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Luby's (Luby's) Interest Coverage : N/A (As of Aug. 2021)


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What is Luby's 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. Luby's's Operating Income for the three months ended in Aug. 2021 was $0.00 Mil. Luby's's Interest Expense for the three months ended in Aug. 2021 was $0.00 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

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


LUB's Interest Coverage is not ranked *
in the Restaurants industry.
Industry Median: 6.895
* 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.


Luby's Interest Coverage Historical Data

The historical data trend for Luby's'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.

* Premium members only.

Luby's Interest Coverage Chart

Luby's Annual Data
Trend Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21
Interest Coverage
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Luby's Quarterly Data
Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - N/A N/A N/A

Competitive Comparison of Luby's's Interest Coverage

For the Restaurants subindustry, Luby's'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.


Luby's's Interest Coverage Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Luby's's Interest Coverage distribution charts can be found below:

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



Luby's 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.

Luby's's Interest Coverage for the fiscal year that ended in Aug. 2021 is calculated as

Here, for the fiscal year that ended in Aug. 2021, Luby's's Interest Expense was $0.00 Mil. Its Operating Income was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was $24.21 Mil.

GuruFocus does not calculate Luby's's interest coverage with the available data.

Luby's's Interest Coverage for the quarter that ended in Aug. 2021 is calculated as

Here, for the three months ended in Aug. 2021, Luby's's Interest Expense was $0.00 Mil. Its Operating Income was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was $24.21 Mil.

GuruFocus does not calculate Luby's's interest coverage with the available data.

* 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.


Luby's  (NYSE:LUB) 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 .


Luby's Interest Coverage Related Terms

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


Luby's (Luby's) Business Description

Traded in Other Exchanges
N/A
Address
13111 Northwest Freeway, Suite 600, Houston, TX, USA, 77040
Luby's Inc is a multi-branded company that owns and operates restaurants in the United States. Its operating segments are Company-owned restaurants, which generate majority revenue; franchise operations; and Culinary Contract Services. The company-owned restaurant's segment consists of brands including Luby's Cafeteria, Fuddruckers, and Cheeseburger in Paradise with a couple of non-core restaurant locations under other brand names. It only offers franchises for the Fuddruckers brand. Franchises are sold in markets where expansion is deemed advantageous to the development of the Fuddruckers concept and system of restaurants. The CCS operation, branded as Luby's Culinary Contract Services, consists of a business line servicing healthcare and corporate dining clients.
Executives
Steven Goodweather officer: Chief Financial Officer 13111 NORTHWEST FREEWAY SUITE 600 HOUSTON TX 77040
Philip Rider officer: Chief Acct Officer &Controller 13111 NORTHWEST FREEWAY SUITE 600 HOUSTON TX 77040
Randolph C Read director C/O NEW YORK REIT, INC., 405 PARK AVENUE, NEW YORK NY 10022
John B Morlock director C/O POTBELLY CORPORATION, 111 NORTH CANAL, SUITE 850, CHICAGO IL 60606
Twila Day director 12344 WHITE OAK PT CONROE TX 77304
Benjamin T Coutee officer: Chief Operating Officer 13111 NORTHWEST FREEWAY SUITE 600 HOUSTON TX 77040
Christopher James Pappas director, 10 percent owner, officer: President and Chief Executive
Harris J Pappas director, 10 percent owner, officer: Chief Operating Officer C/O OCEANEERING INTERNATIONAL INC, 11911 FM 529, HOUSTON TX 77041-3011
Gasper Iii Mir director
K Scott Gray officer: SVP & Chief Financial Officer 13111 NORTHWEST FREEWAY, SUITE 600 HOUSTON TX 77040
Frank Markantonis director P.O. BOX 33069 SAN ANTONIO TX 78265
Gerald W Bodzy director
Arthur R Emerson director
Judith B Craven director COMPAQ COMPUTER CORPORATION, PO BOX 692000, MC 110701, HOUSTON TX 77269-2000
Bandera Partners Llc 10 percent owner 50 BROAD STREET, SUITE 1820, NEW YORK NY 10004