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Pandora Media (Pandora Media) Interest Coverage : 0 (At Loss) (As of Sep. 2018)


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What is Pandora Media 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. Pandora Media's Operating Income for the three months ended in Sep. 2018 was $-58 Mil. Pandora Media's Interest Expense for the three months ended in Sep. 2018 was $-7 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

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


P's Interest Coverage is not ranked *
in the Media - Diversified industry.
Industry Median: 11.94
* 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.


Pandora Media Interest Coverage Historical Data

The historical data trend for Pandora Media'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.

Pandora Media Interest Coverage Chart

Pandora Media Annual Data
Trend Jan09 Jan10 Jan11 Jan12 Jan13 Dec14 Dec15 Dec16 Dec17
Interest Coverage
Get a 7-Day Free Trial Premium Member Only - - 558.28 - 50.87

Pandora Media Quarterly Data
Oct13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 - 257.05 - - -

Competitive Comparison of Pandora Media's Interest Coverage

For the Broadcasting subindustry, Pandora Media'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.


Pandora Media's Interest Coverage Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Pandora Media's Interest Coverage distribution charts can be found below:

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



Pandora Media 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.

Pandora Media's Interest Coverage for the fiscal year that ended in Dec. 2017 is calculated as

Here, for the fiscal year that ended in Dec. 2017, Pandora Media's Interest Expense was $-29 Mil. Its Operating Income was $1,492 Mil. And its Long-Term Debt & Capital Lease Obligation was $273 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2017 )/Interest Expense (A: Dec. 2017 )
=-1*1492.364/-29.335
=50.87

Pandora Media's Interest Coverage for the quarter that ended in Sep. 2018 is calculated as

Here, for the three months ended in Sep. 2018, Pandora Media's Interest Expense was $-7 Mil. Its Operating Income was $-58 Mil. And its Long-Term Debt & Capital Lease Obligation was $255 Mil.

Pandora Media did not have earnings to cover the interest expense.

* 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.


Pandora Media  (NYSE:P) 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 .


Pandora Media Interest Coverage Related Terms

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


Pandora Media (Pandora Media) Business Description

Traded in Other Exchanges
N/A
Address
Pandora Medic Inc is a radio broadcasting company that offers music streaming and automated music recommendation services. Pandora allows users to listen to music selections based on the user's artist or genre preference and then provide positive or negative feedback, which is utilized by the program to choose subsequent musical selections. Pandora can be accessed through a web browser or the company's application that can be downloaded to a personal computer or mobile phone. The service is available in the United States, Australia, and New Zealand. Pandora derives the majority of its revenue in the United States.
Executives
Gregory B Maffei director 12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Karen Sammis Walker officer: Chief Accounting Officer 2101 WEBSTER STREET, #1650, OAKLAND CA 94612
S Aimee Lapic officer: Chief Marketing Officer 2101 WEBSTER ST #1650, OAKLAND CA 94612
Michael Lynton director 2000 AVENUE OF THE STARS 12TH FL, LOS ANGELES CA 90067
David J Frear director 1221 AVENUE OF THE AMERICAS, NEW YORK NY 10020
Naveen K. Chopra officer: Chief Financial Officer C/O 2160 GOLD STREET, SAN JOSE CA 95002
Stephen G Bene officer: General Counsel & Secretary C/O ELECTRONIC ARTS INC., 209 REDWOOD SHORES PARKWAY, REDWOOD CITY CA 94065
James E Meyer director 6922 HOLLYWOOD BLVD., 12TH FLOOR, LOS ANGELES CA 90028
Roger Lynch director, officer: CEO & President PANDORA MEDIA, INC., 2101 WEBSTER STREET, SUITE 1650, OAKLAND CA 94612
Liberty Media Corp director, 10 percent owner 12300 LIBERTY BOULEVARD, ENGLEWOOD CO 80112
Elizabeth A Nelson director MACROMEDIA/ 600 TOWNSEND ST, SAN FRANCISCO CA 94103
Peter C Gotcher director
James Feuille director TWO EMBARCADERO, SUITE 2200, SAN FRANCISCO CA 94111
Peter Chernin director 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Crosslink Capital Inc other: Affiliate of Director 2180 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025

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