Ansys (ANSS) Interest Expense : $-47 Mil (TTM As of Dec. 2023)

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What is Ansys Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ansys's interest expense for the three months ended in Dec. 2023 was $ -13 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-47 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. Ansys's Operating Income for the three months ended in Dec. 2023 was $ 333 Mil. Ansys's Interest Expense for the three months ended in Dec. 2023 was $ -13 Mil. Ansys's Interest Coverage for the quarter that ended in Dec. 2023 was 26.53. 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.

Ansys Interest Expense Historical Data

The historical data trend for Ansys'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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Ansys Interest Expense Chart

Ansys Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-3.46

-10.99

-12.41

-22.73

-47.15

Ansys 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															-9.06	-10.76	-11.56	-12.28	-12.55

Ansys 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 $-47 Mil.

Ansys (NAS:ANSS) 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.

Ansys's Interest Expense for the three months ended in Dec. 2023 was $-13 Mil. Its Operating Income for the three months ended in Dec. 2023 was $333 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $854 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	333	/	-12.551
	=	26.53

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

Ansys (ANSS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ansys Inc (NAS:ANSS) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

ANSS:Mexico AKX:Germany A1NS34:Brazil ANSS:Austria

Address

2600 ANSYS Drive, Canonsburg, PA, USA, 15317

Website

https://www.ansys.com

Ansys is an engineering software company that provides simulation capabilities for structural, fluids, semiconductor power, embedded software, optical, and electromagnetic properties. Ansys employs over 4,000 people and serves over 50,000 customers globally, including those in aerospace defense and automotive.

Executives

Glenda Dorchak	director	C/O MELLANOX TECHNOLOGIES, INC., 350 OAKMEAD PARKWAY, SUITE 100, SUNNYVALE CA 94085
Ajei Gopal	director	CA, INC., ONE CA PLAZA, ISLANDIA NY 11749
Janet Lee	officer: VP, General Counsel	2600 ANSYS DRIVE, CANONSBURG PA 15317
Barbara Vaughn Scherer	director	337 ENCINAL ST, SANTA CRUZ CA 95060
Shane Emswiler	officer: VP and General Manager	225 WEST STATION SQUARE DRIVE, STE 200, PITTSBURGH PA 15219
Walter Hearn	officer: SVP, World Sales & Cust. Exc.	2600 ANSYS DRIVE, CANONSBURG PA 15317
Claire Bramley	director	HP, 1501 PAGE MILL ROAD, PALO ALTO CA 94304
Richard S. Mahoney	officer: VP, WORLDWIDE SALES & SUPPORT	2600 ANSYS DRIVE, CANONSBURG PA 15317
Maria T Shields	officer: CFO	2600 ANSYS DRIVE, CANONSBURG PA 15317
Anil Chakravarthy	director	C/O INFORMATICA CORPORATION, 2100 SEAPORT BOULEVARD, REDWOOD CITY CA 94063
Alec D. Gallimore	director	2600 ANSYS DRIVE, CANONSBURG PA 15317
Jim Frankola	director	C/O CLOUDERA INC, 1001 PAGE MILL ROAD, BLDG. 3, PALO ALTO CA 94089
Matthew C. Zack	officer: VP, Marketing/Corp Development	2600 ANSYS DRIVE, CANONSBURG PA 15317
Nicole Anasenes	director	2600 ANSYS DRIVE, CANONSBURG PA 15317
Robert Calderoni	director	851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309