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Care.com (Care.com) Interest Coverage : 0 (At Loss) (As of Sep. 2019)


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What is Care.com 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. Care.com's Operating Income for the three months ended in Sep. 2019 was $-2.2 Mil. Care.com's Interest Expense for the three months ended in Sep. 2019 was $-0.0 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

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


CRCM's Interest Coverage is not ranked *
in the Interactive Media industry.
Industry Median: 37.1
* 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.


Care.com Interest Coverage Historical Data

The historical data trend for Care.com'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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Care.com Interest Coverage Chart

Care.com Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Interest Coverage
Get a 7-Day Free Trial - - 586.25 1,515.00 129.17

Care.com Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 84.18 195.73 - - -

Competitive Comparison of Care.com's Interest Coverage

For the Internet Content & Information subindustry, Care.com'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.


Care.com's Interest Coverage Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Care.com's Interest Coverage distribution charts can be found below:

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



Care.com 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.

Care.com's Interest Coverage for the fiscal year that ended in Dec. 2018 is calculated as

Here, for the fiscal year that ended in Dec. 2018, Care.com's Interest Expense was $-0.1 Mil. Its Operating Income was $8.4 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.0 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2018 )/Interest Expense (A: Dec. 2018 )
=-1*8.396/-0.065
=129.17

Care.com's Interest Coverage for the quarter that ended in Sep. 2019 is calculated as

Here, for the three months ended in Sep. 2019, Care.com's Interest Expense was $-0.0 Mil. Its Operating Income was $-2.2 Mil. And its Long-Term Debt & Capital Lease Obligation was $24.6 Mil.

Care.com did not have earnings to cover the interest expense.

* 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.


Care.com  (NYSE:CRCM) 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 .


Care.com Interest Coverage Related Terms

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


Care.com (Care.com) Business Description

Traded in Other Exchanges
N/A
Address
77 Fourth Avenue, Fifth Floor, Waltham, MA, USA, 02451
Care.com Inc is an online marketplace for finding and managing family care and also e-commerce service selling curated products designed for families. It helps families address their particular lifecycle of care needs. The company focuses on child care, senior care, special needs care and other non-medical family care needs such as pet care, tutoring, and housekeeping. The group's products and services encompass consumer matching solutions, consumer payments solutions, consumer social e-commerce solutions, community platforms and tools and solutions for care related businesses.
Executives
George Bell director 117 KENDRICK STREET, STE 200, NEEDHAM MA 02494
Harris William H Jr director MACROMEDIA/ 600 TOWNSEND ST, SAN FRANCISCO CA 94103
Ac/interactivecorp 10 percent owner 8750 NORTH CENTRAL EXPRESSWAY, SUITE 1400, DALLAS TX 75231
Chet Kapoor director BRIGHTCOVE INC., 290 CONGRESS STREET, BOSTON MA 02210
Capitalg Gp Llc 10 percent owner 1600 AMPITHEATRE PARKWAY, MOUNTAIN VIEW CA 94043
Capitalg Lp 10 percent owner 1600 AMPHITHEATRE PARKWAY, MOUNTAIN VIEW CA 94043
Alphabet Inc. 10 percent owner 1600 AMPHITHEATRE PARKWAY, MOUNTAIN VIEW CA 94043
Joanna Rees director LEAPFROG ENTERPRISES, INC., 6401 HOLLIS STREET SUITE 100, EMERYVILLE CA 94608
J Sanford Miller director 3000 SAND HILL ROAD, BUILDING 2, SUITE 250, MENLO PARK CA 94025
New Enterprise Associates 13 Lp 10 percent owner 1119 ST PAUL STREET, BALTIMORE MD 21202
Nea Partners 13, Limited Partnership 10 percent owner 1119 ST. PAUL STREET, BALTIMORE MD 21202
Nea 13 Gp, Ltd 10 percent owner 1119 ST. PAUL STREET, BALTIMORE MD 21202
Patrick J Kerins 10 percent owner
Scott D Sandell 10 percent owner
M James Barrett 10 percent owner 1119 ST PAUL STREET, BALTIMORE MD 21202

Care.com (Care.com) Headlines

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