ePlus (PLUS) Interest Coverage : 61.69 (As of Mar. 2025)

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What is ePlus 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. ePlus's Operating Income for the three months ended in Mar. 2025 was $35 Mil. ePlus's Interest Expense for the three months ended in Mar. 2025 was $-1 Mil. ePlus's interest coverage for the quarter that ended in Mar. 2025 was 61.69. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. ePlus Inc has enough cash to cover all of its debt. Its financial situation is stable.

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

PLUS' s Interest Coverage Range Over the Past 10 Years
Min: 38.02 Med: 48.82 Max: 78.41
Current: 64.96

PLUS's Interest Coverage is ranked better than
62.07% of 1674 companies
in the Software industry
Industry Median: 26.495 vs PLUS: 64.96

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

ePlus Interest Coverage Historical Data

The historical data trend for ePlus'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.

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ePlus Interest Coverage Chart

ePlus Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Interest Coverage

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54.03

78.41

41.20

42.90

64.96

ePlus Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Interest Coverage	Get a 7-Day Free Trial															41.13	61.63	80.55	56.15	61.69

Competitive Comparison of ePlus's Interest Coverage

For the Software - Application subindustry, ePlus'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.

ePlus's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, ePlus's Interest Coverage distribution charts can be found below:

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

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ePlus 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.

ePlus's Interest Coverage for the fiscal year that ended in Mar. 2025 is calculated as

Here, for the fiscal year that ended in Mar. 2025, ePlus's Interest Expense was $-2 Mil. Its Operating Income was $144 Mil. And its Long-Term Debt & Capital Lease Obligation was $11 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Mar. 2025 )	/	Interest Expense (A: Mar. 2025 )
	=	-1	*	143.624	/	-2.211
	=	64.96

ePlus's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, ePlus's Interest Expense was $-1 Mil. Its Operating Income was $35 Mil. And its Long-Term Debt & Capital Lease Obligation was $11 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2025 )	/	Interest Expense (Q: Mar. 2025 )
	=	-1	*	35.287	/	-0.572
	=	61.69

The higher the ratio, the stronger the company's Financial Strength is.

ePlus (NAS:PLUS) 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 .

ePlus Interest Coverage Related Terms

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

ePlus Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ePlus Inc (NAS:PLUS) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

13595 Dulles Technology Drive, Herndon, VA, USA, 20171-3413

Website

https://www.eplus.com

ePlus Inc is a provider of technology solutions across the IT spectrum, spanning security, cloud, data center, networking, collaboration, AI, service provider, and critical infrastructure, and emerging solutions, to domestic and foreign organizations across all industry segments. Its solutions leverage a broad range of professional, consultative, and managed services across the technology spectrum. The company possesses top-level engineering certifications with a broad range of IT technologies that enable the company to offer multi-vendor IT solutions that are optimized for each of its customers' specific requirements. It also offers a wide portfolio of technology and other capital asset financing solutions to customers across commercial and government enterprises, designing programs.

Executives

Elaine D Marion	officer: Chief Financial Officer	13595 DULLES TECHNOLOGY DRIVE, HERNDON VA 20171-3413
John E Callies	director	13595 DULLES TECHNOLOGY DRIVE, HERNDON VA 20171
Faulders C Thomas Iii	director	13595 DULLES TECHNOLOGY DRIVE, HERNDON VA 20171-3413
Darren S Raiguel	officer: Chief Operating Officer	25850 YELLOW BIRCH COURT, ALDIE VA 20105
Renee Bergeron	director	1347 PANINI DRIVE, HENDERSON NV 89052
Ira A Hunt	director	1051 DEAD RUN DRIVE, MCLEAN VA 22101
Maureen F Morrison	director	C/O ASBURY AUTOMOTIVE GROUP, 2905 PREMIERE PKWY, STE 300, DULUTH GA 30097
Ben Xiang	director	15 MACARTHUR PLACE, UNIT 1604, SANTA ANA CA 92707
Eric D Hovde	10 percent owner	122 W. WASHINGTON AVENUE, SUITE 350, MADISON WI 53703
Bruce M Bowen	director, officer: Executive Vice President	C/O EPLUS INC., 13595 DULLES TECHNOLOGY DRIVE, HERNDON VA 20171-3413
Mark P Marron	director, officer: Chief Executive Officer
Lawrence S Herman	director	C/O EPLUS INC, 13595 DULLES TECHNOLOGY DRIVE, HERNDON VA 20171-3413
Phillip G Norton	director, 10 percent owner, officer: President/CEO	C/O EPLUS INC., 13595 DULLES TECHNOLOGY DRIVE, HERNDON VA 20171-3413
Terrence Odonnell	director	13595 DULLES TECHNOLOGY DRIVE, HERNDON VA 20171-3413
Steven J Mencarini	officer: SVP/CFO	C/O EPLUS INC., 13595 DULLES TECHNOLOGY DRIVE, HERNDON VA 20171-3413