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Computer Programs and Systems Interest Coverage

: 5.49 (As of Sep. 2021)
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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 by its Interest Expense. Computer Programs and Systems's Operating Income for the three months ended in Sep. 2021 was $4.5 Mil. Computer Programs and Systems's Interest Expense for the three months ended in Sep. 2021 was $-0.8 Mil. Computer Programs and Systems's interest coverage for the quarter that ended in Sep. 2021 was 5.49. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Computer Programs and Systems's Interest Coverage or its related term are showing as below:

NAS:CPSI' s Interest Coverage Range Over the Past 10 Years
Min: 2.18   Med: 5002.96   Max: No Debt
Current: 7.77

2.18
No Debt

NAS:CPSI's Interest Coverage is ranked lower than
57% of the 409 Companies
in the Healthcare Providers & Services industry.

( Industry Median: 12.43 vs. NAS:CPSI: 7.77 )

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Computer Programs and Systems Interest Coverage Historical Data

The historical data trend for Computer Programs and Systems's Interest Coverage 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.

Computer Programs and Systems Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Interest Coverage
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.18 3.00 3.28 3.67 5.91

Computer Programs and Systems Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Interest Coverage 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 Premium Member Only Premium Member Only Premium Member Only 7.30 8.18 7.84 9.71 5.49

Competitive Comparison

For the Health Information Services subindustry, Computer Programs and Systems's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

Computer Programs and Systems Interest Coverage Distribution

For the Healthcare Providers & Services industry and Healthcare sector, Computer Programs and Systems's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Computer Programs and Systems's Interest Coverage falls into.



Computer Programs and Systems Interest Coverage Calculation

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:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt.


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Computer Programs and Systems's Interest Coverage for the fiscal year that ended in Dec. 2020 is calculated as

Here, for the fiscal year that ended in Dec. 2020, Computer Programs and Systems's Interest Expense was $-3.6 Mil. Its Operating Income was $21.1 Mil. And its Long-Term Debt & Capital Lease Obligation was $78.5 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2020 )/Interest Expense (A: Dec. 2020 )
=-1*21.054/-3.562
=5.91

Computer Programs and Systems's Interest Coverage for the quarter that ended in Sep. 2021 is calculated as

Here, for the three months ended in Sep. 2021, Computer Programs and Systems's Interest Expense was $-0.8 Mil. Its Operating Income was $4.5 Mil. And its Long-Term Debt & Capital Lease Obligation was $117.1 Mil.

Interest Coverage=-1* Operating Income (Q: Sep. 2021 )/Interest Expense (Q: Sep. 2021 )
=-1*4.531/-0.825
=5.49

* 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.


Computer Programs and Systems  (NAS:CPSI) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Computer Programs and Systems Interest Coverage Related Terms

Thank you for viewing the detailed overview of Computer Programs and Systems's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Computer Programs and Systems Business Description

Computer Programs and Systems logo
Industry
Traded in Other Exchanges
Address
6600 Wall Street, Mobile, AL, USA, 36695
Computer Programs and Systems Inc is a provider of healthcare solutions and services for community hospitals and post-acute care facilities. The company's segment includes Acute Care EHR, Post-acute Care EHR, and TruBridge. Acute Care EHR segment consists of acute care software solutions and support sales generated by Evident and Health and. Post-acute Care EHR segment consists of post-acute care software solutions and support sales generated by AHT, and TruBridge segment primarily consists of business management, consulting and managed IT services sales generated by TruBridge and the sale of Rycan's revenue cycle management workflow and automation software. It generates a majority of its revenue from the Acute Care EHR segment.
Executives
Strong Jeffrey A. director 157 COLUMBUS AVE SUITE 403 NEW YORK CITY NY 10023
Douglas John B Jr director, officer: President and CEO 333 DALEWOOD DR. MOBILE AL 36608
Schneider Victor S officer: Executive Vice President 5 DEMOUY AVE. MOBILE AL 36606
Fowler Christopher L officer: COO and President (TruBridge) 6600 WALL STREET MOBILE AL 36695
Britain James B officer: VP - Finance and Controller 6600 WALL STREET MOBILE AL 36695
Hinckle Robert D officer: Senior VP - Client Services COMPUTER PROGRAMS AND SYSTEMS, INC. 6600 WALL STREET MOBILE AL 36695
Rosser Troy D officer: Senior Vice President - Sales COMPUTER PROGRAMS & SYSTEMS, INC. 6600 WALL STREET MOBILE AL 36695
Chambless Matt J officer: CFO, Secretary & Treasurer 6600 WALL STREET MOBILE AL 36695
Mulherin William A Iii director 228 S. MCGREGOR AVE MOBILE AL 36608
Tobin Glenn director CERNER CORP 2800 ROCKCREEK PARKWAY KANSAS CITY MO 64117
Warren Denise Wilder director 6600 WALL STREET MOBILE AL 36695
Benjamin Regina M. director 51 SAWYER ROAD, SUITE 200 WALTHAM MA 02453
Huffman Charles P director PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: HUFFMAN CHARLES P a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Hjelm Christopher T director C/O THE KROGER CO. 1014 VINE ST. CINCINNATI OH 45202
Outlaw Arthur Robert Jr director 6600 WALL STREET MOBILE AL 36695

Computer Programs and Systems Headlines

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