Consensus Cloud Solutions (Consensus Cloud Solutions) Interest Coverage : 4.81 (As of Dec. 2023)

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What is Consensus Cloud Solutions 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. Consensus Cloud Solutions's Operating Income for the three months ended in Dec. 2023 was $35.5 Mil. Consensus Cloud Solutions's Interest Expense for the three months ended in Dec. 2023 was $-7.4 Mil. Consensus Cloud Solutions's interest coverage for the quarter that ended in Dec. 2023 was 4.81. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Consensus Cloud Solutions's Interest Coverage or its related term are showing as below:

CCSI' s Interest Coverage Range Over the Past 10 Years
Min: 2.6 Med: 3.81 Max: 12.27
Current: 3.25

CCSI's Interest Coverage is ranked worse than
85.13% of 1600 companies
in the Software industry
Industry Median: 29.505 vs CCSI: 3.25

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

Consensus Cloud Solutions Interest Coverage Historical Data

The historical data trend for Consensus Cloud Solutions'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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Consensus Cloud Solutions Interest Coverage Chart

Consensus Cloud Solutions Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

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4.37

2.60

12.27

2.95

3.25

Consensus Cloud Solutions Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Coverage	Get a 7-Day Free Trial												3.38	2.71	3.03	3.08	4.81

Competitive Comparison of Consensus Cloud Solutions's Interest Coverage

For the Software - Infrastructure subindustry, Consensus Cloud Solutions'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.

Consensus Cloud Solutions's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, Consensus Cloud Solutions's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Consensus Cloud Solutions's Interest Coverage falls into.

Consensus Cloud Solutions 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.

Consensus Cloud Solutions'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, Consensus Cloud Solutions's Interest Expense was $-45.4 Mil. Its Operating Income was $147.2 Mil. And its Long-Term Debt & Capital Lease Obligation was $738.6 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2023 )	/	Interest Expense (A: Dec. 2023 )
	=	-1	*	147.229	/	-45.367
	=	3.25

Consensus Cloud Solutions's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Consensus Cloud Solutions's Interest Expense was $-7.4 Mil. Its Operating Income was $35.5 Mil. And its Long-Term Debt & Capital Lease Obligation was $738.6 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	35.475	/	-7.369
	=	4.81

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

Consensus Cloud Solutions (NAS:CCSI) 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 .

Consensus Cloud Solutions Interest Coverage Related Terms

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

Consensus Cloud Solutions (Consensus Cloud Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Consensus Cloud Solutions Inc (NAS:CCSI) » Definitions » Interest Coverage

Comparable Companies

GCT IIIV LVOX SCWX NN OSPN STEM CGNT BAND CORZQ MSFT ORCL ADBE PANW SNPS VMW FTNT CRWD PLTR SQ

Traded in Other Exchanges

N/A

Address

700 South Flower Street, 15th Floor, Los Angeles, CA, USA, 90017

Website

https://www.consensus.com

Consensus Cloud Solutions Inc is a provider of secure information delivery services with a scalable Software-as-a-Service SaaS platform. It is engaged in fax cloud. Geographically, it derives a maximum revenue from the United States.

Executives

James C Malone	officer: Chief Financial Officer	3525 PIEDMONT RD., NE, BUILDING 6, SUITE 700, ATLANTA GA 30305
Elaine Healy	director
Douglas Y Bech	director	C/O J2 GLOBAL COMMUNICATIONS INC, 6922 HOLLYWOOD BLVD/LEGAL DEPT - 5TH FL., LOS ANGELES CA 90028
Pamela Sutton-wallace	director	197 VAN VORST ST, APT 1505, JERSEY CITY NJ 07302
Steve Emberland	officer: Vice President, Controller	700 S. FLOWER STREET, 15TH FLOOR, LOS ANGELES CA 90017
John Nebergall	officer: Chief Operating Officer	700 S. FLOWER STREET, 15TH FLOOR, LOS ANGELES CA 90017
Nathaniel Simmons	director	700 S. FLOWER STREET, 15TH FLOOR, LOS ANGELES CA 90017
Jeffrey Alan Sullivan	officer: Chief Technology Officer	700 S. FLOWER STREET, 15TH FLOOR, LOS ANGELES CA 90017
R Scott Turicchi	director, officer: CEO & CFO	C/O J2 GLOBAL COMMUNICATIONS, INC., 6922 HOLLYWOOD BLVD, 5TH FLOOR, LOS ANGELES CA 90028
Jeremy Rossen	director, officer: President	ZIFF DAVIS INC, 114 5TH AVE,14TH AND 15TH FLOOR, NEW YORK NY 10011
Stephen Ross	director
J2 Global, Inc.	10 percent owner	114 5TH AVENUE, NEW YORK NY 10011
Vithya Aubee	director, officer: VP & Secretary	700 S. FLOWER STREET, 15TH FLOOR, LOS ANGELES CA 90017