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CoreCard (CoreCard) Interest Expense : $0.00 Mil (TTM As of Dec. 2023)


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What is CoreCard Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. CoreCard's interest expense for the three months ended in Dec. 2023 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $0.00 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. CoreCard's Operating Income for the three months ended in Dec. 2023 was $ 0.40 Mil. CoreCard's Interest Expense for the three months ended in Dec. 2023 was $ 0.00 Mil. GuruFocus does not calculate CoreCard's interest coverage with the available data. 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.


CoreCard Interest Expense Historical Data

The historical data trend for CoreCard'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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CoreCard Interest Expense Chart

CoreCard Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
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CoreCard Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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CoreCard 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 $0.00 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.


CoreCard  (NYSE:CCRD) 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.

CoreCard's Interest Expense for the three months ended in Dec. 2023 was $0.00 Mil. Its Operating Income for the three months ended in Dec. 2023 was $0.40 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $1.12 Mil.

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

GuruFocus does not calculate CoreCard's interest coverage with the available data.

* 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:

Ben Graham prefers companies' interest coverage to be at least 5. CoreCard Corp has enough cash to cover all of its debt. Its financial situation is stable.


CoreCard (CoreCard) Business Description

Traded in Other Exchanges
N/A
Address
One Meca Way, Norcross, GA, USA, 30093
CoreCard Corp is engaged in the business of providing technology solutions and processing services to the financial technology and services market. It designs, develops and markets a comprehensive suite of software solutions to program managers, accounts receivable businesses, financial institutions, retailers and processors to manage their credit and debit cards, prepaid cards, private label cards, fleet cards, buy now pay later programs, loyalty programs and accounts receivable and loan transactions. The CoreCard software platform and modules include CoreENGINE, CoreISSUE, CoreFRAUD, CoreCOLLECT, CoreAPP, CoreMONEY and CoreACQUIRE. Its customers are located in the U.S, European Union and the Middle East of which key revenue is derived from the U.S.
Executives
J Leland Strange director, 10 percent owner, Pres & CEO 4355 SHACKLEFORD RD, NORCROSS GA 30093
Kathryn Petralia director TRICOLOR HOLDINGS, INC., 6021 CONNECTION DRIVE, 4TH FLOOR, IRVING TX 75039
Elizabeth W Camp director 1111 BAY AVENUE, SUITE 501, COLUMBUS GA 31901
Philip H Moise director 3130 GATEWAY DRIVE, NORCROSS GA 30071
Chandler A Russell Iii director C/O KILPATRICK STOCKTON LLP, 110 PEACHTREE STREET SUITE 2800, ATLANTA GA 30309
Matthew A White officer: CFO and Corporate Secretary 4355 SHACKLEFORD RD, NORCROSS GA 30093
Karen J Reynolds officer: Chief Financial Officer 1816 MAGNOLIA BLUFF WAY, DULUTH GA 30097
Cherie M Fuzzell director 2795 EAST COTTONWOOD PARKWAY, SUITE 660, SLC UT 84121
Bonnie L Herron officer: Chief Financial Officer
J William Goodhew officer: Vice President
John B Peatman director
Francis A Marks officer: Vice President
James V Napier director 3355 LENOX ROAD, SUITE 750, ATLANTA 2Q 30326
Parker H Petit director 1850 PARKWAY PL, MARIETTA GA 30067
Donald A Mcmahon director