Scientific Learning (Scientific Learning) Interest Expense : $-0.18 Mil (TTM As of Jun. 2017)

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What is Scientific Learning Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Scientific Learning's interest expense for the three months ended in Jun. 2017 was $ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2017 was $-0.18 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. Scientific Learning's Operating Income for the three months ended in Jun. 2017 was $ 0.38 Mil. Scientific Learning's Interest Expense for the three months ended in Jun. 2017 was $ -0.01 Mil. Scientific Learning's Interest Coverage for the quarter that ended in Jun. 2017 was 62.67. 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.

Scientific Learning Interest Expense Historical Data

The historical data trend for Scientific Learning'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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Scientific Learning Interest Expense Chart

Scientific Learning Annual Data

Trend

Dec07

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Dec16

Interest Expense

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-0.07

-0.45

-0.80

-0.70

Scientific Learning Quarterly Data
	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17
Interest Expense	Get a 7-Day Free Trial															-0.18	-	-	-0.17	-0.01

Scientific Learning 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. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.18 Mil.

Scientific Learning (OTCPK:SCIL) 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.

Scientific Learning's Interest Expense for the three months ended in Jun. 2017 was $-0.01 Mil. Its Operating Income for the three months ended in Jun. 2017 was $0.38 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2017 was $4.93 Mil.

Scientific Learning's Interest Coverage for the quarter that ended in Jun. 2017 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2017 )	/	Interest Expense (Q: Jun. 2017 )
	=	-1	*	0.376	/	-0.006
	=	62.67

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

Scientific Learning (Scientific Learning) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Scientific Learning Corp (OTCPK:SCIL) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

1956Â WebsterÂ Street, SuiteÂ 200, Oakland, CA, USA, 94612-2943

Website

http://www.scilearn.com

Scientific Learning Corp is an education company. It develops, distributes and licenses technology that accelerates learning by improving the processing efficiency of the brain. The company's patented products build learning capacity by rigorously and systematically applying neuroscience-based learning principles to improve the fundamental cognitive skills required to read and learn. The company offers a variety of on-site and remote professional and technical services, as well as phone, email and web-based support. The company sells primarily to K-12 schools in the United States through a direct sales force. It derives revenues in the form of subscription revenue, license revenue, support and professional services.

Executives

Steven G. Simon	10 percent owner	TRIGRAN INVESTMENTS, INC., 630 DUNDEE ROAD, SUITE 230, NORTHBROOK IL 60062
Lawrence A Oberman	10 percent owner	TRIGRAN INVESTMENTS, INC., 630 DUNDEE ROAD, SUITE 230, NORTHBROOK IL 60062
Trigran Investments Lp	10 percent owner	630 DUNDEE ROAD, SUITE 230, NORTHBROOK IL 60062
Trigran Investments, Inc.	10 percent owner	630 DUNDEE ROAD, SUITE 230, NORTHBROOK IL 60062
Douglas Granat	10 percent owner	TRIGRAN INVESTMENTS, INC., SUITE 230, NORTHBROOK IL 60062
Jane A Freeman	officer: Chief Financial Officer	ALLSPRING FUNDS MANAGEMENT, LLC, 525 MARKET STREET, 12TH FLOOR, SAN FRANCISCO CA 94105
Osmium Capital Lp	10 percent owner	300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
Osmium Partners, Llc	10 percent owner	300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
Osmium Spartan L P	10 percent owner	300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
John Hartnett Lewis	10 percent owner	388 MARKET STREET, SUITE 920, SAN FRANCISCO CA 94111
Osmium Capital Ii, Lp	10 percent owner	300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
Gayle A Crowell	director
Dino A Rossi	director	61 WATROO POINT, DANIEL ISLAND SC 29492
Joseph B Martin	director	C/O BAXTER INTERNATIONAL INC., ONE BAXTER PARKWAY, DEERFIELD IL 60015
Warburg Pincus Ventures Lp	10 percent owner	E M WARBURG PINCUS & CO INC 466 LEXINGTON AVE 10TH FL NEW YORK NY 10017-3147