Lvmh Moet Hennessy Louis Vuitton SE (Lvmh Moet Hennessy Louis Vuitton SE) Interest Coverage : 19.72 (As of Dec. 2023)

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What is Lvmh Moet Hennessy Louis Vuitton SE 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. Lvmh Moet Hennessy Louis Vuitton SE's Operating Income for the six months ended in Dec. 2023 was $12,213 Mil. Lvmh Moet Hennessy Louis Vuitton SE's Interest Expense for the six months ended in Dec. 2023 was $-619 Mil. Lvmh Moet Hennessy Louis Vuitton SE's interest coverage for the quarter that ended in Dec. 2023 was 19.72. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Lvmh Moet Hennessy Louis Vuitton SE's Interest Coverage or its related term are showing as below:

LVMUY' s Interest Coverage Range Over the Past 10 Years
Min: 22.71 Med: 46.76 Max: 70.75
Current: 23.41

LVMUY's Interest Coverage is ranked better than
72.28% of 754 companies
in the Retail - Cyclical industry
Industry Median: 7.83 vs LVMUY: 23.41

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

Lvmh Moet Hennessy Louis Vuitton SE Interest Coverage Historical Data

The historical data trend for Lvmh Moet Hennessy Louis Vuitton SE'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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Lvmh Moet Hennessy Louis Vuitton SE Interest Coverage Chart

Lvmh Moet Hennessy Louis Vuitton SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

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25.50

22.71

70.75

55.01

23.41

Lvmh Moet Hennessy Louis Vuitton SE Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Coverage	Get a 7-Day Free Trial															82.43	78.11	42.96	28.60	19.72

Competitive Comparison of Lvmh Moet Hennessy Louis Vuitton SE's Interest Coverage

For the Luxury Goods subindustry, Lvmh Moet Hennessy Louis Vuitton SE'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.

Lvmh Moet Hennessy Louis Vuitton SE's Interest Coverage Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Lvmh Moet Hennessy Louis Vuitton SE's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Lvmh Moet Hennessy Louis Vuitton SE's Interest Coverage falls into.

Lvmh Moet Hennessy Louis Vuitton SE 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.

Lvmh Moet Hennessy Louis Vuitton SE'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, Lvmh Moet Hennessy Louis Vuitton SE's Interest Expense was $-1,061 Mil. Its Operating Income was $24,843 Mil. And its Long-Term Debt & Capital Lease Obligation was $27,303 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2023 )	/	Interest Expense (A: Dec. 2023 )
	=	-1	*	24842.966	/	-1061.069
	=	23.41

Lvmh Moet Hennessy Louis Vuitton SE's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, Lvmh Moet Hennessy Louis Vuitton SE's Interest Expense was $-619 Mil. Its Operating Income was $12,213 Mil. And its Long-Term Debt & Capital Lease Obligation was $27,303 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	12212.65	/	-619.411
	=	19.72

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

Lvmh Moet Hennessy Louis Vuitton SE (OTCPK:LVMUY) 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 .

Lvmh Moet Hennessy Louis Vuitton SE Interest Coverage Related Terms

Thank you for viewing the detailed overview of Lvmh Moet Hennessy Louis Vuitton SE's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.

Lvmh Moet Hennessy Louis Vuitton SE (Lvmh Moet Hennessy Louis Vuitton SE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Lvmh Moet Hennessy Louis Vuitton SE (OTCPK:LVMUY) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

LVMHF:USA LVMH01:Thailand MC:Mexico LVMH:Italy MCp:UK 0HAU:UK MC:France MOH:Germany MC:Austria

Address

22, Avenue Montaigne, Paris, FRA, 75008

Website

https://www.lvmh.com

LVMH is a global producer and distributor of luxury goods. It operates six segments: fashion and leather goods, its largest and oldest; watches and jewelry; wines and spirits; perfumes and cosmetics; selective retailing (including Sephora and airport duty-free retailer DFS); and other (including publishing). Higher-profile brands include Louis Vuitton, Bulgari, Fendi, Givenchy, Tag Heuer, Hennessy, Moet & Chandon, Glenmorangie, Sephora, and Benefit. LVMH operates more than 5,000 stores around the globe.