GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » DoorDash Inc (NAS:DASH) » Definitions » Interest Coverage

DoorDash (DoorDash) Interest Coverage : N/A (As of Dec. 2023)


View and export this data going back to 2020. Start your Free Trial

What is DoorDash 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. DoorDash's Operating Income for the three months ended in Dec. 2023 was $-89 Mil. DoorDash's Interest Expense for the three months ended in Dec. 2023 was $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.

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


DASH's Interest Coverage is not ranked *
in the Interactive Media industry.
Industry Median: 34.915
* 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.


DoorDash Interest Coverage Historical Data

The historical data trend for DoorDash'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.

DoorDash Interest Coverage Chart

DoorDash Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial N/A - - - N/A

DoorDash Quarterly Data
Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - N/A N/A N/A

Competitive Comparison of DoorDash's Interest Coverage

For the Internet Content & Information subindustry, DoorDash'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.


DoorDash's Interest Coverage Distribution in the Interactive Media Industry

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

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



DoorDash 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.

DoorDash'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, DoorDash's Interest Expense was $0 Mil. Its Operating Income was $-577 Mil. And its Long-Term Debt & Capital Lease Obligation was $454 Mil.

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

DoorDash's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, DoorDash's Interest Expense was $0 Mil. Its Operating Income was $-89 Mil. And its Long-Term Debt & Capital Lease Obligation was $454 Mil.

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

* 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.


DoorDash  (NAS:DASH) 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 .


DoorDash Interest Coverage Related Terms

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


DoorDash (DoorDash) Business Description

Traded in Other Exchanges
Address
303 2nd Street, South Tower, 8th Floor, San Francisco, CA, USA, 94107
Founded in 2013 and headquartered in San Francisco, DoorDash is an online food order demand aggregator. Consumers can use its app to order food on-demand for pickup or delivery from merchants mainly in the U.S. Through the acquisition of Wolt in 2022, the firm also provides this service in Europe. DoorDashprovides a marketplace for the merchants to create a presence online, market their offerings, and meet demand by making the offerings available for pickup or delivery. The firm provides similar service to businesses in addition to restaurants, such as grocery, retail, pet supplies, and flowers. In 2022, the firm generated $53.4 billion in gross order volume (up 27% year over year) and $6.6 billion in revenue (up 35%).
Executives
Andy Fang director, 10 percent owner C/O DOORDASH, INC., 303 2ND STREET, SOUTH TOWER, 8TH FLOOR, SAN FRANCISCO CA 94107
Tony Xu director, 10 percent owner, officer: Chief Executive Officer C/O DOORDASH, INC., 303 2ND STREET, SOUTH TOWER, 8TH FLOOR, SAN FRANCISCO CA 94107
Stanley Tang director, 10 percent owner C/O DOORDASH, INC., 303 2ND STREET, SOUTH TOWER, 8TH FLOOR, SAN FRANCISCO CA 94107
Shona L Brown director 1600 AMIPHITHEATRE PARKWAY, BUILDING 41, MOUNTAIN VIEW CA 94043
Tia Sherringham officer: General Counsel and Secretary 303 2ND STREET, SOUTH TOWER 8TH FLOOR, SAN FRANCISCO CA 94107
Prabir Adarkar officer: Chief Financial Officer C/O DOORDASH, INC., 303 2ND STREET, SOUTH TOWER, 8TH FLOOR, SAN FRANCISCO CA 94107
Keith Yandell officer: Chief Business & Legal Officer C/O DOORDASH, INC., 303 2ND STREET, SOUTH TOWER, 8TH FLOOR, SAN FRANCISCO CA 94107
Ravi Inukonda officer: Chief Financial Officer 6260 LOOKOUT ROAD, BOULDER CO 94040
Gordon S Lee officer: Chief Accounting Officer 303 2ND STREET, SOUTH TOWER, 8TH FLOOR, SAN FRANCISCO CA 94107
Ashley Still director 303 2ND STREET, SOUTH TOWER 8TH FLOOR, SAN FRANCISCO CA 94107
Stanley J Meresman director 2071 HUNTINGTON LANE, LOS ALTOS CA 94024
Diego Piacentini director 303 2ND STREET, SOUTH TOWER, 8TH FLOOR, SAN FRANCISCO CA 94107
Christopher D Payne officer: Chief Operating Officer 1250 N. ARLINGTON HEIGHTS RD, STE 500, ITASCA IL 60143
Sequoia Capital Fund Parallel, Llc 10 percent owner 2800 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Elinor Mertz director 303 2ND STREET, SOUTH TOWER 8TH FLOOR, SAN FRANCISCO CA 94107