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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. Agilent Technologies's Operating Income for the three months ended in Jan. 2025 was $376 Mil. Agilent Technologies's Interest Expense for the three months ended in Jan. 2025 was $-28 Mil. Agilent Technologies's interest coverage for the quarter that ended in Jan. 2025 was 13.43. The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Agilent Technologies's Interest Coverage or its related term are showing as below:
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
The historical data trend for Agilent Technologies'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.
Agilent Technologies Annual Data | |||||||||||||||||||||
Trend | Oct15 | Oct16 | Oct17 | Oct18 | Oct19 | Oct20 | Oct21 | Oct22 | Oct23 | Oct24 | |||||||||||
Interest Coverage | Get a 7-Day Free Trial |
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10.85 | 16.63 | 19.26 | 14.21 | 15.50 |
Agilent Technologies Quarterly Data | ||||||||||||||||||||
Apr20 | Jul20 | Oct20 | Jan21 | Apr21 | Jul21 | Oct21 | Jan22 | Apr22 | Jul22 | Oct22 | Jan23 | Apr23 | Jul23 | Oct23 | Jan24 | Apr24 | Jul24 | Oct24 | Jan25 | |
Interest Coverage | Get a 7-Day Free Trial |
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17.45 | 18.15 | 15.14 | 12.75 | 13.43 |
For the Diagnostics & Research subindustry, Agilent Technologies'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.
For the Medical Diagnostics & Research industry and Healthcare sector, Agilent Technologies's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Agilent Technologies's Interest Coverage falls into.
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.
Agilent Technologies's Interest Coverage for the fiscal year that ended in Oct. 2024 is calculated as
Here, for the fiscal year that ended in Oct. 2024, Agilent Technologies's Interest Expense was $-96 Mil. Its Operating Income was $1,488 Mil. And its Long-Term Debt & Capital Lease Obligation was $3,345 Mil.
Interest Coverage | = | -1 | * | Operating Income (A: Oct. 2024 ) | / | Interest Expense (A: Oct. 2024 ) |
= | -1 | * | 1488 | / | -96 | |
= | 15.50 |
Agilent Technologies's Interest Coverage for the quarter that ended in Jan. 2025 is calculated as
Here, for the three months ended in Jan. 2025, Agilent Technologies's Interest Expense was $-28 Mil. Its Operating Income was $376 Mil. And its Long-Term Debt & Capital Lease Obligation was $3,347 Mil.
Interest Coverage | = | -1 | * | Operating Income (Q: Jan. 2025 ) | / | Interest Expense (Q: Jan. 2025 ) |
= | -1 | * | 376 | / | -28 | |
= | 13.43 |
* 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.
Agilent Technologies (NYSE:A) 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 .
Thank you for viewing the detailed overview of Agilent Technologies's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.
Daniel K Podolsky | director | 5301 STEVENS CREEK BLVD., SANTA CLARA CA 95051 |
Rodney Gonsalves | officer: V.P., Corporate Controller | 5301 STEVENS CREEK BLVD., SANTA CLARA CA 95051 |
Sue H. Rataj | director | C/O CABOT CORPORATION, TWO SEAPORT LANE, SUITE 1300, BOSTON MA 02210 |
Padraig Mcdonnell | officer: Senior Vice President | 5301 STEVENS CREEK BLVD, SANTA CLARA CA 95051 |
Dominique Grau | officer: Senior Vice President | 5301 STEVENS CREEK BLVD., SANTA CLARA CA 95051 |
Philip Binns | officer: Senior Vice President | 5301 STEVENS CREEK BLVD., SANTA CLARA CA 95051 |
Michael R. Mcmullen | officer: CEO and President | 5301 STEVENS CREEK BLVD., MS 1A-LC, SANTA CLARA CA 95051 |
Heidi Fields | director | 5301 STEVENS CREEK BLVD, MS 1A-LC, SANTA CLARA CA 95051 |
Henrik Ancher-jensen | officer: Sr. Vice President | 5301 STEVENS CREEK BLVD., SANTA CLARA CA 95051 |
George A Scangos | director | C/O EXELIXIS INC, 170 HARBOR WAY, SAN FRANCISCO CA 94083 |
Otis W Brawley | director | 5203 BRISTOL INDUSTRIAL WAY, BUFORD GA 30518 |
Mikael Dolsten | director | 5 GIRALDA FARMS, MADISON NJ 07940 |
Mala Anand | director | C/O COTIVITI HOLDINGS, INC., 115 PERIMETER CENTER PLACE, SUITE 700, ATLANTA GA 30346 |
Dow R Wilson | director | VARIAN MEDICAL SYSTEMS INC, 3100 HANSEN WAY MAIL STOP E327, PALO ALTO CA 94304 |
Boon Hwee Koh | director | C/O AGILENT TECHNOLOGIES, 5301 STEVENS CREEK BLVD, MS 1A-LC, SANTA CLARA CA 95051 |
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