Technology One (STU:RW8) Interest Expense : €-1.6 Mil (TTM As of Sep. 2024)

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What is Technology One Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Technology One's interest expense for the six months ended in Sep. 2024 was € -1.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was €-1.6 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. Technology One's Operating Income for the six months ended in Sep. 2024 was € 53.7 Mil. Technology One's Interest Expense for the six months ended in Sep. 2024 was € -1.0 Mil. Technology One's Interest Coverage for the quarter that ended in Sep. 2024 was 52.17. 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.

Technology One Interest Expense Historical Data

The historical data trend for Technology One'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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Technology One Interest Expense Chart

Technology One Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Interest Expense

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-0.92

-0.93

-1.24

-1.28

-1.61

Technology One Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Interest Expense	Get a 7-Day Free Trial															-0.70	-0.63	-0.67	-0.58	-1.03

Technology One 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 semi-annually data reported by the company within the most recent 12 months, which was €-1.6 Mil.

Technology One (STU:RW8) 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.

Technology One's Interest Expense for the six months ended in Sep. 2024 was €-1.0 Mil. Its Operating Income for the six months ended in Sep. 2024 was €53.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2024 was €32.1 Mil.

Technology One'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	*	53.735	/	-1.03
	=	52.17

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Technology One Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Technology One Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Technology One Ltd (STU:RW8) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

THNOF:USA RW8:Germany TNE:Australia

Address

540 Wickham Street, Level 11, Fortitude Valley, Brisbane, QLD, AUS, 4006

Website

https://www.technologyonecorp.com

Technology One is a technology company providing enterprise resource planning software, primarily to governments, education institutions, and healthcare organizations in Australia, New Zealand, and the United Kingdom. Over the past three decades, Technology One has successfully carved out its niche, boasting dominant market shares in some of its key verticals, world-leading annual customer retention rates of over 99%, and a consistently growing number of products used per customer.

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