GURUFOCUS.COM » STOCK LIST » Technology » Software » SS&C Technologies Holdings Inc (STU:WGSA) » Definitions » Interest Expense

SS&C Technologies Holdings (STU:WGSA) Interest Expense : €-444 Mil (TTM As of Mar. 2024)


View and export this data going back to 2018. Start your Free Trial

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 Mar. 2024 was € -107 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-444 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 Mar. 2024 was € 306 Mil. SS&C Technologies Holdings's Interest Expense for the three months ended in Mar. 2024 was € -107 Mil. SS&C Technologies Holdings's Interest Coverage for the quarter that ended in Mar. 2024 was 2.87. 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 -368.64 -205.42 -182.05 -294.72 -436.77

SS&C Technologies Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -104.52 -108.91 -113.00 -115.36 -106.72

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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-444 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  (STU:WGSA) 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 Mar. 2024 was €-107 Mil. Its Operating Income for the three months ended in Mar. 2024 was €306 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €6,242 Mil.

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

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*306.268/-106.72
=2.87

* 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 (STU:WGSA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » SS&C Technologies Holdings Inc (STU:WGSA) » Definitions » Interest Expense
Comparable Companies
BSY U DT AZPN APP MANH GRAB TYL DOCU PAYC CRM XTER:SAP INTU NOW UBER SHOP CDNS WDAY SNOW XPAR:DSY
Traded in Other Exchanges
SSNC:USA SSNC:Mexico
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 purchase of DST Systems, SS&C gained a foothold in the healthcare industry with pharmacy health management solutions and medical claim administration services.

SS&C Technologies Holdings (STU:WGSA) Headlines

No Headlines