Sonic Foundry (Sonic Foundry) Interest Expense : $-1.77 Mil (TTM As of Sep. 2023)

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What is Sonic Foundry Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sonic Foundry's interest expense for the three months ended in Sep. 2023 was $ -0.64 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $-1.77 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. Sonic Foundry's Operating Income for the three months ended in Sep. 2023 was $ -3.10 Mil. Sonic Foundry's Interest Expense for the three months ended in Sep. 2023 was $ -0.64 Mil. Sonic Foundry 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.

Sonic Foundry Interest Expense Historical Data

The historical data trend for Sonic Foundry'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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Sonic Foundry Interest Expense Chart

Sonic Foundry Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Interest Expense

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-0.90

-0.66

-0.04

-0.03

-1.77

Sonic Foundry Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Interest Expense	Get a 7-Day Free Trial															-0.01	-0.15	-0.49	-0.49	-0.64

Sonic Foundry 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.77 Mil.

Sonic Foundry (OTCPK:SOFO) 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.

Sonic Foundry's Interest Expense for the three months ended in Sep. 2023 was $-0.64 Mil. Its Operating Income for the three months ended in Sep. 2023 was $-3.10 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was $3.66 Mil.

Sonic Foundry's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Sonic Foundry did not have earnings to cover the interest expense.

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

Sonic Foundry (Sonic Foundry) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sonic Foundry Inc (OTCPK:SOFO) » Definitions » Interest Expense

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Address

222 W. Washington Avenue, Madison, WI, USA, 53703

Website

https://www.sonicfoundry.com

Sonic Foundry Inc is engaged in the business of providing video enterprise solutions and services for the digital-first, distance learning, and corporate communications market. It offers video capture, management, and streaming solutions as well as virtual and hybrid events in education, business, and government. Sonic Foundry's family of brands includes Mediasite, Video Solutions, Vidable and Global Learning Exchange. The company also offers video solutions, including Mediasite Video Platform, Mediasite Video Cloud, Mediasite Capture Solutions, Mediasite Events, Mediasite Services, and Mediasite Customer Care. The company has a geographical presence in the United States, Europe, and the Middle East, Asia, and other places.

Executives

Brian Wiegand	director	8215 GREENWAY BLVD, SUITE 340, MIDDLETON WI 53562
Ron W Busslinger	10 percent owner	27901 VIA DEL AGUA, LAGUNA NIGUEL CA 92677
Joe Jr Mozden	director	3423 WILD PRAIRIE LN, GENEVA IL 60134
Kenneth A Minor	officer: Chief Financial Officer
Nelson A Murphy	director	2300 W INNES ST, SALISBURY NC 28144
Taha Jangda	director	3827 LINKLEA DRIVE, HOUSTON TX 77025
Lawrence William St	director	23 ASHLAND STREET, NEWBURYPORT MA 01950-1905
Kelsy L Boyd	director	2839 PLEASANT VIEW HTS, COTTAGE GROVE WI 53527
Michael Norregaard	officer: Chief Operating Officer	4891 ENCHANTED VALLEY ROAD, MIDDLETON WI 53562
Andrew D. Burish	10 percent owner	8020 EXCELSIOR DRIVE, MADISON WI 53717
David Slayton	director	701 WASHINGTON AVE N. SUITE #400, MINNEAPOLIS WI 55401
Gary Weis	director, officer: Chief Executive Officer & CTO
Kopko Frederick H Jr	director	4901 S ELLIS AVE, CHICAGO IL 60615
Mark D Burish	director	HURLEY, BURISH, MILLIKEN S.C., 301 NORTH BROOM STREET, MADISON WI 53703
David Kleinman	director