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3D Systems (3D Systems) Interest Coverage : N/A (As of Dec. 2023)


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What is 3D Systems 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. 3D Systems's Operating Income for the three months ended in Dec. 2023 was $-37.9 Mil. 3D Systems's Interest Expense for the three months ended in Dec. 2023 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.

The historical rank and industry rank for 3D Systems's Interest Coverage or its related term are showing as below:


DDD's Interest Coverage is not ranked *
in the Hardware industry.
Industry Median: 12.38
* 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.


3D Systems Interest Coverage Historical Data

The historical data trend for 3D Systems'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.

3D Systems Interest Coverage Chart

3D Systems Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - N/A N/A

3D Systems Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 N/A N/A N/A 0.12 N/A

Competitive Comparison of 3D Systems's Interest Coverage

For the Computer Hardware subindustry, 3D Systems'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.


3D Systems's Interest Coverage Distribution in the Hardware Industry

For the Hardware industry and Technology sector, 3D Systems's Interest Coverage distribution charts can be found below:

* The bar in red indicates where 3D Systems's Interest Coverage falls into.



3D Systems 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.

3D Systems's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, 3D Systems's Interest Expense was $0.0 Mil. Its Operating Income was $-103.0 Mil. And its Long-Term Debt & Capital Lease Obligation was $376.2 Mil.

GuruFocus does not calculate 3D Systems's interest coverage with the available data.

3D Systems's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, 3D Systems's Interest Expense was $0.0 Mil. Its Operating Income was $-37.9 Mil. And its Long-Term Debt & Capital Lease Obligation was $376.2 Mil.

GuruFocus does not calculate 3D Systems'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.


3D Systems  (NYSE:DDD) 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 .


3D Systems Interest Coverage Related Terms

Thank you for viewing the detailed overview of 3D Systems's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


3D Systems (3D Systems) Business Description

Address
333 Three D Systems Circle, Rock Hill, SC, USA, 29730
3D Systems Corp provides comprehensive 3D printing and digital manufacturing solutions, including 3D printers for plastics and metals, materials, software, on-demand manufacturing services, and digital design tools. The company's segments include Healthcare Solutions and Industrial Solutions. It generates maximum revenue from the Industrial segment. It conducts business through various offices and facilities located throughout the Americas, EMEA, and APAC; generating a vast majority of revenues from the Americas.
Executives
Thomas W Erickson director OMEGA HEALTHCARE INVESTORS INC, 900 VICTORS WAY STE. 350, AMM ARBER MI 48108
Margaret E Wicklund officer: Chief Accounting Officer 13515 BALLANTYNE CORPORATE PL, CHARLOTTE NC 28277
Reji Puthenveetil officer: EVP, Industrial Solutions 333 THREE D SYSTEMS CIRCLE, ROCK HILL SC 29730
Malissia Clinton director 333 THREE D SYSTEMS CIRCLE, ROCK HILL SC 29730
Joseph R. Zuiker officer: EVP, Engineering & Operations 333 THREE D SYSTEMS CIRCLE, ROCK HILL SC 29730
Andrew Martin Johnson officer: VP, General Counsel & Secretar 333 THREE D SYSTEMS CIRCLE, ROCK HILL SC 29730
Jeffrey A Graves officer: President and CEO C/O C&D TECHNOLOGIES, INC., 1400 UNION MEETING RD, BLUE BELL PA 19422
Michael Lynn Turner officer: EVP & Chief Financial Officer 333 THREE D SYSTEMS CIRCLE, ROCK HILL SC 29730
Charles W Hull director, officer: Exec. V.P./Chief Tech. Off. 3D SYSTEMS CORPORATION, 333 THREE D SYSTEMS CORPORATION, ROCK HILL SC 29730
Jim D Kever director C/O 3D SYSTEMS, 26081 AVENUE HALL, VALENCIA CA 91355
Jagtar Narula officer: EVP & Chief Financial Officer 333 THREE D SYSTEMS CIRCLE, ROCK HILL SC 29730
Claudia Drayton director 12988 VALLEY VIEW ROAD, EDEN PRAIRIE MN 55344
Phyllis B Nordstrom officer: EVP & CHRO 333 THREE D SYSTEMS CIRCLE, ROCK HILL SC 29730
David K Leigh officer: EVP & CTO (Additive Mfg) 333 THREE D SYSTEMS CIRCLE, ROCK HILL SC 29730
Michael S Crimmins officer: SVP, Chief Accounting Officer 7 WORLD TRADE CENTER, 250 GREENWICH STREET, NEW YORK NY 10007