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

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What is SofTech Interest Expense?

SofTech SOFT +100.00% Interest Expense is $-0.10 Mil as of Nov. 2016.

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  (OTCPK:SOFT) 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.

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.

* 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.

SofTech Interest Expense Historical Data

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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.

SofTech Interest Expense Chart

SofTech Annual Data
Trend May06 May07 May08 May09 May11 May12 May13 May14 May15 May16
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -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 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 -0.03 -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.

* 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 $-0.10 Mil mean?
SofTech (SOFT) has a Interest Expense of $-0.10 Mil as of Nov. 2016. Interest Expense is the amount a company pays on its long-term debt. View historical data on SofTech and its competitors.
Is SofTech's Interest Expense too high?
SofTech's current Interest Expense is $-0.10 Mil.
How does SofTech's Interest Expense compare to RETC and AGGG?
SofTech's Interest Expense of $-0.10 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 SofTech and its competitors. SofTech's current Interest Expense is $-0.10 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SofTech stock overvalued right now?
SofTech (SOFT) has a current Interest Expense of $-0.10 Mil. The current Interest Expense is $-0.10 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 SofTech (SOFT), the current Interest Expense is $-0.10 Mil as of Nov. 2016. 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.

SofTech Business Description

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