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Nuance Communications Interest Coverage

: N/A (As of Jun. 2020)
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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. Nuance Communications's Operating Income for the three months ended in Jun. 2020 was USD 25 Mil. Nuance Communications's Interest Expense for the three months ended in Jun. 2020 was USD 0 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

NAS:NUAN' s Interest Coverage Range Over the Past 10 Years
Min: 0.17   Med: 1.14   Max: 2.65
Current: 1.73

0.17
2.65

NAS:NUAN's Interest Coverage is ranked lower than
91% of the 1327 Companies
in the Software industry.

( Industry Median: 23.06 vs. NAS:NUAN: 1.73 )

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


Nuance Communications Interest Coverage Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Nuance Communications Annual Data
Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19
Interest Coverage Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.78 1.36 0.66 0.92 1.85

Nuance Communications Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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 1.97 2.18 2.52 1.40 N/A

Competitive Comparison
* 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.


Nuance Communications Interest Coverage Distribution

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



Nuance Communications 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.

Nuance Communications's Interest Coverage for the fiscal year that ended in Sep. 2019 is calculated as

Here, for the fiscal year that ended in Sep. 2019, Nuance Communications's Interest Expense was USD -120 Mil. Its Operating Income was USD 222 Mil. And its Long-Term Debt & Capital Lease Obligation was USD 794 Mil.

Interest Coverage=-1* Operating Income (A: Sep. 2019 )/Interest Expense (A: Sep. 2019 )
=-1*222.046/-120.095
=1.85

Nuance Communications's Interest Coverage for the quarter that ended in Jun. 2020 is calculated as

Here, for the three months ended in Jun. 2020, Nuance Communications's Interest Expense was USD 0 Mil. Its Operating Income was USD 25 Mil. And its Long-Term Debt & Capital Lease Obligation was USD 1,630 Mil.

GuruFocus does not calculate Nuance Communications's interest coverage with the available data.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

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


Nuance Communications  (NAS:NUAN) 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 .


Nuance Communications Interest Coverage Related Terms


Nuance Communications Interest Coverage Headlines

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