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Emtec (ETEC) Interest Expense : $-3.3 Mil (TTM As of Feb. 2013)


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What is Emtec Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Emtec's interest expense for the three months ended in Feb. 2013 was $ -0.9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2013 was $-3.3 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. Emtec's Operating Income for the three months ended in Feb. 2013 was $ -1.3 Mil. Emtec's Interest Expense for the three months ended in Feb. 2013 was $ -0.9 Mil. Emtec 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.


Emtec Interest Expense Historical Data

The historical data trend for Emtec'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.

Emtec Interest Expense Chart

Emtec Annual Data
Trend Mar03 Mar04 Mar05 Aug06 Aug07 Aug08 Aug09 Aug10 Aug11 Aug12
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -1.12 -0.95 -1.11 -3.30

Emtec Quarterly Data
May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10 Aug10 Nov10 Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13
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 -0.80 -0.85 -0.82 -0.75 -0.85

Emtec 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 Feb. 2013 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.3 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.


Emtec  (OTCPK:ETEC) 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.

Emtec's Interest Expense for the three months ended in Feb. 2013 was $-0.9 Mil. Its Operating Income for the three months ended in Feb. 2013 was $-1.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2013 was $12.6 Mil.

Emtec's Interest Coverage for the quarter that ended in Feb. 2013 is calculated as

Emtec did not have earnings to cover the interest expense.

* 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.


Emtec (ETEC) Business Description

Traded in Other Exchanges
N/A
Address
150 North Radnor Chester Road, Suite F200, Radnor, PA, USA, 19087
Emtec Inc is an information technology consultant. It provides consulting, application services and infrastructure services to commercial and public sector clients. The company offers advisory services in the areas of profitability and cost management, project management, and organizational change management, as well as cloud technologies preparation services.
Executives
Gregory L Cowan director 1717 ARCH STREET, 35TH FLOOR, PHILADELPHIA PA 19103
Gregory P Chandler director, 10 percent owner, officer: CFO 309 FELLOWSHIP ROAD, SUITE 210, MT. LAUREL NJ 08054

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