What is Interactive Intelligence Group 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. Interactive Intelligence Group's
Operating Income
for the
three
months ended in Sep. 2016 was $-4.0 Mil. Interactive Intelligence Group's Interest Expense for the
three
months ended in Sep. 2016 was $-2.1 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 Interactive Intelligence Group's Interest Coverage or its related term are showing as below:
ININ's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 29.34 * Ranked among companies with meaningful Interest Coverage only.
* 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.
Interactive Intelligence Group Interest Coverage Chart
Competitive Comparison of Interactive Intelligence Group's Interest Coverage
For the Software - Application subindustry, Interactive Intelligence Group'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.
Interactive Intelligence Group's Interest Coverage Distribution in the Software Industry
For the Software industry and Technology sector, Interactive Intelligence Group's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Interactive Intelligence Group's Interest Coverage falls into.
Interactive Intelligence Group 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:
Interactive Intelligence Group 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.
Interactive Intelligence Group (NAS:ININ) 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 .
Interactive Intelligence Group Interest Coverage Related Terms
Thank you for viewing the detailed overview of Interactive Intelligence Group's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.
Interactive Intelligence Group (Interactive Intelligence Group) Business Description
Interactive Intelligence Group Inc was incorporated in Indiana in April 2011. The Company is a provider of software and services designed to improve the customer experience. It offers a suite of applications that provides customers with a multichannel communications platform that is delivered on-premises or through the cloud. Its software applications provide a range of pre-integrated inbound and outbound communications functionality. Its solutions are used by businesses and organizations in industries including teleservices, insurance, banking, accounts receivable management, utilities, healthcare, retail, technology, government and business services. Its solutions can be deployed via its cloud model using a data center, on-premises at the customer's site, as hybrid cloud/on-premises solutions, or as a managed service in which it manages the communications solution for the customer. The Company has different competitors, including inContact, Inc., Five9, Inc., and the Echopass solution, which was acquired by Genesys Telecommunications Laboratories, Inc. ("Genesys"). In the on-premises contact center market, its primary competitors are Avaya, Cisco, Microsoft, Mitel Networks Corp, and ShoreTel. Its registered trademark includes "Interactive Intelligence". The Company is subject to compliance with federal, state and local provisions.
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