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Sportsman's Warehouse Holdings (Sportsman's Warehouse Holdings) Interest Coverage : 0 (At Loss) (As of Jan. 2024)


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What is Sportsman's Warehouse Holdings 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. Sportsman's Warehouse Holdings's Operating Income for the three months ended in Jan. 2024 was $-8 Mil. Sportsman's Warehouse Holdings's Interest Expense for the three months ended in Jan. 2024 was $-3 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

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


SPWH's Interest Coverage is not ranked *
in the Retail - Cyclical industry.
Industry Median: 7.8
* 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.


Sportsman's Warehouse Holdings Interest Coverage Historical Data

The historical data trend for Sportsman's Warehouse Holdings'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.

Sportsman's Warehouse Holdings Interest Coverage Chart

Sportsman's Warehouse Holdings Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.19 35.01 65.67 13.84 -

Sportsman's Warehouse Holdings Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 9.58 - - 0.78 -

Competitive Comparison of Sportsman's Warehouse Holdings's Interest Coverage

For the Specialty Retail subindustry, Sportsman's Warehouse Holdings'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.


Sportsman's Warehouse Holdings's Interest Coverage Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Sportsman's Warehouse Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Sportsman's Warehouse Holdings's Interest Coverage falls into.



Sportsman's Warehouse Holdings 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.

Sportsman's Warehouse Holdings's Interest Coverage for the fiscal year that ended in Jan. 2024 is calculated as

Here, for the fiscal year that ended in Jan. 2024, Sportsman's Warehouse Holdings's Interest Expense was $-13 Mil. Its Operating Income was $-25 Mil. And its Long-Term Debt & Capital Lease Obligation was $307 Mil.

Sportsman's Warehouse Holdings did not have earnings to cover the interest expense.

Sportsman's Warehouse Holdings's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

Here, for the three months ended in Jan. 2024, Sportsman's Warehouse Holdings's Interest Expense was $-3 Mil. Its Operating Income was $-8 Mil. And its Long-Term Debt & Capital Lease Obligation was $307 Mil.

Sportsman's Warehouse Holdings did not have earnings to cover the interest expense.

* 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.


Sportsman's Warehouse Holdings  (NAS:SPWH) 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 .


Sportsman's Warehouse Holdings Interest Coverage Related Terms

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


Sportsman's Warehouse Holdings (Sportsman's Warehouse Holdings) Business Description

Traded in Other Exchanges
Address
1475 West 9000 South, Suite A, West Jordan, UT, USA, 84088
Sportsman's Warehouse Holdings Inc together with its subsidiaries operates as an outdoor sporting goods retailer. It provides a one-stop shopping experience that equips customers with the right quality, brand name hunting, shooting, fishing, and camping gear to maximize enjoyment of the outdoors. The company offers products in the categories of Camping, Apparel, Fishing, Footwear, Hunting and shooting, and Optics, Electronics, Accessories, and Other products. It provides products such as Backpacks, Jackets, Camp essentials, Hiking boots, GPS devices, ATV accessories and Fishing rods, among others.
Executives
Paul Stone director, officer: PRESIDENT AND CEO HERTZ GLOBAL HOLDINGS, INC., 8501 WILLIAMS ROAD, ESTERO FL 33928
Steven W. Sansom director 1475 WEST 9000 SOUTH, SUITE A, WEST JORDAN UT 84088
Richard D Mcbee director PO BOX 500 (M/S 55-985), 14200 SW KARL BRAUN DRIVE, BEAVERTON OR 97077-0001
Gregory P Hickey director C/O SPORTSMAN'S WAREHOUSE HOLDINGS, INC., 7035 SOUTH HIGH TECH DRIVE, MIDVALE UT 84047
Cannell Capital Llc 10 percent owner 245 MERIWETHER CIRCLE, ALTA WY 83414
Erica Fortune director C/O SPORTMAN'S WAREHOUSE HOLDINGS, INC., 7035 SOUTH HIGH TECH DRIVE, MIDVALE UT 84047
Jon Barker officer: President and COO C/O SPORTSMAN'S WAREHOUSE HOLDINGS, INC., 7035 SOUTH HIGH TECH DRIVE, MIDVALE UT 84047
Nancy A Walsh director LL FLOORING HOLDINGS, INC., 4901 BAKERS MILL LANE, RICHMOND VA 23230
Joseph P Schneider director C/O LACROSSE FOOTWEAR INC, 18550 NE RIVERSIDE PARKWAY, PORTLAND OR 972304975
Jeffrey Justin White officer: VP Finance, CAO, Interim CFO SPORTSMAN'S WAREHOUSE, 1475 WEST 9000 SOUTH SUITE A, WEST JORDAN UT 84088
Christopher Eastland director C/O SEIDLER KUTSENDA MANAGEMENT COMPANY, 4640 ADMIRALTY WAY, SUITE 1200, MARINA DEL REY CA 90292
Robert K. Julian officer: Chief Financial Officer C/O SPORTSMAN'S WAREHOUSE, 7035 SOUTH HIGH TECH DRIVE, MIDVALE UT 84047
Martha Helena Bejar director C/O POLYCOM, INC., 6001 AMERICA CENTER DRIVE, SAN JOSE CA 95002
Kent Vernon Graham director 11727 FOLKSTONE LANE, LOS ANGELES CA 90077
Philip Williamson director C/O SPORTSMAN'S WAREHOUSE HOLDINGS, INC., 7035 SOUTH HIGH TECH DRIVE, MIDVALE UT 84047

Sportsman's Warehouse Holdings (Sportsman's Warehouse Holdings) Headlines