NTNX (Nutanix) Interest Coverage : 39.09 (As of Jan. 2025)

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What is Nutanix 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. Nutanix's Operating Income for the three months ended in Jan. 2025 was $65 Mil. Nutanix's Interest Expense for the three months ended in Jan. 2025 was $-2 Mil. Nutanix's interest coverage for the quarter that ended in Jan. 2025 was 39.09. The higher the ratio, the stronger the company's financial strength is.

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

NTNX' s Interest Coverage Range Over the Past 10 Years
Min: 0.04 Med: No Debt Max: No Debt
Current: 0.5

NTNX's Interest Coverage is ranked worse than
97.71% of 1656 companies
in the Software industry
Industry Median: 28.075 vs NTNX: 0.50

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

Nutanix Interest Coverage Historical Data

The historical data trend for Nutanix'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.

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Nutanix Interest Coverage Chart

Nutanix Annual Data

Trend

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Jul24

Interest Coverage

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0.04

Nutanix Quarterly Data
	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
Interest Coverage	Get a 7-Day Free Trial															2.22	-	-	36.58	39.09

Competitive Comparison of Nutanix's Interest Coverage

For the Software - Infrastructure subindustry, Nutanix'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.

Nutanix's Interest Coverage Distribution in the Software Industry

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

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

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Nutanix 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.

Nutanix's Interest Coverage for the fiscal year that ended in Jul. 2024 is calculated as

Here, for the fiscal year that ended in Jul. 2024, Nutanix's Interest Expense was $-169 Mil. Its Operating Income was $8 Mil. And its Long-Term Debt & Capital Lease Obligation was $660 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Jul. 2024 )	/	Interest Expense (A: Jul. 2024 )
	=	-1	*	7.563	/	-169.38
	=	0.04

Nutanix's Interest Coverage for the quarter that ended in Jan. 2025 is calculated as

Here, for the three months ended in Jan. 2025, Nutanix's Interest Expense was $-2 Mil. Its Operating Income was $65 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,435 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Jan. 2025 )	/	Interest Expense (Q: Jan. 2025 )
	=	-1	*	65.438	/	-1.674
	=	39.09

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

Nutanix (NAS:NTNX) 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 .

Nutanix Interest Coverage Related Terms

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

Nutanix Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Nutanix Inc (NAS:NTNX) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

0K9O:UK 0NU:Germany 0NU:Germany

Address

1740 Technology Drive, Suite 150, San Jose, CA, USA, 95110

Website

https://www.nutanix.com

Nutanix Inc is engaged in cloud software, offering organizations a single platform for running applications and managing data, anywhere. Its Nutanix Cloud Platform is designed to enable organizations to build a hybrid multicloud infrastructure, providing a consistent cloud operating model with a single platform for running applications and managing data in core data centers, at the edge, and in public clouds, all while supporting a variety of hypervisors and container platforms. The company is into a single operating and reportable segment that is subscription-based business model. Key revenue is generated from United States.

Executives

Rajiv Ramaswami	director, officer: President and CEO	5300 CALIFORNIA AVENUE, IRVINE CA 92617
Rukmini Sivaraman	officer: Chief Financial Officer	1740 TECHNOLOGY DR., SUITE 150, SAN JOSE CA 95110
David Humphrey	director	C/O BAIN CAPITAL PARTNERS, LLC, JOHN HANCOCK TOWER, 200 CLARENDON STREET, BOSTON MA 02116
De Groen Max Pieter	director	200 CLARENDON STREET, BOSTON MA 02116
Steven J Gomo	director	495 E. JAVA DRIVE, SUNNYVALE CA 94089
Virginia Gambale	director	C/O JETBLUE AIRWAYS CORP., 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
David Sangster	officer: EVP, Operations	C/O NUTANIX INC, 1740 TECHNOLOGY DRIVE SUITE 150, SAN JOSE CA 95110
Tyler Wall	officer: Chief Legal Officer	CHORDIANT SOFTWARE, INC., 20400 STEVENS CREEK BLVD., STE. 400, CUPERTINO CA 94014
Mark B Templeton	director	CITRIX, 851 W CYPRESS CREEK RD, FORT LAUDERDALE FL 33309
Craig Conway	director	SALESFORCE TOWER, 415 MISSION STREET, 3RD FLOOR, SAN FRANCISCO CA 94105
Aaron Boynton	officer: Chief Accounting Officer	C/O NUTANIX, INC., 1740 TECHNOLOGY AVE., SUITE 150, SAN JOSE CA 95110
Duston Williams	officer: Chief Financial Officer	C/O NUTANIX, INC., 1740 TECHNOLOGY DRIVE, SUITE 150, SAN JOSE CA 95110
Teresa Gayle Sheppard	director	C/O ENVISTA HOLDINGS CORPORATION, 200 S. KRAEMER BLVD., BLDG. E, BREA CA 92821
Brian Mark Stevens	director	25 HOOPER HILL RD., NEW BOSTON NH 03070
Susan L Bostrom	director