Computer Modelling Group (Computer Modelling Group) Interest Expense : $-1.39 Mil (TTM As of Dec. 2023)

View and export this data going back to . Start your Free Trial

What is Computer Modelling Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Computer Modelling Group's interest expense for the three months ended in Dec. 2023 was $ -0.33 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-1.39 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. Computer Modelling Group's Operating Income for the three months ended in Dec. 2023 was $ 6.13 Mil. Computer Modelling Group's Interest Expense for the three months ended in Dec. 2023 was $ -0.33 Mil. Computer Modelling Group's Interest Coverage for the quarter that ended in Dec. 2023 was 18.50. 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.

Computer Modelling Group Interest Expense Historical Data

The historical data trend for Computer Modelling Group'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.

Computer Modelling Group Interest Expense Chart

Computer Modelling Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

Get a 7-Day Free Trial

-1.52

-1.65

-1.97

-1.41

Computer Modelling Group 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															-0.36	-0.35	-0.35	-0.36	-0.33

Computer Modelling Group 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 $-1.39 Mil.

Computer Modelling Group (OTCPK:CMDXF) 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.

Computer Modelling Group's Interest Expense for the three months ended in Dec. 2023 was $-0.33 Mil. Its Operating Income for the three months ended in Dec. 2023 was $6.13 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $26.10 Mil.

Computer Modelling Group'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	*	6.125	/	-0.331
	=	18.50

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

Computer Modelling Group (Computer Modelling Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Computer Modelling Group Ltd (OTCPK:CMDXF) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

CMG:Canada

Address

3710 33 Street N.W., Calgary, AB, CAN, T2L 2M1

Website

https://www.cmgl.ca

Computer Modelling Group Ltd is a Canada-based provider of reservoir simulation software for the oil and gas industry. Its capabilities include integrated analysis and optimization, black oil and unconventional simulation, reservoir and production system modelling, post-processor visualization, compositional simulation, thermal processes simulation, and fluid property characterization. The firm has operations in Americas, Europe, Middle East, Africa, and Asia-Pacific regions.