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Infoblox (Infoblox) Interest Coverage : No Debt (1) (As of Jul. 2016)


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What is Infoblox 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. Infoblox's Operating Income for the three months ended in Jul. 2016 was $-10.6 Mil. Infoblox's Interest Expense for the three months ended in Jul. 2016 was $0.0 Mil. Infoblox has no debt. The higher the ratio, the stronger the company's financial strength is.

(1) 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.

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


BLOX's Interest Coverage is not ranked *
in the Hardware industry.
Industry Median: 12.55
* 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.


Infoblox Interest Coverage Historical Data

The historical data trend for Infoblox'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.

Infoblox Interest Coverage Chart

Infoblox Annual Data
Trend Jul10 Jul11 Jul12 Jul13 Jul14 Jul15 Jul16
Interest Coverage
Get a 7-Day Free Trial No Debt No Debt No Debt No Debt No Debt

Infoblox Quarterly Data
Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16
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 No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Infoblox's Interest Coverage

For the Communication Equipment subindustry, Infoblox'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.


Infoblox's Interest Coverage Distribution in the Hardware Industry

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

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



Infoblox 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.

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

Here, for the fiscal year that ended in Jul. 2016, Infoblox's Interest Expense was $0.0 Mil. Its Operating Income was $-16.8 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.0 Mil.

Infoblox had no debt (1).

Infoblox's Interest Coverage for the quarter that ended in Jul. 2016 is calculated as

Here, for the three months ended in Jul. 2016, Infoblox's Interest Expense was $0.0 Mil. Its Operating Income was $-10.6 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.0 Mil.

Infoblox had no debt (1).

* 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.


Infoblox  (NYSE:BLOX) 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 .


Infoblox Interest Coverage Related Terms

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


Infoblox (Infoblox) Business Description

Traded in Other Exchanges
N/A
Address
Infoblox Inc incorporated in Illinois in February 1999 and reincorporated in Delaware in May 2003. The Company together with its subsidiaries, provides automated network control services and DNS security through appliance-based solution that enables dynamic networks and next-generation data centers. It offers integrated solutions that enable information technology, or IT, organizations to automate tasks and control critical functions in their networks. These functions include delivering critical network protocol services such as DNS, dynamic host configuration protocol, or DHCP, IP Address Management, or IPAM; Network Change and Configuration Management, and network infrastructure security. As of July 31, 2015, it has approximately 56 patents issued in the United States, or U.S., and 7 patents issued in foreign jurisdictions.
Executives
Philip Fasano director 3111 CORONADO DRIVE, C/O INFOBLOX INC., SANTA CLARA CA 95054
Richard Belluzzo director C/O QUANTUM CORP, 501 SYCAORE DR, MILPITAS CA 95035
Laura Conigliaro director ONE DELL WAY, ROUND ROCK TX 78682
Janesh Moorjani officer: EVP & CFO C/O ELASTIC N.V., 800 WEST EL CAMINO REAL, SUITE 350, MOUNTAIN VIEW CA 94040
Michael L Goguen director C/O SEQUOIA CAPITAL, 2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025
Sohail M. Parekh officer: Exec VP, Engineering 4750 PATRICK HENRY DRIVE SANTA CLARA CA 95054
Remo Canessa officer: Chief Financial Officer C/O ZSCALER, INC., 110 ROSE ORCHARD WAY, SAN JOSE CA 95134
Frank Marshall director 3975 FREEDOM CIRCLE, C/O PMC SIERRA INC, SANTA CLARA CA 95054
Sequoia Capital Franchise Fund Lp 10 percent owner C/O SEQUOIA CAPITAL, 2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025
Sequoia Capital Franchise Partners Lp 10 percent owner C/O SEQUOIA CAPITAL, 2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025
Capital Ix Sequoia 10 percent owner C/O SEQUOIA CAPITAL, 2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025
Scff Management Llc 10 percent owner C/O SEQUOIA CAPITAL, 2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025
Sequoia Capital Enterpreneurs Annex Fund 10 percent owner 2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025
Sc Ix.i Management, Llc 10 percent owner 2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025
Mark Stephen Smith officer: Exec VP, Worldwide Field Ops C/O ARISTA NETWORKS, INC., 5453 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054

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