Hortonworks (Hortonworks) Interest Coverage : No Debt ⁽¹⁾ (As of Sep. 2018)

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What is Hortonworks 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. Hortonworks's Operating Income for the three months ended in Sep. 2018 was $-31.7 Mil. Hortonworks's Interest Expense for the three months ended in Sep. 2018 was $0.0 Mil. Hortonworks has no debt. The higher the ratio, the stronger the company's financial strength is.

(1) 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.

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

HDP's Interest Coverage is not ranked ^*
in the Software industry.
Industry Median: 28.9
* Ranked among companies with meaningful Interest Coverage only.

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

Hortonworks Interest Coverage Historical Data

The historical data trend for Hortonworks'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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Hortonworks Interest Coverage Chart

Hortonworks Annual Data

Trend

Apr12

Apr13

Dec14

Dec15

Dec16

Dec17

Interest Coverage

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Hortonworks Quarterly Data
	Apr12	Apr13	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18
Interest Coverage	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Hortonworks's Interest Coverage

For the Software - Infrastructure subindustry, Hortonworks'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.

Hortonworks's Interest Coverage Distribution in the Software Industry

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

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

Hortonworks 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.

Hortonworks's Interest Coverage for the fiscal year that ended in Dec. 2017 is calculated as

Here, for the fiscal year that ended in Dec. 2017, Hortonworks's Interest Expense was $0.0 Mil. Its Operating Income was $-198.8 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.0 Mil.

Hortonworks had no debt ⁽¹⁾.

Hortonworks's Interest Coverage for the quarter that ended in Sep. 2018 is calculated as

Here, for the three months ended in Sep. 2018, Hortonworks's Interest Expense was $0.0 Mil. Its Operating Income was $-31.7 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.0 Mil.

Hortonworks had no debt ⁽¹⁾.

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

Hortonworks (NAS:HDP) 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 .

Hortonworks Interest Coverage Related Terms

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

Hortonworks (Hortonworks) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Hortonworks Inc (NAS:HDP) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.hortonworks.com

Hortonworks Inc is a provider of data management software solutions that allows corporations to harness the power of big data. The firm's Data at Rest solution is an enterprise-scale platform built for interactive, real-time workloads to be executed simultaneously on a single data set. The Data in Motion solution provides customers the ability to ingest any type of data from multiple data sources. These solutions can centrally manage new and existing data types, run multiple applications simultaneously, and provide security, data governance, stability and scalability. The company derives revenue from subscriptions to software offerings and professional fees. A large majority of the firm's revenue is generated in the United States.

Executives

Martin Fink	director	C/O WESTERN DIGITAL CORPORATION, 5601 GREAT OAKS PARKWAY, SAN JOSE CA 95119
Scott Reasoner	officer: See Remarks	C/O QUEST SOFTWARE, INC. 5 POLARIS WAY ALISO VIEJO CA 92656
Peter H Fenton	director	2480 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Scott E Gnau	officer: Chief Technology Officer	17095 VIA DEL CAMPO, SAN DIEGO CA 92127
Scott Davidson	officer: See Remarks	5470 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
Robert G Bearden	director, officer: President & CEO	I2 11701 LUNA ROAD DALLAS TX 75234
Kevin Klausmeyer	director	2101 CITYWEST BLVD, HOUSTON TX 77042-2827
Paul J Cormier	director	C/O RED HAT, INC, 100 EAST DAVIE STREET, RALEIGH NC 27601
Michelangelo Volpi	director	C/O HORTONWORKS, INC., 3640 W. BAYSHORE RD., PALO ALTO CA 94303
Alexandre Balkanski	10 percent owner	2480 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Matt Cohler	10 percent owner	2480 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Kevin Harvey	10 percent owner	2480 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Bruce Dunlevie	10 percent owner	2480 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Steven M Spurlock	10 percent owner	2480 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
J William Gurley	10 percent owner	2480 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025