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Xilinx Inc (NAS:XLNX)
Interest Coverage
0.00 (As of Mar. 2015)

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. Xilinx Inc's Operating Income for the three months ended in Mar. 2015 was $159 Mil. Xilinx Inc's Interest Expense for the three months ended in Mar. 2015 was $0 Mil. Xilinx Inc's interest coverage for the quarter that ended in Mar. 2015 was 0.00. The higher the ratio, the stronger the company’s financial strength is.

XLNX' s 10-Year Interest Coverage Range
Min: 10.55   Max: 9999.99
Current: 0

10.55
9999.99

During the past 13 years, the highest interest coverage of Xilinx Inc was 9999.99. The lowest was 10.55. And the median was 15.95.

XLNX's Interest Coverageis ranked lower than
121% of the 744 Companies
in the Global Semiconductors industry.

( Industry Median: 270.86 vs. XLNX: 0.00 )

Definition

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 is 0, then

The company had no debt.

Xilinx Inc's Interest Coverage for the fiscal year that ended in Mar. 2015 is calculated as

Here, for the fiscal year that ended in Mar. 2015, Xilinx Inc's Interest Expense was $0 Mil. Its Operating Income was $755 Mil. And its Long-Term Debt was $995 Mil.

Xilinx Inc had no debt.

Xilinx Inc's Interest Coverage for the quarter that ended in Mar. 2015 is calculated as

Here, for the three months ended in Mar. 2015, Xilinx Inc's Interest Expense was $0 Mil. Its Operating Income was $159 Mil. And its Long-Term Debt was $995 Mil.

Xilinx Inc had no debt.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

The higher the ratio, the stronger the company’s financial strength is.


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.


Related Terms

Operating Income, Interest Expense, Financial Strength


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Xilinx Inc Annual Data

Mar06Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14Mar15
interest_coverage No DebtAt Loss13.2612.8116.6317.7911.5010.5513.86At Loss

Xilinx Inc Quarterly Data

Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15
interest_coverage 8.9410.8813.9212.5514.4314.4914.8914.4513.71At Loss
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