SofTech (SofTech) Interest Expense : $-0.10 Mil (TTM As of Nov. 2016)

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What is SofTech Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SofTech's interest expense for the three months ended in Nov. 2016 was $ -0.02 Mil. Its interest expense for the trailing twelve months (TTM) ended in Nov. 2016 was $-0.10 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. SofTech's Operating Income for the three months ended in Nov. 2016 was $ -0.21 Mil. SofTech's Interest Expense for the three months ended in Nov. 2016 was $ -0.02 Mil. SofTech 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.

SofTech Interest Expense Historical Data

The historical data trend for SofTech'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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SofTech Interest Expense Chart

SofTech Annual Data

Trend

May06

May07

May08

May09

May11

May12

May13

May14

May15

May16

Interest Expense

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-0.32

-0.34

-0.25

-0.17

-0.10

SofTech Quarterly Data
	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15	Nov15	Feb16	May16	Aug16	Nov16
Interest Expense	Get a 7-Day Free Trial															-0.03	-0.03	-0.03	-0.03	-0.02

SofTech 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 Nov. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.10 Mil.

SofTech (OTCPK:SOFT) 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.

SofTech's Interest Expense for the three months ended in Nov. 2016 was $-0.02 Mil. Its Operating Income for the three months ended in Nov. 2016 was $-0.21 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Nov. 2016 was $0.03 Mil.

SofTech's Interest Coverage for the quarter that ended in Nov. 2016 is calculated as

SofTech did not have earnings to cover the interest expense.

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

SofTech (SofTech) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SofTech Inc (OTCPK:SOFT) » Definitions » Interest Expense

Comparable Companies

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Address

650 Suffolk Street, Suite 415, Lowell, MA, USA, 01854

Website

http://www.softech.com

SofTech Inc is engaged in the development, marketing, distribution and support of computer software solutions that enable companies to manage the lifecycle of their products from conception through design and manufacture, to service and disposal. The company's service offerings include consulting, training and discrete engineering services. These solutions include software technology offerings for computer-aided design, and product data management and collaboration technologies. In addition, the company offers a technology platform that allows data exchange between various third-party technology offerings known as the company's connector offering.

Executives

Joseph Patrick Daly	10 percent owner	497 CIRCLE FREEWAY, CINCINNATI OH 45246
J Phillip Cooper	director

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