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BlackBerry Interest Coverage

: N/A (As of Feb. 2021)
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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. BlackBerry's Operating Income for the three months ended in Feb. 2021 was $-33.0 Mil. BlackBerry's Interest Expense for the three months ended in Feb. 2021 was $0.0 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

NYSE:BB' s Interest Coverage Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: N/A


NYSE:BB's Interest Coverage is ranked lower than
99.99% of the 1456 Companies
in the Software industry.

( Industry Median: 31.06 vs. NYSE:BB: N/A )

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


BlackBerry Interest Coverage Historical 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.

* Premium members only.

BlackBerry Annual Data
Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21
Interest Coverage Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

BlackBerry Quarterly Data
May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21
Interest Coverage 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 Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison
* 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.


BlackBerry Interest Coverage Distribution

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



BlackBerry 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.

BlackBerry's Interest Coverage for the fiscal year that ended in Feb. 2021 is calculated as

Here, for the fiscal year that ended in Feb. 2021, BlackBerry's Interest Expense was $0.0 Mil. Its Operating Income was $-98.0 Mil. And its Long-Term Debt & Capital Lease Obligation was $810.0 Mil.

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

BlackBerry's Interest Coverage for the quarter that ended in Feb. 2021 is calculated as

Here, for the three months ended in Feb. 2021, BlackBerry's Interest Expense was $0.0 Mil. Its Operating Income was $-33.0 Mil. And its Long-Term Debt & Capital Lease Obligation was $810.0 Mil.

GuruFocus does not calculate BlackBerry'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.


BlackBerry  (NYSE:BB) 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 .


BlackBerry Interest Coverage Related Terms


BlackBerry Interest Coverage Headlines

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