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SS&C Technologies Holdings (MEX:SSNC) Interest Expense : MXN-8,294 Mil (TTM As of Sep. 2024)


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What is SS&C Technologies Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SS&C Technologies Holdings's interest expense for the three months ended in Sep. 2024 was MXN -2,158 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was MXN-8,294 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. SS&C Technologies Holdings's Operating Income for the three months ended in Sep. 2024 was MXN 6,401 Mil. SS&C Technologies Holdings's Interest Expense for the three months ended in Sep. 2024 was MXN -2,158 Mil. SS&C Technologies Holdings's Interest Coverage for the quarter that ended in Sep. 2024 was 2.97. 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.

SS&C Technologies Holdings Interest Expense Historical Data

The historical data trend for SS&C Technologies Holdings'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.

SS&C Technologies Holdings Interest Expense Chart

SS&C Technologies Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7,725.06 -4,971.01 -4,219.73 -6,086.65 -8,084.83

SS&C Technologies Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -2,100.72 -2,135.36 -1,925.17 -2,075.67 -2,158.06

SS&C Technologies Holdings 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-8,294 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.

SS&C Technologies Holdings  (MEX:SSNC) 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.

SS&C Technologies Holdings's Interest Expense for the three months ended in Sep. 2024 was MXN-2,158 Mil. Its Operating Income for the three months ended in Sep. 2024 was MXN6,401 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was MXN144,350 Mil.

SS&C Technologies Holdings's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*6401.317/-2158.057
=2.97

* 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.

SS&C Technologies Holdings Business Description

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SSNC:USA 0L1G:UK WGSA:Germany S1SN34:Brazil
Address
80 Lamberton Road, Windsor, CT, USA, 06095
Website
https://www.ssctech.com
SS&C Technologies provides software products and software-enabled services to a variety of customers primarily in financial services but also healthcare firms. SS&C GlobeOp provides fund administration services to alternative and traditional asset managers. In addition, SS&C provides portfolio accounting, portfolio management, trading, banking/lending, and other software to asset managers, banks, and financial advisors. SS&C's purchase of Intralinks makes it a leading player in virtual data room solutions. With its 2018 purchase of DST Systems, SS&C gained a foothold in the healthcare industry with pharmacy health management solutions and medical claim administration services. In 2022, SS&C completed the acquisition of Blue Prism.