GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Streamline Health Solutions Inc (NAS:STRM) » Definitions » Interest Expense

Streamline Health Solutions (Streamline Health Solutions) Interest Expense : $-1.01 Mil (TTM As of Oct. 2023)


View and export this data going back to 1996. Start your Free Trial

What is Streamline Health Solutions Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Streamline Health Solutions's interest expense for the three months ended in Oct. 2023 was $ -0.27 Mil. Its interest expense for the trailing twelve months (TTM) ended in Oct. 2023 was $-1.01 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. Streamline Health Solutions's Operating Income for the three months ended in Oct. 2023 was $ -2.17 Mil. Streamline Health Solutions's Interest Expense for the three months ended in Oct. 2023 was $ -0.27 Mil. Streamline Health Solutions 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.


Streamline Health Solutions Interest Expense Historical Data

The historical data trend for Streamline Health Solutions'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.

Streamline Health Solutions Interest Expense Chart

Streamline Health Solutions Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.38 -0.31 -0.05 -0.24 -0.75

Streamline Health Solutions Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 -0.20 -0.23 -0.25 -0.27 -0.27

Streamline Health Solutions 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 Oct. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.01 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.


Streamline Health Solutions  (NAS:STRM) 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.

Streamline Health Solutions's Interest Expense for the three months ended in Oct. 2023 was $-0.27 Mil. Its Operating Income for the three months ended in Oct. 2023 was $-2.17 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Oct. 2023 was $8.54 Mil.

Streamline Health Solutions's Interest Coverage for the quarter that ended in Oct. 2023 is calculated as

Streamline Health Solutions 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.


Streamline Health Solutions (Streamline Health Solutions) Business Description

Traded in Other Exchanges
Address
2400 Old Milton Parkway, Box 1353, Alpharetta, GA, USA, 30009
Streamline Health Solutions Inc provides transformational data-driven solutions for healthcare organizations. It provides computer software-based solutions through its looking glass platform. Its solutions include coding and CDI, coding audit, and financial management solutions. It offers various services, such as custom integration services, training services, electronic image conversion and database monitoring services. It sells its solutions and services in North America to hospitals and health systems, including physician practices, through its direct sales force and its reseller partnerships.
Executives
Reeves Bryant J Iii officer: Interim CFO 2400 OLD MILTON PARKWAY, BOX 1353, ALPHARETTA GA 30009
Benjamin Louis Stilwill officer: President 4512 BAKER STREET, PHILADELPHIA PA 19127
Kenan Lucas director C/O HARBERT MANAGEMENT CORPORATION, 2100 THIRD AVENUE NORTH, SUITE 600, BIRMINGHAM AL 35203
Wendy L Lucio officer: Chief People Officer 101 ABBY LANE, CARROLLTON GA 30117
Tamarack Global Healthcare Fund Qp, L.p. other: Member of a group 5050 AVENIDA ENCINAS, SUITE 360, CARLSBAD CA 92008
David Driscoll officer: SVP & Chief Revenue Officer 1175 PEACHTREE STREET NE, 10TH FLOOR, ATLANTA GA 30361
Raymond J Harbert 10 percent owner 2100 THIRD AVENUE NORTH, SUITE 600, BIRMINGHAM AL 35203
Tamarack Capital Gp, Llc 10 percent owner 5050 AVENIDA ENCINAS, SUITE 360, CARLSBAD CA 92008
Tamarack Advisers, Lp 10 percent owner 5050 AVENIDA ENCINAS, SUITE 360, CARLSBAD CA 92008
Tamarack Capital Management, Llc 10 percent owner 5050 AVENIDA ENCINAS, SUITE 360, CARLSBAD CA 92008
Tamarack Global Healthcare Fund, L.p. 10 percent owner 5050 AVENIDA ENCINAS, SUITE 360, CARLSBAD CA 92008
Justin John Ferayorni 10 percent owner 5050 AVENIDA ENCINAS, SUITE 360, CARLSBAD CA 92008
Judith Starkey director 1327 PEACHTREE STREET, UNIT 803, ATLANTA GA 30309
Jonathan R Phillips director 792 CHATHAM AVENUE, ELMHURST IL 60126
Green Wyche T Iii director P.O. BOX 1510, FRANKLIN GA 30217