Liberty Broadband (Liberty Broadband) Interest Coverage

: 0.24 (As of Dec. 2023)

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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 Dec. 2023 was $13.0 Mil. Liberty Broadband's Interest Expense for the three months ended in Dec. 2023 was $-55.0 Mil. Liberty Broadband's interest coverage for the quarter that ended in Dec. 2023 was 0.24. 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: 0.21 Med: 0.35 Max: 2.58
Current: 0.35

LBRDK's Interest Coverage is ranked worse than
97.58% of 289 companies
in the Telecommunication Services industry
Industry Median: 4.59 vs LBRDK: 0.35

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 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.

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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Liberty Broadband Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

0.21

0.35

Liberty Broadband Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Coverage	Take a 7-Day Free Trial															0.12	0.36	0.44	0.39	0.24

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 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 ⁽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.

Liberty Broadband's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Liberty Broadband's Interest Expense was $-206.0 Mil. Its Operating Income was $73.0 Mil. And its Long-Term Debt & Capital Lease Obligation was $3,816.0 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2023 )	/	Interest Expense (A: Dec. 2023 )
	=	-1	*	73	/	-206
	=	0.35

Liberty Broadband's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Liberty Broadband's Interest Expense was $-55.0 Mil. Its Operating Income was $13.0 Mil. And its Long-Term Debt & Capital Lease Obligation was $3,816.0 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	13	/	-55
	=	0.24

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 (Liberty Broadband) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Liberty Broadband Corp (NAS:LBRDK) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

LBRDP.PFD:USA LBRDB:USA LBRDA:USA 8L8C:Germany 8L8:Germany LBRD34:Brazil

Address

12300 Liberty Boulevard, Englewood, CO, USA, 80112

Website

https://www.libertybroadband.com

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

Sue Ann Hamilton	director	12405 POWERSCOURT DRIVE, ST. LOUIS MO 63131
Gregg L Engles	director	1225 SEVENTEENTH STREET, SUITE 1000, DENVER CO 80202
Julie D. Frist	director	810 JACKSON BLVD., NASHVILLE TN 37205
Renee L Wilm	officer: Chief Legal Officer	12300 LIBERTY BOULEVARD, ENGLEWOOD CO 80112
John C Malone	director, 10 percent owner	12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Brian J Wendling	officer: SVP/Controller/PFO	12300 LIBERTY BOULEVARD, ENGLEWOOD CO 80112
Mark D Carleton	officer: Chief Financial Officer	12300 LIBERTY BLVD., ENGLEWOOD CO 80112
J David Wargo	director	C/O WARGO & CO, 712 FIFTH AVENUE 41ST FLOOR, NEW YORK NY 10019
Donne F Fisher	director	12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Welsh John E Iii	director	AVALON CAPITAL PARTNERS, 181 MAIN ST, COLD SPRING HARBOR NY 11724
Richard R Green	director	1550 WEWATTA STREET, STE 1000, DENVER CO 80202
Gregory B Maffei	director, officer: President/CEO	12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Liberty Media Corp	10 percent owner	12300 LIBERTY BOULEVARD, ENGLEWOOD CO 80112
Albert E Rosenthaler	officer: Senior Vice President	12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Christopher W Shean	officer: Senior Vice President/CFO	12300 LIBERTY BLVD., ENGLEWOOD CO 80116