Certara (HAM:700) Interest Expense : €-21.4 Mil (TTM As of Jun. 2024)

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What is Certara Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Certara's interest expense for the three months ended in Jun. 2024 was € -5.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was €-21.4 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. Certara's Operating Income for the three months ended in Jun. 2024 was € -8.4 Mil. Certara's Interest Expense for the three months ended in Jun. 2024 was € -5.2 Mil. Certara 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.

Certara Interest Expense Historical Data

The historical data trend for Certara'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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Certara Interest Expense Chart

Certara Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-25.20

-20.79

-14.90

-16.78

-21.01

Certara Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Interest Expense	Get a 7-Day Free Trial															-5.23	-5.53	-5.38	-5.29	-5.18

Certara 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-21.4 Mil.

Certara (HAM:700) 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.

Certara's Interest Expense for the three months ended in Jun. 2024 was €-5.2 Mil. Its Operating Income for the three months ended in Jun. 2024 was €-8.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was €283.2 Mil.

Certara's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Certara did not have earnings to cover the interest expense.

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

Certara Business Description

Industry

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CERT:USA

Address

100 Overlook Center, Suite 101, Princeton, NJ, USA, 08540

Website

https://www.certara.com

Certara Inc accelerates medicines to patients using biosimulation software and technology to transform traditional drug discovery and development. It provides modeling and simulation, regulatory science, and assessment software and services to help clients reduce clinical trials, accelerate regulatory approval and increase patient access to medicines. The group has a business presence in the United States, EMEA, and other regions, of which a majority of revenue is derived from the United States.

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