Boulder Brands (Boulder Brands) Interest Coverage : 0.78 (As of Sep. 2015)

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What is Boulder Brands 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. Boulder Brands's Operating Income for the three months ended in Sep. 2015 was $3.3 Mil. Boulder Brands's Interest Expense for the three months ended in Sep. 2015 was $-4.2 Mil. Boulder Brands's interest coverage for the quarter that ended in Sep. 2015 was 0.78. The higher the ratio, the stronger the company's financial strength is.

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

BDBD's Interest Coverage is not ranked ^*
in the Consumer Packaged Goods industry.
Industry Median: 8.44
* 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.

Boulder Brands Interest Coverage Historical Data

The historical data trend for Boulder Brands'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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Boulder Brands Interest Coverage Chart

Boulder Brands Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Interest Coverage

Get a 7-Day Free Trial

6.56

1.51

1.83

Boulder Brands Quarterly Data
	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15
Interest Coverage	Get a 7-Day Free Trial															-	1.96	1.74	-	0.78

Competitive Comparison of Boulder Brands's Interest Coverage

For the Packaged Foods subindustry, Boulder Brands'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.

Boulder Brands's Interest Coverage Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Boulder Brands's Interest Coverage distribution charts can be found below:

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

Boulder Brands 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.

Boulder Brands's Interest Coverage for the fiscal year that ended in Dec. 2014 is calculated as

Here, for the fiscal year that ended in Dec. 2014, Boulder Brands's Interest Expense was $-18.1 Mil. Its Operating Income was $-116.0 Mil. And its Long-Term Debt & Capital Lease Obligation was $301.1 Mil.

Boulder Brands did not have earnings to cover the interest expense.

Boulder Brands's Interest Coverage for the quarter that ended in Sep. 2015 is calculated as

Here, for the three months ended in Sep. 2015, Boulder Brands's Interest Expense was $-4.2 Mil. Its Operating Income was $3.3 Mil. And its Long-Term Debt & Capital Lease Obligation was $287.8 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2015 )	/	Interest Expense (Q: Sep. 2015 )
	=	-1	*	3.251	/	-4.18
	=	0.78

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

Boulder Brands (NAS:BDBD) 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 .

Boulder Brands Interest Coverage Related Terms

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

Boulder Brands (Boulder Brands) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Boulder Brands Inc (NAS:BDBD) » Definitions » Interest Coverage

Traded in Other Exchanges

N/A

Address

Website

http://www.boulderbrands.com

Boulder Brands Inc, a Delaware corporation was incorporated on May 31, 2005. The Company was formerly known as Smart Balance, Inc. The Company is a marketer of functional food products under the Smart Balance, Earth Balance and Bestlife trademarks. Its products are sold in mass merchandise, grocery, natural food, and club stores throughout the U.S. and Canada. The Company's health and wellness platform consists of brands that target specific health trends: the Glutino and Udi's Gluten Free brands for gluten-free diets; the Earth Balance brand for plant-based diets; the Level Life brand for diabetic diets; EVOL foods for consumers seeking pure and simple ingredients; and the Smart Balance brand for heart healthier diets. The Company distributes its products in all key retail channels, including natural, grocery, club and mass merchandise, and also has a presence in the foodservice and industrial channels. Its business consists of two reportable segments: Smart Balance and Natural. The Natural segment consists of its Glutino, Udi's, Earth Balance and EVOL branded products. The Smart Balance segment consists of its Smart Balance branded products in spreads, butter, grocery and milk and its Level Life products. A majority of its products are sold through supermarket chains and food wholesalers. Its products are available in all 50 states. The Company's products compete with branded products as well as generic and private-label products of food retailers, wholesalers and cooperatives. The Company attempts to protect its intellectual property rights through a combination of patent, trademark, copyright, and trade secret laws, as well as licensing agreements, third-party confidentiality, nondisclosure, and assignment agreements, and by policing third-party misuses of its intellectual property. The manufacturing, packaging, labeling, advertising, distribution and sale of its products are subject to regulation by various government agencies.

Executives

Benjamin D Chereskin	director	THREE FIRST NATIONAL PLAZA STE 3800, CHICAGO IL 60602
Christine Sacco	officer: CFO and Assistant Treasurer	C/O SMART BALANCE, INC., 115 WEST CENTURY ROAD, SUITE 260, PARAMUS NJ 07652
Richard Dean Hollis	director	3603 HAVEN AVENUE, SUITE E, MENLO PARK CA 94025
Timothy Richard Kraft	officer: See Remarks	THE SIMPLY GOOD FOODS COMPANY, 1225 17TH STREET, SUITE 1000, DENVER CO 80202
Gerald J Laber	director	C/O APPLIED FILMS CORPORATION, 9586 I-25 FRONTAGE ROAD, LONGMONT CO 80504
Adage Capital Partners Gp, L.l.c.	10 percent owner	200 CLARENDON STREET, 52ND FLOOR, BOSTON MA 02116
Adage Capital Partners, L.p.	10 percent owner	200 CLARENDON STREET, 52ND FLOOR, BOSTON MA 02116
Phillip Gross	10 percent owner	200 CLARENDON STREET, 52ND FLOOR, BOSTON MA 02116
Robert Atchinson	10 percent owner	200 CLARENDON STREET, 52ND FLOOR, BOSTON MA 02116
Adage Capital Advisors, L.l.c.	10 percent owner	200 CLARENDON STREET, 52ND FLOOR, BOSTON MA 02116
Alan S Gever	officer: Executive VP and CFO	115 WEST CENTURY ROAD, SUITE 260, PARAMUS NJ 07652
Capital Management Oss	10 percent owner	598 MADISON AVENUE, 10TH FLOOR, NEW YORK NY 10022
Glenn J Krevlin	10 percent owner	600 FIFTH AVE, 11TH FL, NEW YORK NY 10020
Glenhill Advisors Llc	10 percent owner	600 FIFTH AVE, 11TH FL, NEW YORK NY 10020
Glenhill Capital Management Llc	10 percent owner	600 FIFTH AV, 11TH FL, NEW YORK NY 10020

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