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Hill International (Hill International) Interest Coverage : 1.65 (As of Sep. 2022)


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What is Hill International 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. Hill International's Operating Income for the three months ended in Sep. 2022 was $3.6 Mil. Hill International's Interest Expense for the three months ended in Sep. 2022 was $-2.2 Mil. Hill International's interest coverage for the quarter that ended in Sep. 2022 was 1.65. The higher the ratio, the stronger the company's financial strength is.

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


HIL's Interest Coverage is not ranked *
in the Construction industry.
Industry Median: 7.1
* 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.


Hill International Interest Coverage Historical Data

The historical data trend for Hill International'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.

Hill International Interest Coverage Chart

Hill International 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 - - 2.95 1.89 1.86

Hill International Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 3.25 1.55 1.72 3.60 1.65

Competitive Comparison of Hill International's Interest Coverage

For the Engineering & Construction subindustry, Hill International'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.


Hill International's Interest Coverage Distribution in the Construction Industry

For the Construction industry and Industrials sector, Hill International's Interest Coverage distribution charts can be found below:

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



Hill International 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.

Hill International'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, Hill International's Interest Expense was $-5.4 Mil. Its Operating Income was $10.1 Mil. And its Long-Term Debt & Capital Lease Obligation was $48.4 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2021 )/Interest Expense (A: Dec. 2021 )
=-1*10.088/-5.431
=1.86

Hill International's Interest Coverage for the quarter that ended in Sep. 2022 is calculated as

Here, for the three months ended in Sep. 2022, Hill International's Interest Expense was $-2.2 Mil. Its Operating Income was $3.6 Mil. And its Long-Term Debt & Capital Lease Obligation was $45.2 Mil.

Interest Coverage=-1* Operating Income (Q: Sep. 2022 )/Interest Expense (Q: Sep. 2022 )
=-1*3.619/-2.199
=1.65

* 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.


Hill International  (NYSE:HIL) 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 .


Hill International Interest Coverage Related Terms

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


Hill International (Hill International) Business Description

Traded in Other Exchanges
N/A
Address
2005 Market Street, One Commerce Square, 17th Floor, Philadelphia, PA, USA, 19103
Hill International Inc provides project and construction management, and other consulting services for the buildings, transportation, environmental, energy, and industrial markets. The company offers program management, project management, construction management, project management oversight, troubled project turnaround, staff augmentation, project labor agreement consulting, commissioning, estimating and cost management, and labor compliance and facilities management services.
Executives
Grant G. Mccullagh director C/O HILL INTERNATIONAL, INC., 2005 MARKET STREET, 17TH FLOOR, PHILADELPHIA PA 19103
James B. Renacci director C/O HILL INTERNATIONAL, INC., 2005 MARKET ST, 17TH FLOOR, PHILADELPHIA PA 19103
Paul J. Evans director 1701 GOLF RD, SUITE 3-1012, ROLLING MEADOWS IL 60008
Susan M. Steele director C/O HILL INTERNATIONAL, INC., 2005 MARKET ST., 17TH FLOOR, PHILADELPHIA PA 19103
Todd E Weintraub officer: Chief Financial Officer C/O MACQUARIE INFRASTRUCTURE COMPANY, 125 WEST 55TH STREET, 22ND FLOOR, NEW YORK NY 10019
James M Chadwick director C/O IMPERIAL HOLDINGS, INC., 701 PARK OF COMMERCE BLVD., #301, BOCA RATON FL 33487
David Sgro 10 percent owner, other: See Explanation of Responses 777 THIRD AVENUE, 37TH FLOOR, NEW YORK NY 10017
Abdo Kardous officer: Reg President (Middle East) C/O HILL INTERNATIONAL, INC., 2005 MARKET ST, 17TH FLOOR, PHILADELPHIA PA 19103
Charles Levergood officer: SVP - Bus Dev (Americas) C/O HILL INTERNATIONAL, INC., 2005 MARKET STREET, 17TH FLOOR, PHILADELPHIA PA 19103
Michael V. Griffin officer: Reg President (Americas) C/O HILL INTERNATIONAL, INC., 2005 MARKET ST, 17TH FL, PHILADELPHIA PA 19103
Raouf S Ghali director, officer: Chief Executive Officer C/O HILL INTERNATIONAL, INC., 303 LIPPINCOTT CENTRE, MARLTON NJ 08053
William H Dengler officer: EVP and Chief Admin Officer C/O HILL INTERNATIONAL, INC., 303 LIPPINCOTT CENTRE, MARLTON NJ 08053
Arnaud Ajdler director, officer: CFO and Secretary ARPEGGIO ACQUISITION CORPORATION, 10 EAST 53RD STREET, 36TH FLOOR, NEW YORK NY 10022
Gregory T Wolf officer: Interim VP and Interim CFO 1701 GOLF RD, SUITE 3-1012, ROLLING MEADOWS IL 60008
Charles M Gillman director 1223 WILSHIRE BOULEVARD, OFFICE 648, SANTA MONICA CA 90402

Hill International (Hill International) Headlines

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