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Xilinx (Xilinx) Interest Coverage : 30.18 (As of Dec. 2021)


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What is Xilinx 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. Xilinx's Operating Income for the three months ended in Dec. 2021 was $310 Mil. Xilinx's Interest Expense for the three months ended in Dec. 2021 was $-10 Mil. Xilinx's interest coverage for the quarter that ended in Dec. 2021 was 30.18. The higher the ratio, the stronger the company's financial strength is.

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

XLNX' s Interest Coverage Range Over the Past 10 Years
Min: 10.55   Med: 14.03   Max: 21.85
Current: 21.85


XLNX's Interest Coverage is not ranked
in the Semiconductors industry.
Industry Median: 20.41 vs XLNX: 21.85

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


Xilinx Interest Coverage Historical Data

The historical data trend for Xilinx'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.

Xilinx Interest Coverage Chart

Xilinx Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.09 15.69 18.09 20.60 14.03

Xilinx Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 12.12 14.71 20.47 24.31 30.18

Competitive Comparison of Xilinx's Interest Coverage

For the Semiconductors subindustry, Xilinx'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.


Xilinx's Interest Coverage Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Xilinx's Interest Coverage distribution charts can be found below:

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



Xilinx 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.

Xilinx's Interest Coverage for the fiscal year that ended in Mar. 2021 is calculated as

Here, for the fiscal year that ended in Mar. 2021, Xilinx's Interest Expense was $-54 Mil. Its Operating Income was $753 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,493 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2021 )/Interest Expense (A: Mar. 2021 )
=-1*753.139/-53.689
=14.03

Xilinx's Interest Coverage for the quarter that ended in Dec. 2021 is calculated as

Here, for the three months ended in Dec. 2021, Xilinx's Interest Expense was $-10 Mil. Its Operating Income was $310 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,494 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2021 )/Interest Expense (Q: Dec. 2021 )
=-1*310.114/-10.277
=30.18

* 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.


Xilinx  (NAS:XLNX) 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 .


Xilinx Interest Coverage Related Terms

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


Xilinx (Xilinx) Business Description

Traded in Other Exchanges
N/A
Address
2100 Logic Drive, San Jose, CA, USA, 95124
Founded in 1984, Xilinx is the leader in FPGAs by market share. Its chips are critical in the performance of various devices in the communications, data processing, industrial, consumer, and automotive markets. Xilinx designs and sells FPGAs, but it outsources manufacturing to third-party chip foundries such as TSMC.
Executives
Mark Wadlington officer: SVP, Global Sales 215 MOFFETT PARK DRIVE, SUNNYVALE CA 94089
Vincent Tong officer: Executive Vice President 2100 LOGIC DRIVE SAN JOSE CA 95124
William Christopher Madden officer: EVP, FPGA & Silicon Tech 2100 ALL PROGRAMMABLE DRIVE SAN JOSE CA 95124
Catia Hagopian officer: Sr. VP General Counsel 2100 LOGIC DRIVE SAN JOSE CA 95124
Vamsi Boppana officer: SVP, Central Engineering 2100 LOGIC DRIVE SAN JOSE CA 95124
Salil Raje officer: EVP, Software and IP Products 2100 ALL PROGRAMMABLE DRIVE SAN JOSE CA 95124
Sumeet Gagneja officer: CVP & Principal Acct Officer 160 RIO ROBLES SAN JOSE CA 95134
Thomas H Lee director 2100 LOGIC DRIVE SAN JOSE CA 95124
Marshall C Turner director 220 MONTGOMERY ST, PENTHOUSE 10, SAN FRANCISCO CA 94104
Raman Chitkara director 2100 LOGIC DRIVE, SAN JOSE CA 95124
Saar Gillai director 200 FLYNN ROAD, CAMARILLO CA 93012
Mary L Krakauer director 176 SOUTH STREET, HOPKINTON MA 01748
John Michael Patterson director 2100 LOGIC DRIVE SAN JOSE CA 95124
Jon A Olson director 2100 LOGIC DRIVE, SAN JOSE CA 95124
Ronald Steven Jankov director 3875 FREEDOM CIRCLE, SUITE 900, SANTA CLARA CA 95054

Xilinx (Xilinx) Headlines

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