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


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What is Aurora Innovation 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. Aurora Innovation's Operating Income for the three months ended in Dec. 2023 was $-198.00 Mil. Aurora Innovation's Interest Expense for the three months ended in Dec. 2023 was $0.00 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. Aurora Innovation Inc has enough cash to cover all of its debt. Its financial situation is stable.

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


AUR's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 29.35
* 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.


Aurora Innovation Interest Coverage Historical Data

The historical data trend for Aurora Innovation'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.

Aurora Innovation Interest Coverage Chart

Aurora Innovation Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
No Debt N/A N/A N/A N/A

Aurora Innovation Quarterly Data
Dec19 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 N/A N/A N/A N/A N/A

Competitive Comparison of Aurora Innovation's Interest Coverage

For the Information Technology Services subindustry, Aurora Innovation'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.


Aurora Innovation's Interest Coverage Distribution in the Software Industry

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

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



Aurora Innovation 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.

Aurora Innovation'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, Aurora Innovation's Interest Expense was $0.00 Mil. Its Operating Income was $-835.00 Mil. And its Long-Term Debt & Capital Lease Obligation was $107.00 Mil.

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

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

Here, for the three months ended in Dec. 2023, Aurora Innovation's Interest Expense was $0.00 Mil. Its Operating Income was $-198.00 Mil. And its Long-Term Debt & Capital Lease Obligation was $107.00 Mil.

GuruFocus does not calculate Aurora Innovation'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.


Aurora Innovation  (NAS:AUR) 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 .


Aurora Innovation Interest Coverage Related Terms

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


Aurora Innovation (Aurora Innovation) Business Description

Traded in Other Exchanges
N/A
Address
1654 Smallman Street, Pittsburgh, PA, USA, 15222
Aurora Innovation Inc is engaged in delivering self-driving technology safely, quickly, and broadly. The company designs and develops the Aurora Driver, which is the hardware, software, and data services that allow vehicles to drive themselves. Its flagship product, the Aurora Driver, is a platform that brings together software, hardware, and data services, to autonomously operate passenger vehicles, light commercial vehicles, and heavy-duty trucks. The company has partnered with industries across the transportation ecosystem including Toyota, Volvo, PACCAR, Uber, Uber Freight, FedEx, and U.S. Xpress. The company tests its vehicles in the Bay Area, Pittsburgh, and Texas and has offices in those areas as well as in Bozeman, MT; Seattle, WA; Louisville, CO; and Detroit, MI.
Executives
Sterling Anderson director C/O AURORA INNOVATION, INC., 280 N BERNARDO AVE CA 94042
David Maday officer: See Remarks 1654 SMALLMAN ST, PITTSBURGH PA 15222
Gloria R. Boyland director 6100 N. WESTERN AVENUE, OKLAHOMA CITY OK 73118
Ossa Fisher officer: President 1 FANATICAL PLACE, CITY OF WINDCREST, SAN ANTONIO TX 78218
Nolan Shenai officer: General Counsel and Secretary 1654 SMALLMAN ST,, PITTSBURGH PA 15222
Claire D'oyly-hughes Johnson director C/O AMERESCO, INC., 111 SPEEN STREET, STE. 401, FRAMINGHAM MA 01701-3812
Uber Technologies, Inc 10 percent owner 1515 3RD STREET, SAN FRANCISCO CA 94158
James Andrew Bagnell director C/O AURORA INNOVATION, INC., 280 N BERNARDO AVE, MOUNTAIN VIEW CA 94043
Christopher Urmson director, 10 percent owner, officer: See Remarks C/O AURORA INNOVATION, INC., 280 N BERNARDO AVE, MOUNTAIN VIEW CA 94043
Richard Tame officer: Vice President of Finance C/O AURORA INNOVATION, INC., 280 N BERNARDO AVE, MOUNTAIN VIEW CA 94043
William Mouat officer: See Remarks C/O AURORA INNOVATION, INC., 280 N BERNARDO AVE, MOUNTAIN VIEW CA 94043
Dara Khosrowshahi director C/O INTERACTIVE CORP, 152 WEST 57TH ST, NEW YORK NY 10019
Brittany Bagley director C/O SONOS, INC., 614 CHAPALA STREET, SANTA BARBARA CA 93101
Michelangelo Volpi director C/O HORTONWORKS, INC., 3640 W. BAYSHORE RD., PALO ALTO CA 94303
Carl M. Eschenbach director C/O SEQUOIA CAPITAL, 2800 SAND HILL ROAD, SUITE 101, PALO ALTO CA 94025