ironSource (ironSource) Interest Coverage : N/A (As of Jun. 2022)

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What is ironSource 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. ironSource's Operating Income for the three months ended in Jun. 2022 was $7.6 Mil. ironSource's Interest Expense for the three months ended in Jun. 2022 was $0.0 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

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

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

IS' s Interest Coverage Range Over the Past 10 Years
Min: 15.8 Med: 16.91 Max: 219.9
Current: 219.9

IS's Interest Coverage is not ranked
in the Software industry.
Industry Median: 28.885 vs IS: 219.90

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

ironSource Interest Coverage Historical Data

The historical data trend for ironSource'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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ironSource Interest Coverage Chart

ironSource Annual Data

Trend

Dec19

Dec20

Dec21

Interest Coverage

15.80

16.91

41.10

ironSource Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Interest Coverage	Get a 7-Day Free Trial					16.63	425.53	-	48.51	N/A

Competitive Comparison of ironSource's Interest Coverage

For the Software - Application subindustry, ironSource'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.

ironSource's Interest Coverage Distribution in the Software Industry

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

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

ironSource 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.

ironSource'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, ironSource's Interest Expense was $-2.0 Mil. Its Operating Income was $82.4 Mil. And its Long-Term Debt & Capital Lease Obligation was $30.1 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2021 )	/	Interest Expense (A: Dec. 2021 )
	=	-1	*	82.367	/	-2.004
	=	41.10

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

Here, for the three months ended in Jun. 2022, ironSource's Interest Expense was $0.0 Mil. Its Operating Income was $7.6 Mil. And its Long-Term Debt & Capital Lease Obligation was $28.5 Mil.

GuruFocus does not calculate ironSource's interest coverage with the available data.

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

ironSource (NYSE:IS) 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 .

ironSource Interest Coverage Related Terms

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

ironSource (ironSource) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ironSource Ltd (NYSE:IS) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

121 Menachem Begin Street, Azrieli Sarona Tower, Tel Aviv, ISR, 6701203

Website

https://www.is.com

ironSource Ltd is a business platform that enables mobile content creators to prosper within the app economy. App developers use ironSource's platform to turn their apps into successful, scalable businesses. The ironSource platform also empowers telecom operators to create a richer device experiences for their customers.