LogMeIn (LogMeIn) Interest Expense : $-7 Mil (TTM As of Jun. 2020)

View and export this data going back to 2009. Start your Free Trial

What is LogMeIn Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. LogMeIn's interest expense for the three months ended in Jun. 2020 was $ -1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2020 was $-7 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. LogMeIn's Operating Income for the three months ended in Jun. 2020 was $ 35 Mil. LogMeIn's Interest Expense for the three months ended in Jun. 2020 was $ -1 Mil. LogMeIn's Interest Coverage for the quarter that ended in Jun. 2020 was 30.88. 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.

LogMeIn Interest Expense Historical Data

The historical data trend for LogMeIn'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.

LogMeIn Interest Expense Chart

LogMeIn Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Interest Expense

Get a 7-Day Free Trial

-0.57

-1.40

-1.41

-6.34

-8.25

LogMeIn Quarterly Data
	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20
Interest Expense	Get a 7-Day Free Trial															-2.13	-2.05	-1.93	-1.68	-1.13

LogMeIn 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 Jun. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $-7 Mil.

LogMeIn (NAS:LOGM) 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.

LogMeIn's Interest Expense for the three months ended in Jun. 2020 was $-1 Mil. Its Operating Income for the three months ended in Jun. 2020 was $35 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2020 was $285 Mil.

LogMeIn's Interest Coverage for the quarter that ended in Jun. 2020 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2020 )	/	Interest Expense (Q: Jun. 2020 )
	=	-1	*	34.961	/	-1.132
	=	30.88

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

LogMeIn (LogMeIn) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

320 Summer Street, Boston, MA, USA, 02210

Website

https://www.logmeininc.com

LogMeIn Inc provides cloud-based collaboration and connectivity products and services in three business categories: communications and collaboration; customer engagement and support; and identity and access. Its solutions include online meeting and screen sharing, secure remote access, outsourcing customer service, and password security capabilities. The company derives revenue from subscription fees to its cloud offerings and professional services fees. It generates most of its revenue in the United States but also has a presence in the United Kingdom and other countries.

Executives

Robert Calderoni	director	851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Ita M Brennan	director	5453 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
David J Henshall	director	18880 HOMESTEAD ROAD, CUPERTINO CA 95014
Peter John Sacripanti	director	4002 SOUTH OCEAN BLVD., HIGHLAND BEACH FL 33487
William Raymond Wagner	director, officer: President & CEO	C/O VOCUS, INC., 4296 FORBES BOULEVARD, LANHAM MD 20706
Edwin J Gillis	director	C/O VERITAS SOFTWARE CORP, 350 ELLIS STREET, MOUNTAIN VIEW CA 94043
Mark Finn Strassman	officer: SVP & GM, UCC	C/O LOGMEIN, INC. 333 SUMMER STREET BOSTON MA 02210
Padmanabhan T Srinivasan	officer: Chief Product & Tech Officer	C/O LOGMEIN, INC. 333 SUMMER STREET BOSTON MA 02210
John Buel Bennett	officer: SVP & GM, IAM	C/O LOGMEIN, INC. 333 SUMMER STREET BOSTON MA 02210
Michael J Donahue	officer: SVP and General Counsel	LOGMEIN, INC. 500 UNICORN PARK DRIVE WOBURN MA 01801
Steven J. Benson	director	117 KENDRICK STREET, SUITE 200, NEEDHAM MA 02494
Michael J Christenson	director	C/O ENTRAVISION COMMUNICATIONS CORP, 2425 OLYMPIC BLVD, STE 6000W, SANTA MONICA CA 90404
Sara C Andrews	director	C/O LOGMEIN, INC., 320 SUMMER STREET, BOSTON MA 02210
Richard H Veldran	officer: Chief Financial Officer	103 JFK PARKWAY SHORT HILLS NJ 07078
Edward K. Herdiech	officer: Chief Financial Officer	C/O LOGMEIN, INC. 320 SUMMER STREET BOSTON MA 02210