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InterXion Holding NV (InterXion Holding NV) Interest Coverage : 1.88 (As of Sep. 2019)


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What is InterXion Holding NV 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. InterXion Holding NV's Operating Income for the three months ended in Sep. 2019 was $34.5 Mil. InterXion Holding NV's Interest Expense for the three months ended in Sep. 2019 was $-18.3 Mil. InterXion Holding NV's interest coverage for the quarter that ended in Sep. 2019 was 1.88. The higher the ratio, the stronger the company's financial strength is.

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


INXN's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 29.37
* 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.


InterXion Holding NV Interest Coverage Historical Data

The historical data trend for InterXion Holding NV'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.

InterXion Holding NV Interest Coverage Chart

InterXion Holding NV Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.99 2.79 2.68 2.49 2.14

InterXion Holding NV Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 2.20 2.23 1.71 1.73 1.88

Competitive Comparison of InterXion Holding NV's Interest Coverage

For the Information Technology Services subindustry, InterXion Holding NV'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.


InterXion Holding NV's Interest Coverage Distribution in the Software Industry

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

* The bar in red indicates where InterXion Holding NV's Interest Coverage falls into.



InterXion Holding NV 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.

InterXion Holding NV's Interest Coverage for the fiscal year that ended in Dec. 2018 is calculated as

Here, for the fiscal year that ended in Dec. 2018, InterXion Holding NV's Interest Expense was $-61.0 Mil. Its Operating Income was $130.2 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,441.2 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2018 )/Interest Expense (A: Dec. 2018 )
=-1*130.229/-60.958
=2.14

InterXion Holding NV's Interest Coverage for the quarter that ended in Sep. 2019 is calculated as

Here, for the three months ended in Sep. 2019, InterXion Holding NV's Interest Expense was $-18.3 Mil. Its Operating Income was $34.5 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,844.9 Mil.

Interest Coverage=-1* Operating Income (Q: Sep. 2019 )/Interest Expense (Q: Sep. 2019 )
=-1*34.463/-18.315
=1.88

* 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.


InterXion Holding NV  (NYSE:INXN) 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 .


InterXion Holding NV Interest Coverage Related Terms

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InterXion Holding NV (InterXion Holding NV) Business Description

Traded in Other Exchanges
N/A
Address
Scorpius 30, Hoofddorp, NLD, 2132 LR
InterXion Holding NV is a provider of carrier and cloud neutral colocation data center services in Europe. The company's data centers act as content, cloud and connectivity hubs that facilitate the processing, storage, sharing and distribution of data, content, applications and media between carriers and customers, creating an environment that it refers to as a community of interest. InterXion is a core offerer of carrier and cloud neutral colocation services including space, power, cooling and a physically secure environment in which to house its customers' computing, network, storage and IT infrastructure. The company operates through two geographical segments the first being France, Germany, The Netherlands and UK and second being rest of Europe.