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BLBD (Blue Bird) Interest Coverage : 18.59 (As of Mar. 2025)


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What is Blue Bird 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. Blue Bird's Operating Income for the three months ended in Mar. 2025 was $34 Mil. Blue Bird's Interest Expense for the three months ended in Mar. 2025 was $-2 Mil. Blue Bird's interest coverage for the quarter that ended in Mar. 2025 was 18.59. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Blue Bird's Interest Coverage or its related term are showing as below:

BLBD' s Interest Coverage Range Over the Past 10 Years
Min: 0.67   Med: 2.87   Max: 16.79
Current: 16.79


BLBD's Interest Coverage is ranked better than
65.09% of 169 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 9.67 vs BLBD: 16.79

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


Blue Bird Interest Coverage Historical Data

The historical data trend for Blue Bird'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.

Blue Bird Interest Coverage Chart

Blue Bird Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.80 0.67 - 2.87 13.17

Blue Bird Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 12.83 18.86 12.61 17.25 18.59

Competitive Comparison of Blue Bird's Interest Coverage

For the Farm & Heavy Construction Machinery subindustry, Blue Bird'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.


Blue Bird's Interest Coverage Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Blue Bird's Interest Coverage distribution charts can be found below:

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


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Blue Bird 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.

Blue Bird's Interest Coverage for the fiscal year that ended in Sep. 2024 is calculated as

Here, for the fiscal year that ended in Sep. 2024, Blue Bird's Interest Expense was $-11 Mil. Its Operating Income was $139 Mil. And its Long-Term Debt & Capital Lease Obligation was $90 Mil.

Interest Coverage=-1* Operating Income (A: Sep. 2024 )/Interest Expense (A: Sep. 2024 )
=-1*139.331/-10.579
=13.17

Blue Bird's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Blue Bird's Interest Expense was $-2 Mil. Its Operating Income was $34 Mil. And its Long-Term Debt & Capital Lease Obligation was $88 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*33.711/-1.813
=18.59

* 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.


Blue Bird  (NAS:BLBD) 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 .


Blue Bird Interest Coverage Related Terms

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


Blue Bird Business Description

Traded in Other Exchanges
Address
3920 Arkwright Road, 2nd Floor, Macon, GA, USA, 31210
Blue Bird Corp is an American bus manufacturing company. It is an independent designer and manufacturer of school buses. The company operates in two segments; the Bus segment which involves the design, engineering, manufacture, and sales of school buses and extended warranties; and the Parts segment which includes the sales of replacement bus parts. Geographically, the company generates a majority of its revenue from its customers in the United States and the rest from Canada and Rest of the world.
Executives
Razvan Radulescu officer: Chief Financial Officer 3920 ARKWRIGHT ROAD, SUITE 200, MACON GA 31210
Phil Horlock director, officer: President and CEO C/O LOJACK CORPORATION, 40 PEQUOT WAY, CANTON MA 02021
Britton Smith officer: President 3920 ARKWRIGHT RD, SUITE 200, MACON GA 31210
Ted Scartz officer: SVP General Counsel 3920 ARKWRIGHT RD #200, MACON GA 31210
Gurminder S Bedi director ONE CAMPUS MARTIUS, DETROIT MI 48226
Asp Bb Holdings Llc 10 percent owner 299 PARK AVENUE, 34TH FLOOR, NEW YORK NY 10171
Julie A Fream director 3920 ARKWRIGHT RD #200, MACON GA 31210
Coliseum Capital Management, Llc director, 10 percent owner 105 ROWAYTON AVENUE, ROWAYTON CT 06853
Mark Blaufuss director C/O BLUE BIRD CORPORATION, 3920 ARKWRIGHT ROAD, SUITE 200, MACON GA 31210
Simon J Newman director 3920 ARKWRIGHT RD # 200, MACON GA 31210
Matthew Stevenson officer: President 150 PEABODY PLACE, M.S. LEGL-0008, MEMPHIS TN 38103
Paul Yousif officer: See Remarks C/O BLUE BIRD CORPORATION, 402 BLUE BIRD BOULEVARD, FORT VALLEY GA 31030
Jared Sperling director C/O AMERICAN SECURITIES LLC, 299 PARK AVENUE, 34TH FLOOR, NEW YORK NY 10171
Mark Ashburn Terry officer: Chief Commercial Officer 402 BLUE BIRD BLVD, FORT VALLEY GA 31030
Jeffery L Taylor officer: Chief Financial Officer 1000 SAGAMORE PARKWAY SOUTH, LAFAYETTE IN 47905