Panera Bread Co (Panera Bread Co) Interest Coverage : 22.94 (As of Mar. 2017)

Panera Bread Co Interest Coverage Chart

Panera Bread Co Annual Data
	Trend	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16
Interest Coverage		Get a 7-Day Free Trial					261.43	294.17	151.28	63.08	26.99

Panera Bread Co Quarterly Data
	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17
Interest Coverage	Get a 7-Day Free Trial															32.57	33.63	20.65	25.02	22.94

Competitive Comparison of Panera Bread Co's Interest Coverage

For the Restaurants subindustry, Panera Bread Co'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.

Panera Bread Co's Interest Coverage Distribution in the Restaurants Industry

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

* The bar in red indicates where Panera Bread Co's Interest Coverage falls into.

Panera Bread Co 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

Else if Interest Expense is negative and Operating Income is negative, then

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

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

Panera Bread Co's Interest Coverage for the fiscal year that ended in Dec. 2016 is calculated as

Here, for the fiscal year that ended in Dec. 2016, Panera Bread Co's Interest Expense was $-9 Mil. Its Operating Income was $240 Mil. And its Long-Term Debt & Capital Lease Obligation was $411 Mil.

Panera Bread Co's Interest Coverage for the quarter that ended in Mar. 2017 is calculated as

Here, for the three months ended in Mar. 2017, Panera Bread Co's Interest Expense was $-3 Mil. Its Operating Income was $72 Mil. And its Long-Term Debt & Capital Lease Obligation was $461 Mil.

* 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.

Panera Bread Co  (NAS:PNRA) 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 .

Panera Bread Co Interest Coverage Related Terms

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Panera Bread Co (Panera Bread Co) Business Description