Vince Holding (Vince Holding) Interest Coverage : 0 (At Loss) (As of Jan. 2024)

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What is Vince Holding 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. Vince Holding's Operating Income for the three months ended in Jan. 2024 was $-1.7 Mil. Vince Holding's Interest Expense for the three months ended in Jan. 2024 was $-1.7 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 Vince Holding's Interest Coverage or its related term are showing as below:

VNCE's Interest Coverage is not ranked ^*
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 4.975
* 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.

Vince Holding Interest Coverage Historical Data

The historical data trend for Vince Holding'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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Vince Holding Interest Coverage Chart

Vince Holding Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Interest Coverage

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0.06

Vince Holding Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Interest Coverage	Get a 7-Day Free Trial															-	-	0.20	1.42	-

Competitive Comparison of Vince Holding's Interest Coverage

For the Apparel Manufacturing subindustry, Vince Holding'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.

Vince Holding's Interest Coverage Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Vince Holding's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Vince Holding's Interest Coverage falls into.

Vince Holding 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.

Vince Holding's Interest Coverage for the fiscal year that ended in Jan. 2024 is calculated as

Here, for the fiscal year that ended in Jan. 2024, Vince Holding's Interest Expense was $-11.1 Mil. Its Operating Income was $-1.2 Mil. And its Long-Term Debt & Capital Lease Obligation was $111.7 Mil.

Vince Holding did not have earnings to cover the interest expense.

Vince Holding's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

Here, for the three months ended in Jan. 2024, Vince Holding's Interest Expense was $-1.7 Mil. Its Operating Income was $-1.7 Mil. And its Long-Term Debt & Capital Lease Obligation was $111.7 Mil.

Vince Holding did not have earnings to cover the interest expense.

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

Vince Holding (NYSE:VNCE) 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 .

Vince Holding Interest Coverage Related Terms

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

Vince Holding (Vince Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Vince Holding Corp (NYSE:VNCE) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

VNC1:Germany

Address

500 5th Avenue, 20th Floor, New York, NY, USA, 10110

Website

https://www.vince.com

Vince Holding Corp is a fashion brand that is engaged in wholesale and retail delivery of luxury essentials like women's and men's apparel, women's and men's footwear, and handbags. Its offers women's collections of luxurious cashmere sweaters and silk blouses, leather and suede leggings and jackets, dresses, denim, pants, tanks and t-shirts, and a growing assortment of outerwear. It focuses on developing an elevated collection of Vince apparel and accessories to serve the luxurious need of the customer. The company manages its business in three segments namely Vince Wholesale, Vince Direct-to-consumer, and Rebecca Taylor and Parker segment. It operates its e-commerce business through its website. Majority of its revenue generated from Vince Wholesale segment.

Executives

Michael J Mardy	director
Michael Hand	officer: Interim CFO	650 FROM RD, SUITE 375, PARAMUS NJ 07652
Jonathan Schwefel	director, officer: Chief Executive Officer	500 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 101100
David Stefko	officer: See Remarks	500 FIFTH AVE, 20TH FLOOR, NEW YORK NY 10110
Marie Fogel	officer: See Remarks	500 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10110
Lee Meiner	officer: See Remarks	500 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10110
Akiko Okuma	officer: General Counsel & Secretary	500 FIFTH AVE, 20TH FLOOR, NEW YORK NY 10110
Amy Kate Trooskin	officer: Chief Financial Officer	500 FIFTH AVE., 20TH FLOOR, NEW YORK NY 10110
Kelli Turner	director	C/O CME MEDIA SERVICES LTD, KRIZENECKEHO NAM. 1078/5A, PRAGUE 2N 15200
Brendan Hoffman	officer: Chief Executive Officer	100 PIER 1 PLACE, FORT WORTH TX 76102
Robin S Kramer	director	500 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10110
Matthew N Garff	director	11111 SANTA MONICA BLVD, SUITE 1050, LOS ANGELES CA 90025
Jeff M Feinberg	director	500 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10110
Sun Capital Partners V Lp	10 percent owner	5200 TOWN CENTER CIRCLE, STE 600, BOCA RATON FL 33486
Marc J Leder	director, 10 percent owner	5200 TOWN CENTER CIRCLE, SUITE 600, BOCA RATON FL 33486