Electronics for Imaging (Electronics for Imaging) Interest Coverage

: 0 (At Loss) (As of Mar. 2019)

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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. Electronics for Imaging's Operating Income for the three months ended in Mar. 2019 was $-10.7 Mil. Electronics for Imaging's Interest Expense for the three months ended in Mar. 2019 was $-6.9 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 Electronics for Imaging's Interest Coverage or its related term are showing as below:

EFII's Interest Coverage is not ranked ^*
in the Hardware industry.
Industry Median: 12.72
* 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.

Electronics for Imaging Interest Coverage Historical Data

The historical data trend for Electronics for Imaging'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.

Electronics for Imaging Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Interest Coverage

10.24

3.48

3.53

1.80

1.65

Electronics for Imaging Quarterly Data
	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19
Interest Coverage																0.52	3.34	1.02	1.68	-

Competitive Comparison

For the Computer Hardware subindustry, Electronics for Imaging'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.

Electronics for Imaging Interest Coverage Distribution

For the Hardware industry and Technology sector, Electronics for Imaging's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Electronics for Imaging's Interest Coverage falls into.

Electronics for Imaging 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.

Electronics for Imaging's Interest Coverage for the fiscal year that ended in Dec. 2018 is calculated as

Here, for the fiscal year that ended in Dec. 2018, Electronics for Imaging's Interest Expense was $-20.2 Mil. Its Operating Income was $33.3 Mil. And its Long-Term Debt & Capital Lease Obligation was $118.7 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2018 )	/	Interest Expense (A: Dec. 2018 )
	=	-1	*	33.267	/	-20.169
	=	1.65

Electronics for Imaging's Interest Coverage for the quarter that ended in Mar. 2019 is calculated as

Here, for the three months ended in Mar. 2019, Electronics for Imaging's Interest Expense was $-6.9 Mil. Its Operating Income was $-10.7 Mil. And its Long-Term Debt & Capital Lease Obligation was $120.0 Mil.

Electronics for Imaging did not have earnings to cover the interest expense.

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

Electronics for Imaging (NAS:EFII) 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 .

Electronics for Imaging Interest Coverage Related Terms

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Electronics for Imaging (Electronics for Imaging) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Electronics for Imaging Inc (NAS:EFII) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

6750 Dumbarton Circle, Fremont, CA, USA, 94555

Website

https://www.efi.com

Electronics for Imaging provides digital printing services to printer manufacturers, commercial photo labs, sign shops, and billboard graphics providers. The firm operates in three segments: industrial inkjet, which provides eponymous printers to markets undergoing conversion of production from analog to digital; productivity software, which provides products to manage and streamline printing operations; and Fiery, which provides digital front ends to transform printers into networked devices for commercial and industrial use. Roughly half of the firm's revenue is generated in the United States, with the rest coming from Europe, Middle East, and Africa, and Asia-Pacific.

Executives

Dan Maydan	director
Eric F Brown	director	C/O POLYCOM, INC., 4750 WILLOW ROAD, PLEASANTON CA 94588
Thomas Georgens	director	495 EAST JAVA DRIVE, SUNNYVALE X1 94089
Janice Chaffin	director	SYMANTEC CORPORATION, 20330 STEVENS CREEK BLVD., CUPERTINO CA 95014
Muir William D Jr	director, officer: CHIEF EXECUTIVE OFFICER	10560 DR. MARTIN LUTHER KING JR. ST. N., ST. PETERSBURG FL 33716
Richard A Kashnow	director	313 CONSTITUTION DR, STE 100, MENLO PARK CA 94025
Guy Gecht	director
Vincent Pilette	officer: Chief Financial Officer	303 VELOCITY WAY, FOSTER CITY CA 94404
John Ritchie	officer: Chief Financial Officer	303 VELOCITY WAY, FOSTER CITY X1 94404
James S Greene	director
Blum Strategic Gp Iv, L.l.c.	10 percent owner	909 MONTOGOMERY STREET, SUITE 400, SAN FRANCISCO CA 94133
Saddlepoint Partners Gp, L.l.c.	10 percent owner	909 MONTGOMERY STREET, SUITE 400, SAN FRANCISCO CA 94133
Blum Strategic Gp Iii, L.l.c.	10 percent owner	909 MONTGOMERY STREET, SUITE 400, SAN FRANCISCO CA 94133
Blum Capital Partners Lp	10 percent owner	909 MONTGOMERY STREET, SUITE 400, SAN FRANCISCO CA 94133
Richard C Blum & Associates Inc	10 percent owner	909 MONTGOMERY STREET, SUITE 400, SAN FRANCISCO CA 94133