANCISCO CA 94129
Derek C Schrier	10 percent owner	C/O INDABA CAPITAL MANAGEMENT, LLC, ONE LETTERMAN DR., BLDING D, SUITE DM700, SAN FRANCISCO CA 94129
J Bradley Wilson	director	227 MIDENHALL WAY, CARY NC 27513
John J Park	director	C/O APAC CUSTOMER SERVICES, INC., SIX PARKWAY NORTH, DEERFIELD IL 60015
Rushing Coretha M	director	C/O EQUIFAX INC., 1550 PEACHTREE STREET NW, ATLANTA GA 30309
Barry D Libert	director	C/O BENEFITFOCUS, INC., 100 BENEFITFOCUS WAY, CHARLESTON SC 29492
Buildgroup Management, Llc	10 percent owner	3500 JEFFERSON ST., SUITE 303, AUSTIN TX 78731
Buildgroup Llc	10 percent owner	3500 JEFFERSON STREET, SUITE 303, AUSTIN TX 78731