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. Take-Two Interactive Software's
Operating Income
for the
three
months ended in Jun. 2022 was $-37 Mil. Take-Two Interactive Software's Interest Expense for the
three
months ended in Jun. 2022 was $-29 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 Take-Two Interactive Software's Interest Coverage or its related term are showing as below:
TTWO'
s Interest Coverage Range Over the Past 10 Years
Min: 0.17 Med: 12.23 Max: 81.07
Current: 7.51
TTWO's Interest Coverage is ranked worse than 80.06% of 341
companies
in the Interactive Media industry
Industry Median: 58.58
vs TTWO: 7.51
Take-Two Interactive Software Interest Coverage Historical Data
The historical data trend for Take-Two Interactive Software'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.
Take-Two Interactive Software Annual Data
Trend
Mar13
Mar14
Mar15
Mar16
Mar17
Mar18
Mar19
Mar20
Mar21
Mar22
Interest Coverage
6.75
25.11
81.07
59.17
19.33
Take-Two Interactive Software Quarterly Data
Sep17
Dec17
Mar18
Jun18
Sep18
Dec18
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Interest Coverage
166.02
35.80
27.40
N/A
-
Competitive Comparison
For the Electronic Gaming & Multimedia subindustry, Take-Two Interactive Software'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.
Take-Two Interactive Software Interest Coverage Distribution
For the Interactive Media industry and Communication Services sector, Take-Two Interactive Software's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Take-Two Interactive Software's Interest Coverage falls into.
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:
Take-Two Interactive Software 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.
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 .
Take-Two Interactive Software Interest Coverage Related Terms
Thank you for viewing the detailed overview of Take-Two Interactive Software's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.
Take-Two Interactive Software Business Description
Found in 1993, Take-Two consists of two wholly owned labels, Rockstar Games and 2K. The firm is one of the world's largest independent video game publishers on consoles, PCs, smartphones, and tablets. Take-Two's franchise portfolio is headlined by "Grand Theft Auto" (345 million units sold) and contains other well-known titles such as "NBA 2K," "Civilization," "Borderlands," "Bioshock," and "Xcom."
My Portfolios
Create New Portfolio
Portfolio Contest
My Gurus
Personalize
Premium Gurus 
2.73(2.09%) Volume: 1,363,360 4:00PM EDT
Email Alerts
Stock PDF
RSS
Website
Filings
Download
Manual of Stocks™ Web APP
NAS:TTWO has been successfully added to your 
