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Systar (XPAR:SAR) Interest Expense : €-0.14 Mil (TTM As of Dec. 2013)


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What is Systar Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Systar's interest expense for the six months ended in Dec. 2013 was € -0.05 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2013 was €-0.14 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. Systar's Operating Income for the six months ended in Dec. 2013 was € 0.77 Mil. Systar's Interest Expense for the six months ended in Dec. 2013 was € -0.05 Mil. Systar's Interest Coverage for the quarter that ended in Dec. 2013 was 15.40. 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.


Systar Interest Expense Historical Data

The historical data trend for Systar'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.

Systar Interest Expense Chart

Systar Annual Data
Trend Jun09 Jun10 Jun11 Jun12 Jun13
Interest Expense
-0.21 -0.14 -0.11 -0.14 -0.14

Systar Semi-Annual Data
Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13
Interest Expense Get a 7-Day Free Trial Premium Member Only -0.07 -0.03 - -0.09 -0.05

Systar 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. 2013 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-0.14 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.


Systar  (XPAR:SAR) 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.

Systar's Interest Expense for the six months ended in Dec. 2013 was €-0.05 Mil. Its Operating Income for the six months ended in Dec. 2013 was €0.77 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2013 was €1.41 Mil.

Systar's Interest Coverage for the quarter that ended in Dec. 2013 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2013 )/Interest Expense (Q: Dec. 2013 )
=-1*0.77/-0.05
=15.40

* 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.


Systar (XPAR:SAR) Business Description

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Systar is a provider of performance management software that enables large organizations to maximize the efficiency of their business operations and IT infrastructure.

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