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Allocate Software (LSE:ALLA) Interest Expense : £-0.02 Mil (TTM As of May. 2014)


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What is Allocate Software Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Allocate Software's interest expense for the six months ended in May. 2014 was £ -0.02 Mil. Its interest expense for the trailing twelve months (TTM) ended in May. 2014 was £-0.02 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. Allocate Software's Operating Income for the six months ended in May. 2014 was £ 4.81 Mil. Allocate Software's Interest Expense for the six months ended in May. 2014 was £ -0.02 Mil. Allocate Software's Interest Coverage for the quarter that ended in May. 2014 was 218.55. 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.


Allocate Software Interest Expense Historical Data

The historical data trend for Allocate Software'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.

Allocate Software Interest Expense Chart

Allocate Software Annual Data
Trend May05 May06 May07 May08 May09 May10 May11 May12 May13 May14
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.02 -0.03 -0.12 -0.12 -0.02

Allocate Software Semi-Annual Data
Nov04 May05 Nov05 May06 Nov06 May07 Nov07 May08 Nov08 May09 Nov09 May10 Nov10 May11 Nov11 May12 Nov12 May13 Nov13 May14
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 -0.12 - -0.12 - -0.02

Allocate Software 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 May. 2014 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.02 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.


Allocate Software  (LSE:ALLA) 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.

Allocate Software's Interest Expense for the six months ended in May. 2014 was £-0.02 Mil. Its Operating Income for the six months ended in May. 2014 was £4.81 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in May. 2014 was £0.00 Mil.

Allocate Software's Interest Coverage for the quarter that ended in May. 2014 is calculated as

Interest Coverage=-1* Operating Income (Q: May. 2014 )/Interest Expense (Q: May. 2014 )
=-1*4.808/-0.022
=218.55

* 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.

Good Sign:

Allocate Software PLC has no debt.


Allocate Software (LSE:ALLA) Business Description

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Allocate Software PLC is engaged in the development, sale and support of workforce management solutions, and the provision of related IT services to major healthcare, defence, government and commercial customers. The business of the company is focused principally on the Healthcare market in addition to Defence. Its segments are Licence, Subscriptions, Support, and Services. Licence and Subscriptions segments represent the sale of non-cancellable software licence agreements and subscriptions associated with that software. Support and Services segments represent the provision of installation, consulting, training and product support. It operates in UK, Europe, USA and Australia.

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