Puig Brands (CHIX:PUIGE) Interest Coverage : 18.24 (As of Dec. 2024)

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What is Puig Brands 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. Puig Brands's Operating Income for the six months ended in Dec. 2024 was €435 Mil. Puig Brands's Interest Expense for the six months ended in Dec. 2024 was €-24 Mil. Puig Brands's interest coverage for the quarter that ended in Dec. 2024 was 18.24. The higher the ratio, the stronger the company's financial strength is.

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

CHIX:PUIGe' s Interest Coverage Range Over the Past 10 Years
Min: 9.76 Med: 12.98 Max: 16.26
Current: 11.1

CHIX:PUIGe's Interest Coverage is ranked better than
53.67% of 1472 companies
in the Consumer Packaged Goods industry
Industry Median: 8.77 vs CHIX:PUIGe: 11.10

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

Puig Brands Interest Coverage Historical Data

The historical data trend for Puig Brands'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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Puig Brands Interest Coverage Chart

Puig Brands Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Interest Coverage

14.38

16.26

11.58

9.76

Puig Brands Semi-Annual Data
	Dec21	Dec22	Jun23	Dec23	Jun24	Dec24
Interest Coverage	Get a 7-Day Free Trial			N/A	12.83	9.07	7.17	18.24

Competitive Comparison of Puig Brands's Interest Coverage

For the Household & Personal Products subindustry, Puig Brands'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.

Puig Brands's Interest Coverage Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Puig Brands's Interest Coverage falls into.

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Puig Brands 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.

Puig Brands's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Puig Brands's Interest Expense was €-77 Mil. Its Operating Income was €749 Mil. And its Long-Term Debt & Capital Lease Obligation was €1,130 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2024 )	/	Interest Expense (A: Dec. 2024 )
	=	-1	*	749.386	/	-76.807
	=	9.76

Puig Brands's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, Puig Brands's Interest Expense was €-24 Mil. Its Operating Income was €435 Mil. And its Long-Term Debt & Capital Lease Obligation was €1,130 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	434.569	/	-23.824
	=	18.24

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

Puig Brands (CHIX:PUIGe) 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 .

Puig Brands Interest Coverage Related Terms

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

Puig Brands Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Puig Brands SA (CHIX:PUIGe) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

PUGBY:USA PUIGF:USA PUIGN:Mexico 1PUIG:Italy PUIG:Spain B1B:Germany

Address

Plaza Europa 46-48, L Hospitalet de Llobregat, Barcelona, ESP, 08902

Website

https://www.puig.com

Puig is a premium beauty product maker that focuses on fragrances (76% of 2024 sales), with more limited exposure to color cosmetics (16%) and skincare (11%). Through a series of acquisitions, Puig has built a premium portfolio, including brands such as Rabanne, Carolina Herrera, Byredo, L'Artisan Parfumeur, Penhaligon's, Dries Van Noten, and Charlotte Tilbury, which contributes 95% of total sales. It also has long-term licensing agreements with Christian Louboutin, Adolfo Dominguez, and Antonio Banderas. Puig generates close to 55% of sales from Europe, 36% from the Americas, and 9% from Asia. The Puig family owns 74% of the economic interests in the company and 93% of the voting rights via a dual-class share structure.

Puig Brands Headlines

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