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Vistra Energy Interest Coverage

: 4.83 (As of Jun. 2019)
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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 (EBIT) by its Interest Expense. Vistra Energy's Operating Income for the three months ended in Jun. 2019 was $729 Mil. Vistra Energy's Interest Expense for the three months ended in Jun. 2019 was $-151 Mil. Vistra Energy's interest coverage for the quarter that ended in Jun. 2019 was 4.83. The higher the ratio, the stronger the company's financial strength is.

NYSE:VST' s Interest Coverage Range Over the Past 10 Years
Min: 0.11   Max: 3.05
Current: 3.05

0.11
3.05

NYSE:VST's Interest Coverage is ranked higher than
53% of the 171 Companies
in the Utilities - Independent Power Producers industry.

( Industry Median: 2.72 vs. NYSE:VST: 3.05 )

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


Vistra Energy Interest Coverage Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Vistra Energy Annual Data
Dec14 Dec15 Dec16 Dec17 Dec18
Interest Coverage 0.14 0.25 0.11 1.08 0.94

Vistra Energy Quarterly Data
Dec14 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 1.43 4.04 0.04 3.33 4.83

Competitive Comparison
* 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.


Vistra Energy Interest Coverage Distribution

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



Vistra Energy 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.

Vistra Energy'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, Vistra Energy's Interest Expense was $-525 Mil. Its Operating Income was $491 Mil. And its Long-Term Debt & Capital Lease Obligation was $10,874 Mil.

Interest Coverage=-1*Operating Income (A: Dec. 2018 )/Interest Expense (A: Dec. 2018 )
=-1*491/-525
=0.94

Vistra Energy's Interest Coverage for the quarter that ended in Jun. 2019 is calculated as

Here, for the three months ended in Jun. 2019, Vistra Energy's Interest Expense was $-151 Mil. Its Operating Income was $729 Mil. And its Long-Term Debt & Capital Lease Obligation was $11,307 Mil.

Interest Coverage=-1*Operating Income (Q: Jun. 2019 )/Interest Expense (Q: Jun. 2019 )
=-1*729/-151
=4.83

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

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


Vistra Energy  (NYSE:VST) 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 .


Vistra Energy Interest Coverage Related Terms


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