Xponential Fitness (Xponential Fitness) Interest Coverage : 1.66 (As of Dec. 2023)

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What is Xponential Fitness 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. Xponential Fitness's Operating Income for the three months ended in Dec. 2023 was $19.1 Mil. Xponential Fitness's Interest Expense for the three months ended in Dec. 2023 was $-11.5 Mil. Xponential Fitness's interest coverage for the quarter that ended in Dec. 2023 was 1.66. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Xponential Fitness Incs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

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

XPOF' s Interest Coverage Range Over the Past 10 Years
Min: 0.99 Med: 1.31 Max: 1.63
Current: 0.99

XPOF's Interest Coverage is ranked worse than
86.59% of 604 companies
in the Travel & Leisure industry
Industry Median: 5.15 vs XPOF: 0.99

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

Xponential Fitness Interest Coverage Historical Data

The historical data trend for Xponential Fitness'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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Xponential Fitness Interest Coverage Chart

Xponential Fitness Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

Get a 7-Day Free Trial

1.63

0.99

Xponential Fitness Quarterly Data
	Dec18	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													4.07	1.07	0.60	0.52	1.66

Competitive Comparison of Xponential Fitness's Interest Coverage

For the Leisure subindustry, Xponential Fitness'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.

Xponential Fitness's Interest Coverage Distribution in the Travel & Leisure Industry

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

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

Xponential Fitness 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.

Xponential Fitness's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Xponential Fitness's Interest Expense was $-38.7 Mil. Its Operating Income was $38.4 Mil. And its Long-Term Debt & Capital Lease Obligation was $389.4 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2023 )	/	Interest Expense (A: Dec. 2023 )
	=	-1	*	38.376	/	-38.733
	=	0.99

Xponential Fitness's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Xponential Fitness's Interest Expense was $-11.5 Mil. Its Operating Income was $19.1 Mil. And its Long-Term Debt & Capital Lease Obligation was $389.4 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	19.085	/	-11.491
	=	1.66

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

Xponential Fitness (NYSE:XPOF) 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 .

Xponential Fitness Interest Coverage Related Terms

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

Xponential Fitness (Xponential Fitness) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Xponential Fitness Inc (NYSE:XPOF) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

17877 Von Karman Avenue, Suite 100, Irvine, CA, USA, 92614

Website

https://www.xponential.com

Xponential Fitness Inc is a curator of boutique fitness brands. Its diversified portfolio of brands includes Club Pilates, a Pilates brand in the United States; CycleBar, an indoor cycling brand in the United States; StretchLab, a concept offering one-on-one and group stretching services; Row House, a high-energy, low-impact indoor rowing workout; AKT, a dance-based cardio workout combining toning, interval and circuit training; YogaSix, a franchised yoga brand; Pure Barre, a total body workout that uses the ballet barre to perform small isometric movements; Stride, a treadmill-based cardio and strength training concept; Rumble, a boxing-inspired full-body workout; and BFT, a functional training and strength-based program. Its key revenue source is franchise income.

Executives

Chelsea A Grayson	director	1116 SOUTH RIDGELEY DRIVE, LOS ANGELES CA 90019
Ryan Junk	officer: Chief Operating Officer	C/O XPONENTIAL FITNESS, INC., 17877 VON KARMAN AVE, SUITE 100, IRVINE CA 92614
Jair Clarke	director	17877 VON KARMAN AVE., SUITE 100, IRVINE CA 92614
Andrew Hagopian	officer: Chief Legal Officer	17877 VON KARMAN AVE, SUITE 100, IRVINE CA 92614
Anthony Geisler	director, 10 percent owner, officer: Chief Executive Officer	C/O XPONENTIAL FITNESS, INC., 17877 VON KARMAN AVE, SUITE 100, IRVINE CA 92614
Mark Grabowski	director, 10 percent owner	C/O XPONENTIAL FITNESS, INC., 17877 VON KARMAN AVE, SUITE 100, IRVINE CA 92614
Sarah Luna	officer: President	C/O XPONENTIAL FITNESS, INC., 17877 VON KARMAN AVE, SUITE 100, IRVINE CA 92614
John P Meloun	officer: Chief Financial Officer	16767 N. PERIMETER DR., STE. 240, SCOTTSDALE AZ 85260
Megan Moen	officer: EVP, Finance	C/O XPONENTIAL FITNESS, INC., 17877 VON KARMAN AVE, SUITE 100, IRVINE CA 92614
H&w Investco Lp	10 percent owner	113 BUFFALO BAY ROAD, MADISON CT 06443
H&w Investco Ii Lp	10 percent owner	113 BUFFALO BAY ROAD, MADISON CT 06443
Mgag Llc	10 percent owner	113 BUFFALO BAY ROAD, MADISON CT 06443
Lag Fit, Inc.	director, 10 percent owner	6789 QUAIL HILL, PARKWAY #408, IRVINE CA 92603
Brenda I Morris	director	6300 MERRILL CREEK PARKWAY, SUITE B, EVERETT WA 98203