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ARRT (Artisan Consumer Goods) Interest Coverage : No Debt (1) (As of Sep. 2024)


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What is Artisan Consumer Goods 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. Artisan Consumer Goods's Operating Income for the three months ended in Sep. 2024 was $-0.01 Mil. Artisan Consumer Goods's Interest Expense for the three months ended in Sep. 2024 was $0.00 Mil. Artisan Consumer Goods has no debt. The higher the ratio, the stronger the company's financial strength is.

(1) 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.

The historical rank and industry rank for Artisan Consumer Goods's Interest Coverage or its related term are showing as below:

ARRT' s Interest Coverage Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt


ARRT's Interest Coverage is ranked better than
99.58% of 1440 companies
in the Consumer Packaged Goods industry
Industry Median: 8.175 vs ARRT: No Debt

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


Artisan Consumer Goods Interest Coverage Historical Data

The historical data trend for Artisan Consumer Goods'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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Artisan Consumer Goods Interest Coverage Chart

Artisan Consumer Goods Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Artisan Consumer Goods Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Artisan Consumer Goods's Interest Coverage

For the Packaged Foods subindustry, Artisan Consumer Goods'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.


Artisan Consumer Goods's Interest Coverage Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Artisan Consumer Goods's Interest Coverage falls into.



Artisan Consumer Goods 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.

Artisan Consumer Goods's Interest Coverage for the fiscal year that ended in Jun. 2024 is calculated as

Here, for the fiscal year that ended in Jun. 2024, Artisan Consumer Goods's Interest Expense was $0.00 Mil. Its Operating Income was $-0.03 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Artisan Consumer Goods had no debt (1).

Artisan Consumer Goods's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Here, for the three months ended in Sep. 2024, Artisan Consumer Goods's Interest Expense was $0.00 Mil. Its Operating Income was $-0.01 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Artisan Consumer Goods had no debt (1).

* 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.


Artisan Consumer Goods  (OTCPK:ARRT) 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 .


Artisan Consumer Goods Interest Coverage Related Terms

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


Artisan Consumer Goods Business Description

Traded in Other Exchanges
N/A
Address
999 N Northlake Way, Suite 203, Seattle, WA, USA, 98103-3442
Artisan Consumer Goods Inc is into the business of branding, creating, sourcing, and distributing artisan consumer packaged goods. It is currently engaged in selling original and maple flavored granola products.
Executives
Amber Joy Finney director, 10 percent owner, officer: Pres., CEO, Treas. & Dir. 297 PRESIDENT STREET, BROOKLYN NY 11231

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