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Liberty Broadband (NAS:LBRDK) Interest Coverage

: 0.20 (As of Sep. 2022)
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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. Liberty Broadband's Operating Income for the three months ended in Sep. 2022 was $7.0 Mil. Liberty Broadband's Interest Expense for the three months ended in Sep. 2022 was $-35.0 Mil. Liberty Broadband's interest coverage for the quarter that ended in Sep. 2022 was 0.20. The higher the ratio, the stronger the company's financial strength is.

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

LBRDK' s Interest Coverage Range Over the Past 10 Years
Min: 0.1   Med: No Debt   Max: No Debt
Current: 0.1


LBRDK's Interest Coverage is ranked worse than
99.66% of 294 companies
in the Telecommunication Services industry
Industry Median: 5.65 vs LBRDK: 0.10

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


Liberty Broadband (NAS:LBRDK) Interest Coverage Historical Data

The historical data trend for Liberty Broadband'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.

* Premium members only.

Liberty Broadband Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Interest Coverage Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Liberty Broadband Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Interest Coverage 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 Premium Member Only Premium Member Only Premium Member Only 0.04 - 0.27 0.30 0.20

Liberty Broadband (NAS:LBRDK) Interest Coverage Competitive Comparison

For the Telecom Services subindustry, Liberty Broadband'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.

   

Liberty Broadband (NAS:LBRDK) Interest Coverage Distribution

For the Telecommunication Services industry and Communication Services sector, Liberty Broadband's Interest Coverage distribution charts can be found below:

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



Liberty Broadband 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.


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

Liberty Broadband's Interest Coverage for the fiscal year that ended in Dec. 2021 is calculated as

Here, for the fiscal year that ended in Dec. 2021, Liberty Broadband's Interest Expense was $-117.0 Mil. Its Operating Income was $-3.0 Mil. And its Long-Term Debt & Capital Lease Obligation was $3,822.0 Mil.

Liberty Broadband did not have earnings to cover the interest expense.

Liberty Broadband's Interest Coverage for the quarter that ended in Sep. 2022 is calculated as

Here, for the three months ended in Sep. 2022, Liberty Broadband's Interest Expense was $-35.0 Mil. Its Operating Income was $7.0 Mil. And its Long-Term Debt & Capital Lease Obligation was $3,860.0 Mil.

Interest Coverage=-1* Operating Income (Q: Sep. 2022 )/Interest Expense (Q: Sep. 2022 )
=-1*7/-35
=0.20

* 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.


Liberty Broadband  (NAS:LBRDK) 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 .


Liberty Broadband Interest Coverage Related Terms

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


Liberty Broadband (NAS:LBRDK) Business Description

Liberty Broadband logo
Address
12300 Liberty Boulevard, Englewood, CO, USA, 80112
Liberty Broadband Corp serves in the telecommunications industry in the United States. It provides cable services to both residential and small to medium businesses through its fiber, hybrid fiber, and coaxial cable infrastructure. The services provided by the company are residential services which include video services, internet services, voice services, and mobile services, commercial services which include small, and medium business and enterprise solutions, advertising services, and other services which include security and home management. The reportable segments of the company are GCI Holdings, Charter. The firm derives the majority of its revenue from GCI Holdings.
Executives
Hamilton Sue Ann director 12405 POWERSCOURT DRIVE ST. LOUIS MO 63131
Engles Gregg L director 1225 SEVENTEENTH STREET SUITE 1000 DENVER CO 80202
Frist Julie D. director 810 JACKSON BLVD. NASHVILLE TN 37205
Wilm Renee L officer: Chief Legal Officer 12300 LIBERTY BOULEVARD ENGLEWOOD CO 80112
Malone John C director, 10 percent owner 12300 LIBERTY BLVD ENGLEWOOD CO 80112
Wendling Brian J officer: SVP/Controller/PFO 12300 LIBERTY BOULEVARD ENGLEWOOD CO 80112
Carleton Mark D officer: Chief Financial Officer 12300 LIBERTY BLVD. ENGLEWOOD CO 80112
Wargo J David director C/O WARGO & CO 712 FIFTH AVENUE 41ST FLOOR NEW YORK NY 10019
Fisher Donne F director 12300 LIBERTY BLVD ENGLEWOOD CO 80112
Welsh John E Iii director AVALON CAPITAL PARTNERS 181 MAIN ST COLD SPRING HARBOR NY 11724
Green Richard R director 12300 LIBERTY BOULEVARD ENGLEWOOD CO 80112
Maffei Gregory B director, officer: President/CEO 12300 LIBERTY BLVD ENGLEWOOD CO 80112
Liberty Media Corp 10 percent owner 12300 LIBERTY BOULEVARD ENGLEWOOD CO 80112
Rosenthaler Albert E officer: Senior Vice President 12300 LIBERTY BLVD ENGLEWOOD CO 80112
Shean Christopher W officer: Senior Vice President/CFO 12300 LIBERTY BLVD. ENGLEWOOD CO 80116

Liberty Broadband (NAS:LBRDK) Headlines

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