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Axway Software (XPAR:AXW) Interest Expense : €-4.8 Mil (TTM As of Dec. 2023)


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What is Axway Software Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Axway Software's interest expense for the six months ended in Dec. 2023 was € -2.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-4.8 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. Axway Software's Operating Income for the six months ended in Dec. 2023 was € 31.8 Mil. Axway Software's Interest Expense for the six months ended in Dec. 2023 was € -2.7 Mil. Axway Software's Interest Coverage for the quarter that ended in Dec. 2023 was 11.94. 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.


Axway Software Interest Expense Historical Data

The historical data trend for Axway Software'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.

Axway Software Interest Expense Chart

Axway Software Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.80 -1.47 -1.37 -2.11 -4.79

Axway Software Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -0.66 -0.74 -1.37 -2.13 -2.66

Axway Software 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-4.8 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.


Axway Software  (XPAR:AXW) 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.

Axway Software's Interest Expense for the six months ended in Dec. 2023 was €-2.7 Mil. Its Operating Income for the six months ended in Dec. 2023 was €31.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €107.9 Mil.

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

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*31.803/-2.663
=11.94

* 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.


Axway Software (XPAR:AXW) Business Description

Traded in Other Exchanges
Address
16220 N Scottsdale Road, Suite 500, Scottsdale, AZ, USA, 85254
Axway Software is a France-based company involved in the Software Application division. The business activity of the group includes publishing, sale, distribution, installation and maintenance of software packages; design and development of software programme, the sale of IT systems and hardware, and provides related services, training, consultancy, and hosting. The company's core product, named AMPLIFY, is a cloud-enabled data integration and engagement platform, which enables businesses to manage the customer experience networks. Geographically, the business presence of the firm is seen across the region of Rest of Europe, Americas, France, and Asia Pacific region.

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