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WaveDancer (WaveDancer) Interest Expense : $-0.10 Mil (TTM As of Dec. 2023)


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What is WaveDancer Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. WaveDancer's interest expense for the three months ended in Dec. 2023 was $ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.10 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. WaveDancer's Operating Income for the three months ended in Dec. 2023 was $ -0.61 Mil. WaveDancer's Interest Expense for the three months ended in Dec. 2023 was $ -0.01 Mil. WaveDancer 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.


WaveDancer Interest Expense Historical Data

The historical data trend for WaveDancer'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.

WaveDancer Interest Expense Chart

WaveDancer Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -0.04 -0.08 -0.10

WaveDancer Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.02 -0.04 -0.04 -0.02 -0.01

WaveDancer 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.10 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.


WaveDancer  (NAS:WAVD) 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.

WaveDancer's Interest Expense for the three months ended in Dec. 2023 was $-0.01 Mil. Its Operating Income for the three months ended in Dec. 2023 was $-0.61 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $0.14 Mil.

WaveDancer's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

WaveDancer 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.


WaveDancer (WaveDancer) Business Description

Traded in Other Exchanges
N/A
Address
12015 Lee Jackson Memorial Highway, Suite 210, Fairfax, VA, USA, 22033
WaveDancer Inc, formerly Information Analysis Inc is in the business of developing and maintaining information technology systems, modernizing client information systems, and performing professional services to government and commercial organizations. The company has two operating segments: the Tellenger segment provides professional services to government agencies, related to legacy software migration and modernization, developing web-based and mobile device solutions, including dynamic electronic forms development and conversion, and data analytics, and The Blockchain SCM segment is an early-stage business focused on developing, marketing, and selling a SaaS supply chain management platform built on blockchain technology.
Executives
Benoit Gerald James Jr director, officer: CEO %INFORMATION ANALYSIS INCORPORATED, 12015 LEE JACKSON MEMORIAL HWY, STE 210, FAIRFAX VA 22033
Linda L Singh director 3301 BOSTON STREET, BALTIMORE MD 21224
Paul B Becker director C/O INFORMATION ANALYSIS INCORPORATED, 12015 LEE JACKSON MEMORIAL HWY STE 210, FAIRFAX VA 22033
Timothy G Hannon officer: CFO % INFORMATION ANALYSIS INC, STE 210, FAIRFAX VA 22033
Dipaula James C Jr director C/O INFORMATION ANALYSIS INCORPORATED, STE 210, FAIRFAX VA 22033
Donald J Tringali director C/O INFORMATION ANALYSIS INCORPORATED, 11240 WAPLES MILL RD STE 201, FAIRFAX VA 22030
Johnson Jack L Jr director C/O INFORATION ANALYSIS INCORPORATED, 11240 WAPLES MILL RD STE 201, FAIRFAX VA 22030
Sandor Rosenberg director, 10 percent owner, officer: Chief Executive Officer 11240 WAPLES MILL ROAD, SUITE 400, FAIRFAX VA 22030
Matthew T Sands officer: Acting Principal Financial Off C/O INFORMATION ANALYSIS INCORPORATED, 11240 WAPLES MILL RD STE 201, FAIRFAX VA 22030
Joseph Patrick Daly 10 percent owner 497 CIRCLE FREEWAY, CINCINNATI OH 45246
Bonnie K Wachtel director 1101 FOURTEENTH STREET NW, SUITE 800, WASHINGTON DC 20005
Stanley Arthur Reese officer: Chief Operating Officer
Mark T Krial director C/O INFORMATION ANALYSIS INCORPORATED, 11240 WAPLES MILL RD STE 201, FAIRFAX VA 22030
William Henry Pickle director C/O INFORMATION ANALYSIS INCORPORATED, 11240 WAPLES MILL RD, STE 201, FAIRFAX VA 22030
Richard S Derose officer: Chief Financial Officer