DMND has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
DMND has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
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. Diamond Foods's Operating Income for the three months ended in Oct. 2015 was $18.4 Mil. Diamond Foods's Interest Expense for the three months ended in Oct. 2015 was $-8.6 Mil. Diamond Foods's interest coverage for the quarter that ended in Oct. 2015 was 2.15. The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Diamond Foods's Interest Coverage or its related term are showing as below:
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
The historical data trend for Diamond Foods'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.
Diamond Foods Annual Data | |||||||||||||||||||||
Trend | Jul06 | Jul07 | Jul08 | Jul09 | Jul10 | Jul11 | Jul12 | Jul13 | Jul14 | Jul15 | |||||||||||
Interest Coverage | Get a 7-Day Free Trial | 2.24 | - | - | - | 1.86 |
Diamond Foods Quarterly Data | ||||||||||||||||||||
Jan11 | Apr11 | Jul11 | Oct11 | Jan12 | Apr12 | Jul12 | Oct12 | Jan13 | Apr13 | Jul13 | Oct13 | Jan14 | Apr14 | Jul14 | Oct14 | Jan15 | Apr15 | Jul15 | Oct15 | |
Interest Coverage | Get a 7-Day Free Trial | 2.16 | 2.46 | 1.96 | 1.26 | 2.15 |
For the Packaged Foods subindustry, Diamond Foods'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.
For the Consumer Packaged Goods industry and Consumer Defensive sector, Diamond Foods's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Diamond Foods's Interest Coverage falls into.
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.
Diamond Foods's Interest Coverage for the fiscal year that ended in Jul. 2015 is calculated as
Here, for the fiscal year that ended in Jul. 2015, Diamond Foods's Interest Expense was $-40.8 Mil. Its Operating Income was $76.0 Mil. And its Long-Term Debt & Capital Lease Obligation was $633.1 Mil.
Interest Coverage | = | -1 | * | Operating Income (A: Jul. 2015 ) | / | Interest Expense (A: Jul. 2015 ) |
= | -1 | * | 75.974 | / | -40.757 | |
= | 1.86 |
Diamond Foods's Interest Coverage for the quarter that ended in Oct. 2015 is calculated as
Here, for the three months ended in Oct. 2015, Diamond Foods's Interest Expense was $-8.6 Mil. Its Operating Income was $18.4 Mil. And its Long-Term Debt & Capital Lease Obligation was $627.1 Mil.
Interest Coverage | = | -1 | * | Operating Income (Q: Oct. 2015 ) | / | Interest Expense (Q: Oct. 2015 ) |
= | -1 | * | 18.386 | / | -8.567 | |
= | 2.15 |
* 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.
Diamond Foods (NAS:DMND) 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 .
Thank you for viewing the detailed overview of Diamond Foods's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.
Edward A Blechschmidt | director | ONE HEALTHSOUTH PARKWAY, BIRMINGHAM AL 35243 |
Linda B Segre | officer: EVP, Chief Strat. & People Ofc | 2180 RUTHERFORD ROAD, CARLSBAD CA 92008 |
David Colo | officer: EVP, Chief Operating Officer | C/O DIAMOND FOODS, INC., 600 MONTGOMERY STREET, 13TH FLOOR, SAN FRANCISCO CA 94111 |
Richard Dean Hollis | director | 3603 HAVEN AVENUE, SUITE E, MENLO PARK CA 94025 |
Robert Zollars | director | 3061 ZANKER RD, SAN JOSEC CA 95134 |
Nigel A Rees | director | ONE POST STREET, SAN FRANCISCO CA 94104 |
Raymond Silcock | officer: EVP & Chief Financial Officer | 399 JEFFERSON ROAD, PARSIPPANY NJ 07054 |
Alison Davis | director | 255 FISERV DRIVE, BROOKFIELD WI 53045 |
Brian J Driscoll | director, officer: President & CEO | THREE LAKES DR, NORTHFIELD IL 60093 |
Celeste A. Clark | director | C/O ADVANCEPIERRE FOODS HOLDINGS, INC., 9987 CARVER ROAD, BLUE ASH OH 45242 |
Stephen Kim | officer: EVP, GC & Chief Legal Officer | CO DIAMOND FOODS INC., 600 MONTGOMERY STREET 33RD FLOOR, SAN FRANCISCO CA 94111 |
Oaktree Holdings, Inc. | 10 percent owner | 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071 |
Oaktree Capital Management Lp | 10 percent owner | 333 S GRAND AVE 28TH FL, LOS ANGELES CA 90071 |
Oaktree Holdings, Llc | 10 percent owner | 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071 |
Ocm Holdings I, Llc | 10 percent owner | 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071 |
From GuruFocus
By Holly LaFon Holly LaFon • 05-14-2014
By Anh Hoang Anh Hoang • 09-20-2011
By Street Authority Street Authority • 07-06-2012
By Suravi Thacker Suravi Thacker • 07-30-2014
By Nicola Guida Nicolas73 • 03-17-2012
By The Science of Hitting The Science of Hitting • 02-08-2012
By GuruFocus Research GuruFocus Editor • 10-14-2010
By ankitp ankitp • 04-23-2015
By gurufocus • 05-28-2009
By rusticnomad rusticnomad • 06-19-2014
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.