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

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


View and export this data going back to 2018. Start your Free Trial

What is EverQuote 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. EverQuote's Operating Income for the three months ended in Dec. 2023 was $-6.8 Mil. EverQuote's Interest Expense for the three months ended in Dec. 2023 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. EverQuote Inc has enough cash to cover all of its debt. Its financial situation is stable.

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


EVER's Interest Coverage is not ranked *
in the Interactive Media industry.
Industry Median: 36.975
* 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.


EverQuote Interest Coverage Historical Data

The historical data trend for EverQuote'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.

EverQuote Interest Coverage Chart

EverQuote Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial No Debt N/A N/A N/A N/A

EverQuote Quarterly Data
Mar19 Jun19 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 Premium Member Only N/A N/A N/A N/A N/A

Competitive Comparison of EverQuote's Interest Coverage

For the Internet Content & Information subindustry, EverQuote'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.


EverQuote's Interest Coverage Distribution in the Interactive Media Industry

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

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



EverQuote 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.

EverQuote'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, EverQuote's Interest Expense was $0.0 Mil. Its Operating Income was $-28.6 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.1 Mil.

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

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

Here, for the three months ended in Dec. 2023, EverQuote's Interest Expense was $0.0 Mil. Its Operating Income was $-6.8 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.1 Mil.

GuruFocus does not calculate EverQuote'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.


EverQuote  (NAS:EVER) 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 .


EverQuote Interest Coverage Related Terms

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


EverQuote (EverQuote) Business Description

Traded in Other Exchanges
Address
210 Broadway, Cambridge, MA, USA, 02139
EverQuote Inc is engaged in the business activity of offering an online marketplace for insurance shopping. The online marketplace offers consumers to find relevant insurance quotes based on car insurance, home insurance, and life insurance. The platform of the company is driven by data science. The firm's data and technology platform match and connects consumers seeking to purchase insurance with relevant options from its broad direct network of insurance providers. It derives a majority of revenue from Direct channels.
Executives
Joseph Sanborn officer: Chief Financial Officer C/O EVERQUOTE, INC., 210 BROADWAY, CAMBRIDGE MA 02139
David Brainard officer: Chief Technology Officer 201 BROADWAY, SUITE 401, CAMBRIDGE MA 02139
Jon Ayotte officer: Chief Accounting Officer C/O EVERQUOTE, INC., 210 BROADWAY, CAMBRIDGE MA 02139
Paul F Deninger director C/O JEFFERIES & CO., 1050 WINTER STREET, WALTHAM MA 02451
Jayme Mendal officer: Chief Revenue Officer 210 BROADWAY, CAMBRIDGE MA 02139
Darryl Auguste officer: See Remarks 210 BROADWAY, CAMBRIDGE MA 02139
John L. Shields director 210 BROADWAY, CAMBRIDGE MA 02139
John Brandon Wagner officer: See Remarks 210 BROADWAY, CAMBRIDGE MA 02139
Julia Brncic officer: General Counsel 210 BROADWAY, CAMBRIDGE MA 02139
David W Mason officer: General Counsel and Secretary 210 BROADWAY, CAMBRIDGE MA 02139
Nicholas Graham officer: Chief Revenue Officer 210 BROADWAY, CAMBRIDGE MA 02139
Tomas Jr Revesz officer: Chief Technology Officer 210 BROADWAY, CAMBRIDGE MA 02139
David B Blundin director, 10 percent owner C/O MICROSTRATEGY INC, 1861 INTERNATIONAL DR, MCLEAN VA 22102
George R Neble director 210 BROADWAY, CAMBRIDGE MA 02139
Elyse Neumeier officer: Chief People Officer 210 BROADWAY, CAMBRIDGE MA 02139

EverQuote (EverQuote) Headlines

From GuruFocus

EverQuote to Participate in Upcoming Investor Conferences

By PurpleRose PurpleRose 07-15-2022

EverQuote to Participate in Upcoming Investor Conferences

By GuruFocusNews GuruFocusNews 07-05-2022

EverQuote to Participate at the 25th Annual Needham Growth Conference

By Stock market mentor Stock market mentor 01-03-2023

EverQuote to Participate in Upcoming Investor Conferences

By GuruFocusNews GuruFocusNews 06-05-2022

EverQuote to Participate in Upcoming Investor Conferences

By GuruFocusNews GuruFocusNews 05-05-2022

EverQuote to Participate in Upcoming Investor Conferences

By Stock market mentor Stock market mentor 01-31-2023