Smart Employee Benefits (Smart Employee Benefits) Interest Expense : $-4.59 Mil (TTM As of Aug. 2022)

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What is Smart Employee Benefits Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Smart Employee Benefits's interest expense for the three months ended in Aug. 2022 was $ -1.30 Mil. Its interest expense for the trailing twelve months (TTM) ended in Aug. 2022 was $-4.59 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. Smart Employee Benefits's Operating Income for the three months ended in Aug. 2022 was $ -0.26 Mil. Smart Employee Benefits's Interest Expense for the three months ended in Aug. 2022 was $ -1.30 Mil. Smart Employee Benefits 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.

Smart Employee Benefits Interest Expense Historical Data

The historical data trend for Smart Employee Benefits'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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Smart Employee Benefits Interest Expense Chart

Smart Employee Benefits Annual Data

Trend

Nov12

Nov13

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Interest Expense

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-3.26

-1.27

-2.20

-2.44

-3.82

Smart Employee Benefits Quarterly Data
	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22
Interest Expense	Get a 7-Day Free Trial															-0.88	-1.09	-0.95	-1.25	-1.30

Smart Employee Benefits 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 Aug. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.59 Mil.

Smart Employee Benefits (OTCPK:SEBFF) 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.

Smart Employee Benefits's Interest Expense for the three months ended in Aug. 2022 was $-1.30 Mil. Its Operating Income for the three months ended in Aug. 2022 was $-0.26 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Aug. 2022 was $19.19 Mil.

Smart Employee Benefits's Interest Coverage for the quarter that ended in Aug. 2022 is calculated as

Smart Employee Benefits did not have earnings to cover the interest expense.

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

Smart Employee Benefits (Smart Employee Benefits) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Smart Employee Benefits Inc (OTCPK:SEBFF) » Definitions » Interest Expense

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Address

5500 Explorer Drive, 4th Floor, Mississauga, ON, CAN, L4W 5C7

Website

https://www.seb-inc.com

Smart Employee Benefits Inc is a Canadian technology company providing software-enabled services in the areas of healthcare transaction processing, software solutions, and professional services for corporate and government clients. The company's business segments are Benefits and Technology. Its Benefits segment provides software, solutions, services, and products focused on managing group benefit and wellness solutions and healthcare claims processing environments for corporate and government clients. The Technology segment provides solutions in the areas of supply change management, integration, and energy, as well as training and resource provisioning. It earns most of its revenue from the Technology segment.