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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 companys Operating Income (EBIT) by its Interest Expense. Matador Resources Co's Operating Income for the three months ended in Sep. 2015 was $-269.1 Mil. Matador Resources Co's Interest Expense for the three months ended in Sep. 2015 was $-7.2 Mil. Matador Resources Co's interest coverage for the quarter that ended in Sep. 2015 was 0.00. The higher the ratio, the stronger the companys financial strength is.
During the past 6 years, the highest interest coverage of Matador Resources Co was 9999.99. The lowest was 10.63. And the median was 1643.63.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a companys Operating Income (EBIT) by its Interest Expense:
|The company did not have earnings to cover the interest expense.|
|The company had no debt.|
Matador Resources Co's Interest Coverage for the fiscal year that ended in Dec. 2014 is calculated as
|Interest Coverage||=||-1||*||Operating Income (A: Dec. 2014 )||/||Interest Expense (A: Dec. 2014 )|
Matador Resources Co's Interest Coverage for the quarter that ended in Sep. 2015 is calculated as
|Matador Resources Co did not have earnings to cover the interest expense.|
The higher the ratio, the stronger the companys financial strength is.
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 companys overage financial strength.
Matador Resources Co Annual Data
|interest_coverage||At Loss||At Loss||At Loss||At Loss||No Debt||3,253.67||At Loss||At Loss||10.63||33.58|
Matador Resources Co Quarterly Data
|interest_coverage||16.72||12.09||30.15||19.53||18.61||69.14||45.64||At Loss||At Loss||At Loss|
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