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Entegris Interest Coverage

: 12.98 (As of Jun. 2021)
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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. Entegris's Operating Income for the three months ended in Jun. 2021 was $139 Mil. Entegris's Interest Expense for the three months ended in Jun. 2021 was $-11 Mil. Entegris's interest coverage for the quarter that ended in Jun. 2021 was 12.98. The higher the ratio, the stronger the company's financial strength is.

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

NAS:ENTG' s Interest Coverage Range Over the Past 10 Years
Min: 0.6   Med: 7.81   Max: 604.08
Current: 9.98

0.6
604.08

NAS:ENTG's Interest Coverage is ranked lower than
99.99% of the 98 Companies
in the Semiconductors industry.

( Industry Median: 247.64 vs. NAS:ENTG: 9.98 )

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


Entegris Interest Coverage Historical Data

The historical data trend for Entegris'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.

Entegris Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Interest Coverage
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.22 7.48 8.58 5.10 8.14

Entegris Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 7.28 8.35 9.24 9.78 12.98

Competitive Comparison

For the Semiconductor Equipment & Materials subindustry, Entegris'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.

   

Entegris Interest Coverage Distribution

For the Semiconductors industry and Technology sector, Entegris's Interest Coverage distribution charts can be found below:

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



Entegris 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.

Entegris's Interest Coverage for the fiscal year that ended in Dec. 2020 is calculated as

Here, for the fiscal year that ended in Dec. 2020, Entegris's Interest Expense was $-49 Mil. Its Operating Income was $395 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,126 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2020 )/Interest Expense (A: Dec. 2020 )
=-1*395.445/-48.6
=8.14

Entegris's Interest Coverage for the quarter that ended in Jun. 2021 is calculated as

Here, for the three months ended in Jun. 2021, Entegris's Interest Expense was $-11 Mil. Its Operating Income was $139 Mil. And its Long-Term Debt & Capital Lease Obligation was $990 Mil.

Interest Coverage=-1* Operating Income (Q: Jun. 2021 )/Interest Expense (Q: Jun. 2021 )
=-1*138.889/-10.697
=12.98

* 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.


Entegris  (NAS:ENTG) 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 .


Entegris Interest Coverage Related Terms

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


Entegris Business Description

Entegris logo
Industry
Technology » Semiconductors NAICS : 334413 SIC : 3674
Traded in Other Exchanges
Address
129 Concord Road, Billerica, MA, USA, 01821
Entegris Inc is a supplier of advanced materials and process solutions for the semiconductor and other high-technology industries. The company's reportable segments include Specialty Chemicals & Engineered Materials (SCEM), Microcontamination Control (MC), and Advanced Materials Handling (AMH). The SCEM segment provides high-performance & high-purity process chemistries, gases, & materials, and safe & efficient delivery systems. The Microcontamination Control (MC) segment includes solutions to purify critical liquid chemistries and process gases used in semiconductor manufacturing processes and other high-technology industries. Its geographical segments are Taiwan, North America, South Korea, Japan, China, Europe, and Southeast.
Executives
Olson Paul L H director C/O ENTEGRIS INC 129 CONCORD ROAD BILLERICA MA 01821
Loy Bertrand director, officer: President & CEO C/O ENTEGRIS, INC. 129 CONCORD RD BILLERICA MA 01821
Sullivan Brian F. director 16305 36TH AVENUE N MINNEAPOLIS MN 55446
Haris Clinton M. officer: SVP & GM, MC Division C/O ENTEGRIS, INC. 129 CONCORD ROAD BILLERICA MA 01821
Tison Stuart officer: SVP & GM, SCEM C/O ENTEGRIS, INC. 129 CONCORD ROAD BILLERICA MA 01821
Edlund Todd James officer: EVP & COO 129 CONCORD ROAD BILLERICA MA 01821
Shaner William James officer: SVP & GM, AMH 129 CONCORD ROAD BILLERICA MA 01821
Burns Robert Nicholas director C/O ENTEGRIS, INC. 129 CONCORD ROAD BILLERICA MA 01821
Bradley Michael A director 8 BARNSTABLE ROAD WEST NEWTON MA 02465
Rucci Corey officer: SVP, Business Development 700 DOVER PLACE SOUTHLAKE TX 76092
Lederer James P director 5775 MOREHOUSE DRIVE SAN DIEGO CA 92121
Colella Joseph officer: SVP and General Counsel 129 CONCORD ROAD BILLERICA MA 01821
Gentilcore James director NINE HAMPSHIRE STREET MANSFIELD MA 02048
Saleki-gerhardt Azita director 1 N. WAUKEGAN ROAD NORTH CHICAGO IL 60064
Graves Gregory B officer: EVP & CFO 129 CONCORD ROAD BILLERICA MA 01821

Entegris Headlines

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