NVEE has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
NVEE has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
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. NV5 Global's Operating Income for the three months ended in Dec. 2023 was $16.7 Mil. NV5 Global's Interest Expense for the three months ended in Dec. 2023 was $-3.9 Mil. NV5 Global's interest coverage for the quarter that ended in Dec. 2023 was 4.32. The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for NV5 Global's Interest Coverage or its related term are showing as below:
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
The historical data trend for NV5 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.
NV5 Global Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Interest Coverage | Get a 7-Day Free Trial | 13.72 | 2.91 | 10.95 | 17.38 | 4.72 |
NV5 Global Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Interest Coverage | Get a 7-Day Free Trial | 12.66 | 5.68 | 5.60 | 3.88 | 4.32 |
For the Engineering & Construction subindustry, NV5 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.
For the Construction industry and Industrials sector, NV5 Global's Interest Coverage distribution charts can be found below:
* The bar in red indicates where NV5 Global's Interest Coverage falls into.
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.
NV5 Global'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, NV5 Global's Interest Expense was $-13.0 Mil. Its Operating Income was $61.2 Mil. And its Long-Term Debt & Capital Lease Obligation was $205.5 Mil.
Interest Coverage | = | -1 | * | Operating Income (A: Dec. 2023 ) | / | Interest Expense (A: Dec. 2023 ) |
= | -1 | * | 61.18 | / | -12.97 | |
= | 4.72 |
NV5 Global's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as
Here, for the three months ended in Dec. 2023, NV5 Global's Interest Expense was $-3.9 Mil. Its Operating Income was $16.7 Mil. And its Long-Term Debt & Capital Lease Obligation was $205.5 Mil.
Interest Coverage | = | -1 | * | Operating Income (Q: Dec. 2023 ) | / | Interest Expense (Q: Dec. 2023 ) |
= | -1 | * | 16.683 | / | -3.859 | |
= | 4.32 |
* 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.
NV5 Global (NAS:NVEE) 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 .
Thank you for viewing the detailed overview of NV5 Global's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.
Maryjo O'brien | officer: Ex VP, Chief Admin & Secretary | 200 SOUTH PARK ROAD, SUITE 350, HOLLYWOOD FL 33021 |
Donald C Alford | director, officer: Executive VP | 646 SAN ANTONIO AVENUE, SAN DIEGO CA 92106 |
Richard Tong | officer: Exec VP and General Counsel | 200 SOUTH PARK ROAD, SUITE 350, HOLLYWOOD FL 33021 |
William D Pruitt | director | C/O KOS PHARMACEUTICALS, INC., 2200 N. COMMERCE PKWY., SUITE 300, WESTON FL 33326-3258 |
Brian C. Freckmann | director | 200 SOUTH PARK ROAD, SUITE 350, HOLLYWOOD FL 33021 |
Dickerson Wright | director, 10 percent owner, officer: CEO and President | 646 SAN ANTONIO AVENUE, SAN DIEGO CA 92106 |
Alexander A. Hockman | officer: Executive VP | 200 SOUTH PARK ROAD, SUITE 350, HOLLYWOOD FL 33021 |
Tardan Francois | director | 200 SOUTH PARK RD., SUITE 350, HOLLYWOOD FL 33021 |
Denise Dickins | director | 1867 TRAVIS CIRCLE, WEST PALM BEACH FL 33406 |
Michael John Renshaw | director | 200 SOUTH PARK ROAD, SUITE 350, HOLLYWOOD FL 33021 |
Laurie Catherine Conner | director | 200 SOUTH PARK ROAD, SUITE 350, HOLLYWOOD FL 33021 |
Gerald J. Salontai | director | 200 SOUTH PARK ROAD, SUITE 350, HOLLYWOOD FL 33021 |
Michael P Rama | officer: VP and CFO | C/O AVATAR HOLDINGS INC, 201 ALHAMBRA CIRCLE 12TH FLOOR, CORAL GABLES FL 33134 |
Edward H Codispoti | officer: CFO | 10255 SW 9TH TERRACE, MIAMI FL 33174 |
Jeffrey A. Liss | director | 200 SOUTH PARK ROAD, SUITE 350, HOLLYWOOD FL 33021 |
From GuruFocus
By Marketwired • 10-03-2023
By sperokesalga sperokesalga • 04-12-2023
By Marketwired • 07-27-2023
By sperokesalga sperokesalga • 05-25-2023
By sperokesalga sperokesalga • 04-13-2023
By GuruFocus Research • 11-02-2023
By sperokesalga sperokesalga • 06-14-2023
By Marketwired • 10-17-2023
By Marketwired • 07-25-2023
By sperokesalga sperokesalga • 02-21-2023
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.