InnerWorkings (InnerWorkings) Interest Coverage

: 0 (At Loss) (As of Jun. 2020)

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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. InnerWorkings's Operating Income for the three months ended in Jun. 2020 was $-0 Mil. InnerWorkings's Interest Expense for the three months ended in Jun. 2020 was $-3 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 InnerWorkings's Interest Coverage or its related term are showing as below:

INWK's Interest Coverage is not ranked ^*
in the Media - Diversified industry.
Industry Median: 11.94
* 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.

InnerWorkings Interest Coverage Historical Data

The historical data trend for InnerWorkings'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.

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InnerWorkings Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Interest Coverage

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5.49

8.42

7.24

0.30

1.91

InnerWorkings Quarterly Data
	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20
Interest Coverage	Get a 7-Day Free Trial															3.12	1.17	2.64	1.92	-

Competitive Comparison

For the Advertising Agencies subindustry, InnerWorkings'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.

InnerWorkings Interest Coverage Distribution

For the Media - Diversified industry and Communication Services sector, InnerWorkings's Interest Coverage distribution charts can be found below:

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

InnerWorkings 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.

InnerWorkings's Interest Coverage for the fiscal year that ended in Dec. 2019 is calculated as

Here, for the fiscal year that ended in Dec. 2019, InnerWorkings's Interest Expense was $-14 Mil. Its Operating Income was $27 Mil. And its Long-Term Debt & Capital Lease Obligation was $195 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2019 )	/	Interest Expense (A: Dec. 2019 )
	=	-1	*	26.96	/	-14.097
	=	1.91

InnerWorkings's Interest Coverage for the quarter that ended in Jun. 2020 is calculated as

Here, for the three months ended in Jun. 2020, InnerWorkings's Interest Expense was $-3 Mil. Its Operating Income was $-0 Mil. And its Long-Term Debt & Capital Lease Obligation was $163 Mil.

InnerWorkings did not have earnings to cover the interest expense.

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

InnerWorkings (NAS:INWK) 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 .

InnerWorkings Interest Coverage Related Terms

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

InnerWorkings (InnerWorkings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » InnerWorkings Inc (NAS:INWK) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

203 North LaSalle Street, Suite 1800, Chicago, IL, USA, 60601

Website

http://www.inwk.com

InnerWorkings Inc is a marketing supply-chain company that provides marketing solutions, such as advertising materials, branded merchandise, product packaging, and retail displays. The company has three geographical reportable segments namely North America, EMEA, and LATAM. It generates maximum revenue from North America segment. The company operates a software platform called VALO that enables customers to a source, produce, monitor, and analyze their marketing plan with the company.

Executives

Richard S Stoddart	director, officer: President and CEO	C/O HASBRO, INC., 1011 NEWPORT AVENUE, PAWTUCKET RI 02861
Adan Pope	officer: Chief Technology Officer	203 NORTH LASALLE CHICAGO IL 60601
Renae Chorzempa	officer: Chief Human Resources Officer	C/O INNERWORKINGS, INC. 600 WEST CHICAGO AVENUE CHICAGO IL 60654
Oren B. Azar	officer: EVP and General Counsel	600 WEST CHICAGO AVE #850 CHICAGO IL 60654
Marc Zenner	director	1000 LOUISIANA STREET, SUITE 3850, HOUSTON TX 77002
Ronald Provenzano	officer: Head of Operations	C/O INNERWORKINGS, INC. 600 W. CHICAGO AVE. #850 CHICAGO IL 60654
Lindsay Y Corby	director	180 NORTH LASALLE STREET, SUITE 300, CHICAGO IL 60601
Charles K Bobrinskoy	director	C/O INNERWORKINGS, INC., 600 WEST CHICAGO AVENUE, SUITE 850, CHICAGO IL 60654
Donald W Pearson	officer: Executive VP and CFO	425 N. MARTINGALE ROAD SUITE 2050 SCHAUMBURG IL 60173-2213
John Bosshart	officer: Chief Accounting Officer	500 W. MADISON STREET, #1000, CHICAGO IL 60661
David Fisher	director	39 SOUTH LASALLE STREET, SUITE 220, CHICAGO IL 60605
Julie Howard	director	MANPOWERGROUP INC., 100 MANPOWER PLACE, MILWAUKEE WI 53212
Adam J Gutstein	director	875 N. MICHIGAN AVE. STE 3000 CHICAGO IL 60611
Jack M Greenberg	director	333 WEST WACKER DR, CHICAGO IL 60606
Kirt P Karros	director	12400 HIGH BLUFF DR. SUITE 600, SAN DIEGO CA 92130