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CrowdStrike Holdings (CrowdStrike Holdings) Interest Coverage : 4.62 (As of Jan. 2024)


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What is CrowdStrike Holdings 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. CrowdStrike Holdings's Operating Income for the three months ended in Jan. 2024 was $30 Mil. CrowdStrike Holdings's Interest Expense for the three months ended in Jan. 2024 was $-6 Mil. CrowdStrike Holdings's interest coverage for the quarter that ended in Jan. 2024 was 4.62. The higher the ratio, the stronger the company's financial strength is.

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


CRWD'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.


CrowdStrike Holdings Interest Coverage Historical Data

The historical data trend for CrowdStrike Holdings'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.

CrowdStrike Holdings Interest Coverage Chart

CrowdStrike Holdings Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Interest Coverage
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CrowdStrike Holdings Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 - - - 0.49 4.62

Competitive Comparison of CrowdStrike Holdings's Interest Coverage

For the Software - Infrastructure subindustry, CrowdStrike 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.


CrowdStrike Holdings's Interest Coverage Distribution in the Software Industry

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

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



CrowdStrike 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 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.

CrowdStrike Holdings's Interest Coverage for the fiscal year that ended in Jan. 2024 is calculated as

Here, for the fiscal year that ended in Jan. 2024, CrowdStrike Holdings's Interest Expense was $-26 Mil. Its Operating Income was $-2 Mil. And its Long-Term Debt & Capital Lease Obligation was $779 Mil.

CrowdStrike Holdings did not have earnings to cover the interest expense.

CrowdStrike Holdings's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

Here, for the three months ended in Jan. 2024, CrowdStrike Holdings's Interest Expense was $-6 Mil. Its Operating Income was $30 Mil. And its Long-Term Debt & Capital Lease Obligation was $779 Mil.

Interest Coverage=-1* Operating Income (Q: Jan. 2024 )/Interest Expense (Q: Jan. 2024 )
=-1*29.671/-6.422
=4.62

* 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.


CrowdStrike Holdings  (NAS:CRWD) 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 .


CrowdStrike Holdings Interest Coverage Related Terms

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


CrowdStrike Holdings (CrowdStrike Holdings) Business Description

Traded in Other Exchanges
Address
206 E. 9th Street, Suite 1400, Austin, TX, USA, 78701
CrowdStrike is a cloud-based cybersecurity company specializing in next-generation endpoint and cloud workload protection. CrowdStrike's primary offering is its Falcon platform that offers a proverbial single pane of glass for an enterprise to detect and respond to security threats attacking its IT infrastructure. The Texas-based firm was founded in 2011 and went public in 2019.
Executives
Michael Sentonas officer: PRESIDENT C/O CROWDSTRIKE, INC., 206 E. 9TH STREET, SUITE 1400, AUSTIN TX 78701
George Kurtz director, 10 percent owner, officer: PRESIDENT AND CEO CROWDSTRIKE HOLDINGS, INC., 150 MATHILDA PLACE, SUITE 300, SUNNYVALE CA 94086
Sameer K Gandhi director, 10 percent owner
Anurag Saha officer: CHIEF ACCOUNTING OFFICER 206 E. 9TH STREET, SUITE 1400, AUSTIN TX 78701
Shawn Henry officer: Please see remarks CROWDSTRIKE HOLDINGS, INC., 150 MATHILDA PLACE, SUITE 300, SUNNYVALE CA 94086
Burt W. Podbere officer: CHIEF FINANCIAL OFFICER CROWDSTRIKE HOLDINGS, INC., 150 MATHILDA PLACE, SUITE 300, SUNNYVALE CA 94086
Denis Oleary director 40 MORRIS LANE, SCARSDALE NY 10583
Godfrey Sullivan director SPLUNK INC., 250 BRANNAN STREET, SAN FRANCISCO CA 94107
Roxanne S Austin director 200 N SEPULVEDA BLVD, PO BOX 956 MS ES/001/A102, EL SEGUNDO CA 90245
Johanna Flower director C/O FRESHWORKS INC., 2950 S DELAWARE STREET, SUITE 201, SAN MATEO CA 94403
Gerhard Watzinger director 2821 TARFLOWER WAY, NAPLES FL 34105
Michael J. Carpenter officer: PRES., GLBAL SALES & FLD OPS CROWDSTRIKE HOLDINGS, INC., 150 MATHILDA PLACE, SUITE 300, SUNNYVALE CA 94086
Black Colin officer: CHIEF OPERATING OFFICER CROWDSTRIKE HOLDINGS, INC., 150 MATHILDA PLACE, SUITE 300, SUNNYVAL CA 94086
Abhishek Maheshwari officer: CHIEF ACCOUNTING OFFICER CROWDSTRIKE HOLDINGS, INC., 150 MATHILDA PLACE, SUITE 300, SUNNYVALE CA 94086
Cary Davis director C/O WARBURG PINCUS LLC, 450 LEXINGTON AVENUE, NEW YORK NY 10017