Dupont Fabros Technology (Dupont Fabros Technology) Interest Coverage : 4.02 (As of Jun. 2017)

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What is Dupont Fabros Technology 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. Dupont Fabros Technology's Operating Income for the three months ended in Jun. 2017 was $50.55 Mil. Dupont Fabros Technology's Interest Expense for the three months ended in Jun. 2017 was $-12.59 Mil. Dupont Fabros Technology's interest coverage for the quarter that ended in Jun. 2017 was 4.02. The higher the ratio, the stronger the company's financial strength is.

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

DFTPRACL.PFD' s Interest Coverage Range Over the Past 10 Years
Min: 0.91 Med: 2.9 Max: 4.45
Current: 4.24

DFTPRACL.PFD's Interest Coverage is not ranked
in the REITs industry.
Industry Median: 2.98 vs DFTPRACL.PFD: 4.24

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

Dupont Fabros Technology Interest Coverage Historical Data

The historical data trend for Dupont Fabros Technology'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.

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Dupont Fabros Technology Interest Coverage Chart

Dupont Fabros Technology Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Interest Coverage

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2.18

2.90

4.45

0.91

4.07

Dupont Fabros Technology Quarterly Data
	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17
Interest Coverage	Get a 7-Day Free Trial															4.00	4.04	4.28	4.60	4.02

Competitive Comparison of Dupont Fabros Technology's Interest Coverage

For the REIT - Office subindustry, Dupont Fabros Technology'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.

Dupont Fabros Technology's Interest Coverage Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Dupont Fabros Technology's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Dupont Fabros Technology's Interest Coverage falls into.

Dupont Fabros Technology 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.

Dupont Fabros Technology's Interest Coverage for the fiscal year that ended in Dec. 2016 is calculated as

Here, for the fiscal year that ended in Dec. 2016, Dupont Fabros Technology's Interest Expense was $-52.01 Mil. Its Operating Income was $211.85 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,197.09 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2016 )	/	Interest Expense (A: Dec. 2016 )
	=	-1	*	211.852	/	-52.006
	=	4.07

Dupont Fabros Technology's Interest Coverage for the quarter that ended in Jun. 2017 is calculated as

Here, for the three months ended in Jun. 2017, Dupont Fabros Technology's Interest Expense was $-12.59 Mil. Its Operating Income was $50.55 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,194.78 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2017 )	/	Interest Expense (Q: Jun. 2017 )
	=	-1	*	50.55	/	-12.587
	=	4.02

The higher the ratio, the stronger the company's Financial Strength is.

Dupont Fabros Technology (NYSE:DFTPRACL.PFD) 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 .

Dupont Fabros Technology Interest Coverage Related Terms

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

Dupont Fabros Technology (Dupont Fabros Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Dupont Fabros Technology Inc (NYSE:DFTPRACL.PFD) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.dft.com

Dupont Fabros Technology, or DFT, is a real estate investment trust engaged in the design and operation of multitenant, wholesale data centers in metropolitan areas across the United States. The company provides the space and infrastructure, such as electrical power, security, and fire suppression services for customers to operate their servers and computing equipment. Its real estate portfolio is composed of large data centers located in the Northern Virginia, Chicago, Greater New York City, and Santa Clara, California areas. DFT derives the majority of its income in the form of rental revenue from tenants in short- to medium-term lease agreements. The company's major customers are technology companies, including Microsoft, Facebook, and Yahoo, which account for most of its revenue.

Executives

Brian D Doricko	officer: SVP, Chief Revenue Officer	1212 NEW YORK AVENUE,NW,SUITE 900, WASHINGTON DC 20005
Mary M Styer	director	1212 NEW YORK AVENUE, NW, SUITE 900, WASHINGTON DC 20005
Scott A Davis	officer: EVP, Operations	401 9TH STREET, NW #600, WASHINGTON DC 20005
Christopher P. Eldredge	director, officer: President and CEO	401 9TH STREET, NW #600, WASHINGTON DC 20004
Frederic V Malek	director	C/O THAYER LODGING GROUP, 1730 PENNSYLVANIA AVENUE NW #525, WASHINGTON DC 20006
James Warren Armstrong	officer: Chief Accounting Officer	401 9TH STREET, NW #600, WASHINGTON DC 20005
Maria Kenny	officer: SVP Finance & Treasurer	401 9TH STREET, NW #600, WASHINGTON DC 20004
Jonathan G Heiliger	director	JIVE SOFTWARE, INC., 325 LYTTON AVENUE, SUITE 200, PALO ALTO CA 94301
Roberts John T Jr	director
Thomas D Eckert	director	1997 ANNAPOLIS EXCHANGE PARKWAY, SUITE 410, ANNAPOLIS MD 21401
Hossein Fateh	director, officer: President and CEO	C/O DUPONT FABROS TECHNOLOGY, INC., 1212 NEW YORK AVENUE, NW, STE 900, WASHINGTON DC 20005
Du Pont Lammot J	director, officer: Executive Chairman	C/O DUPONT FABROS TECHNOLOGY, INC., 401 9TH STREET, NW #600, WASHINGTON DC 20004
Mark Amin	director	2700 COLORADO AVE., SANTA MONICA CA 90404
Michael A Coke	director	TERRENO REALTY CORPORATION, 101 MONTGOMERY STREET, SUITE 200, SAN FRANCISCO CA 94104
John H Toole	director	250 FARMINGTON DRIVE, CHARLOTTESVILLE VA 22901