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NPACY (Quadient) Interest Coverage : 2.74 (As of Jul. 2024)


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What is Quadient 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. Quadient's Operating Income for the six months ended in Jul. 2024 was $62 Mil. Quadient's Interest Expense for the six months ended in Jul. 2024 was $-23 Mil. Quadient's interest coverage for the quarter that ended in Jul. 2024 was 2.74. The higher the ratio, the stronger the company's financial strength is.

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

NPACY' s Interest Coverage Range Over the Past 10 Years
Min: 3.62   Med: 5.47   Max: 6.7
Current: 3.62


NPACY's Interest Coverage is ranked worse than
82.69% of 1618 companies
in the Software industry
Industry Median: 27.82 vs NPACY: 3.62

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


Quadient Interest Coverage Historical Data

The historical data trend for Quadient'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.

Quadient Interest Coverage Chart

Quadient Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.35 4.16 5.48 5.45 4.46

Quadient Semi-Annual Data
Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24
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 4.74 6.15 4.31 4.58 2.74

Competitive Comparison of Quadient's Interest Coverage

For the Software - Application subindustry, Quadient'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.


Quadient's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, Quadient's Interest Coverage distribution charts can be found below:

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



Quadient 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.

Quadient's Interest Coverage for the fiscal year that ended in Jan. 2024 is calculated as

Here, for the fiscal year that ended in Jan. 2024, Quadient's Interest Expense was $-38 Mil. Its Operating Income was $169 Mil. And its Long-Term Debt & Capital Lease Obligation was $800 Mil.

Interest Coverage=-1* Operating Income (A: Jan. 2024 )/Interest Expense (A: Jan. 2024 )
=-1*169.39/-38.017
=4.46

Quadient's Interest Coverage for the quarter that ended in Jul. 2024 is calculated as

Here, for the six months ended in Jul. 2024, Quadient's Interest Expense was $-23 Mil. Its Operating Income was $62 Mil. And its Long-Term Debt & Capital Lease Obligation was $623 Mil.

Interest Coverage=-1* Operating Income (Q: Jul. 2024 )/Interest Expense (Q: Jul. 2024 )
=-1*62.473/-22.777
=2.74

* 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.


Quadient  (OTCPK:NPACY) 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 .


Quadient Interest Coverage Related Terms

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


Quadient Business Description

Traded in Other Exchanges
Address
42-46, Avenue Aristide Briand, Bagneux, FRA, 92220
Quadient SA is a France-based company engaged in providing business services to its clients. three reportable segments compose its solutions: mail-related solutions, Intelligent Communication Automation, and parcel locker solutions. The company provides solutions to various industries including financial services, insurance, and print providers, among others. Over half of the company's revenue is from the North American market and about one-third from the main European countries. Mail-related solutions account for the majority of Quadient's revenue.

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