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BFYW (Better For You Wellness) Interest Coverage : 0 (At Loss) (As of Aug. 2024)


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What is Better For You Wellness 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. Better For You Wellness's Operating Income for the three months ended in Aug. 2024 was $-0.20 Mil. Better For You Wellness's Interest Expense for the three months ended in Aug. 2024 was $-0.11 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 Better For You Wellness's Interest Coverage or its related term are showing as below:


BFYW's Interest Coverage is not ranked *
in the Diversified Financial Services industry.
Industry Median: No Debt
* 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.


Better For You Wellness Interest Coverage Historical Data

The historical data trend for Better For You Wellness'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.

Better For You Wellness Interest Coverage Chart

Better For You Wellness Annual Data
Trend Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Feb22 Feb23 Feb24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - No Debt - -

Better For You Wellness Quarterly Data
Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 May21 Aug21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 - - - - -

Competitive Comparison of Better For You Wellness's Interest Coverage

For the Shell Companies subindustry, Better For You Wellness'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.


Better For You Wellness's Interest Coverage Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Better For You Wellness's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Better For You Wellness's Interest Coverage falls into.


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Better For You Wellness 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.

Better For You Wellness's Interest Coverage for the fiscal year that ended in Feb. 2024 is calculated as

Here, for the fiscal year that ended in Feb. 2024, Better For You Wellness's Interest Expense was $-0.14 Mil. Its Operating Income was $-1.65 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.08 Mil.

Better For You Wellness did not have earnings to cover the interest expense.

Better For You Wellness's Interest Coverage for the quarter that ended in Aug. 2024 is calculated as

Here, for the three months ended in Aug. 2024, Better For You Wellness's Interest Expense was $-0.11 Mil. Its Operating Income was $-0.20 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.05 Mil.

Better For You Wellness 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.


Better For You Wellness  (OTCPK:BFYW) 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 .


Better For You Wellness Interest Coverage Related Terms

Thank you for viewing the detailed overview of Better For You Wellness's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Better For You Wellness Business Description

Traded in Other Exchanges
N/A
Address
1349 East Broad Street, Suite 123, Columbus, OH, USA, 43205
Better For You Wellness Inc is engaged in building brands and companies organically as well as exploring and evaluating various opportunities in the plant-based and science-focused food and beverage and consumer packaged goods sectors, including but not limited to, mergers, acquisitions, or business combination transactions.

Better For You Wellness Headlines

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