C3.ai (AI) Interest Coverage

: No Debt ⁽¹⁾ (As of Jan. 2024)

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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. C3.ai's Operating Income for the three months ended in Jan. 2024 was $-82.5 Mil. C3.ai's Interest Expense for the three months ended in Jan. 2024 was $0.0 Mil. C3.ai has no debt. 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. C3.ai Inc has enough cash to cover all of its debt. Its financial situation is stable.

(1) 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.

The historical rank and industry rank for C3.ai's Interest Coverage or its related term are showing as below:

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

AI's Interest Coverage is ranked better than
98.75% of 1603 companies
in the Software industry
Industry Median: 29.52 vs AI: 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.

C3.ai Interest Coverage Historical Data

The historical data trend for C3.ai'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.

Array ( [0] => No Debt [1] => No Debt [2] => No Debt [3] => No Debt [4] => No Debt )

C3.ai Annual Data

Trend

Apr19

Apr20

Apr21

Apr22

Apr23

Interest Coverage

No Debt

C3.ai Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Interest Coverage																No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison

For the Software - Application subindustry, C3.ai'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.

C3.ai Interest Coverage Distribution

For the Software industry and Technology sector, C3.ai's Interest Coverage distribution charts can be found below:

* The bar in red indicates where C3.ai's Interest Coverage falls into.

C3.ai 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.

C3.ai's Interest Coverage for the fiscal year that ended in Apr. 2023 is calculated as

Here, for the fiscal year that ended in Apr. 2023, C3.ai's Interest Expense was $0.0 Mil. Its Operating Income was $-290.5 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.0 Mil.

C3.ai had no debt ⁽¹⁾.

C3.ai's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

Here, for the three months ended in Jan. 2024, C3.ai's Interest Expense was $0.0 Mil. Its Operating Income was $-82.5 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.0 Mil.

C3.ai had no debt ⁽¹⁾.

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

C3.ai (NYSE:AI) 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 .

C3.ai Interest Coverage Related Terms

Thank you for viewing the detailed overview of C3.ai's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.

C3.ai (AI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » C3.ai Inc (NYSE:AI) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

AI1:Mexico 0A5W:UK 724:Germany 724:Germany 724:Germany 724:Germany

Address

1400 Seaport Boulevard, Redwood City, CA, USA, 94063

Website

https://www.c3.ai

C3.ai Inc is an enterprise artificial intelligence company. The company provides software-as-a-service applications that enable customers to rapidly develop, deploy, and operate large-scale Enterprise AI applications across any infrastructure. It provides solutions under three divisions namely, The C3 AI Suite, is a comprehensive application development and runtime environment that is designed to allow customers to rapidly design, develop, and deploy Enterprise AI applications of any type; C3 AI Applications, include a large and growing family of industry-specific and application-specific turnkey AI solutions that can be immediately installed and deployed; and C3.ai Ex Machina, analytics for applying data science to every-day business decisions.

Executives

Juho Parkkinen	officer: Chief Accounting Officer	C/O C3.AI, INC., 1400 SEAPORT BLVD, REDWOOD CITY CA 94063
Edward Y Abbo	officer: Chief Technology Officer	C/O C3.AI, INC., 1400 SEAPORT BLVD, REDWOOD CITY CA 94063
Guy Wanger	officer: SVP & Chief Admin Officer	C/O C3.AI, INC., 1400 SEAPORT BLVD, REDWOOD CITY CA 94063
Richard C Levin	director	C/O C3.AI, INC., 1400 SEAPORT BLVD, REDWOOD CITY CA 94063
Ward Jr Stephen M	director	C/O CARPENTER TECHNOLOGY CORP, PO BOX 14662, READING PA 19612
Kr Sridhar	director	1299 ORLEANS DRIVE, SUNNYVALE CA 94089
Shankar Sastry	director	C/O C3.AI, INC., 1300 SEAPORT BLVD., SUITE 500, REDWOOD CITY CA 94063
Houman Behzadi	officer: Chief Product Officer	C/O C3.AI, INC., 1400 SEAPORT BLVD, REDWOOD CITY CA 94063
Lisa Ann Davis	director	2555 TELEGRAPH RD, BLOOMFIELD HILLS MI 48302
Adeel Manzoor	officer: Chief Financial Officer	4655 GREAT AMERICA PARKWAY, SUITE 300, SANTA CLARA CA 95054
Thomas M Siebel	director, 10 percent owner, officer: Chief Executive Officer	1400 SEAPORT BLVD, REDWOOD CITY CA 94063
David Barter	officer: Senior VP and CFO	C/O MODEL N, INC., 1600 SEAPORT BLVD., SUITE 400, REDWOOD CITY CA 94063
Patricia A House	director	C/O C3.AI, INC., 1400 SEAPORT BLVD, REDWOOD CITY CA 94063
Bruce A Cleveland	officer: Senior VP and CMO	C/O C3.AI, INC., 1300 SEAPORT BLVD, SUITE 500, REDWOOD CITY CA 94063
Lutton Richard J. Jr.	officer: Senior VP and General Counsel	C/O C3.AI, INC., 1300 SEAPORT BLVD, SUITE 500, REDWOOD CITY CA 94603