e.l.f. Beauty (e.l.f. Beauty) Interest Coverage : 7.99 (As of Dec. 2023)

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What is e.l.f. Beauty 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. e.l.f. Beauty's Operating Income for the three months ended in Dec. 2023 was $31.8 Mil. e.l.f. Beauty's Interest Expense for the three months ended in Dec. 2023 was $-4.0 Mil. e.l.f. Beauty's interest coverage for the quarter that ended in Dec. 2023 was 7.99. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for e.l.f. Beauty's Interest Coverage or its related term are showing as below:

ELF' s Interest Coverage Range Over the Past 10 Years
Min: 1.88 Med: 3.72 Max: 24.61
Current: 24.61

ELF's Interest Coverage is ranked better than
69.76% of 1369 companies
in the Consumer Packaged Goods industry
Industry Median: 8.41 vs ELF: 24.61

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

e.l.f. Beauty Interest Coverage Historical Data

The historical data trend for e.l.f. Beauty'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.

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e.l.f. Beauty Interest Coverage Chart

e.l.f. Beauty Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Coverage

Get a 7-Day Free Trial

N/A

3.73

3.71

14.11

18.70

e.l.f. Beauty 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															50.30	4.64	N/A	N/A	7.99

Competitive Comparison of e.l.f. Beauty's Interest Coverage

For the Household & Personal Products subindustry, e.l.f. Beauty'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.

e.l.f. Beauty's Interest Coverage Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, e.l.f. Beauty's Interest Coverage distribution charts can be found below:

* The bar in red indicates where e.l.f. Beauty's Interest Coverage falls into.

e.l.f. Beauty 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.

e.l.f. Beauty's Interest Coverage for the fiscal year that ended in Mar. 2023 is calculated as

Here, for the fiscal year that ended in Mar. 2023, e.l.f. Beauty's Interest Expense was $-3.6 Mil. Its Operating Income was $68.1 Mil. And its Long-Term Debt & Capital Lease Obligation was $72.1 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Mar. 2023 )	/	Interest Expense (A: Mar. 2023 )
	=	-1	*	68.143	/	-3.644
	=	18.70

e.l.f. Beauty's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, e.l.f. Beauty's Interest Expense was $-4.0 Mil. Its Operating Income was $31.8 Mil. And its Long-Term Debt & Capital Lease Obligation was $186.1 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	31.836	/	-3.985
	=	7.99

The higher the ratio, the stronger the company's Financial Strength is.

e.l.f. Beauty (NYSE:ELF) 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 .

e.l.f. Beauty Interest Coverage Related Terms

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

e.l.f. Beauty (e.l.f. Beauty) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » e.l.f. Beauty Inc (NYSE:ELF) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

0EF:Germany 0EF:Germany

Address

570 10th Street, Oakland, CA, USA, 94607

Website

https://www.elfcosmetics.com

e.l.f. Beauty Inc is a cosmetic company based in the United States. The company offers cosmetic accessories for women which include eyeliner, mascara, false eyelashes, lipstick, the foundation for the face, moisturizer, cleanser, and other tools through its stores and e-commerce channels. The products that the company sells are marketed under the e.l.f. Cosmetics, W3LL PEOPLE and Keys Soulcare brands. It carries out the sales within the US and internationally, out of which maximum revenue is generated from the US.

Executives

Joshua Allen Franks	officer: SVP, Operations	C/O E.L.F. BEAUTY, INC., 570 10TH STREET, OAKLAND CA 94607
Scott Milsten	officer: See remarks	C/O E.L.F. BEAUTY, INC., 570 10TH STREET, OAKLAND CA 94607
Tarang Amin	director, 10 percent owner, officer: See remarks	C/O SCHIFF NUTRITION INTERNATIONAL, INC., 2002 SOUTH 5070 WEST, SALT LAKE CITY UT 84104
Richard G Wolford	director
Levitan Lauren Cooks	director	570 10TH STREET, OAKLAND CA 94607
Maureen C. Watson	director	570 10TH STREET, OAKLAND CA 94607
Beth M Pritchard	director	BORDERS GROUP INC, 100 PHOENIX DRIVE, ANN ARBOR MI 48108
Jennifer Catherine Hartnett	officer: Chief Commercial Officer	C/O E.L.F. BEAUTY, INC., 570 10TH STREET, OAKLAND CA 94607
Tiffany F. Daniele	director	C/O USHG ACQUISITION CORP., 853 BROADWAY, 17TH FLOOR, NEW YORK NY 10003
Mandy J Fields	officer: See Remarks	C/O E.L.F. BEAUTY, INC., 570 10TH STREET, OAKLAND CA 94607
Kory Marchisotto	officer: See Remarks	C/O E.L.F. BEAUTY, INC., 570 10TH STREET, OAKLAND CA 94607
Gayle Tait	director	C/O E.L.F. BEAUTY, INC., 570 10TH STREET, 3RD FLOOR, OAKLAND CA 94607
Baruch Richard F Jr	officer: See remarks	SCHIFF NUTRITION INTERNATIONAL INC, 2002 SOUTH 5070 WEST, SALT LAKE CITY UT 84104-4726
Sabrina Simmons	director	GAP INC., 2 FOLSOM STREET, SAN FRANCISCO CA 94105
Kenneth Jr Mitchell	director	C/O E.L.F. BEAUTY, INC., 570 10TH STREET, OAKLAND CA 94607