CS Disco (CS Disco) Interest Coverage : 0 (At Loss) (As of Mar. 2024)

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What is CS Disco 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. CS Disco's Operating Income for the three months ended in Mar. 2024 was $-12.3 Mil. CS Disco'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 CS Disco's Interest Coverage or its related term are showing as below:

LAW's Interest Coverage is not ranked ^*
in the Software industry.
Industry Median: 28.88
* 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.

CS Disco Interest Coverage Historical Data

The historical data trend for CS Disco'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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CS Disco Interest Coverage Chart

CS Disco Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

CS Disco 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	-	-	-

Competitive Comparison of CS Disco's Interest Coverage

For the Software - Application subindustry, CS Disco'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.

CS Disco's Interest Coverage Distribution in the Software Industry

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

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

CS Disco 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.

CS Disco'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, CS Disco's Interest Expense was $-0.2 Mil. Its Operating Income was $-49.8 Mil. And its Long-Term Debt & Capital Lease Obligation was $7.3 Mil.

CS Disco did not have earnings to cover the interest expense.

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

Here, for the three months ended in Mar. 2024, CS Disco's Interest Expense was $-0.2 Mil. Its Operating Income was $-12.3 Mil. And its Long-Term Debt & Capital Lease Obligation was $6.9 Mil.

CS Disco did not have earnings to cover the interest expense.

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

CS Disco (NYSE:LAW) 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 .

CS Disco Interest Coverage Related Terms

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

CS Disco (CS Disco) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » CS Disco Inc (NYSE:LAW) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

111 Congress Avenue, Suite 900, Austin, TX, USA, 78701

Website

https://www.csdisco.com

CS Disco Inc provides a cloud-native, artificial intelligence-powered legal solution that simplifies discovery, legal document review, and case management for enterprises, law firms, legal services providers, and governments. Its revenue-generating activities directly relate to the sale and support of legal solutions. It has two primary types of contractual arrangements: usage-based and subscription solutions. The usage-based revenue is derived from contracts under which customers are billed monthly based on their usage. Subscription revenue is derived from contracts where customers are contractually committed to a minimum data volume over a period of time.

Executives

Michael Lafair	officer: Chief Financial Officer	C/O CS DISCO, INC., 3700 N. CAPITAL OF TEXAS HWY, SUITE 150, AUSTIN TX 78746
Kevin Joseph Smith	officer: EVP, Chief Product Officer	C/O CS DISCO, INC., 3700 N. CAPITAL OF TEXAS HWY, STE 150, AUSTIN TX 78746
James Offerdahl	director	11501 DOMAIN DRIVE, SUITE 200, AUSTIN TX 78758
Keith Zoellner	officer: Chief Technology Officer	C/O CS DISCO, INC., 3700 N. CAPITAL OF TEXAS HWY, SUITE 150, AUSTIN TX 78746
Susan L Blount	director	C/O PRUDENTIAL FINANCIAL, INC, 751 BROAD STREET, FOURTH FLOOR, NEWARK NJ 07102
Andrew Shimek	officer: Chief Revenue Officer	C/O CS DISCO, INC., 3700 N. CAPITAL OF TEXAS HWY, SUITE 150, AUSTIN TX 02116
Kiwi Camara	director, officer: Chief Executive Officer	C/O CS DISCO, INC., 3700 N. CAPITAL OF TEXAS HWY, STE 150, AUSTIN TX 78746
Bessemer Venture Partners Viii L.p.	10 percent owner	1865 PALMER AVENUE, LARCHMONT NY 01538
Bessemer Venture Partners Viii Institutional L.p.	10 percent owner	1865 PALMER AVENUE, LARCHMONT NY 01538
Deer Viii & Co. L.p.	10 percent owner	C/O BESSEMER VENTURE PARTNERS, 1865 PALMER AVENUE, LARCHMONT NY 10538
Deer Viii & Co. Ltd.	10 percent owner	C/O BESSEMER VENTURE PARTNERS, 1865 PALMER AVENUE, LARCHMONT NY 10538
Stephens Group, Llc	10 percent owner	100 RIVER BLUFF DRIVE, SUITE 500, LITTLE ROCK AR 72202
Robert P Goodman	director	1865 PALMER AVENUE, SUITE 104, LARCHMONT NY 10538
Lovp Sbic Management Services, Llc	10 percent owner	805 LAS CIMAS PARKWAY SUITE 125, AUSTIN CA 78746
Krishna Srinivasan	director, 10 percent owner	4030 W. BRAKER LANE, BUILDING 2-100, AUSTIN TX 78759