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UTStarcom Holdings (UTStarcom Holdings) Interest Coverage : N/A (As of Dec. 2023)


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What is UTStarcom Holdings 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. UTStarcom Holdings's Operating Income for the six months ended in Dec. 2023 was $-2.86 Mil. UTStarcom Holdings's Interest Expense for the six months ended in Dec. 2023 was $0.00 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. UTStarcom Holdings Corp has enough cash to cover all of its debt. Its financial situation is stable.

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


UTSI's Interest Coverage is not ranked *
in the Hardware industry.
Industry Median: 12.55
* 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.


UTStarcom Holdings Interest Coverage Historical Data

The historical data trend for UTStarcom Holdings'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.

UTStarcom Holdings Interest Coverage Chart

UTStarcom Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - N/A N/A N/A

UTStarcom Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 N/A N/A N/A N/A N/A

Competitive Comparison of UTStarcom Holdings's Interest Coverage

For the Communication Equipment subindustry, UTStarcom Holdings'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.


UTStarcom Holdings's Interest Coverage Distribution in the Hardware Industry

For the Hardware industry and Technology sector, UTStarcom Holdings's Interest Coverage distribution charts can be found below:

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



UTStarcom Holdings 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.

UTStarcom Holdings's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, UTStarcom Holdings's Interest Expense was $0.00 Mil. Its Operating Income was $-6.81 Mil. And its Long-Term Debt & Capital Lease Obligation was $1.66 Mil.

GuruFocus does not calculate UTStarcom Holdings's interest coverage with the available data.

UTStarcom Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, UTStarcom Holdings's Interest Expense was $0.00 Mil. Its Operating Income was $-2.86 Mil. And its Long-Term Debt & Capital Lease Obligation was $1.66 Mil.

GuruFocus does not calculate UTStarcom Holdings's interest coverage with the available data.

* 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.


UTStarcom Holdings  (NAS:UTSI) 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 .


UTStarcom Holdings Interest Coverage Related Terms

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


UTStarcom Holdings (UTStarcom Holdings) Business Description

Traded in Other Exchanges
Address
368 Liuhe Road, 4th Floor, South Wing, Binjiang District, Hangzhou, CHN, 310052
UTStarcom Holdings Corp operates as a telecom infrastructure provider. It develops technology for bandwidth from cloud-based services, mobile, streaming, and other applications. The range of solutions is designed to expand and modernize telecommunications networks through smooth network system integration, lower operating costs, and increased broadband access. The business activity of the firm is operated through the Equipment and Service segment. The Equipment segment is focused on equipment sales, including network infrastructure and application products, and the Service segment is engaged in providing services and support of equipment products and also the new operational support. The company operates in China, India, Japan, Taiwan, and other countries.
Executives
Softbank Group Corp 10 percent owner 1-7-1 KAIGAN, MINATO-KU, TOKYO M0 105-7537
Softbank America Inc 10 percent owner 300 DELAWARE AVENUE, SUITE 900, WILMINGTON DE 19801
Softbank Holdings Inc Et Al 10 percent owner
Capital Management Shah 10 percent owner 8601 SIX FORKS ROAD, SUITE 630, RALEIGH NC 27615
Ying (jack) Lu officer: Senior VP & COO UTSTARCOM, INC., 1275 HARBOR BAY PKWY, ALAMEDA CA 94502
Linzhen Xie director EAST THIRD RING ROAD, 11TH FLOOR, B TOWER, NO. 36 NORTH, BEIJING F4 100013
Wong William Shiu Kau director C/O UTSTARCOM, INC., 1275 HARBOR BAY PKWY., ALAMEDA CA 94502
Xiaoping Li director C/O UTSTARCOM, INC., 1275 HARBOR BAY PKWY., ALAMEDA CA 94502
Baichuan Du director ROOM 1504, BUILDING 7, NO. 1504, NO. 2 GUANG AN MEN, BEI BING HE RD., WEST DISTRICT BEIJING F4 100045
Peter Blackmore officer: President & COO UTSTARCOM, INC., 1275 HARBOR BAY PARKWAY, ALAMEDA CA 94502
Hong Liang Lu director, officer: President and CEO C/O UTSTARCOM INC., 1275 HARBOR BAY PARKWAY, ALAMEDA CA 94502
Edmond Cheng officer: Senior VP and CFO C/O UTSTARCOM, INC., 1275 HARBOR BAY PARKWAY, ALAMEDA CA 94502
Henry Li officer: SVP and General Counsel C/O UTSTARCOM, INC., 1275 HARBOR BAY PARKWAY, ALAMEDA CA 94502
Viraj J Patel officer: VP, Corp. Controller and CAO 100 CANAL POINTE BLVD., SUITE 108, PRINCETON NJ 08540
Kenneth Luk officer: Senior VP and CFO C/O UTSTARCOM, INC., 1275 HARBOR BAY PARKWAY, ALAMEDA CA 94502