Om Holdings International (Om Holdings International) Interest Coverage : 3.92 (As of May. 2023)

Om Holdings International Interest Coverage Chart

Om Holdings International Annual Data
	Trend	May08	May09	May10	May11	May12	May13	May14	May15	Aug21	Aug22
Interest Coverage		Get a 7-Day Free Trial					-	-	-	15.71	19.16

Om Holdings International Quarterly Data
	Nov10	Feb11	May11	Aug11	Nov11	Feb12	May12	Aug12	May13	May14	May15	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23
Interest Coverage	Get a 7-Day Free Trial															23.93	16.67	6.40	4.84	3.92

Competitive Comparison of Om Holdings International's Interest Coverage

For the Grocery Stores subindustry, Om Holdings International'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.

Om Holdings International's Interest Coverage Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Om Holdings International's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Om Holdings International's Interest Coverage falls into.

Om Holdings International 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

Else if Interest Expense is negative and Operating Income is negative, then

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

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

Om Holdings International's Interest Coverage for the fiscal year that ended in Aug. 2022 is calculated as

Here, for the fiscal year that ended in Aug. 2022, Om Holdings International's Interest Expense was $-0.14 Mil. Its Operating Income was $2.61 Mil. And its Long-Term Debt & Capital Lease Obligation was $30.99 Mil.

Om Holdings International's Interest Coverage for the quarter that ended in May. 2023 is calculated as

Here, for the three months ended in May. 2023, Om Holdings International's Interest Expense was $-0.12 Mil. Its Operating Income was $0.48 Mil. And its Long-Term Debt & Capital Lease Obligation was $33.65 Mil.

* 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.

Om Holdings International  (OTCPK:OMHI) 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 .

Om Holdings International Interest Coverage Related Terms

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Om Holdings International (Om Holdings International) Business Description