Brookfield Oaktree Holdings LLC (Brookfield Oaktree Holdings LLC) Interest Coverage : 0 (At Loss) (As of Sep. 2019)

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What is Brookfield Oaktree Holdings LLC 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. Brookfield Oaktree Holdings LLC's Operating Income for the three months ended in Sep. 2019 was $-40.29 Mil. Brookfield Oaktree Holdings LLC's Interest Expense for the three months ended in Sep. 2019 was $-59.88 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies interest coverage is at least 5. Oaktree Capital Group LLC interest coverage is 1.32, which is low.

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

OAKpA.PFD' s Interest Coverage Range Over the Past 10 Years
Min: 1.32 Med: 2.62 Max: 2.79
Current: 1.32

OAKpA.PFD's Interest Coverage is not ranked
in the Asset Management industry.
Industry Median: 42.64 vs OAKpA.PFD: 1.32

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

Brookfield Oaktree Holdings LLC Interest Coverage Historical Data

The historical data trend for Brookfield Oaktree Holdings LLC'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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Brookfield Oaktree Holdings LLC Interest Coverage Chart

Brookfield Oaktree Holdings LLC Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Interest Coverage

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2.79

2.62

2.41

Brookfield Oaktree Holdings LLC Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Interest Coverage	Get a 7-Day Free Trial															1.27	4.94	0.63	1.08	-

Competitive Comparison of Brookfield Oaktree Holdings LLC's Interest Coverage

For the Asset Management subindustry, Brookfield Oaktree Holdings LLC'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.

Brookfield Oaktree Holdings LLC's Interest Coverage Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Brookfield Oaktree Holdings LLC's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Brookfield Oaktree Holdings LLC's Interest Coverage falls into.

Brookfield Oaktree Holdings LLC 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.

Brookfield Oaktree Holdings LLC's Interest Coverage for the fiscal year that ended in Dec. 2018 is calculated as

Here, for the fiscal year that ended in Dec. 2018, Brookfield Oaktree Holdings LLC's Interest Expense was $-160.11 Mil. Its Operating Income was $385.51 Mil. And its Long-Term Debt & Capital Lease Obligation was $5,738.47 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2018 )	/	Interest Expense (A: Dec. 2018 )
	=	-1	*	385.508	/	-160.111
	=	2.41

Brookfield Oaktree Holdings LLC's Interest Coverage for the quarter that ended in Sep. 2019 is calculated as

Here, for the three months ended in Sep. 2019, Brookfield Oaktree Holdings LLC's Interest Expense was $-59.88 Mil. Its Operating Income was $-40.29 Mil. And its Long-Term Debt & Capital Lease Obligation was $7,402.62 Mil.

Brookfield Oaktree Holdings LLC did not have earnings to cover the interest expense.

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

Brookfield Oaktree Holdings LLC (NYSE:OAKpA.PFD) 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 .

Brookfield Oaktree Holdings LLC Interest Coverage Related Terms

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

Brookfield Oaktree Holdings LLC (Brookfield Oaktree Holdings LLC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Brookfield Oaktree Holdings LLC (NYSE:OAKpA.PFD) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

OAKpB.PFD:USA

Address

333 South Grand Avenue, 28th Floor, Los Angeles, CA, USA, 90071

Website

https://www.oaktreecapital.com

Oaktree Capital Group LLC is an alternative asset manager involved in investing in credit, real assets, private equity, and listed equities. It operates into one segment namely the Investment management business which consists of the services that it provides to clients. It operates in the United States where it generates the majority of its revenue.