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F45 Training Holdings (F45 Training Holdings) Interest Coverage : 0 (At Loss) (As of Jun. 2023)


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What is F45 Training 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. F45 Training Holdings's Operating Income for the three months ended in Jun. 2023 was $-15.53 Mil. F45 Training Holdings's Interest Expense for the three months ended in Jun. 2023 was $-5.06 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for F45 Training Holdings's Interest Coverage or its related term are showing as below:


FXLV's Interest Coverage is not ranked *
in the Travel & Leisure industry.
Industry Median: 5.16
* 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.


F45 Training Holdings Interest Coverage Historical Data

The historical data trend for F45 Training 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.

F45 Training Holdings Interest Coverage Chart

F45 Training Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Interest Coverage
32.79 - - -

F45 Training Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 - - - - -

Competitive Comparison of F45 Training Holdings's Interest Coverage

For the Leisure subindustry, F45 Training 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.


F45 Training Holdings's Interest Coverage Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, F45 Training Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where F45 Training Holdings's Interest Coverage falls into.



F45 Training 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.

F45 Training Holdings's Interest Coverage for the fiscal year that ended in Dec. 2022 is calculated as

Here, for the fiscal year that ended in Dec. 2022, F45 Training Holdings's Interest Expense was $-14.98 Mil. Its Operating Income was $-119.53 Mil. And its Long-Term Debt & Capital Lease Obligation was $105.53 Mil.

F45 Training Holdings did not have earnings to cover the interest expense.

F45 Training Holdings's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Here, for the three months ended in Jun. 2023, F45 Training Holdings's Interest Expense was $-5.06 Mil. Its Operating Income was $-15.53 Mil. And its Long-Term Debt & Capital Lease Obligation was $144.13 Mil.

F45 Training Holdings did not have earnings to cover the interest expense.

* 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.


F45 Training Holdings  (OTCPK:FXLV) 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 .


F45 Training Holdings Interest Coverage Related Terms

Thank you for viewing the detailed overview of F45 Training Holdings's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


F45 Training Holdings (F45 Training Holdings) Business Description

Traded in Other Exchanges
N/A
Address
3601 South Congress Avenue, Building E, Austin, TX, USA, 78704
F45 Training Holdings Inc is a fitness franchisor in the United States. The company is focused on creating a fitness training and lifestyle brand. The group offers consumers functional 45-minute workouts that are effective, fun, and community-driven.
Executives
Richard Alan Monje director 111 WEST 33RD STREET, SUITE 1910, NEW YORK NY 10120
Ryan Mayes officer: Chief Operating Officer 3601 SOUTH CONGRESS AVENUE, BUILDING E, AUSTIN TX 78704
Anthony Pasqua director 225 LIBERTY STREET, SUITE 4210, NEW YORK NY 10281
James Feltman director 3601 SOUTH CONGRESS AVENUE, BUILDING E, AUSTIN TX 78704
Thomas Dowd officer: Chief Executive Officer 300 SIXTH AVENUE, PITTSBURGH PA 15222
Timothy J Bernlohr director 90 EAST HALSEY RD., PARSIPPANY NJ 07054
Raphael Wallander director 3601 SOUTH CONGRESS AVENUE, BUILDING E, AUSTIN TX 78704
Lisa A Gavales director C/O EXPRESS PARENT LLC, ONE LIMITED PARKWAY, COLUMBUS OH 43230
Robert L Madore officer: Chief Financial Officer C/O RALPH LAUREN CORPORATION, 650 MADISON AVENUE, NEW YORK NY 10022
Steven D Scheiwe director 1741 EDGEFIELD LANE, ENCINITAS CA 92024
Eugene I Davis director 8540 GANDER CREEK DRIVE, MIAMISBURG OH 45342
Kennedy Lewis Capital Partners Master Fund Ii Lp director, 10 percent owner 111 WEST 33RD STREET, SUITE 1910, NEW YORK NY 10120
Mark Wahlberg director C/O CORTINA BUSINESS MANAGEMENT, INC., PO BOX 610287, NEWTON MA 02461
Vanessa Douglas director 3601 SOUTH CONGRESS AVENUE, BUILDING E, AUSTIN TX 78704
Luke Armstrong officer: Chief Revenue Officer 801 BARTON SPRINGS RD., 9TH FLOOR, AUSTIN TX 78704

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