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Bankrate (Bankrate) Interest Coverage

: 0 (At Loss) (As of Jun. 2017)
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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. Bankrate's Operating Income for the three months ended in Jun. 2017 was $-25.7 Mil. Bankrate's Interest Expense for the three months ended in Jun. 2017 was $-5.4 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 Bankrate's Interest Coverage or its related term are showing as below:


RATE's Interest Coverage is not ranked *
in the Interactive Media industry.
Industry Median: 35.915
* 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.


Bankrate Interest Coverage Historical Data

The historical data trend for Bankrate'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.

Bankrate Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Interest Coverage
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.27 1.74 1.73 2.21 -

Bankrate Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
Interest Coverage 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 Premium Member Only Premium Member Only Premium Member Only - 4.76 1.07 - -

Competitive Comparison

For the Internet Content & Information subindustry, Bankrate'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.


Bankrate Interest Coverage Distribution

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

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



Bankrate 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.

Bankrate's Interest Coverage for the fiscal year that ended in Dec. 2016 is calculated as

Here, for the fiscal year that ended in Dec. 2016, Bankrate's Interest Expense was $-19.7 Mil. Its Operating Income was $-6.0 Mil. And its Long-Term Debt & Capital Lease Obligation was $295.7 Mil.

Bankrate did not have earnings to cover the interest expense.

Bankrate's Interest Coverage for the quarter that ended in Jun. 2017 is calculated as

Here, for the three months ended in Jun. 2017, Bankrate's Interest Expense was $-5.4 Mil. Its Operating Income was $-25.7 Mil. And its Long-Term Debt & Capital Lease Obligation was $297.0 Mil.

Bankrate did not have earnings to cover the interest expense.

* 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.


Bankrate  (NYSE:RATE) 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 .


Bankrate Interest Coverage Related Terms

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


Bankrate (Bankrate) Business Description

Traded in Other Exchanges
N/A
Address
Bankrate Inc was founded in 1976 and Bankrate, Inc. was incorporated in the State of Delaware in 2011. The Company owns and operates an Internet-based consumer banking, personal finance and senior care online network. Its flagship websites include CreditCards.com, Bankrate.com, and Caring.com which provides information on more than 300 financial and senior care products and services, including credit cards, mortgages, deposits, and other personal finance categories. Additionally, it provide financial applications and information to a network of distribution partners and through national and state publications. It has three reportable segments including Credit cards, Banking, Senior Care and other.
Executives
Steven Barnhart officer: SVP, Chief Financial Officer 1 W. ONWENTSIA ROAD, LAKE FOREST IL 60045
Richard J Pinola director BANKRATE, INC., 11760 US HIGHWAY 1 SUITE 200, NORTH PALM BEACH FL 33408
Michael Joseph Kelly director C/O EYEBLASTER, INC., 135 WEST 18TH STREET, 5TH FLOOR, NEW YORK NY 10011
John F Megrue 10 percent owner C/O APAX PARTNERS, L.P., 601 LEXINGTON AVENUE, 53RD FLOOR, NEW YORK NY 10022
Thomas R Evans director, officer: President, CEO 11760 US HIGHWAY ONE, SUITE 200, NORTH PALM BEACH FL 33408
Apax Partners Europe Managers Ltd 10 percent owner 33 JERMYN STREET, LONDON X0 SW1Y 6DN
Mitch L Truwit director C/O APAX PARTNERS, L.P., 601 LEXINGTON AVENUE, 53RD FLOOR, NEW YORK NY 10022
Christian Robert Stahl director C/O APAX PARTNERS, L.P., 601 LEXINGTON AVENUE, 53RD FLOOR, NEW YORK NY 10022

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