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VTUS (Virgin Trains USA) Interest Coverage : N/A (As of Sep. 2018)


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What is Virgin Trains USA 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. Virgin Trains USA's Operating Income for the three months ended in Sep. 2018 was $0.00 Mil. Virgin Trains USA's Interest Expense for the three months ended in Sep. 2018 was $0.00 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

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


VTUS's Interest Coverage is not ranked *
in the Transportation industry.
Industry Median: 6.08
* 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.


Virgin Trains USA Interest Coverage Historical Data

The historical data trend for Virgin Trains USA'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.

Virgin Trains USA Interest Coverage Chart

Virgin Trains USA Annual Data
Trend Dec16 Dec17
Interest Coverage
N/A N/A

Virgin Trains USA Quarterly Data
Dec16 Dec17 Sep18
Interest Coverage N/A N/A N/A

Competitive Comparison of Virgin Trains USA's Interest Coverage

For the Railroads subindustry, Virgin Trains USA'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.


Virgin Trains USA's Interest Coverage Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Virgin Trains USA's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Virgin Trains USA's Interest Coverage falls into.


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Virgin Trains USA 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.

Virgin Trains USA's Interest Coverage for the fiscal year that ended in Dec. 2017 is calculated as

Here, for the fiscal year that ended in Dec. 2017, Virgin Trains USA's Interest Expense was $0.00 Mil. Its Operating Income was $-44.40 Mil. And its Long-Term Debt & Capital Lease Obligation was $581.25 Mil.

GuruFocus does not calculate Virgin Trains USA's interest coverage with the available data.

Virgin Trains USA's Interest Coverage for the quarter that ended in Sep. 2018 is calculated as

Here, for the three months ended in Sep. 2018, Virgin Trains USA's Interest Expense was $0.00 Mil. Its Operating Income was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was $605.45 Mil.

GuruFocus does not calculate Virgin Trains USA's interest coverage with the available data.

* 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.


Virgin Trains USA  (NAS:VTUS) 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 .


Virgin Trains USA Interest Coverage Related Terms

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Virgin Trains USA Business Description

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