United States Lime & Minerals (United States Lime & Minerals) Interest Coverage

: N/A (As of Dec. 2023)

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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. United States Lime & Minerals's Operating Income for the three months ended in Dec. 2023 was $19.0 Mil. United States Lime & Minerals's Interest Expense for the three months ended in Dec. 2023 was $0.0 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. United States Lime & Minerals Inc has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for United States Lime & Minerals's Interest Coverage or its related term are showing as below:

USLM' s Interest Coverage Range Over the Past 10 Years
Min: 11.89 Med: 100.53 Max: 667.36
Current: 667.36

USLM's Interest Coverage is ranked better than
95.41% of 305 companies
in the Building Materials industry
Industry Median: 6.91 vs USLM: 667.36

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

United States Lime & Minerals Interest Coverage Historical Data

The historical data trend for United States Lime & Minerals'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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United States Lime & Minerals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

123.67

142.82

185.67

215.68

N/A

United States Lime & Minerals Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Coverage																191.73	310.00	356.44	N/A	N/A

Competitive Comparison

For the Building Materials subindustry, United States Lime & Minerals'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.

United States Lime & Minerals Interest Coverage Distribution

For the Building Materials industry and Basic Materials sector, United States Lime & Minerals's Interest Coverage distribution charts can be found below:

* The bar in red indicates where United States Lime & Minerals's Interest Coverage falls into.

United States Lime & Minerals 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.

United States Lime & Minerals'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, United States Lime & Minerals's Interest Expense was $0.0 Mil. Its Operating Income was $85.4 Mil. And its Long-Term Debt & Capital Lease Obligation was $3.9 Mil.

GuruFocus does not calculate United States Lime & Minerals's interest coverage with the available data.

United States Lime & Minerals's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, United States Lime & Minerals's Interest Expense was $0.0 Mil. Its Operating Income was $19.0 Mil. And its Long-Term Debt & Capital Lease Obligation was $3.9 Mil.

GuruFocus does not calculate United States Lime & Minerals's interest coverage with the available data.

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

United States Lime & Minerals (NAS:USLM) 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 .

United States Lime & Minerals Interest Coverage Related Terms

Thank you for viewing the detailed overview of United States Lime & Minerals's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.

United States Lime & Minerals (United States Lime & Minerals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » United States Lime & Minerals Inc (NAS:USLM) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

ULI:Germany

Address

5429 LBJ Freeway, Suite 230, Dallas, TX, USA, 75240

Website

http://www.uslm.com

United States Lime & Minerals Inc is engaged in the business of manufacturing lime and limestone products including PLS, quicklime, hydrated lime, and lime slurry. It supplies primarily to the construction (including highway, road, and building contractors), industrial (including paper and glass manufacturers), environmental (including municipal sanitation and water treatment facilities and flue gas treatment processes), metals (including steel producers), oil and gas services, roof shingle manufacturers and agriculture (including poultry and cattle feed producers) industries. The company operates lime and limestone plants and distribution facilities in Arkansas, Colorado, Louisiana, Missouri, Oklahoma, and Texas.

Executives

Timothy Wade Stone	other: Director - Sales & Marketing	5429 LBJ FREEWAY; SUITE 230, DALLAS TX 75240
Sandra C Duhe	director	5429 LBJ FREEWAY; SUITE 230, DALLAS TX 75240
Timothy W Byrne	director, officer: President & CEO	5429 LBJ FREEWAY, SUITE 230, DALLAS TX 75240
Nathan O'neill	officer: Vice President	5429 LBJ FRWY; STE 230, DALLAS TX 75240
Bill Hughes	officer: Senior Vice President	5429 LBJ FREEWAY, SUITE 230, DALLAS TX 75240
Hawkins Tom S Jr	director	5429 LBJ FREEWAY; SUITE 230, DALLAS TX 75420
John J Gagnon	officer: Vice President	5429 LBJ FREEWAY; SUITE 230, DALLAS TX 75240
Inberdon Enterprises Ltd	10 percent owner	1020 789 WEST PENDER ST, VANCOUVER A1 00000
Edward A Odishaw	director	5429 LBJ FREEWAY, SUITE 230, DALLAS TX 75240
George Michel Doumet	10 percent owner	#2201 - 2077 NELSON STREET, VANCOUVER A1 V6G 2Y2
Richard W Cardin	director	5429 LBJ FREEWAY, SUITE 230, DALLAS TX 75240
Ray M Harlin	director
Michael L Wiedemer	officer: VP & CFO	5429 LBJ FREEWAY, SUITE 230, DALLAS TX 75240
M Michael Owens	officer: Vice President	5429 LBJ FREEWAY STE 230, DALLAS TX 75240
David Leymeister	officer: Vice President	5711 PRESTON OAKS ROAD, #1433, DALLAS TX 75254