Allocate Software (LSE:ALLA) Interest Expense: £-0.02 Mil (TTM As of May. 2014)

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What is Allocate Software Interest Expense?

Allocate Software LSE:ALLA Interest Expense is £-0.02 Mil as of May. 2014. The stock has 1 warning sign investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Allocate Software's interest expense for the six months ended in May. 2014 was £ -0.02 Mil. Its interest expense for the trailing twelve months (TTM) ended in May. 2014 was £-0.02 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. Allocate Software's Operating Income for the six months ended in May. 2014 was £ 4.81 Mil. Allocate Software's Interest Expense for the six months ended in May. 2014 was £ -0.02 Mil. Allocate Software's Interest Coverage for the quarter that ended in May. 2014 was 218.55. 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.

Allocate Software  (LSE:ALLA) 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.

Allocate Software's Interest Expense for the six months ended in May. 2014 was £-0.02 Mil. Its Operating Income for the six months ended in May. 2014 was £4.81 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in May. 2014 was £0.00 Mil.

Allocate Software's Interest Coverage for the quarter that ended in May. 2014 is calculated as

Interest Coverage=-1* Operating Income (Q: May. 2014 )/Interest Expense (Q: May. 2014 )
=-1*4.808/-0.022
=218.55

* 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:

Allocate Software PLC has no debt.

Allocate Software Interest Expense Historical Data

* Premium members only.

The historical data trend for Allocate Software'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.

Allocate Software Interest Expense Chart

Allocate Software Annual Data
Trend May05 May06 May07 May08 May09 May10 May11 May12 May13 May14
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.02 -0.03 -0.12 -0.12 -0.02

Allocate Software Semi-Annual Data
Nov04 May05 Nov05 May06 Nov06 May07 Nov07 May08 Nov08 May09 Nov09 May10 Nov10 May11 Nov11 May12 Nov12 May13 Nov13 May14
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.12 0.00 -0.12 0.00 -0.02

Allocate Software 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 May. 2014 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.02 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of £-0.02 Mil mean?
Allocate Software (LSE:ALLA) has a Interest Expense of £-0.02 Mil as of May. 2014. Interest Expense is the amount a company pays on its long-term debt. View historical data on Allocate Software and its competitors.
Is Allocate Software's Interest Expense too high?
Allocate Software's current Interest Expense is £-0.02 Mil.
How does Allocate Software's Interest Expense compare to SREV and ASUR?
Allocate Software's Interest Expense of £-0.02 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Software company?
A good Interest Expense depends on the Software industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Allocate Software and its competitors. Allocate Software's current Interest Expense is £-0.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Allocate Software stock overvalued right now?
Allocate Software (LSE:ALLA) has a current Interest Expense of £-0.02 Mil. The current Interest Expense is £-0.02 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Allocate Software (LSE:ALLA), the current Interest Expense is £-0.02 Mil as of May. 2014. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Allocate Software Business Description

Allocate Software PLC is engaged in the development, sale and support of workforce management solutions, and the provision of related IT services to major healthcare, defence, government and commercial customers. The business of the company is focused principally on the Healthcare market in addition to Defence. Its segments are Licence, Subscriptions, Support, and Services. Licence and Subscriptions segments represent the sale of non-cancellable software licence agreements and subscriptions associated with that software. Support and Services segments represent the provision of installation, consulting, training and product support. It operates in UK, Europe, USA and Australia.