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Dell-VMWare Tracking Stock Interest Coverage

: 3.30 (As of Oct. 2018)
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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. Dell-VMWare Tracking Stock's Operating Income for the three months ended in Oct. 2018 was $495 Mil. Dell-VMWare Tracking Stock's Interest Expense for the three months ended in Oct. 2018 was $-150 Mil. Dell-VMWare Tracking Stock's interest coverage for the quarter that ended in Oct. 2018 was 3.30. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Dell-VMWare Tracking Stock's Interest Coverage or its related term are showing as below:

DVMT' s Interest Coverage Range Over the Past 10 Years
Min: 0   Med: 0   Max: 13.19
Current: 13.19


DVMT's Interest Coverage is not ranked
in the Software industry.
Industry Median: 34.11 vs DVMT: 13.19

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


Dell-VMWare Tracking Stock Interest Coverage Historical Data

The historical data trend for Dell-VMWare Tracking Stock'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.

* Premium members only.

Dell-VMWare Tracking Stock Annual Data
Trend Jan17 Jan18
Interest Coverage
No Debt No Debt

Dell-VMWare Tracking Stock Quarterly Data
Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18
Interest Coverage Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt 3.30

Competitive Comparison

For the Software - Infrastructure subindustry, Dell-VMWare Tracking Stock'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.

   

Dell-VMWare Tracking Stock Interest Coverage Distribution

For the Software industry and Technology sector, Dell-VMWare Tracking Stock's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Dell-VMWare Tracking Stock's Interest Coverage falls into.



Dell-VMWare Tracking Stock 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.

Dell-VMWare Tracking Stock's Interest Coverage for the fiscal year that ended in Jan. 2018 is calculated as

Here, for the fiscal year that ended in Jan. 2018, Dell-VMWare Tracking Stock's Interest Expense was $0 Mil. Its Operating Income was $1,689 Mil. And its Long-Term Debt & Capital Lease Obligation was $0 Mil.

Dell-VMWare Tracking Stock had no debt.

Dell-VMWare Tracking Stock's Interest Coverage for the quarter that ended in Oct. 2018 is calculated as

Here, for the three months ended in Oct. 2018, Dell-VMWare Tracking Stock's Interest Expense was $-150 Mil. Its Operating Income was $495 Mil. And its Long-Term Debt & Capital Lease Obligation was $0 Mil.

Interest Coverage=-1* Operating Income (Q: Oct. 2018 )/Interest Expense (Q: Oct. 2018 )
=-1*495/-150
=3.30

* 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.


Dell-VMWare Tracking Stock  (NYSE:DVMT) 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 .


Dell-VMWare Tracking Stock Interest Coverage Related Terms

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


Dell-VMWare Tracking Stock Business Description

Dell-VMWare Tracking Stock logo
Traded in Other Exchanges
N/A
Address
Dell-VMWare Tracking Stock was incorporated in the state of Delaware on January 31, 2013 under the name of Denali Holding Inc. It changed its name to Dell Technologies Inc. on August 25, 2016. On September 7, 2016, a merger subsidiary of Dell Technologies merged with and into EMC Corporation, with EMC Corporation surviving the merger as a wholly-owned subsidiary of Dell Technologies. The company has issued a tracking stock to track the performance of a portion of Dell Technologies' economic interest in the VMware business. It is an information technology company. The company offers virtualization and cloud infrastructure solutions, which enable organizations to manage IT resources across complex multi-cloud, multi-device environments.
Executives
Rothberg Richard J officer: General Counsel & Secretary ONE DELL WAY ROUND ROCK TX 78682
Scannell William F officer: President, Global Sales EMC CORPORATION 176 SOUTH STREET HOPKINTON MA 01748
Sweet Thomas W officer: Chief Financial Officer ONE DELL WAY ROUND ROCK TX 78682
Elias Howard D officer: President, Services & Digital C/O EMC CORPORATION 176 SOUTH STREET HOPKINTON MA 01748
Kullman Ellen Jamison director UNITED TECHNOLOGIES CORP 10 FARM SPRINGS ROAD FARMINGTON CT 06032
Green William D director C/O ACCENTURE 161 N CLARK STREET CHICAGO IL 60601
Vojvodich Lynn M director C/O THE PRICELINE GROUP INC. 800 CONNECTICUT AVENUE NORWALK CT 06854
Dorman David W director CVS HEALTH. ONE CVS DRIVE WOONSOCKET RI 02895
Clarke Jeffrey W officer: COO & Vice Chairman C/O DELL INC. ONE DELL WAY ROUND ROCK TX 78682
Dew Allison officer: Chief Marketing Officer C/O DELL TECHNOLOGIES INC. ONE DELL WAY ROUND ROCK TX 78682
Price Steven H officer: Chief Human Resources Officer ONE DELL WAY ROUND ROCK TX 78682
Quintos Karen H officer: Chief Customer Officer ONE DELL WAY ROUND ROCK TX 78682
Read Rory P officer: Chief Operating Executive ONE DELL WAY ROUND ROCK TX 78682
Dell Michael S director, 10 percent owner, officer: Chief Executive Officer C/O DELL INC. ONE DELL WAY ROUND ROCK TX 78682-2244
Rios Brunilda officer: Chief Accounting Officer C/O DELL TECHNOLOGIES INC. ONE DELL WAY ROUND ROCK TX 78682
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