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Academy Sports and Outdoors (Academy Sports and Outdoors) Interest Coverage : 10.79 (As of Apr. 2024)


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What is Academy Sports and Outdoors 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. Academy Sports and Outdoors's Operating Income for the three months ended in Apr. 2024 was $102 Mil. Academy Sports and Outdoors's Interest Expense for the three months ended in Apr. 2024 was $-9 Mil. Academy Sports and Outdoors's interest coverage for the quarter that ended in Apr. 2024 was 10.79. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Academy Sports and Outdoors's Interest Coverage or its related term are showing as below:

ASO' s Interest Coverage Range Over the Past 10 Years
Min: 1.19   Med: 4.86   Max: 18.53
Current: 14.76


ASO's Interest Coverage is ranked better than
63.48% of 764 companies
in the Retail - Cyclical industry
Industry Median: 7.825 vs ASO: 14.76

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


Academy Sports and Outdoors Interest Coverage Historical Data

The historical data trend for Academy Sports and Outdoors'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.

Academy Sports and Outdoors Interest Coverage Chart

Academy Sports and Outdoors Annual Data
Trend Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Interest Coverage
Get a 7-Day Free Trial 1.77 4.86 18.53 18.23 14.72

Academy Sports and Outdoors Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 11.24 18.65 12.51 16.22 10.79

Competitive Comparison of Academy Sports and Outdoors's Interest Coverage

For the Specialty Retail subindustry, Academy Sports and Outdoors'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.


Academy Sports and Outdoors's Interest Coverage Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Academy Sports and Outdoors's Interest Coverage falls into.



Academy Sports and Outdoors 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.

Academy Sports and Outdoors'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, Academy Sports and Outdoors's Interest Expense was $-46 Mil. Its Operating Income was $678 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,576 Mil.

Interest Coverage=-1* Operating Income (A: Jan. 2024 )/Interest Expense (A: Jan. 2024 )
=-1*677.855/-46.051
=14.72

Academy Sports and Outdoors's Interest Coverage for the quarter that ended in Apr. 2024 is calculated as

Here, for the three months ended in Apr. 2024, Academy Sports and Outdoors's Interest Expense was $-9 Mil. Its Operating Income was $102 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,583 Mil.

Interest Coverage=-1* Operating Income (Q: Apr. 2024 )/Interest Expense (Q: Apr. 2024 )
=-1*102.383/-9.486
=10.79

* 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.


Academy Sports and Outdoors  (NAS:ASO) 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 .


Academy Sports and Outdoors Interest Coverage Related Terms

Thank you for viewing the detailed overview of Academy Sports and Outdoors's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Academy Sports and Outdoors (Academy Sports and Outdoors) Business Description

Traded in Other Exchanges
N/A
Address
1800 North Mason Road, Katy, TX, USA, 77449
Academy Sports and Outdoors Inc is engaged in the retail business of sporting goods and outdoor recreation products. The company offers outdoor clothing, backpacks, sunglasses, luggage items, shooting equipment, fishing equipment, boating and water sports equipment, backyard recreation products, outdoor cooking equipment, fitness equipment, electronic items, dog supplies, and other products.
Executives
Jeffrey C. Tweedy director C/O ACADEMY SPORTS AND OUTDOORS, INC., 1800 NORTH MASON ROAD, KATY TX 77449
Samuel J Johnson officer: EVP, Retail Operations 4151 E 96TH STREET, INDIANAPOLIS IN 46240
Heather A. Davis officer: VP, Controller C/O ACADEMY SPORTS AND OUTDOORS, INC., 1800 NORTH MASON ROAD, KATY TX 77449
Ford Earl Carlton Iv officer: EVP & CFO C/O ACADEMY SPORTS AND OUTDOORS, INC., 1800 N MASON ROAD, KATY TX 77449
Matthew M. Mccabe officer: EVP & CMO C/O ACADEMY SPORTS AND OUTDOORS, INC., 1800 N MASON ROAD, KATY TX 77449
Michael P. Mullican officer: EVP & CFO C/O ACADEMY SPORTS AND OUTDOORS, INC., 1800 NORTH MASON ROAD, KATY TX 77449
Sherry L. Harriman officer: SVP, Logistics & Supply Chain C/O ACADEMY SPORTS AND OUTDOORS, INC., 1800 N MASON ROAD, KATY TX 77449
Manish Maini officer: SVP, Chief Information Officer C/O ACADEMY SPORTS AND OUTDOORS, INC., 1800 NORTH MASON ROAD, KATY TX 77449
Jamey Traywick Rutherford officer: SVP, Omnichannel C/O ACADEMY SPORTS AND OUTDOORS, INC., 1800 NORTH MASON ROAD, KATY TX 77449
William S. Ennis officer: See Remarks C/O ACADEMY SPORTS AND OUTDOORS, INC., 1800 NORTH MASON ROAD, KATY TX 77449
Rene G. Casares officer: SVP, General Counsel C/O ACADEMY SPORTS AND OUTDOORS, INC., 1800 NORTH MASON ROAD, KATY TX 77449
Theresa Palermo director 1800 N MASON RD, KATY TX 77449
Beryl Raff director 5555 DARROW RD, HUDSON OH 44236
Ken C Hicks director, officer: Chairman, President and CEO 150 N. ORANGE GROVE BLVD, PASADENA CA 91103
Brian T Marley director