What is Computer Task Group Interest Expense?
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Computer Task Group's interest expense for the
three
months ended in Sep. 2023 was $ -0.5 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $-1.9 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. Computer Task Group's Operating Income for the
three
months ended in Sep. 2023 was $ -0.6 Mil. Computer Task Group's Interest Expense for the
three
months ended in Sep. 2023 was $ -0.5 Mil.
Computer Task Group 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.
Computer Task 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.9 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.
Computer Task Group (NAS:CTG) 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.
Computer Task Group's Interest Expense for the
three
months ended in Sep. 2023 was $-0.5 Mil. Its
Operating Income
for the
three
months ended in Sep. 2023 was $-0.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Sep. 2023 was $13.4 Mil.
Computer Task Group's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as
| Computer Task Group 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.
Computer Task Group (Computer Task Group) Business Description
Traded in Other Exchanges
N/A
Address
300 Corporate Parkway, Suite 214N, Amherst, NY, USA, 14226
Computer Task Group Inc is engaged in providing information technology services to its clients. The company divides its services into information technology solutions and information technology & other staffing. Its segments include North America IT Solutions and Services, Europe IT Solutions and Services, and Non-Strategic Technology Services. The firm derives most of its revenues from information technology & other staffing services. It mainly caters its services to technology service providers, financial services, healthcare, manufacturing, and energy industries. The geographical segments are the United States, Luxembourg, Belgium, and other countries.
Executives
| Thomas J Niehaus |
officer: Executive Vice President |
300 CORPORATE PARKWAY SUITE 214N, AMHERST NY 14226 |
| Gyde Filip J L |
director, officer: President and CEO |
C/O COMPUTER TASK GROUP INC, 800 DELAWARE AVE, BUFFALO NY 14209 |
| Raj Rajgopal |
director |
C/O VIRTUSA CORPORATION, 2000 WEST PARK DRIVE, WESTBOROUGH MA 01581 |
| Helvey Iii James R |
director |
300 CORPORATE PARKWAY SUITE 214N, AMHERST NY 14226 |
| Kathryn A Stein |
director |
300 CORPORATE PARKWAY SUITE 214N, AMHERST NY 14226 |
| Daniel J Sullivan |
director |
|
| Valerie Rahmani |
director |
300 CORPORATE PARKWAY SUITE 214N, AMHERST NY 14226 |
| Owen J Sullivan |
director |
5301 NORTH IRONWOOD ROAD, MILWAUKEE WI 53217 |
| David H Klein |
director |
300 CORPORATE PARKWAY SUITE 214N, AMHERST NY 14226 |
| Jeffrey D Gerkin |
officer: Executive Vice President |
800 DELAWARE AVENUE, BUFFALO NY 14209 |
| John M Laubacker |
officer: Chief Financial Officer & SVP |
300 CORPORATE PARKWAY SUITE 214N, AMHERST NY 14226 |
| Peter P Radetich |
officer: Sr Vice President & Secretary |
300 CORPORATE PARKWAY SUITE 214N, AMHERST NY 14226 |
| Brendan M Harrington |
officer: Chief Financial Officer Sr VP |
800 DELAWARE AVENUE, BUFFALO NY 14209 |
| Cliff Bleustein |
director, officer: President & CEO |
800 DELAWARE AVENUE, BUFFALO NY 14209 |
| Alfred Hamilton |
officer: Vice President |
800 DELAWARE AVENUE, BUFFALO NY 14209 |
Computer Task Group (Computer Task Group) Headlines
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