ATN International (ATN International) Interest Coverage

: 0.93 (As of Dec. 2023)

View and export this data going back to 1991. Start your Free Trial

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. ATN International's Operating Income for the three months ended in Dec. 2023 was $11.2 Mil. ATN International's Interest Expense for the three months ended in Dec. 2023 was $-12.0 Mil. ATN International's interest coverage for the quarter that ended in Dec. 2023 was 0.93. The higher the ratio, the stronger the company's financial strength is.

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

ATNI' s Interest Coverage Range Over the Past 10 Years
Min: 0.62 Med: 5.45 Max: 73.29
Current: 0.62

ATNI's Interest Coverage is ranked worse than
93.08% of 289 companies
in the Telecommunication Services industry
Industry Median: 4.53 vs ATNI: 0.62

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

ATN International Interest Coverage Historical Data

The historical data trend for ATN 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.

ATN International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

3.94

6.06

1.93

0.84

0.62

ATN International Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Coverage																0.77	0.38	0.35	0.73	0.93

Competitive Comparison

For the Telecom Services subindustry, ATN 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.

ATN International Interest Coverage Distribution

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

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

ATN 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.

ATN International'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, ATN International's Interest Expense was $-42.7 Mil. Its Operating Income was $26.7 Mil. And its Long-Term Debt & Capital Lease Obligation was $608.5 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2023 )	/	Interest Expense (A: Dec. 2023 )
	=	-1	*	26.653	/	-42.686
	=	0.62

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

Here, for the three months ended in Dec. 2023, ATN International's Interest Expense was $-12.0 Mil. Its Operating Income was $11.2 Mil. And its Long-Term Debt & Capital Lease Obligation was $608.5 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	11.196	/	-11.986
	=	0.93

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

ATN International (NAS:ATNI) 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 .

ATN International Interest Coverage Related Terms

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

ATN International (ATN International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » ATN International Inc (NAS:ATNI) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

500 Cummings Center, Suite 2450, Beverly, MA, USA, 01915

Website

https://www.atni.com

ATN International Inc is a telecommunications and utilities company. The company provides critical infrastructure-based communications and related information technology solutions. Its operating segments comprise of US Telecom, International Telecom, and Renewable Energy. The company earns revenue from its telecommunication and renewable energy operations.

Executives

Pamela F Lenehan	director	C/O AVID TECHNOLOGY, INC., ONE PARK WEST, TEWKSBURY MA 01876
Michael T Prior	officer: President and CEO	C/O ATLANTIC TELE NETWORK INC, 19 ESTATE THOMAS HAVEN SITE, ST THOMAS VI D8 999999999
Richard J Ganong	director	C/O ATN INTERNATIONAL, INC., 500 CUMMING, 500 CUMMINGS CENTER, SUITE 2450, BEVERLY MA 01915
Derek Hudson	director	C/O 500 CUMMINGS CENTER, SUITE 2450, BEVERLY MA 01915
Patricia Jacobs	director	ONE CITY CENTER, 5TH FLOOR, PORTLAND ME 04101
Justin D Benincasa	officer: CFO, Treasurer	C/O AMERICAN TOWER CORP, 116 HUNTINGTON AVE, BOSTON MA 02116
Justin M Leon	officer: SVP, Corporate Development	C/O 500 CUMMINGS CENTER, SUITE 2450, BEVERLY MA 01915
April Henry	director	C/O SCIENCE STRATEGIC ACQUISITION CORP., 1447 2ND STREET, SANTA MONICA CA 90401
Prior Cornelius B Jr	officer: Executive Chairman
William F Kreisher	officer: Senior VP, Corporate Dev.	ATLANTIC TELE NETWORK, 10 DERBY SQUARE, SALEM MA 01970
James S Eisenstein	director	C/O AMERICAN TOWER CORP, 116 HUNTINGTON AVE, BOSTON MA 02116
John Clarke Kennedy	director	C/O ATN INTERNATIONAL, INC., 500 CUMMING, 500 CUMMINGS CENTER, SUITE 2450, BEVERLY MA 01915
Brad W Martin	officer: EVP - Operations	C/O ATN INTERNATIONAL, INC., 500 CUMMING, BEVERLY MA 01915
Mary Mabey	officer: SVP and General Counsel	ATN INTERNATIONAL, INC., 500 CUMMINGS CENTER, SUITE 2450, BEVERLY MA 01915
Leonard Q. Slap	officer: SVP and General Counsel	ATLANTIC TELE-NETWORK, INC., 600 CUMMINGS CENTER, BEVERLY MA 01915