GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Best of the Best PLC (LSE:BOTB) » Definitions » Interest Coverage

Best of the Best (LSE:BOTB) Interest Coverage : No Debt (1) (As of Apr. 2023)


View and export this data going back to 2006. Start your Free Trial

What is Best of the Best 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. Best of the Best's Operating Income for the six months ended in Apr. 2023 was £2.71 Mil. Best of the Best's Interest Expense for the six months ended in Apr. 2023 was £0.00 Mil. Best of the Best has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Best of the Best PLC has no debt.

(1) 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.

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

LSE:BOTB' s Interest Coverage Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt


LSE:BOTB's Interest Coverage is not ranked
in the Travel & Leisure industry.
Industry Median: 5.15 vs LSE:BOTB: No Debt

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


Best of the Best Interest Coverage Historical Data

The historical data trend for Best of the Best'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.

Best of the Best Interest Coverage Chart

Best of the Best Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Best of the Best Semi-Annual Data
Oct13 Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23
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 No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Best of the Best's Interest Coverage

For the Gambling subindustry, Best of the Best'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.


Best of the Best's Interest Coverage Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Best of the Best's Interest Coverage falls into.



Best of the Best 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.

Best of the Best's Interest Coverage for the fiscal year that ended in Apr. 2023 is calculated as

Here, for the fiscal year that ended in Apr. 2023, Best of the Best's Interest Expense was £0.00 Mil. Its Operating Income was £5.41 Mil. And its Long-Term Debt & Capital Lease Obligation was £0.00 Mil.

Best of the Best had no debt (1).

Best of the Best's Interest Coverage for the quarter that ended in Apr. 2023 is calculated as

Here, for the six months ended in Apr. 2023, Best of the Best's Interest Expense was £0.00 Mil. Its Operating Income was £2.71 Mil. And its Long-Term Debt & Capital Lease Obligation was £0.00 Mil.

Best of the Best had no debt (1).

* 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.


Best of the Best  (LSE:BOTB) 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 .


Best of the Best Interest Coverage Related Terms

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


Best of the Best (LSE:BOTB) Business Description

Traded in Other Exchanges
N/A
Address
72/74 St Dionis Road, 2 Plato Place, London, GBR, SW6 4TU
Best of the Best PLC engages in a specialty lottery business. The company's only operating segment being the operation of weekly competitions to win luxury cars and other prizes. It generates revenue from the sale of tickets to the competition.

Best of the Best (LSE:BOTB) Headlines

No Headlines