Staples (Staples) Interest Coverage : 10.60 (As of Jul. 2017)

Staples Interest Coverage Chart

Staples Annual Data
	Trend	Jan08	Jan09	Jan10	Jan11	Jan12	Jan13	Jan14	Jan15	Jan16	Jan17
Interest Coverage		Get a 7-Day Free Trial					3.14	9.89	6.17	5.13	-

Staples Quarterly Data
	Oct12	Jan13	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16	Apr16	Jul16	Oct16	Jan17	Apr17	Jul17
Interest Coverage	Get a 7-Day Free Trial															-	27.09	15.50	16.30	10.60

Competitive Comparison of Staples's Interest Coverage

For the Specialty Retail subindustry, Staples'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.

Staples's Interest Coverage Distribution in the Retail - Cyclical Industry

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

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

Staples 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.

Staples's Interest Coverage for the fiscal year that ended in Jan. 2017 is calculated as

Here, for the fiscal year that ended in Jan. 2017, Staples's Interest Expense was $-81 Mil. Its Operating Income was $-264 Mil. And its Long-Term Debt & Capital Lease Obligation was $529 Mil.

Staples's Interest Coverage for the quarter that ended in Jul. 2017 is calculated as

Here, for the three months ended in Jul. 2017, Staples's Interest Expense was $-10 Mil. Its Operating Income was $106 Mil. And its Long-Term Debt & Capital Lease Obligation was $524 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.

Staples  (NAS:SPLS) 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 .

Staples Interest Coverage Related Terms

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Staples (Staples) Business Description