GURUFOCUS.COM » STOCK LIST » Technology » Software » Momentive Global Inc (NAS:MNTV) » Definitions » Interest Coverage

Momentive Global (Momentive Global) Interest Coverage : 0 (At Loss) (As of Mar. 2023)


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

What is Momentive Global 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. Momentive Global's Operating Income for the three months ended in Mar. 2023 was $-14.1 Mil. Momentive Global's Interest Expense for the three months ended in Mar. 2023 was $-4.1 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 Momentive Global's Interest Coverage or its related term are showing as below:


MNTV's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 29.36
* 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.


Momentive Global Interest Coverage Historical Data

The historical data trend for Momentive Global'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.

Momentive Global Interest Coverage Chart

Momentive Global Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Coverage
Get a 7-Day Free Trial - - - - -

Momentive Global Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 - - - 0.02 -

Competitive Comparison of Momentive Global's Interest Coverage

For the Software - Application subindustry, Momentive Global'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.


Momentive Global's Interest Coverage Distribution in the Software Industry

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

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



Momentive Global 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.

Momentive Global's Interest Coverage for the fiscal year that ended in Dec. 2022 is calculated as

Here, for the fiscal year that ended in Dec. 2022, Momentive Global's Interest Expense was $-11.5 Mil. Its Operating Income was $-74.8 Mil. And its Long-Term Debt & Capital Lease Obligation was $222.5 Mil.

Momentive Global did not have earnings to cover the interest expense.

Momentive Global's Interest Coverage for the quarter that ended in Mar. 2023 is calculated as

Here, for the three months ended in Mar. 2023, Momentive Global's Interest Expense was $-4.1 Mil. Its Operating Income was $-14.1 Mil. And its Long-Term Debt & Capital Lease Obligation was $220.3 Mil.

Momentive Global 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.


Momentive Global  (NAS:MNTV) 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 .


Momentive Global Interest Coverage Related Terms

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


Momentive Global (Momentive Global) Business Description

Traded in Other Exchanges
N/A
Address
One Curiosity Way, San Mateo, CA, USA, 94403
Momentive Global Inc, formerly SVMK Inc is a United States based company. It is engaged in providing survey software products and purpose-built solutions that enable organizations to engage with their key constituents, including their customers, employees and the markets they serve. It offers a cloud-based SaaS platform that helps individuals and organizations design and distribute surveys. Products offered by the company enable individuals and organizations of all sizes to collect and analyze People Powered Data.
Executives
Legion Partners Holdings, Llc director 12121 WILSHIRE BLVD., SUITE 1240, LOS ANGELES CA 90025
Sagar Gupta director C/O MOMENTIVE GLOBAL INC., ONE CURIOSITY WAY, SAN MATEO CA 94403
Raymond T. White director 12121 WILSHIRE BLVD., SUITE 1240, LOS ANGELES CA 90025
Legion Partners, Llc director 12121 WILSHIRE BLVD., SUITE 1240, LOS ANGELES CA 90025
Legion Partners, L.p. Ii director 12121 WILSHIRE BLVD., SUITE 1240, LOS ANGELES CA 90025
Legion Partners, L.p. I director 12121 WILSHIRE BLVD., SUITE 1240, LOS ANGELES CA 90025
Legion Partners Asset Management, Llc director 12121 WILSHIRE BLVD., SUITE 1240, LOS ANGELES CA 90025
Christopher S Kiper director 12121 WILSHIRE BLVD, SUITE 1240, LOS ANGELES CA 90025
Legion Partners Special Opportunities, L.p. Xvii director 12121 WILSHIRE BLVD., SUITE 1240, LOS ANGELES CA 90025
Clarence Ewell officer: Chief Customer Officer C/O MOMENTIVE GLOBAL INC., ONE CURIOSITY WAY, SAN MATEO CA 94403
Alexander J Lurie director, officer: Chief Executive Officer 235 SECOND STREET, SAN FRANCISCO CA 94105
Rebecca Cantieri officer: Chief People Officer C/O SVMK INC., ONE CURIOSITY WAY, SAN MATEO CA 94403
Lora D Blum officer: Sr VP, Gen Counsel & Secretary C/O SVMK INC., ONE CURIOSITY WAY, SAN MATEO CA 94403
Priyanka Carr officer: Chief Operating Officer C/O MOMENTIVE GLOBAL INC., ONE CURIOSITY WAY, SAN MATEO CA 94403
Cherie Buntyn officer: Chief Accounting Officer C/O MOMENTIVE GLOBAL INC., ONE CURIOSITY WAY, SAN MATEO CA 94403

Momentive Global (Momentive Global) Headlines