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Verint Systems (STU:VTY) Interest Expense : €-9.5 Mil (TTM As of Jan. 2024)


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What is Verint Systems Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Verint Systems's interest expense for the three months ended in Jan. 2024 was € -2.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2024 was €-9.5 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. Verint Systems's Operating Income for the three months ended in Jan. 2024 was € 36.9 Mil. Verint Systems's Interest Expense for the three months ended in Jan. 2024 was € -2.1 Mil. Verint Systems's Interest Coverage for the quarter that ended in Jan. 2024 was 17.18. 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.


Verint Systems Interest Expense Historical Data

The historical data trend for Verint Systems'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.

Verint Systems Interest Expense Chart

Verint Systems Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -36.32 -32.68 -9.13 -7.31 -9.49

Verint Systems 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 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 -2.20 -2.54 -2.35 -2.47 -2.15

Verint Systems 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 €-9.5 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.


Verint Systems  (STU:VTY) 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.

Verint Systems's Interest Expense for the three months ended in Jan. 2024 was €-2.1 Mil. Its Operating Income for the three months ended in Jan. 2024 was €36.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2024 was €407.7 Mil.

Verint Systems'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*36.91/-2.148
=17.18

* 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.


Verint Systems (STU:VTY) Business Description

Traded in Other Exchanges
Address
175 Broadhollow Road, Suite 100, Melville, NY, USA, 11747
Verint Systems Inc with its subsidiaries helps brands provide Boundless Customer Engagement. The company's solutions help iconic brands close the gap created when it lacks the resources required to deliver experiences that fulfill customer expectations. The operating business segments are Customer Engagement. Geographically, it derives a majority of its revenue from the United States.

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