GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Inteliquent Inc (NAS:IQNT) » Definitions » Interest Coverage

Inteliquent (Inteliquent) Interest Coverage : 209.70 (As of Sep. 2016)


View and export this data going back to 2007. Start your Free Trial

What is Inteliquent 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. Inteliquent's Operating Income for the three months ended in Sep. 2016 was $14.5 Mil. Inteliquent's Interest Expense for the three months ended in Sep. 2016 was $-0.1 Mil. Inteliquent's interest coverage for the quarter that ended in Sep. 2016 was 209.70. The higher the ratio, the stronger the company's financial strength is.

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


IQNT's Interest Coverage is not ranked *
in the Telecommunication Services industry.
Industry Median: 4.61
* 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.


Inteliquent Interest Coverage Historical Data

The historical data trend for Inteliquent'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.

Inteliquent Interest Coverage Chart

Inteliquent Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt - No Debt 1,240.69 2,049.66

Inteliquent Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 No Debt 214.28 287.88 160.47 209.70

Competitive Comparison of Inteliquent's Interest Coverage

For the Telecom Services subindustry, Inteliquent'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.


Inteliquent's Interest Coverage Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Inteliquent's Interest Coverage distribution charts can be found below:

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



Inteliquent 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.

Inteliquent's Interest Coverage for the fiscal year that ended in Dec. 2015 is calculated as

Here, for the fiscal year that ended in Dec. 2015, Inteliquent's Interest Expense was $-0.0 Mil. Its Operating Income was $59.4 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.0 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2015 )/Interest Expense (A: Dec. 2015 )
=-1*59.44/-0.029
=2,049.66

Inteliquent's Interest Coverage for the quarter that ended in Sep. 2016 is calculated as

Here, for the three months ended in Sep. 2016, Inteliquent's Interest Expense was $-0.1 Mil. Its Operating Income was $14.5 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.0 Mil.

Interest Coverage=-1* Operating Income (Q: Sep. 2016 )/Interest Expense (Q: Sep. 2016 )
=-1*14.469/-0.069
=209.70

* 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.


Inteliquent  (NAS:IQNT) 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 .


Inteliquent Interest Coverage Related Terms

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


Inteliquent (Inteliquent) Business Description

Traded in Other Exchanges
N/A
Address
Inteliquent Inc was incorporated on April 19, 2001 in Delaware and commenced its operations in 2004. The Company provides voice telecommunications services on a wholesale basis. It offers telecommunication services using an all-IP network, which enables it to deliver connectivity for a variety of media, including voice, and historically data and video. The Company's solutions enable carriers and other providers to deliver voice traffic or other services where it does not own a network or elect not to use their own network. These solutions are sometimes called off-net services. The Company also provides its solutions to customers, such as over-the-top providers, who also typically do not have their own network. Its services include Local Transit Service, Long Distance Service, Switched Access Service, International Voice Service, Direct Inward Dialing Service, 8XX (Toll-Free) Service. Its customers include AT&T, Verizon, and T-Mobile. Its competitors are the traditional ILECs (AT&T, Verizon and CenturyLink), other competitive carriers that provide tandem or similar services (Level 3, Peerless Network, and Hypercube), and direct connections between carriers. It is subject to the jurisdiction of both federal and state regulatory agencies, which have the authority to review prices, terms and conditions of service.
Executives
Matthew Jr Carter director, officer: President and CEO 550 W ADAMS, STE 900, CHICAGO IL 60661
Lauren F Wright director C/O COMVERSE TECHNOLOGY, INC., 810 SEVENTH AVENUE, SUITE 3500, NEW YORK NY 10019
Kurt Abkemeier officer: Chief Financial Officer / EVP C/O PROGRESS SOFTWARE CORPORATION, 14 OAK PARK DRIVE, BEDFORD MA 01730
Peter J Barris director 1119 ST PAUL STREET, BALTIMORE MD 21202
C Richard Kramlich 10 percent owner 1954 GREENSPRING DRIVE, SUITE 600, TIMONIUM MD 21093
New Enterprise Associates 10 L P 10 percent owner
Nea Partners 10 L P 10 percent owner 1119 ST PAUL STREET, BALTIMORE MD 21202
Scott D Sandell 10 percent owner
M James Barrett 10 percent owner 1119 ST PAUL STREET, BALTIMORE MD 21202
Newhall Charles W Iii 10 percent owner 1119 ST PAUL ST, BALTIMORE MD 21202
Mark W Perry 10 percent owner
Trainor Iii Eugene A 10 percent owner NEW ENTERPRISE ASSOCIATES, 1119 ST PAUL STREET, BALTIMORE MD 21202

Inteliquent (Inteliquent) Headlines

From GuruFocus

Inteliquent: Special Dividend Creates Net-Net Illusion

By Mark Lin Mark Lin 11-15-2012

6 Stocks Meeting Benjamin Graham's Enterprising Criteria In 2013

By GrahamValue.com SerenityStocks 03-27-2013