Validus Holdings (Validus Holdings) Interest Coverage : 1.79 (As of Jun. 2018)

Validus Holdings Interest Coverage Chart

Validus Holdings Annual Data
	Trend	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17
Interest Coverage		Get a 7-Day Free Trial					10.98	10.28	8.92	9.64	-

Validus Holdings Quarterly Data
	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18
Interest Coverage	Get a 7-Day Free Trial															12.24	-	-	5.94	1.79

Competitive Comparison of Validus Holdings's Interest Coverage

For the Insurance - Reinsurance subindustry, Validus Holdings'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.

Validus Holdings's Interest Coverage Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Validus Holdings's Interest Coverage distribution charts can be found below:

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

Validus Holdings 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 EBIT is positive, then

Else if Interest Expense is negative and EBIT is negative, then

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Validus Holdings's Interest Coverage for the fiscal year that ended in Dec. 2017 is calculated as

Here, for the fiscal year that ended in Dec. 2017, Validus Holdings's Interest Expense was $-56.64 Mil. Its EBIT was $-372.77 Mil. And its Long-Term Debt & Capital Lease Obligation was $2,099.09 Mil.

Validus Holdings's Interest Coverage for the quarter that ended in Jun. 2018 is calculated as

Here, for the three months ended in Jun. 2018, Validus Holdings's Interest Expense was $-14.07 Mil. Its EBIT was $25.21 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,991.09 Mil.

* 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.

Validus Holdings  (NYSE:VRpBCL.PFD) 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 .

Validus Holdings Interest Coverage Related Terms

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

Validus Holdings (Validus Holdings) Business Description