TTEC Holdings (TTEC Holdings) Interest Expense : $-78 Mil (TTM As of Dec. 2023)

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

What is TTEC Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. TTEC Holdings's interest expense for the three months ended in Dec. 2023 was $ -22 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-78 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. TTEC Holdings's Operating Income for the three months ended in Dec. 2023 was $ 21 Mil. TTEC Holdings's Interest Expense for the three months ended in Dec. 2023 was $ -22 Mil. TTEC Holdings's Interest Coverage for the quarter that ended in Dec. 2023 was 0.96. 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.

TTEC Holdings Interest Expense Historical Data

The historical data trend for TTEC Holdings'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.

TTEC Holdings Interest Expense Chart

TTEC Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-19.11

-17.49

-12.38

-36.07

-78.32

TTEC Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-15.54	-17.39	-18.99	-20.33	-21.61

TTEC Holdings 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-78 Mil.

TTEC Holdings (NAS:TTEC) 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.

TTEC Holdings's Interest Expense for the three months ended in Dec. 2023 was $-22 Mil. Its Operating Income for the three months ended in Dec. 2023 was $21 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $1,092 Mil.

TTEC Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	20.72	/	-21.612
	=	0.96

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

TTEC Holdings (TTEC Holdings) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

TH1:Germany TH1:Germany

Address

9197 South Peoria Street, Englewood, CO, USA, 80112

Website

https://www.ttec.com

TTEC Holdings Inc provides customer engagement management tools and services. The company operates through four operating segments that are organized into two groups, TTEC Digital and TTEC Engage. TTEC Digital is engaged in building and implementing cloud-based and on-premises customer experience tools that enable clients to develop customer engagement strategies. TTEC Engage focuses on delivering sales and marketing solutions to help clients boost their revenue as well as on managing customer's front-to-back office processes to optimize the customer experience. TTEC Engage contributes the vast majority of the company's revenue, and most of the sales are derived from the United States and Canada, followed by Philippines, Asia-Pacific and India.

Executives

Marc Holtzman	director	600 SEVENTEENTH STREET, SUITE 2800, DENVER CO 80202
Francois Bourret	officer: Interim CFO	9197 S. PEORIA ST., ENGLEWOOD CO 80112
David J. Seybold	officer: CEO, TTEC Digital	9197 S. PEORIA ST., ENGLEWOOD CO 80112
Michelle R Swanback	officer: CEO, TTEC Engage	7001 EAST BELLEVIEW AVENUE, DENVER CO 80237
Gregory A Conley	director	9197 S. PEORIA ST., ENGLEWOOD CO 80112
Margaret B Mclean	officer: SVP, GC, CRO & Corp. Sec.	9191 SOUTH JAMAICA STREET, ENGLEWOOD CO 80112
Dustin J. Semach	officer: Chief Financial Officer	1 FANATICAL PLACE, CITY OF WINDCREST, SAN ANTONIO TX 78218
Kenneth D Tuchman	director, 10 percent owner, officer: CEO & Chairman of the Board	C/O MARGARET MCLEAN, TTEC HOLDINGS INC, 9197 SOUTH PEORIA STREET, ENGLEWOOD CO 80112
Robert N Frerichs	director	C/O TTEC HOLDINGS, INC., 9197 S. PEORIA ST., ENGLEWOOD CO 80112
Gina Loften	director	9197 S. PEORIA ST., ENGLEWOOD CO 80112
George Demou	officer: President, TTEC Digital	9197 S. PEORIA ST., ENGLEWOOD CO 80112
Richard Sean Erickson	officer: SVP, Global Head-TTEC Engage	9197 S. PEORIA ST., ENGLEWOOD CO 80112
Judi Hand	officer: EVP, Chief Sales Officer	9197 S. PEORIA STREET, ENGLEWOOD CO 80112
Martin F Deghetto	officer: EVP, Global Operations	9197 SOUTH PEORIA STREET, ENGLEWOOD CO 80112
Tracy L Bahl	director