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TruBridge (TruBridge) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


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What is TruBridge Interest Coverage?

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. TruBridge's Operating Income for the three months ended in Dec. 2023 was $-3.5 Mil. TruBridge's Interest Expense for the three months ended in Dec. 2023 was $-4.1 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

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


TBRG's Interest Coverage is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 9.08
* Ranked among companies with meaningful Interest Coverage only.

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


TruBridge Interest Coverage Historical Data

The historical data trend for TruBridge'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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

TruBridge Interest Coverage Chart

TruBridge Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.67 5.91 7.82 3.60 -

TruBridge Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Interest Coverage 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 1.87 2.36 - - -

Competitive Comparison of TruBridge's Interest Coverage

For the Health Information Services subindustry, TruBridge'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.


TruBridge's Interest Coverage Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where TruBridge's Interest Coverage falls into.



TruBridge 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 (1).


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

TruBridge's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, TruBridge's Interest Expense was $-12.5 Mil. Its Operating Income was $-4.3 Mil. And its Long-Term Debt & Capital Lease Obligation was $198.3 Mil.

TruBridge did not have earnings to cover the interest expense.

TruBridge's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, TruBridge's Interest Expense was $-4.1 Mil. Its Operating Income was $-3.5 Mil. And its Long-Term Debt & Capital Lease Obligation was $198.3 Mil.

TruBridge 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.


TruBridge  (NAS:TBRG) 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 .


TruBridge Interest Coverage Related Terms

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


TruBridge (TruBridge) Business Description

Traded in Other Exchanges
Address
54 St. Emanuel Street, Mobile, AL, USA, 36602
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
Mark V Anquillare director C/O VERISK ANALYTICS, INC., 545 WASHINGTON BOULEVARD, JERSEY CITY NJ 07310-1686
Lance Park officer: VP Finance & Controller 54 ST. EMANUEL STREET, MOBILE AL 36602
Kevin Plessner officer: General Counsel 54 ST. EMANUEL STREET, MOBILE AL 36602
Wes Cronkite officer: Chief Technology & Innovation 54 ST. EMANUEL STREET, MOBILE AL 36602
David A Dye director, officer: Chief Growth Officer 1307 CAPTAIN O'NEAL DR., DAPHNE AL 36526
Christopher L Fowler officer: COO and President (TruBridge) 6600 WALL STREET, MOBILE AL 36695
Robert D Hinckle officer: Senior VP - Client Services COMPUTER PROGRAMS AND SYSTEMS, INC., 6600 WALL STREET, MOBILE AL 36695
Glenn Tobin director CERNER CORP, 2800 ROCKCREEK PARKWAY, KANSAS CITY MO 64117
James Patrick Murphy officer: SVP, TruBridge, Bus. Service 54 ST. EMANUEL STREET, MOBILE AL 36602
Amaris Angelica Mccomas officer: Chief People Officer 54 ST. EMANUEL STREET, MOBILE AL 36602
Claire Stephens officer: SVP, Post Acute Care 54 ST. EMANUEL STREET, MOBILE AL 36602
Dawn M Severance officer: SVP of TruBridge, Sales 54 ST. EMANUEL STREET, MOBILE AL 36602
Douglas John B Jr director, officer: President and CEO 333 DALEWOOD DR., MOBILE AL 36608
Troy D Rosser officer: Senior Vice President - Sales COMPUTER PROGRAMS & SYSTEMS, INC., 6600 WALL STREET, MOBILE AL 36695
Matt J Chambless officer: CFO, Secretary & Treasurer 6600 WALL STREET, MOBILE AL 36695