Synacor (Synacor) Interest Expense : $-0.19 Mil (TTM As of Dec. 2020)

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What is Synacor Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Synacor's interest expense for the three months ended in Dec. 2020 was $ -0.04 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2020 was $-0.19 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. Synacor's Operating Income for the three months ended in Dec. 2020 was $ 0.35 Mil. Synacor's Interest Expense for the three months ended in Dec. 2020 was $ -0.04 Mil. Synacor's Interest Coverage for the quarter that ended in Dec. 2020 was 8.14. 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.

Synacor Interest Expense Historical Data

The historical data trend for Synacor'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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Synacor Interest Expense Chart

Synacor Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Interest Expense

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-0.32

-0.43

-0.34

-0.27

-0.19

Synacor Quarterly Data
	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20
Interest Expense	Get a 7-Day Free Trial															-0.07	-0.06	-0.05	-0.04	-0.04

Synacor 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 Dec. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.19 Mil.

Synacor (NAS:SYNC) 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.

Synacor's Interest Expense for the three months ended in Dec. 2020 was $-0.04 Mil. Its Operating Income for the three months ended in Dec. 2020 was $0.35 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2020 was $2.53 Mil.

Synacor's Interest Coverage for the quarter that ended in Dec. 2020 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2020 )	/	Interest Expense (Q: Dec. 2020 )
	=	-1	*	0.35	/	-0.043
	=	8.14

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

Synacor (Synacor) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

40 La Riviere Drive, Suite 300, Buffalo, NY, USA, 14202

Website

http://www.synacor.com

Synacor Inc provides managed portals, advertising solutions, email and collaboration platforms, end-to-end video solutions and cloud-based identity management. Its customers include communications providers, media companies, government entities and enterprises. The company's operating segment includes Software and Services and Portal and Advertising. It generates maximum revenue from the Portal and Advertising segment. Geographically, it derives maximum revenue from the United States.

Executives

Marwan Fawaz	director	12405 POWERSCOURT DRIVE, SAINT LOUIS MO 63131
Elisabeth B Donohue	director	C/O SYNACOR, INC., 40 LA RIVIERE DRIVE, SUITE 300, BUFFALO NY 14202
Kevin Rendino	director	800 SCUDDERS MILL RD, PLAINSBORO NJ 08536
Andrew Kau	director	WALDEN INTERNATIONAL ONE CALIFORNIA STREET, 28TH FLOOR SAN FRANCISCO CA 94111
Michael J Montgomery	director	100 WILSHIRE BOULEVARD SUITE 400 SANTA MONICA CA 90401
Timothy J Heasley	officer: Chief Financial Officer	18 SANDPIPER COURT, ORCHARD PARK NY 14127
Steven M Davi	officer: EVP Technology	C O SEACHANGE INTERNATIONAL INC., 124 ACTON STREET, MAYNARD MA 01754
Himesh Bhise	director, officer: Chief Executive Officer	C/O SYNACOR, INC. 40 LA RIVIERE DRIVE BUFFALO NY 14202
Gary L Ginsberg	director	TIME WARNER INC., ONE TIME WARNER CENTER, NEW YORK NY 10019
Scott Murphy	director	C/O SYNACOR, INC. 40 LA RIVIERE DRIVE BUFFALO NY 14202
Jordan Levy	director	ONE HSBC CENTER SUITE 3850 BUFFALO NY 14203
William John Stuart	officer: Chief Financial Officer	AVICI SYSTEMS INC. 101 BILLERICA DRIVE NORTH BILLERICA MA 01862
Tz Holdings, Inc.	10 percent owner	C/O BELL NUNNALLY & MARTIN LLP 3232 MCKINNEY AVENUE, SUITE 1400 DALLAS TX 75204
George Chamoun	officer: President, Sales and Marketing	C/O SYNACOR, INC., 40 LA RIVIERE DRIVE, SUITE 300, BUFFALO NY 14202
Ronald N Frankel	director, officer: President &CEO	40 LARIVIERE DRIVE SUITE 300 BUFFALO NY 14202