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ZoomInfo Technologies Interest Coverage

: 4.27 (As of Jun. 2021)
View and export this data going back to 2020. Start your Free Trial

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. ZoomInfo Technologies's Operating Income for the three months ended in Jun. 2021 was $43.1 Mil. ZoomInfo Technologies's Interest Expense for the three months ended in Jun. 2021 was $-10.1 Mil. ZoomInfo Technologies's interest coverage for the quarter that ended in Jun. 2021 was 4.27. The higher the ratio, the stronger the company's financial strength is.

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

NAS:ZI' s Interest Coverage Range Over the Past 10 Years
Min: 0.5   Med: 0.52   Max: 3.44
Current: 3.44

0.5
3.44

NAS:ZI's Interest Coverage is ranked lower than
99.99% of the 236 Companies
in the Software industry.

( Industry Median: 90.30 vs. NAS:ZI: 3.44 )

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


ZoomInfo Technologies Interest Coverage Historical Data

The historical data trend for ZoomInfo Technologies'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.

ZoomInfo Technologies Annual Data
Trend Dec18 Dec19 Dec20
Interest Coverage
0.52 0.50 0.73

ZoomInfo Technologies Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
Interest Coverage Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 1.89 3.11 4.98 4.27

Competitive Comparison

For the Software - Application subindustry, ZoomInfo Technologies'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.

   

ZoomInfo Technologies Interest Coverage Distribution

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

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



ZoomInfo Technologies 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.

ZoomInfo Technologies's Interest Coverage for the fiscal year that ended in Dec. 2020 is calculated as

Here, for the fiscal year that ended in Dec. 2020, ZoomInfo Technologies's Interest Expense was $-69.3 Mil. Its Operating Income was $50.9 Mil. And its Long-Term Debt & Capital Lease Obligation was $778.5 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2020 )/Interest Expense (A: Dec. 2020 )
=-1*50.9/-69.3
=0.73

ZoomInfo Technologies's Interest Coverage for the quarter that ended in Jun. 2021 is calculated as

Here, for the three months ended in Jun. 2021, ZoomInfo Technologies's Interest Expense was $-10.1 Mil. Its Operating Income was $43.1 Mil. And its Long-Term Debt & Capital Lease Obligation was $804.5 Mil.

Interest Coverage=-1* Operating Income (Q: Jun. 2021 )/Interest Expense (Q: Jun. 2021 )
=-1*43.1/-10.1
=4.27

* 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.


ZoomInfo Technologies  (NAS:ZI) 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 .


ZoomInfo Technologies Interest Coverage Related Terms

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


ZoomInfo Technologies Business Description

ZoomInfo Technologies logo
Industry
Technology » Software NAICS : 511210 SIC : 7372
Comparable Companies
Traded in Other Exchanges
N/A
Address
805 Broadway Street, Suite 900, Vancouver, WA, USA, 98660
ZoomInfo Technologies Inc provides a go-to-market intelligence platform for sales and marketing teams. Its cloud-based go-to-market data and insights platform deliver comprehensive and high-quality intelligence and analytics to provide sales and marketing professionals with accurate information and insights on the organizations and professionals. Geographically, the company has its presence across the United States.
Executives
Tc Group, Llc 10 percent owner C/O CARLYLE GROUP 1001 PENNSYLVANIA AVENUE NW SUITE 220 S WASHINGTON DC 20004
Cp Vi Evergreen Holdings, L.p. 10 percent owner C/O THE CARLYLE GROUP, SUITE 220 SOUTH 1001 PENNSYLVANIA AVENUE, N.W. WASHINGTON DC 20004
Carlyle Partners Vi Dash Holdings, L.p. 10 percent owner C/O THE CARLYLE GROUP, SUITE 220 SOUTH 1001 PENNSYLVANIA AVENUE, N.W. WASHINGTON DC 20002
Carlyle Partners Vi Evergreen Holdings, L.p. 10 percent owner C/O THE CARLYLE GROUP, SUITE 200 SOUTH 1001 PENNSYLVANIA AVENUE, N.W. WASHINGTON DC 20004
Tc Group Vi, L.l.c. 10 percent owner C/O THE CARLYLE GROUP, SUITE 220 SOUTH 1001 PENNSYLVANIA ANVENE, N.W. WASHINGTON DC 20004
Tc Group Vi, L.p. 10 percent owner C/O THE CARLYLE GROUP, SUITE 220 SOUTH 1001 PENNSYLVANIA AVENUE, N.W. WASHINGTON DC 20004
Tc Group Vi S1, L.l.c. 10 percent owner C/O THE CARLYLE GROUP. SUITE 220 SOUTH 1001 PENNSYLVANIA AVENUE, N.W. WASHINGTON DC 20004
Tc Group Vi S1, L.p. 10 percent owner C/O THE CARLYLE GROUP, SUITE 220 SOUTH 1001 PENNSYLVANIA AVENUE, N.W. WASHINGTON DC 20004
Tc Group Sub L.p. 10 percent owner C/O THE CARLYLE GROUP L.P. 1001 PENNSYLVANIA AVENUE, NW WASHINGTON DC 20004-2505
Carlyle Holdings I L.p. 10 percent owner C/O THE CARLYLE GROUP L.P. 1001 PENNSYLVANIA AVENUE, NW WASHINGTON DC 20004-2505
Carlyle Holdings I Gp Sub L.l.c. 10 percent owner C/O THE CARLYLE GROUP L.P. 1001 PENNSYLVANIA AVENUE, NW WASHINGTON DC 20004-2505
Cg Subsidiary Holdings L.l.c. 10 percent owner C/O THE CARLYLE GROUP, SUITE 220 SOUTH 1001 PENNSYLVANIA AVENUE, N.W. WASHINGTON DC 20004
Tc Group Cayman Investment Holdings, L.p. 10 percent owner C/O WALKERS CORPORATE SERVICES LIMITED 190 ELGIN AVENUE GEORGE TOWN, GRAND CAYMAN E9 KY1-9001
Carlyle Group Inc. 10 percent owner C/O THE CARLYLE GROUP 1001 PENNSYLVANIA AVENUE, N.W. WASHINGTON DC 20004
Carlyle Group Management L.l.c. 10 percent owner C/O THE CARLYLE GROUP L.P. 1001 PENNSYLVANIA AVENUE, NW WASHINGTON DC 20004-2505

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Why ZoomInfo Stock Fell Today

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