BigBear.ai Holdings (BigBear.ai Holdings) Interest Coverage : 0 (At Loss) (As of Mar. 2024)

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What is BigBear.ai Holdings 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. BigBear.ai Holdings's Operating Income for the three months ended in Mar. 2024 was $-11.1 Mil. BigBear.ai Holdings's Interest Expense for the three months ended in Mar. 2024 was $-3.6 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 BigBear.ai Holdings's Interest Coverage or its related term are showing as below:

BBAI's Interest Coverage is not ranked ^*
in the Software industry.
Industry Median: 29.34
* 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.

BigBear.ai Holdings Interest Coverage Historical Data

The historical data trend for BigBear.ai Holdings'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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BigBear.ai Holdings Interest Coverage Chart

BigBear.ai Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

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50.25

N/A

BigBear.ai Holdings Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Coverage	Get a 7-Day Free Trial													-	-	-	-	-

Competitive Comparison of BigBear.ai Holdings's Interest Coverage

For the Information Technology Services subindustry, BigBear.ai Holdings'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.

BigBear.ai Holdings's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, BigBear.ai Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where BigBear.ai Holdings's Interest Coverage falls into.

BigBear.ai Holdings 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.

BigBear.ai Holdings'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, BigBear.ai Holdings's Interest Expense was $-14.2 Mil. Its Operating Income was $-35.5 Mil. And its Long-Term Debt & Capital Lease Obligation was $198.6 Mil.

BigBear.ai Holdings did not have earnings to cover the interest expense.

BigBear.ai Holdings's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, BigBear.ai Holdings's Interest Expense was $-3.6 Mil. Its Operating Income was $-11.1 Mil. And its Long-Term Debt & Capital Lease Obligation was $206.1 Mil.

BigBear.ai Holdings did not have earnings to cover the interest expense.

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

BigBear.ai Holdings (NYSE:BBAI) 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 .

BigBear.ai Holdings Interest Coverage Related Terms

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

BigBear.ai Holdings (BigBear.ai Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » BigBear.ai Holdings Inc (NYSE:BBAI) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

28K1:Germany

Address

6811 Benjamin Franklin Drive, Suite 200, Columbia, MD, USA, 21046

Website

https://www.bigbear.ai

BigBear.ai Holdings Inc is a technology-led solutions organization, that provides both software and services to its customers. Its AI-powered decision intelligence solutions are leveraged in three markets; supply chains & logistics, autonomous systems, and cybersecurity. It operates in two segments; Cyber & Engineering segment provides high-end technology and management consulting services to its customers, focusing on cloud engineering and enterprise IT, cybersecurity, computer network operations, and wireless, systems engineering, as well as program planning, and Analytics segment provides high-end technology and consulting services to its customers, focusing on data computing and analytical solutions, including predictive and prescriptive analytics solutions.

Executives

Avi S Katz	director	C/O GIGCAPITAL, INC., 3000 EL CAMINO REAL, BLDG 4, SUITE 232, PALO ALTO CA 94306
Raluca Dinu	director	C/O GIGCAPITAL2, INC., 2479 E. BAYSHORE RD., SUITE 200, PALO ALTO CA 94303
Pamela Joyce Braden	director	1731 EMBARCADERO RD., SUITE 200, PALO ALTO CA 94303
Ae Industrial Partners Fund Ii Gp, Lp	10 percent owner	2500 N. MILITARY TRAIL, SUITE 470, BOCA RATON FL 33431
Norm Laudermilch	officer: Chief Operating Officer	6811 BENJAMIN FRANKLIN DRIVE, SUITE 200, COLUMBIA MD 21046
Joshua Lane Kinley	officer: Chief Financial Officer	1731 EMBARCADERO RD., SUITE 200, PALO ALTO CA 94303
Amanda Long	director, officer: Chief Executive Officer	1731 EMBARCADERO ROAD, SUITE 200, PALO ALTO CA 94303
Julie Peffer	officer: Chief Financial Officer	1731 EMBARCADERO RD, SUITE 200, PALO ALTO CA 94303
Carolyn Blankenship	officer: General Counsel and Secretary	1731 EMBARCADERO RD, SUITE 200, PALO ALTO CA 94303
Ae Industrial Partners Fund Ii, Lp	10 percent owner	2500 N. MILITARY TRAIL, SUITE 470, BOCA RATON FL 33431
Ae Industrial Partners Fund Ii-a, Lp	10 percent owner	2500 N. MILITARY TRAIL, SUITE 470, BOCA RATON FL 33431
Ae Industrial Partners Fund Ii-b, Lp	10 percent owner	2500 N. MILITARY TRAIL, SUITE 470, BOCA RATON FL 33431
Dorothy D Hayes	director	P.O. BOX 7850, ., MOUNTAIN VIEW CA 94039-7850
Michael Robert Greene	10 percent owner	2500 N. MILITARY TRAIL, SUITE 470, BOCA RATON FL 33431
Ae Bbai Aggregator, Lp	10 percent owner	1731 EMBARCADERO RD., SUITE 200, PALO ALTO CA 94303