Blender Bites (FRA:JL4) Interest Coverage: 0 (At Loss) (As of Jul. 2024)


FRA:JL4 Blender Bites Ltd FRA:JL4
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Price €0.06
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What is Blender Bites Interest Coverage?

Blender Bites FRA:JL4 10 Interest Coverage is 0 (At Loss) as of Jul. 2024. GuruFocus rates FRA:JL4 with a GF Score™ of 10/100.

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. Blender Bites's Operating Income for the three months ended in Jul. 2024 was €-0.78 Mil. Blender Bites's Interest Expense for the three months ended in Jul. 2024 was €-0.01 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 Blender Bites's Interest Coverage or its related term are showing as below:


FRA:JL4's Interest Coverage is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 8.585
* 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.


Blender Bites  (FRA:JL4) 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 .


Blender Bites Interest Coverage Related Terms


Blender Bites Interest Coverage Historical Data

* Premium members only.

The historical data trend for Blender Bites'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.

Blender Bites Interest Coverage Chart

Blender Bites Annual Data
Trend Nov14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Oct21 Oct22 Oct23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt 0.00 0.00 0.00 0.00

Blender Bites Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 No Debt 0.00 0.00 0.00 0.00

FRA:JL4 vs JBS, KHC, K: Interest Coverage Comparison

For the Packaged Foods subindustry, Blender Bites'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.


Blender Bites Interest Coverage vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Blender Bites's Interest Coverage falls into.


FRA:JL4
10GF Score
Blender Bites Ltd FRA:JL4
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Blender Bites 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.

Blender Bites's Interest Coverage for the fiscal year that ended in Oct. 2023 is calculated as

Here, for the fiscal year that ended in Oct. 2023, Blender Bites's Interest Expense was €-0.00 Mil. Its Operating Income was €-5.91 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

Blender Bites did not have earnings to cover the interest expense.

Blender Bites's Interest Coverage for the quarter that ended in Jul. 2024 is calculated as

Here, for the three months ended in Jul. 2024, Blender Bites's Interest Expense was €-0.01 Mil. Its Operating Income was €-0.78 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

Blender Bites 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0 (At Loss) mean?
Blender Bites (FRA:JL4) has a Interest Coverage of 0 (At Loss) as of Jul. 2024. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Blender Bites and its competitors.
Is Blender Bites' Interest Coverage too high?
Blender Bites' current Interest Coverage is 0 (At Loss). Overall, Blender Bites has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Blender Bites' Interest Coverage compare to JBS and KHC?
Blender Bites' Interest Coverage of 0 (At Loss) can be compared against companies in the Consumer Packaged Goods industry. The industry median Interest Coverage is 8.59. 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 Consumer Packaged Goods company?
The median Interest Coverage among Consumer Packaged Goods companies is 8.59, based on 1,506 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 Blender Bites and its competitors. For the Consumer Packaged Goods industry, the median Interest Coverage is 8.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blender Bites'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 Blender Bites stock overvalued right now?
Blender Bites (FRA:JL4) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). Blender Bites' overall GF Score™ is 10/100. 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 Blender Bites (FRA:JL4), the current Interest Coverage is 0 (At Loss) as of Jul. 2024. 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.

Blender Bites Business Description

Address 1199 West Hastings Street, Suite 800, Vancouver, BC, CAN, V6E 3T5
Blender Bites Ltd is functional foods company which is focused on the manufacturing and distribution of natural and organic frozen smoothie products. The Company is operating its business in one reportable segment: the sale of functional frozen beverages.
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Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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