PTC (PTC) Interest Expense : $-138 Mil (TTM As of Mar. 2024)

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What is PTC Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. PTC's interest expense for the three months ended in Mar. 2024 was $ -32 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-138 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. PTC's Operating Income for the three months ended in Mar. 2024 was $ 180 Mil. PTC's Interest Expense for the three months ended in Mar. 2024 was $ -32 Mil. PTC's Interest Coverage for the quarter that ended in Mar. 2024 was 5.68. 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.

PTC Interest Expense Historical Data

The historical data trend for PTC'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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PTC Interest Expense Chart

PTC Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Interest Expense

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-43.05

-76.43

-50.48

-54.27

-129.42

PTC 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															-41.53	-35.84	-35.70	-35.33	-31.59

PTC 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 $-138 Mil.

PTC (NAS:PTC) 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.

PTC's Interest Expense for the three months ended in Mar. 2024 was $-32 Mil. Its Operating Income for the three months ended in Mar. 2024 was $180 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $1,652 Mil.

PTC'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	*	179.548	/	-31.586
	=	5.68

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

PTC (PTC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » PTC Inc (NAS:PTC) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

PTC:Mexico PMTA:Germany PMTA:Germany

Address

121 Seaport Boulevard, Boston, MA, USA, 02210

Website

https://www.ptc.com

PTC offers high-end computer-assisted design (Creo) and product lifecycle management (Windchill) software as well as Internet of Things and AR industrial solutions. Founded in 1985, PTC has 28,000 customers, with revenue stemming mostly from North America (45%) and Europe (40%).

Executives

Robert Schechter	director	C/O NMS COMMUNICATIONS, 100 CROSSING BLVD, FRAMINGHAM MA 01702
Kristian Talvitie	officer: Chief Financial Officer	121 SEAPORT BOULEVARD, BOSTON MA 02210
Michael Ditullio	officer: EVP	121 SEAPORT BLVD, BOSTON MA 02210
Von Staats Aaron C	officer: SVP, General Counsel and Clerk	C/O PARAMETRIC TECHNOLOGY CORP, 140 KENDRICK ST, NEEDHAM MA 02494
Catherine Kniker	officer: Chief Strategy Officer	C/O 121 SEAPORT BOULEVARD, BOSTON MA 02210
Paul A Lacy	director	KRONOS INCORP, 297 BILLERICA RD, CHELMSFORD MA 01824
Lathan Corinna	director	140 KENDRICK STREET, NEEDHAM MA 02494
Blake D. Moret	director	C/O ROCKWELL AUTOMATION, INC., 1201 SOUTH SECOND STREET, MILWAUKEE WI 53204
Neil Barua	director, officer: CEO-Elect	C/O SERVICEMAX, INC., 4450 ROSEWOOD DRIVE #200, PLEASANTON CA 94588
Janesh Moorjani	director	C/O ELASTIC N.V., 800 WEST EL CAMINO REAL, SUITE 350, MOUNTAIN VIEW CA 94040
Michal Katz	director	42 ROCK SHELTER ROAD, WACCABUC NY 10597
James E Heppelmann	officer: EVP, Chief Product Officer	C/O PARAMETRIC TECHNOLOGY CORP, 140 KENDRICK ST., NEEDHAM MA 02494
Amarpreet Hanspal	director	AUTODESK, INC., 111 MCINNIS PARKWAY, SAN RAFAEL CA 94903
Phillip M Fernandez	director	C/O MARKETO, INC., 901 MARINER'S ISLAND BLVD., SUITE 500, SAN MATEO CA 94404
Mark D Benjamin	director	NUANCE COMMUNICATIONS, INC., 1 WAYSIDE ROAD, BURLINGTON MA 01803