Coursera (FRA:90E) Interest Coverage : No Debt ⁽¹⁾ (As of Mar. 2024)

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What is Coursera 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. Coursera's Operating Income for the three months ended in Mar. 2024 was €-25.4 Mil. Coursera's Interest Expense for the three months ended in Mar. 2024 was €0.0 Mil. Coursera has no debt. 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. Coursera Inc has enough cash to cover all of its debt. Its financial situation is stable.

(1) 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.

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

FRA:90E's Interest Coverage is not ranked ^*
in the Education industry.
Industry Median: 15.51
* 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.

Coursera Interest Coverage Historical Data

The historical data trend for Coursera'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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Coursera Interest Coverage Chart

Coursera Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

N/A

Coursera Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Coverage	Get a 7-Day Free Trial													N/A	N/A	N/A	N/A	No Debt

Competitive Comparison of Coursera's Interest Coverage

For the Education & Training Services subindustry, Coursera'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.

Coursera's Interest Coverage Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Coursera's Interest Coverage distribution charts can be found below:

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

Coursera 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.

Coursera'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, Coursera's Interest Expense was €0.0 Mil. Its Operating Income was €-138.8 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.0 Mil.

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

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

Here, for the three months ended in Mar. 2024, Coursera's Interest Expense was €0.0 Mil. Its Operating Income was €-25.4 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.0 Mil.

Coursera had no debt ⁽¹⁾.

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

Coursera (FRA:90E) 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 .

Coursera Interest Coverage Related Terms

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

Coursera (FRA:90E) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Coursera Inc (FRA:90E) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

COUR:USA 90E:Germany

Address

381 E. Evelyn Avenue, Mountain View, CA, USA, 94041

Website

https://www.coursera.org

Coursera Inc is an online learning platform that connects learners, educators, and institutions with the goal of providing world-class educational content that is affordable, accessible, and relevant. It combines content, data, and technology into a single, unified platform that is customizable and extensible to both individual learners and institutions. The platform will contain a catalog of high-quality content and credentials, content developed by university and industry partners, data and machine learning drive personalized Learning, effective marketing, and skills Benchmarking and others. The company operates through three reporting segments: Consumer, Enterprise, and Degrees. Majority of revenue is generated from Consumer segment.

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Coursera (FRA:90E) Interest Coverage : No Debt (1) (As of Mar. 2024)