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Zynga (ZNGA) Interest Coverage : 4.84 (As of Mar. 2022)


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What is Zynga 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. Zynga's Operating Income for the three months ended in Mar. 2022 was $15 Mil. Zynga's Interest Expense for the three months ended in Mar. 2022 was $-3 Mil. Zynga's interest coverage for the quarter that ended in Mar. 2022 was 4.84. The higher the ratio, the stronger the company's financial strength is.

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

ZNGA' s Interest Coverage Range Over the Past 10 Years
Min: 2.07   Med: No Debt   Max: No Debt
Current: 2.9


ZNGA's Interest Coverage is not ranked
in the Interactive Media industry.
Industry Median: 36.06 vs ZNGA: 2.90

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Zynga Interest Coverage Historical Data

The historical data trend for Zynga'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.

Zynga Interest Coverage Chart

Zynga Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,169.27 22.67 - - 2.07

Zynga Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 - 5.09 3.68 - 4.84

Competitive Comparison of Zynga's Interest Coverage

For the Electronic Gaming & Multimedia subindustry, Zynga'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.


Zynga's Interest Coverage Distribution in the Interactive Media Industry

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

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



Zynga 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.

Zynga's Interest Coverage for the fiscal year that ended in Dec. 2021 is calculated as

Here, for the fiscal year that ended in Dec. 2021, Zynga's Interest Expense was $-59 Mil. Its Operating Income was $123 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,477 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2021 )/Interest Expense (A: Dec. 2021 )
=-1*122.6/-59.2
=2.07

Zynga's Interest Coverage for the quarter that ended in Mar. 2022 is calculated as

Here, for the three months ended in Mar. 2022, Zynga's Interest Expense was $-3 Mil. Its Operating Income was $15 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,674 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2022 )/Interest Expense (Q: Mar. 2022 )
=-1*15/-3.1
=4.84

* 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.


Zynga  (NAS:ZNGA) 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 .


Zynga Interest Coverage Related Terms

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


Zynga (ZNGA) Business Description

Traded in Other Exchanges
N/A
Address
699 Eighth Street, San Francisco, CA, USA, 94103
Zynga Inc is a company that develops, markets, and operates social games as live services played on mobile platforms, such as iOS and Android, and social networking sites, such as Facebook. Zynga generates revenue through mobile game downloads, in-games sales of virtual goods, and advertising services. Zynga's revenue is divided between Online game and Advertising and other, where Online game accounts for the vast majority of total revenue. The firm's top three games account for the majority of its online game revenue. The company invests in several game categories, such as Social Casino, including Zynga Poker; Casual, including Words With Friends; Action Strategy, including Empires & Allies; and Invest Express, including Farmville.
Executives
Ellen F Siminoff director 555 ELLIS STREET, MOUNTAIN VIEW CA 94043
Jeffrey Miles Ryan officer: Chief People Officer C/O ZYNGA INC. 699 8TH STREET SAN FRANCISCO CA 94103
James Gerard Griffin officer: Chief Financial Officer C/O ZYNGA INC. 699 8TH STREET SAN FRANCISCO CA 94103
Matthew S Bromberg officer: Chief Operating Officer C/O ZYNGA INC., 699 8TH STREET, SAN FRANCISCO CA 94103
Amy Marie Rawlings officer: Chief Accounting Officer C/O ZYNGA INC., 699 8TH STREET, SAN FRANCISCO CA 94103
Mark J Pincus director, 10 percent owner, officer: CEO, Chief Product Officer C/O ZYNGA INC., 699 EIGHTH STREET, SAN FRANCISCO CA 94103
Phuong Y. Phillips officer: Chief Legal Officer C/O ZYNGA INC. 699 8TH STREET SAN FRANCISCO CA 94103
Bernard Jin Kim officer: President of Publishing C/O MATCH GROUP, INC., 8750 N CENTRAL EXPRESSWAY, SUITE 1400, DALLAS TX 75231
Regina E Dugan director VARIAN MEDICAL SYSTEMS INC, 3100 HANSEN WAY MAIL STOP E327, PALO ALTO CA 94304
Frank D Gibeau director 699 8TH STREET, C/O ZYNGA INC., SAN FRANCISCO CA 94103
Jeffrey Buckley officer: Chief Accounting Officer C/O PALANTIR TECHNOLOGIES INC., 1200 17TH STREET, FLOOR 15, DENVER CO 80202
Noel Bertram Watson director 400 1ST AVENUE, C/O TRIPADVISOR, INC., NEEDHAM MA 02494
William B Gordon director, 10 percent owner
Devang Shah officer: General Counsel, Sec. and VP 699 8TH STREET, SAN FRANCISCO CA 94103
Carol Mills Baldwin director 600 TELEPHONE AVENUE, MS#65, ANCHORAGE AK 99503