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Barnes & Noble (FRA:BAR) Interest Coverage : 0 (At Loss) (As of Apr. 2019)


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What is Barnes & Noble 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. Barnes & Noble's Operating Income for the three months ended in Apr. 2019 was €-18 Mil. Barnes & Noble's Interest Expense for the three months ended in Apr. 2019 was €-3 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 Barnes & Noble's Interest Coverage or its related term are showing as below:


FRA:BAR's Interest Coverage is not ranked *
in the Retail - Cyclical industry.
Industry Median: 7.78
* 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.


Barnes & Noble Interest Coverage Historical Data

The historical data trend for Barnes & Noble'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.

Barnes & Noble Interest Coverage Chart

Barnes & Noble Annual Data
Trend Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.10 1.67 7.28 0.77 2.87

Barnes & Noble Quarterly Data
Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19
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 - - - 30.04 -

Competitive Comparison of Barnes & Noble's Interest Coverage

For the Specialty Retail subindustry, Barnes & Noble'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.


Barnes & Noble's Interest Coverage Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Barnes & Noble's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Barnes & Noble's Interest Coverage falls into.



Barnes & Noble 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.

Barnes & Noble's Interest Coverage for the fiscal year that ended in Apr. 2019 is calculated as

Here, for the fiscal year that ended in Apr. 2019, Barnes & Noble's Interest Expense was €-12 Mil. Its Operating Income was €34 Mil. And its Long-Term Debt & Capital Lease Obligation was €181 Mil.

Interest Coverage=-1* Operating Income (A: Apr. 2019 )/Interest Expense (A: Apr. 2019 )
=-1*34.35/-11.968
=2.87

Barnes & Noble's Interest Coverage for the quarter that ended in Apr. 2019 is calculated as

Here, for the three months ended in Apr. 2019, Barnes & Noble's Interest Expense was €-3 Mil. Its Operating Income was €-18 Mil. And its Long-Term Debt & Capital Lease Obligation was €181 Mil.

Barnes & Noble 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.


Barnes & Noble  (FRA:BAR) 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 .


Barnes & Noble Interest Coverage Related Terms

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


Barnes & Noble (FRA:BAR) Business Description

Traded in Other Exchanges
N/A
Address
122 Fifth Avenue, New York, NY, USA, 10011
Barnes & Noble is a United States-based company that is mainly engaged in retail of books and products of content, digital media, and educational products. The company operates in a multichannel model, including a physical bookstore network throughout the country, an e-commerce platform on BN.com, and its Nook digital business. The company offers books, magazines, music, DVDs, newspapers, and entertainment content, along with e-reading products under the Nook brand. Retail sales from physical stores and BN.com account for the majority of the company's total revenue.