GURUFOCUS.COM » STOCK LIST » USA » NYSE » Pinterest Inc (NYSE:PINS) » Definitions » Interest Coverage
Switch to:

Pinterest Interest Coverage

: 0 (At Loss) (As of Jun. 2022)
View and export this data going back to 2019. Start your Free Trial

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. Pinterest's Operating Income for the three months ended in Jun. 2022 was $-35 Mil. Pinterest's Interest Expense for the three months ended in Jun. 2022 was $-9 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 Pinterest's Interest Coverage or its related term are showing as below:

PINS' s Interest Coverage Range Over the Past 10 Years
Min: 12.6   Med: 34.63   Max: 34.63
Current: 12.6


PINS's Interest Coverage is ranked worse than
74.56% of 338 companies
in the Interactive Media industry
Industry Median: 64.36 vs PINS: 12.60

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


Pinterest Interest Coverage Historical Data

The historical data trend for Pinterest'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.

Pinterest Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21
Interest Coverage
- - - - 34.63

Pinterest Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 - 20.66 52.33 - -

Competitive Comparison

For the Internet Content & Information subindustry, Pinterest'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.

   

Pinterest Interest Coverage Distribution

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

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



Pinterest 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.

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

Here, for the fiscal year that ended in Dec. 2021, Pinterest's Interest Expense was $-9 Mil. Its Operating Income was $326 Mil. And its Long-Term Debt & Capital Lease Obligation was $209 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2021 )/Interest Expense (A: Dec. 2021 )
=-1*326.187/-9.42
=34.63

Pinterest's Interest Coverage for the quarter that ended in Jun. 2022 is calculated as

Here, for the three months ended in Jun. 2022, Pinterest's Interest Expense was $-9 Mil. Its Operating Income was $-35 Mil. And its Long-Term Debt & Capital Lease Obligation was $193 Mil.

Pinterest 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.


Pinterest  (NYSE:PINS) 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 .


Pinterest Interest Coverage Related Terms

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


Pinterest Business Description

Pinterest logo
Traded in Other Exchanges
Address
505 Brannan Street, San Francisco, CA, USA, 94107
Pinterest is an online product and idea discovery platform that helps users gather ideas on everything from recipes to cook to destinations to travel to. Founded in 2010, the platform consists of a largely female audience, at roughly two thirds of its more than 365 million monthly active users. The company generates revenue by selling digital ads and is now rolling out more in-platform e-commerce features.
Executives
Acosta Andrea officer: Chief Accounting Officer C/O BIOMARIN PHARMACEUTICAL INC. 770 LINDARO ST SAN RAFAEL CA 94901
Gavini Naveen officer: SVP, Products 505 BRANNAN ST. SAN FRANCISCO CA 94107
Coleman Salaam director 505 BRANNAN ST. SAN FRANCISCO CA 94701
Wishom Andrea M director 651 BRANNAN ST. SAN FRANCISCO CA 94107
Reynolds Fredric G director CBS CORPORATION 51 WEST 52ND STREET NEW YORK NY 10019
Kilgore Leslie J director 100 WINCHESTER CIRCLE LOS GATOS CA 95032
Wilson L Michelle director PO BOX 81226 SEATTLE WA 98108-1226
Levine Jeremy S. director C/O BESSEMER VENTURE PARTNERS 1865 PALMER AVENUE LARCHMONT NY 10538
Rajaram Gokul director 301 CONGRESS AVENUE SUITE 700 AUSTIN TX 78701
Jordan Jeffrey D director 2865 SAND HILL ROAD #101 MENLO PARK CA 94025
Silbermann Benjamin director, 10 percent owner, officer: Chairman, President, CEO, Co-F 505 BRANNAN STREET SAN FRANCISCO CA 94107
Sharp Evan director, officer: Co-Founder & Chief Design & Cr 505 BRANNAN STREET SAN FRANCISCO CA 94107
Yang Tseli Lily officer: Chief Accounting Officer C/O MEDIVATION, INC. 525 MARKET ST., 36TH FLOOR SAN FRANCISCO CA 94105
Flores Christine officer: General Counsel 505 BRANNAN STREET SAN FRANCISCO CA 94107
Brougher Francoise officer: Chief Operating Officer 1455 MARKET STREET SUITE 600 SAN FRANCISCO CA 94103

Pinterest Headlines

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)