GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » WideOpenWest Inc (NYSE:WOW) » Definitions » Interest Coverage
中文

WideOpenWest (WideOpenWest) Interest Coverage

: 0.57 (As of Dec. 2023)
View and export this data going back to 2017. 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. WideOpenWest's Operating Income for the three months ended in Dec. 2023 was $11.4 Mil. WideOpenWest's Interest Expense for the three months ended in Dec. 2023 was $-20.0 Mil. WideOpenWest's interest coverage for the quarter that ended in Dec. 2023 was 0.57. The higher the ratio, the stronger the company's financial strength is.

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


WOW's Interest Coverage is not ranked *
in the Telecommunication Services industry.
Industry Median: 4.56
* 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.


WideOpenWest Interest Coverage Historical Data

The historical data trend for WideOpenWest'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.

WideOpenWest 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 0.26 0.03 0.05 0.89 -

WideOpenWest 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 0.74 - 0.39 0.56 0.57

Competitive Comparison

For the Telecom Services subindustry, WideOpenWest'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.


WideOpenWest Interest Coverage Distribution

For the Telecommunication Services industry and Communication Services sector, WideOpenWest's Interest Coverage distribution charts can be found below:

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



WideOpenWest 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.

WideOpenWest'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, WideOpenWest's Interest Expense was $-71.1 Mil. Its Operating Income was $-8.2 Mil. And its Long-Term Debt & Capital Lease Obligation was $933.7 Mil.

WideOpenWest did not have earnings to cover the interest expense.

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

Here, for the three months ended in Dec. 2023, WideOpenWest's Interest Expense was $-20.0 Mil. Its Operating Income was $11.4 Mil. And its Long-Term Debt & Capital Lease Obligation was $933.7 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*11.4/-20
=0.57

* 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.


WideOpenWest  (NYSE:WOW) 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 .


WideOpenWest Interest Coverage Related Terms

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


WideOpenWest (WideOpenWest) Business Description

Traded in Other Exchanges
Address
7887 East Belleview Avenue, Suite 1000, Englewood, CO, USA, 80111
WideOpenWest Inc is a cable operator and broadband service, provider. The company serves residential, business and wholesale customers in Illinois, Michigan, Indiana, Ohio, Kansas, Tennessee, Maryland, and South Carolina. Its service portfolio consists of high-speed internet, data, voice, cloud, and cable television services. The company operates in one business segment that is Broadband Services. The majority of the revenue is generated from the subscription service revenue received.
Executives
Henry Hryckiewicz officer: Chief Technology Officer 7887 EAST BELLEVIEW AVENUE, SUITE 1000, ENGLEWOOD CO 80111
Gunjan Bhow director 7887 EAST BELLEVIEW AVENUE, SUITE 1000, ENGLEWOOD CO 80111
Don Schena officer: Chief Customer Exper. Officer C/O WIDEOPENWEST, INC., 7887 E. BELLEVIEW AVE., SUITE 1000, ENGLEWOOD CO 80111
Donald Craig Martin officer: General Counsel and Secretary C/O WIDEOPENWEST, INC., 7887 EAST BELLEVIEW AVENUE, ENGLEWOOD CO 80111
David Brunick officer: Chief Human Resources Officer 5619 DTC PARKWAY, GREENWOOD VILLAGE FL 80111
Teresa L Elder director, officer: Chief Executive Officer 4400 CARILLON POINT, KIRKLAND WA 98033
Northwestern Mutual Life Insurance Co 10 percent owner 720 EAST WISCONSIN AVENUE, MILWAUKEE WI 53202
John S Rego officer: Chief Financial Officer TREMOR VIDEO, INC., 1501 BROADWAY, 8TH FLOOR, NEW YORK NY 10036
Shannon Campain officer: Chief Commercial Officer 7887 EAST BELLEVIEW AVENUE, SUITE 1000, ENGLEWOOD CO 80111
Barry S Volpert director, 10 percent owner
Crestview Partners Iii Gp, L.p. director, 10 percent owner C/O CRESTVIEW PARTNERS, 590 MADISON AVENUE, 42ND FLOOR, NEW YORK NY 10022
Fish Richard Edward Jr officer: Chief Financial Officer C/O ITC DELTACOM, INC., 7037 OLD MADISON PIKE, HUNTSVILLE AL 35806
Bill Case officer: Chief Information Officer 7887 EAST BELLEVIEW AVENUE, SUITE 1000, ENGLEWOOD CO 80111
Matthew John Bell officer: Chief Technology Officer C/O WIDEOPENWEST, INC., 7887 E. BELLEVIEW AVENUE, SUITE 1000, ENGLEWOOD CO 80111
Thomas Patrick Mcmillin director C/O WIDEOPENWEST, INC., 7887 EAST BELLEVIEW AVENUE, SUITE 1000, ENGLEWOOD CO 80111