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William Lyon Homes (William Lyon Homes) Interest Coverage : N/A (As of Sep. 2019)


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What is William Lyon Homes 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. William Lyon Homes's Operating Income for the three months ended in Sep. 2019 was $14 Mil. William Lyon Homes's Interest Expense for the three months ended in Sep. 2019 was $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 William Lyon Homes's Interest Coverage or its related term are showing as below:


WLH's Interest Coverage is not ranked *
in the Homebuilding & Construction industry.
Industry Median: 8.9
* 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.


William Lyon Homes Interest Coverage Historical Data

The historical data trend for William Lyon Homes'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.

William Lyon Homes Interest Coverage Chart

William Lyon Homes Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only N/A N/A N/A N/A N/A

William Lyon Homes 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 N/A N/A N/A N/A N/A

Competitive Comparison of William Lyon Homes's Interest Coverage

For the Residential Construction subindustry, William Lyon Homes'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.


William Lyon Homes's Interest Coverage Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, William Lyon Homes's Interest Coverage distribution charts can be found below:

* The bar in red indicates where William Lyon Homes's Interest Coverage falls into.



William Lyon Homes 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.

William Lyon Homes'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, William Lyon Homes's Interest Expense was $0 Mil. Its Operating Income was $143 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,321 Mil.

GuruFocus does not calculate William Lyon Homes's interest coverage with the available data.

William Lyon Homes's Interest Coverage for the quarter that ended in Sep. 2019 is calculated as

Here, for the three months ended in Sep. 2019, William Lyon Homes's Interest Expense was $0 Mil. Its Operating Income was $14 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,407 Mil.

GuruFocus does not calculate William Lyon Homes'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.


William Lyon Homes  (NYSE:WLH) 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 .


William Lyon Homes Interest Coverage Related Terms

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


William Lyon Homes (William Lyon Homes) Business Description

Traded in Other Exchanges
N/A
Address
4695 MacArthur Court, 8th Floor, Newport Beach, CA, USA, 92660
William Lyon Homes is engaged in the design, construction, marketing and sale of single-family detached and attached homes. Its reporting segments are California, Arizona, Nevada, Colorado, Washington, and Oregon. The company generates a majority of its revenue from California.
Executives
Douglas K Ammerman director 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
William H Lyon director, 10 percent owner, officer: Executive Chairman C/O TAYLOR MORRISON HOME CORP., 4900 N. SCOTTSDALE ROAD, SUITE 2000, SCOTTSDALE AZ 85251
Matthew R Zaist director, officer: President & CEO C/O WILLIAM LYON HOMES, 4695 MACARTHUR COURT, 8TH FLOOR, NEWPORT BEACH CA 92660
Gary H Hunt director C/O WILLIAM LYON HOMES, 4695 MACARTHUR COURT, 8TH FLOOR, NEWPORT BEACH CA 92660
Bay Resource Partners Lp 10 percent owner 2300 WINDY RIDGE PARKWAY, SUITE 550 SOUTH, ATLANTA GA 30339
Thomas E Claugus 10 percent owner GMT CAPITAL CORP, 2300 WINDY RIDGE PARKWAY SUITE 550 SOUTH, ATLANTA GA 30339
Gmt Capital Corp 10 percent owner GMT CAPITAL CORP, 2300 WINDY RIDGE PARKWAY SUITE 550 SOUTH, ATLANTA GA 30339
Bay Ii Resource Partners Lp 10 percent owner 2300 WINDY RIDGE PARKWAY, SUITE 550 SOUTH, ATLANTA GA 30339
Bay Resource Partners Offshore Master Fund, L.p. 10 percent owner 2300 WINDY RIDGE PARKWAY, SUITE 550 SOUTH, ATLANTA GA 30339
William Lyon director, officer: Executive Chairman C/O WILLIAM LYON HOMES INC, 4490 VON KARMAN AVE, NEWPORT BEACH CA 92660
Lcg Holdings Llc 10 percent owner 7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
Luxor Capital Group, Lp 10 percent owner 7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
Luxor Capital Partners, Lp 10 percent owner 7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
Luxor Wavefront, Lp 10 percent owner 7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
Luxor Capital Partners Offshore Ltd 10 percent owner C/O MAPLES CORPORATE SERVICES LTD., PO BOX 309, UGLAND HOUSE, GEORGE TOWN E9 KY1-1104

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