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Box (BOX) Interest Coverage : N/A (As of Jan. 2024)


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What is Box 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. Box's Operating Income for the three months ended in Jan. 2024 was $21 Mil. Box's Interest Expense for the three months ended in Jan. 2024 was $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 Box's Interest Coverage or its related term are showing as below:


BOX's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 29.35
* 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.


Box Interest Coverage Historical Data

The historical data trend for Box'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.

Box Interest Coverage Chart

Box Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 15.14 N/A

Box Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 Box's Interest Coverage

For the Software - Infrastructure subindustry, Box'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.


Box's Interest Coverage Distribution in the Software Industry

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

* The bar in red indicates where Box's Interest Coverage falls into.



Box 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.

Box's Interest Coverage for the fiscal year that ended in Jan. 2024 is calculated as

Here, for the fiscal year that ended in Jan. 2024, Box's Interest Expense was $0 Mil. Its Operating Income was $51 Mil. And its Long-Term Debt & Capital Lease Obligation was $465 Mil.

GuruFocus does not calculate Box's interest coverage with the available data.

Box's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

Here, for the three months ended in Jan. 2024, Box's Interest Expense was $0 Mil. Its Operating Income was $21 Mil. And its Long-Term Debt & Capital Lease Obligation was $465 Mil.

GuruFocus does not calculate Box'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.


Box  (NYSE:BOX) 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 .


Box Interest Coverage Related Terms

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


Box (BOX) Business Description

Traded in Other Exchanges
Address
900 Jefferson Avenue, Redwood City, CA, USA, 94063
Box is a cloud-based content services platform that provides cloud-based storage and workflow collaboration services for enterprise customers. The firm was founded in 2005 as a file-sync and sharing provider. More recently, however, the company has focused on bolstering its product portfolio by adding tools such as governance and e-signature to enhance workflow management and collaboration.
Executives
Dylan C Smith director, 10 percent owner, officer: Chief Financial Officer C/O BOX INC, 4440 EL CAMINO REAL, LOS ALTOS CA 94022
Eli Berkovitch officer: VP Chief Acct Ofr & Controller 900 JEFFERSON AVE, REDWOOD CITY CA 94063
Aaron Levie director, 10 percent owner, officer: Chief Executive Officer C/O BOX INC, 4440 EL CAMINO, LOS ALTOS CA 94022
Jack R Lazar director 400 W. CESAR CHAVEZ, ATTN: STOCK ADMINISTRATION, AUSTIN TX 78701
Dana L Evan director 550 EAST TIMPANOGOS CIRCLE, *, OREM UT 84097
Daniel J Levin director, 10 percent owner, officer: President & COO 4440 EL CAMINO REAL, LOS ALTOS CA 94022
Amit Walia director 2100 SEAPORT BLVD., REDWOOD CITY CA 94063
Kimberly Hammonds director 100 EAST DAVIE STREET, RALEIGH NC 27601
John Ihn Park director C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 9 WEST 57TH STREET, NEW YORK NY 10019
Jeff Mannie officer: VP Controller & Chief Acct Ofr C/O BOX INC, 4440 EL CAMINO REAL, LOS ALTOS CA 94022
Carl Bass director C/O AUTODESK INC, 111 MELNNIS PARKWAY, SAN RAFAEL CA 94903
Bethany Mayer director C/O IXIA, 26601 W. AGOURA ROAD, CALABASAS CA 91302
Peter Leav director 7 WORLD TRADE CENTER, 250 GREENWICH STREET, NEW YORK NY 10007
Josh Stein director C/O DRAPER FISHER JURVETSON, 2882 SAND HILL ROAD SUITE 150, MENLO PARK CA 94025
Rory O'driscoll director, 10 percent owner 950 TOWER LANE, SUITE 700, FOSTER CITY CA 94404