Tecsys (TSX:TCS) Interest Expense : C$-0.2 Mil (TTM As of Jan. 2024)

View and export this data going back to 1998. Start your Free Trial

What is Tecsys Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tecsys's interest expense for the three months ended in Jan. 2024 was C$ -0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2024 was C$-0.2 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. Tecsys's Operating Income for the three months ended in Jan. 2024 was C$ 1.2 Mil. Tecsys's Interest Expense for the three months ended in Jan. 2024 was C$ -0.0 Mil. Tecsys's Interest Coverage for the quarter that ended in Jan. 2024 was 27.18. 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.

Tecsys Interest Expense Historical Data

The historical data trend for Tecsys'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.

Tecsys Interest Expense Chart

Tecsys Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Interest Expense

Get a 7-Day Free Trial

-0.20

-1.08

-0.79

-0.62

-0.41

Tecsys Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Interest Expense	Get a 7-Day Free Trial															-0.09	-0.02	-0.04	-0.05	-0.05

Tecsys 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.2 Mil.

Tecsys (TSX:TCS) 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.

Tecsys's Interest Expense for the three months ended in Jan. 2024 was C$-0.0 Mil. Its Operating Income for the three months ended in Jan. 2024 was C$1.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2024 was C$1.5 Mil.

Tecsys's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jan. 2024 )	/	Interest Expense (Q: Jan. 2024 )
	=	-1	*	1.223	/	-0.045
	=	27.18

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

Tecsys (TSX:TCS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Tecsys Inc (TSX:TCS) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

TCYSF:USA

Address

1 Place Alexis Nihon, Suite 800, Montreal, QC, CAN, H3Z 3B8

Website

https://www.tecsys.com

Tecsys Inc is engaged in the development and sale of enterprise supply chain management software for distribution, warehousing, transportation logistics, point-of-use and order management. It also provides related consulting, education and support services. The company serves healthcare systems, services parts, third-party logistics, retail and general wholesale distribution industries. Geographically, it derives a majority of its revenue from the United States and also has a presence in Canada and Other Countries. Its only operating segment is the development and marketing of enterprise-wide distribution software and related services.