The Ultimate Software Group (The Ultimate Software Group) Interest Expense : $-1 Mil (TTM As of Mar. 2019)

View and export this data going back to 1998. Start your Free Trial

What is The Ultimate Software Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. The Ultimate Software Group's interest expense for the three months ended in Mar. 2019 was $ -1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2019 was $-1 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. The Ultimate Software Group's Operating Income for the three months ended in Mar. 2019 was $ 10 Mil. The Ultimate Software Group's Interest Expense for the three months ended in Mar. 2019 was $ -1 Mil. The Ultimate Software Group's Interest Coverage for the quarter that ended in Mar. 2019 was 12.02. 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.

The Ultimate Software Group Interest Expense Historical Data

The historical data trend for The Ultimate Software Group'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.

The Ultimate Software Group Interest Expense Chart

The Ultimate Software Group Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Interest Expense

Get a 7-Day Free Trial

-0.35

-0.49

-0.72

-0.81

-0.69

The Ultimate Software Group Quarterly Data
	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19
Interest Expense	Get a 7-Day Free Trial															-0.20	-0.10	-0.27	-0.13	-0.81

The Ultimate Software Group 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 Mar. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1 Mil.

The Ultimate Software Group (NAS:ULTI) 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.

The Ultimate Software Group's Interest Expense for the three months ended in Mar. 2019 was $-1 Mil. Its Operating Income for the three months ended in Mar. 2019 was $10 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2019 was $7 Mil.

The Ultimate Software Group's Interest Coverage for the quarter that ended in Mar. 2019 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2019 )	/	Interest Expense (Q: Mar. 2019 )
	=	-1	*	9.71	/	-0.808
	=	12.02

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

The Ultimate Software Group (The Ultimate Software Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » The Ultimate Software Group Inc (NAS:ULTI) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

2000 Ultimate Way, Weston, FL, USA, 33326

Website

http://www.ultimatesoftware.com

The Ultimate Software Group is a provider of human capital management software solutions. The firm's UltiPro product suite includes human resources, payroll, and benefits management functionality, available in 12 languages and 35 country-specific localizations. Its solutions manage the complete employee lifecycle from recruitment to retirement, and include talent acquisition and onboarding, performance management, salary planning, budgeting, succession management, reporting, and analytical capabilities. The firm generates revenue through cloud subscription fees and implementation consulting services fees. All of the firm's revenue is generated in the United States and Canada.

Executives