F5 (FFIV) Interest Coverage

: N/A (As of Dec. 2023)

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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. F5's Operating Income for the three months ended in Dec. 2023 was $173 Mil. F5's Interest Expense for the three months ended in Dec. 2023 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. F5 Inc has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for F5's Interest Coverage or its related term are showing as below:

FFIV's Interest Coverage is not ranked ^*
in the Software industry.
Industry Median: 29.54
* 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.

F5 Interest Coverage Historical Data

The historical data trend for F5'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.

F5 Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Interest Coverage

No Debt

N/A

F5 Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Coverage																N/A	N/A	N/A	N/A	N/A

Competitive Comparison

For the Software - Infrastructure subindustry, F5'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.

F5 Interest Coverage Distribution

For the Software industry and Technology sector, F5's Interest Coverage distribution charts can be found below:

* The bar in red indicates where F5's Interest Coverage falls into.

F5 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.

F5's Interest Coverage for the fiscal year that ended in Sep. 2023 is calculated as

Here, for the fiscal year that ended in Sep. 2023, F5's Interest Expense was $0 Mil. Its Operating Income was $538 Mil. And its Long-Term Debt & Capital Lease Obligation was $240 Mil.

GuruFocus does not calculate F5's interest coverage with the available data.

F5's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, F5's Interest Expense was $0 Mil. Its Operating Income was $173 Mil. And its Long-Term Debt & Capital Lease Obligation was $235 Mil.

GuruFocus does not calculate F5's interest coverage with the available data.

The higher the ratio, the stronger the company's Financial Strength is.

F5 (NAS:FFIV) 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 .

F5 Interest Coverage Related Terms

Thank you for viewing the detailed overview of F5's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.

F5 (FFIV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » F5 Inc (NAS:FFIV) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

FFV:Germany FFV:Germany

Address

801 5th Avenue, Seattle, WA, USA, 98104

Website

https://www.f5.com

F5 is a market leader in the application delivery controller market. The company sells products for security, application performance, and automation. Its three customer verticals are enterprises, service providers, and government entities. Revenue is evenly split between its services business and products business with revenue trending toward products due to software adoption. The Seattle-based firm was incorporated in 1996, has about 6,500 employees, and generates about 55% its revenue within the Americas, 25% in EMEA, and 20% in APAC/Japan.

Executives

Francis J. Pelzer	officer: EVP, Chief Financial Officer	CONCUR TECHNOLOGIES, INC., 18400 NE UNION HILL RD., REDMOND WA 98052
Scot Frazier Rogers	officer: Interim General Counsel	C/O F5 NETWORKS, INC., 401 ELLIOTT AVE. WEST, SEATTLE WA 98119
Chad Michael Whalen	officer: EVP, Worldwide Sales	C/O F5 NETWORKS, INC., 401 ELLIOTT AVE. WEST, SEATTLE WA 98119
Alan Higginson	director
Francois Locoh-donou	director, officer: President, CEO & Director	C/O F5 NETWORKS, INC., 401 ELLIOTT AVE. W., SEATTLE WA 98119
Thomas Dean Fountain	officer: EVP and Chief Strategy Officer	C/O F5 NETWORKS, INC., 401 ELLIOTT AVE. WEST, SEATTLE WA 98119
Tami A. Erwin	director	1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Ana Maria White	officer: EVP and Chief HR Officer	C/O F5 NETWORKS, INC., 401 ELLIOTT AVE. WEST, SEATTLE WA 98119
Michael L Dreyer	director	C/O F5 NETWORKS, INC., 401 ELLIOTT AVE. WEST, SEATTLE WA 98119
Mika Yamamoto	officer: EVP, Chief Marketing Officer	21300 VICTORY BLVD.,, 12TH FLOOR, WOODLAND HILLS CA 91367
Geng Lin	officer: EVP, Chief Technology Officer	C/O F5 NETWORKS, INC., 401 ELLIOTT AVE. WEST, SEATTLE WA 98119
Marianne Budnik	director	C/O ACME PACKET, INC., 100 CROSBY DRIVE, BEDFORD MA 01730
Phillips James Malcolm Jr	director	C/O F5, INC., 801 FIFTH AVE., SEATTLE WA 98104
Michael F Montoya	director	C/O F5 NETWORKS, INC., 801 FIFTH AVE., SEATTLE WA 98104
Deborah L Bevier	director	PO BOX 91258, BELLEVUE WA 98009