Fortune Shoes (DHA:FORTUNE) Interest Coverage: 0 (At Loss) (As of . 20)


DHA:FORTUNE Fortune Shoes Ltd DHA:FORTUNE
28 GF Score
Price BDT17.80
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What is Fortune Shoes Interest Coverage?

Fortune Shoes DHA:FORTUNE +3.49% 28 Interest Coverage is 0 (At Loss) as of . 20. GuruFocus rates DHA:FORTUNE with a GF Score™ of 28/100. Among 741 Manufacturing - Apparel & Accessories companies, Fortune Shoes ranks worse than 134952.63% on this metric.

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. Fortune Shoes's Operating Income for the six months ended in . 20 was BDT0.00 Mil. Fortune Shoes's Interest Expense for the six months ended in . 20 was BDT0.00 Mil. did not have earnings to cover the interest expense. 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 Fortune Shoes's Interest Coverage or its related term are showing as below:


DHA:FORTUNE's Interest Coverage is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 5.43
* 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.


Fortune Shoes  (DHA:FORTUNE) 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 .


Fortune Shoes Interest Coverage Related Terms


Fortune Shoes Interest Coverage Historical Data

* Premium members only.

The historical data trend for Fortune Shoes'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.

Fortune Shoes Interest Coverage Chart

Fortune Shoes Annual Data
Trend
Interest Coverage

Fortune Shoes Semi-Annual Data
Interest Coverage

Fortune Shoes Interest Coverage Competitor Comparison

For the Footwear & Accessories subindustry, Fortune Shoes'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.


Fortune Shoes Interest Coverage vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Fortune Shoes's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Fortune Shoes's Interest Coverage falls into.


DHA:FORTUNE
28GF Score
Fortune Shoes Ltd DHA:FORTUNE
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Fortune Shoes 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.

Fortune Shoes's Interest Coverage for the fiscal year that ended in . 20 is calculated as

Here, for the fiscal year that ended in . 20, Fortune Shoes's Interest Expense was BDT0.00 Mil. Its Operating Income was BDT0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was BDT0.00 Mil.

Fortune Shoes had no debt (1).

Fortune Shoes's Interest Coverage for the quarter that ended in . 20 is calculated as

Here, for the six months ended in . 20, Fortune Shoes's Interest Expense was BDT0.00 Mil. Its Operating Income was BDT0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was BDT0.00 Mil.

Fortune Shoes 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0 (At Loss) mean?
Fortune Shoes (DHA:FORTUNE) has a Interest Coverage of 0 (At Loss) as of . 20. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Fortune Shoes and its competitors. According to the industry distribution chart, Fortune Shoes ranks #999999 out of 741 companies in the Manufacturing - Apparel & Accessories industry.
Is Fortune Shoes' Interest Coverage too high?
Fortune Shoes' current Interest Coverage is 0 (At Loss). Based on the distribution chart, Fortune Shoes ranks #999999 out of 741 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Fortune Shoes has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Fortune Shoes' Interest Coverage compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Fortune Shoes ranks #999999 out of 741 companies for Interest Coverage. This places Fortune Shoes in the lower half of its industry. The industry median Interest Coverage is 5.43. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Manufacturing - Apparel & Accessories company?
The median Interest Coverage among Manufacturing - Apparel & Accessories companies is 5.43, based on 741 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Fortune Shoes and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Interest Coverage is 5.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fortune Shoes's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortune Shoes stock overvalued right now?
Fortune Shoes (DHA:FORTUNE) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). Fortune Shoes' overall GF Score™ is 28/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Fortune Shoes (DHA:FORTUNE), the current Interest Coverage is 0 (At Loss) as of . 20. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Fortune Shoes Business Description

Address Road No. 08, Plot No. 34 & 36, Block E, Suite C-3, Moon Island, Gulshan-1, Niketon, Dhaka, BGD, 1212
Fortune Shoes Ltd is engaged in manufacturing and exporting leather shoes and footwear.
28GF Score

Get the complete analysis for DHA:FORTUNE

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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