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


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What is BigCommerce 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. BigCommerce Holdings's Operating Income for the three months ended in Mar. 2024 was $-7.9 Mil. BigCommerce Holdings's Interest Expense for the three months ended in Mar. 2024 was $-0.2 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 BigCommerce Holdings's Interest Coverage or its related term are showing as below:


BIGC's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 28.885
* 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.


BigCommerce Holdings Interest Coverage Historical Data

The historical data trend for BigCommerce 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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BigCommerce Holdings Interest Coverage Chart

BigCommerce Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
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BigCommerce Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of BigCommerce Holdings's Interest Coverage

For the Software - Application subindustry, BigCommerce 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.


BigCommerce Holdings's Interest Coverage Distribution in the Software Industry

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

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



BigCommerce 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.

BigCommerce 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, BigCommerce Holdings's Interest Expense was $-0.9 Mil. Its Operating Income was $-55.8 Mil. And its Long-Term Debt & Capital Lease Obligation was $347.2 Mil.

BigCommerce Holdings did not have earnings to cover the interest expense.

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

Here, for the three months ended in Mar. 2024, BigCommerce Holdings's Interest Expense was $-0.2 Mil. Its Operating Income was $-7.9 Mil. And its Long-Term Debt & Capital Lease Obligation was $347.0 Mil.

BigCommerce Holdings 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.


BigCommerce Holdings  (NAS:BIGC) 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 .


BigCommerce Holdings Interest Coverage Related Terms

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


BigCommerce Holdings (BigCommerce Holdings) Business Description

Traded in Other Exchanges
Address
11305 Four Points Drive, Suite 100, Building II, Austin, TX, USA, 78726
BigCommerce Holdings Inc is engaged in offering Software-as-a-service (SaaS) e-commerce platform. The company's SaaS platform engages in the creation of online stores by delivering a combination of ease-of-use, enterprise functionality, and flexibility. It powers both the customers' branded ecommerce stores and their cross-channel connections to popular online marketplaces, social networks, and offline point-of-sale systems. The group operates in a single segment covering geographical areas of Americas-U.S.; Americas-other; EMEA; and APAC, of which a majority of revenue is generated from Americas-U.S.
Executives
Jeffrey Gordon Richards director 3000 SAND HILL ROAD, BUILDING 4, SUITE 230, MENLO PARK CA 94025
Steven Chung officer: President 11305 FOUR POINTS DR., BLDG. 2, SUITE 100, AUSTIN TX 78726
Lisa Pearson officer: Chief Marketing Officer 11305 FOUR POINTS DRIVE, BUILDING II, SUITE 100, AUSTIN TX 78726
Daniel Lentz officer: Chief Financial Officer 11305 FOUR POINT DRIVE, BUILDING II, SUITE 100, AUSTIN TX 78726
Hubert S Ban officer: Chief Accounting Officer 11305 FOUR POINTS DRIVE, BUILDING II, SUITE 100, AUSTIN TX 78726
Charles D Cassidy officer: General Counsel 11305 FOUR POINTS DRIVE, BUILDING II, SUITE 100, AUSTIN TX 78726
Brent Bellm director, officer: See Remarks 11305 FOUR POINTS DRIVE, BUILDING II, THIRD FLOOR, AUSTIN TX 78726
Brian Singh Dhatt officer: Chief Technology Officer 11305 FOUR POINTS DRIVE, BLDG. II, THIRD FLOOR, AUSTIN TX 78726
Jeff Mengoli officer: See Remarks 11305 FOUR POINTS DRIVE, BUILDING II, THIRD FLOOR, AUSTIN TX 78726
Russell Scott Klein officer: Chief Commercial Officer 11305 FOUR POINTS DRIVE, BUILDING II, THIRD FLOOR, AUSTIN TX 78726
Marc Ostryniec officer: Chief Sales Officer 11305 FOUR POINTS DRIVE, BUILDING II, THIRD FLOOR, AUSTIN TX 78726
Robert Kaloustian officer: Chief Services Officer 11305 FOUR POINTS DRIVE, BLDG II, THIRD FLOOR, AUSTIN TX 78726
Robert Alvarez officer: Chief Financial Officer 11305 FOUR POINTS DRIVE, BUILDING II, SUITE 100, AUSTIN TX 78726
Sarah Gilligan director 11305 FOUR POINTS DRIVE, BUILDING II, SUITE 100, AUSTIN TX 78726
Satish Malhotra director C/O CONTAINER STORE GROUP, INC., 550 FREEPORT PARKWAY, COPPELL TX 75019