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Marvell Technology (Marvell Technology) Interest Coverage : 0 (At Loss) (As of Jan. 2024)


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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. Marvell Technology's Operating Income for the three months ended in Jan. 2024 was $-8 Mil. Marvell Technology's Interest Expense for the three months ended in Jan. 2024 was $-53 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

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


MRVL's Interest Coverage is not ranked *
in the Semiconductors industry.
Industry Median: 19.975
* 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.


Marvell Technology Interest Coverage Historical Data

The historical data trend for Marvell Technology'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.

Marvell Technology Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 2.11 -

Marvell Technology Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.54 - - - -

Competitive Comparison

For the Semiconductors subindustry, Marvell Technology'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.


Marvell Technology Interest Coverage Distribution

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

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



Marvell Technology 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.

Marvell Technology's Interest Coverage for the fiscal year that ended in Jan. 2024 is calculated as

Here, for the fiscal year that ended in Jan. 2024, Marvell Technology's Interest Expense was $-212 Mil. Its Operating Income was $-437 Mil. And its Long-Term Debt & Capital Lease Obligation was $4,255 Mil.

Marvell Technology did not have earnings to cover the interest expense.

Marvell Technology's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

Here, for the three months ended in Jan. 2024, Marvell Technology's Interest Expense was $-53 Mil. Its Operating Income was $-8 Mil. And its Long-Term Debt & Capital Lease Obligation was $4,255 Mil.

Marvell Technology did not have earnings to cover the interest expense.

* 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.


Marvell Technology  (NAS:MRVL) 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 .


Marvell Technology Interest Coverage Related Terms

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


Marvell Technology (Marvell Technology) Business Description

Address
1000 N. West Street, Suite 1200, Wilmington, DE, USA, 19801
Marvell Technology is a fabless chip designer focused on wired networking, where it has the second-highest market share. Marvell serves the data center, carrier, enterprise, automotive, and consumer end markets with processors, optical and copper transceivers, switches, and storage controllers.
Executives
Matthew J Murphy director, officer: CEO and President MARVELL SEMICONDUCTOR, INC., 5488 MARVELL LANE, SANTA CLARA CA 95054
Chris Koopmans officer: EVP, Chief Operations Officer 5488 MARVELL LANE, SANTA CLARA CA 94061
Ford Tamer director 3945 FREEDOM CIRCLE SUITE 1100, SANTA CLARA CA 95054
Willem A Meintjes officer: SVP, Chief Accounting Officer 5488 MARVELL LANE, SANTA CLARA CA 95054
Mitchell Gaynor officer: EVP, CALO MARVELL SEMICONDUCTOR, INC., 5488 MARVELL LANE, SANTA CLARA CA 95054
Loi Nguyen officer: Executive Vice President 1000 N. WEST STREET, SUITE 1200, WILMINGTON DE 19801
Michael G Strachan director LSI CORPORATION, 1621 BARBER LANE, MILPITAS CA 95035
Dan Christman officer: EVP, Storage Business Group 5488 MARVELL LANE, SANTA CLARA CA 95054
Sandeep Bharathi officer: Chief Development Officer 5488 MARVELL LANE, SANTA CLARA CA 95054
Jarnac Dean E Jr. officer: EVP Worldwide Sales 5488 MARVELL LANE, SANTA CLARA CA 95054
Muhammad Raghib Hussain officer: President, Products & Tech 5488 MARVELL LANE, SANTA CLARA CA 95054
Panteha Dixon officer: Chief Accounting Officer 5488 MARVELL LANE, SANTA CLARA CA 95054
Nariman Yousefi officer: Executive Vice President 5300 CALIFORNIA AVENUE, IRVINE CA 92617
Rebecca W House director 1201 SOUTH SECOND STREET, MILWAUKEE WI 53204
Sara C Andrews director C/O LOGMEIN, INC., 320 SUMMER STREET, BOSTON MA 02210