GURUFOCUS.COM » STOCK LIST » Technology » Software » AVG Technologies NV (OTCPK:AVGTF) » Definitions » Interest Coverage

AVG Technologies NV (AVG Technologies NV) Interest Coverage : N/A (As of Jun. 2016)


View and export this data going back to 2012. Start your Free Trial

What is AVG Technologies NV 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. AVG Technologies NV's Operating Income for the three months ended in Jun. 2016 was $12.4 Mil. AVG Technologies NV's Interest Expense for the three months ended in Jun. 2016 was $0.0 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for AVG Technologies NV's Interest Coverage or its related term are showing as below:


AVGTF's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 29.37
* Ranked among companies with meaningful Interest Coverage only.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


AVG Technologies NV Interest Coverage Historical Data

The historical data trend for AVG Technologies NV's Interest Coverage 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.

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.

AVG Technologies NV Interest Coverage Chart

AVG Technologies NV Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Interest Coverage
Get a 7-Day Free Trial 4.13 3.80 30.54 24.40 5.46

AVG Technologies NV Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
Interest Coverage 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 N/A N/A N/A N/A N/A

Competitive Comparison of AVG Technologies NV's Interest Coverage

For the Software - Application subindustry, AVG Technologies NV'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.


AVG Technologies NV's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, AVG Technologies NV's Interest Coverage distribution charts can be found below:

* The bar in red indicates where AVG Technologies NV's Interest Coverage falls into.



AVG Technologies NV 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:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

AVG Technologies NV's Interest Coverage for the fiscal year that ended in Dec. 2015 is calculated as

Here, for the fiscal year that ended in Dec. 2015, AVG Technologies NV's Interest Expense was $-13.7 Mil. Its Operating Income was $74.9 Mil. And its Long-Term Debt & Capital Lease Obligation was $223.8 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2015 )/Interest Expense (A: Dec. 2015 )
=-1*74.934/-13.732
=5.46

AVG Technologies NV's Interest Coverage for the quarter that ended in Jun. 2016 is calculated as

Here, for the three months ended in Jun. 2016, AVG Technologies NV's Interest Expense was $0.0 Mil. Its Operating Income was $12.4 Mil. And its Long-Term Debt & Capital Lease Obligation was $216.3 Mil.

GuruFocus does not calculate AVG Technologies NV's interest coverage with the available data.

* 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.


AVG Technologies NV  (OTCPK:AVGTF) 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 .


AVG Technologies NV Interest Coverage Related Terms

Thank you for viewing the detailed overview of AVG Technologies NV's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


AVG Technologies NV (AVG Technologies NV) Business Description

Traded in Other Exchanges
N/A
Address
AVG Technologies N.V is functional in the software industry based in the Netherlands. The company designs products which allow the users of internet and computer systems a safe browsing and data management experience. Its product portfolio caters to the consumer and SMB markets across multiple devices and operating systems with Internet security, PC performance optimization, online backup, identity protection, family safety, mobile control and location services and dynamic secure search. AVG's suite of trademark products includes AVG Anti-Virus FREE, AVG Anti-Virus, AVG Web TuneUp, AVG Cleaner-Xperia and HideMyPhone, among others. The company's licenses derived through the consumer market, primarily in the United States are its major revenue drivers.
Executives
Ahmet H Okumus 10 percent owner C/O OKUMUS FUND MANAGEMENT LTD., 767 THIRD AVENUE, 35TH FLOOR, NEW YORK NY 10022
Okumus Fund Management Ltd. 10 percent owner 767 THIRD AVENUE, 35TH FLOOR, NEW YORK NY 10017
Okumus Opportunistic Value Fund Ltd. 10 percent owner CRAIGMUIR CHAMBERS, SUITE 71, ROAD TOWN, TORTOLA D8 VG 1110

AVG Technologies NV (AVG Technologies NV) Headlines

From GuruFocus

Will AVG's Sustain its Impressive Growth?

By AGInv AGInv 05-19-2015