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iPass (IPAS) Interest Expense : $-0.62 Mil (TTM As of Sep. 2018)


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What is iPass Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. iPass's interest expense for the three months ended in Sep. 2018 was $ -0.57 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2018 was $-0.62 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. iPass's Operating Income for the three months ended in Sep. 2018 was $ -4.75 Mil. iPass's Interest Expense for the three months ended in Sep. 2018 was $ -0.57 Mil. iPass 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.


iPass Interest Expense Historical Data

The historical data trend for iPass'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.

iPass Interest Expense Chart

iPass Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.02 -0.12 -0.05 - -

iPass Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 - - - -0.04 -0.57

iPass 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. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.62 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.


iPass  (NAS:IPAS) 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.

iPass's Interest Expense for the three months ended in Sep. 2018 was $-0.57 Mil. Its Operating Income for the three months ended in Sep. 2018 was $-4.75 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2018 was $7.10 Mil.

iPass's Interest Coverage for the quarter that ended in Sep. 2018 is calculated as

iPass 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.


iPass (IPAS) Business Description

Traded in Other Exchanges
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Address
iPass Inc is a US based company engaged in providing mobile connectivity, offering simple, secure, always-on Wi-Fi access on any mobile device. Built on a software-as-a-service (SaaS) platform, the iPass cloud-based service keeps its customers connected by providing unlimited Wi-Fi connectivity on unlimited devices. The company has millions of hotspots in more than 100 countries, at airports, hotels, train stations, convention centers, outdoor venues, inflight, and more. Geographically, the business presence of the firm can be seen across the region of United States, North America, Europe, and the Asia-Pacific and Rest of the world.
Executives
Justin Spencer director C/O VOCERA COMMUNICATIONS, INC. 525 RACE STREET SAN JOSE CA 95126
E David Panos director 200 ACADEMY DRIVE, SUITE 120 AUSTIN TX 78704
Neal I Goldman director 170 SOUTHPORT DRIVE, MORRISVILLE NC 27560
Brent Morrison director 454 SATELLITE BLVD, NW #100, SUWANEE GA 30341
Richard Alan Karp director 849-B INDEPENDENCE AVE, MOUNTAIN VIEW CA 94043
Robert J Majteles director
John D Beletic director
Karen Willem officer: Senior VP and CFO 2100 SEAPORT BOULEVARD REDWOOD CITY CA 94063
Steven Gatoff officer: Senior VP and CFO C/O INSEEGO CORP, 9710 SCRANTON ROAD, SUITE 200, SAN DIEGO CA 92121
Kenneth H Traub director
Nicholas W Hulse officer: Senior VP of Worldwide Sales 700 SAGINAW DRIVE REDWOOD CITY CA 94063
A Gary Ames director PO BOX 500 (M/S 55-985), 14200 SW KARL BRAUN DRIVE, BEAVERTON OR 97077-0001
Stanley P Gold director ONE EMMIS PLAZA, 40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
Bruce K Posey officer: Sr VP, General Counsel and Sec 919 E HILLSDALE BLVD, FOSTER CITY CA 94404
Frank Verdecanna officer: VP and CFO C/O FIREEYE, INC. 1440 MCCARTHY BLVD. MILPITAS CA 95035

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