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Mantech International (Mantech International) Interest Coverage : 17.18 (As of Jun. 2022)


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What is Mantech International 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. Mantech International's Operating Income for the three months ended in Jun. 2022 was $35 Mil. Mantech International's Interest Expense for the three months ended in Jun. 2022 was $-2 Mil. Mantech International's interest coverage for the quarter that ended in Jun. 2022 was 17.18. The higher the ratio, the stronger the company's financial strength is.

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

MANT' s Interest Coverage Range Over the Past 10 Years
Min: 8.65   Med: 62.24   Max: 83.18
Current: 29.36


MANT's Interest Coverage is not ranked
in the Software industry.
Industry Median: 29.37 vs MANT: 29.36

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


Mantech International Interest Coverage Historical Data

The historical data trend for Mantech International'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.

Mantech International Interest Coverage Chart

Mantech International Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 71.41 47.41 53.32 83.18 78.20

Mantech International Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 132.96 87.91 39.94 19.55 17.18

Competitive Comparison of Mantech International's Interest Coverage

For the Software - Application subindustry, Mantech International'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.


Mantech International's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, Mantech International's Interest Coverage distribution charts can be found below:

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



Mantech International 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.

Mantech International'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, Mantech International's Interest Expense was $-2 Mil. Its Operating Income was $187 Mil. And its Long-Term Debt & Capital Lease Obligation was $364 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2021 )/Interest Expense (A: Dec. 2021 )
=-1*186.816/-2.389
=78.20

Mantech International's Interest Coverage for the quarter that ended in Jun. 2022 is calculated as

Here, for the three months ended in Jun. 2022, Mantech International's Interest Expense was $-2 Mil. Its Operating Income was $35 Mil. And its Long-Term Debt & Capital Lease Obligation was $363 Mil.

Interest Coverage=-1* Operating Income (Q: Jun. 2022 )/Interest Expense (Q: Jun. 2022 )
=-1*34.925/-2.033
=17.18

* 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.


Mantech International  (NAS:MANT) 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 .


Mantech International Interest Coverage Related Terms

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


Mantech International (Mantech International) Business Description

Traded in Other Exchanges
N/A
Address
2251 Corporate Park Drive, Herndon, VA, USA, 20171
Mantech International Corp provides mission-focused technology solutions and services for U.S. defense, the intelligence community, and federal civilian agencies. The company provides full-spectrum cyber, encompassing defense, resilience, offense, analytics, and compliance. It offers professional and technical solutions, and support services; command-and-control infrastructure, intelligence, surveillance and reconnaissance platforms and sensors, and data services; and vulnerability assessment, insider threat protection, exposure analysis, secrecy architecture design, security policy development and implementation, lifecycle acquisition program security, anti-tamper, export compliance support, foreign disclosure, system security engineering, security awareness and training.
Executives
Jennifer A. Warren 10 percent owner 2251 CORPORATE PARK DRIVE SUITE 600 HERNDON VA 20171
Pedersen Gst 2022 Trust 10 percent owner 2251 CORPORATE PARK DRIVE SUITE 600 HERNDON VA 20171
Pedersen Nonexempt 2022 Trust 10 percent owner 2251 CORPORATE PARK DRIVE SUITE 600 HERNDON VA 20171
George J Pedersen 10 percent owner 9 WEST 57TH STREET, SUITE 4170, NEW YORK NY 10019
Kevin M Phillips officer: Vice President - CFO 12105 LEE JACKSON HIGHWAY FAIRFAX VA 22033
Richard J Kerr director 12015 LEE JACKSON HIGHWAY FAIRFAX VA 22033
Richard L Armitage director 12015 LEE JACKSON HIGHWAY, FAIRFAX VA 22033
Bonnie Cook officer: EVP Business Operations 2251 CORPORATE PARK DRIVE SUITE 600 HERNDON VA 20171
Richard John Wagner officer: Business Group President 12015 LEE JACKSON MEMORIAL HWY FAIRFAX VA 22033
Mary K Bush director 3509 WOODBINE STREET, CHEVY CHASE MD 20815
Judith L Bjornaas officer: SVP & Deputy CFO 12015 LEE JACKSON MEMORIAL HWY., MANTECH INTERNATIONAL CORPORATION, FAIRFAX VA 22033
Peter B Lamontagne director 2251 CORPORATE PARK DRIVE SUITE 600 HERNDON VA 20171
Matthew A Tait officer: Business Group President 12015 LEE JACKSON MEMORIAL HWY FAIRFAX VA 22033
Fatzinger Walter R Jr director 12015 LEE JACKSON HIGHWAY FAIRFAX VA 22033
Daniel J Keefe officer: Business Group President MANTECH INTERNATIONAL CORPORATION 12015 LEE JACKSON MEMORIAL HWY. FAIRFAX VA 22033