Software AG (Software AG) Interest Expense : $-24 Mil (TTM As of Sep. 2023)

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What is Software AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Software AG's interest expense for the three months ended in Sep. 2023 was $ -8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $-24 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. Software AG's Operating Income for the three months ended in Sep. 2023 was $ 37 Mil. Software AG's Interest Expense for the three months ended in Sep. 2023 was $ -8 Mil. Software AG's Interest Coverage for the quarter that ended in Sep. 2023 was 4.50. 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.

Software AG Interest Expense Historical Data

The historical data trend for Software AG'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.

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Software AG Interest Expense Chart

Software AG Annual Data

Trend

Dec13

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Dec22

Interest Expense

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-4.22

-3.58

-3.82

-4.88

-19.79

Software AG Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Interest Expense	Get a 7-Day Free Trial															-6.54	-1.83	-6.80	-7.18	-8.29

Software AG 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 $-24 Mil.

Software AG (OTCPK:STWRY) 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.

Software AG's Interest Expense for the three months ended in Sep. 2023 was $-8 Mil. Its Operating Income for the three months ended in Sep. 2023 was $37 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was $0 Mil.

Software AG's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2023 )	/	Interest Expense (Q: Sep. 2023 )
	=	-1	*	37.279	/	-8.291
	=	4.50

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

Software AG (Software AG) Business Description

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Traded in Other Exchanges

SWDAF:USA 0RUL:UK SOW:Germany

Address

Uhlandstrasse 12, Darmstadt, HE, DEU, 64297

Website

https://www.softwareag.com

Software AG is a Germany-based provider of software solutions for the banking, communication and media, local and federal government, energy, insurance, transportation, retail, and manufacturing end markets. Its services include business process management, portfolio management, risk and compliance management, operational intelligence, and streaming analytics, many of which are delivered via cloud-based software applications. The firm has operations in Germany; the USA and other countries.