Leslies (HAM:LE30) Interest Coverage: 0 (At Loss) (As of Mar. 2026)


HAM:LE30 Leslies Inc HAM:LE30
57 GF Score
Price €7.75
GF Value €45.45
Valuation Possible Value Trap
! 9 Warning Signs
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What is Leslies Interest Coverage?

Leslies HAM:LE30 -11.43% 57 Interest Coverage is 0 (At Loss) as of Mar. 2026. GuruFocus rates HAM:LE30 with a GF Score™ of 57/100 and a GF Value™ of €45.45 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 827 Retail - Cyclical companies, Leslies ranks worse than 99.52% 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. Leslies's Operating Income for the three months ended in Mar. 2026 was €-34 Mil. Leslies's Interest Expense for the three months ended in Mar. 2026 was €-12 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Leslies Incs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

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

HAM:LE30' s Interest Coverage Range Over the Past 10 Years
Min: 0.08   Med: 1.41   Max: 7.9
Current: 0.08


HAM:LE30's Interest Coverage is ranked worse than
99.52% of 827 companies
in the Retail - Cyclical industry
Industry Median: 7.91 vs HAM:LE30: 0.08

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


Leslies  (HAM:LE30) 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 .


Leslies Interest Coverage Related Terms


Leslies Interest Coverage Historical Data

* Premium members only.

The historical data trend for Leslies'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.

Leslies Interest Coverage Chart

Leslies Annual Data
Trend Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Interest Coverage
Get a 7-Day Free Trial 6.08 7.90 1.56 0.81 0.22

Leslies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 4.33 2.18 0.00 0.00

HAM:LE30 vs PTLE, NPT, SPWH: Interest Coverage Comparison

For the Specialty Retail subindustry, Leslies'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.


Leslies Interest Coverage vs Retail - Cyclical Industry

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

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


HAM:LE30
57GF Score
Leslies Inc HAM:LE30
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Leslies 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.

Leslies's Interest Coverage for the fiscal year that ended in Sep. 2025 is calculated as

Here, for the fiscal year that ended in Sep. 2025, Leslies's Interest Expense was €-54 Mil. Its Operating Income was €12 Mil. And its Long-Term Debt & Capital Lease Obligation was €798 Mil.

Interest Coverage=-1* Operating Income (A: Sep. 2025 )/Interest Expense (A: Sep. 2025 )
=-1*11.903/-53.607
=0.22

Leslies's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Leslies's Interest Expense was €-12 Mil. Its Operating Income was €-34 Mil. And its Long-Term Debt & Capital Lease Obligation was €882 Mil.

Leslies 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?
Leslies (HAM:LE30) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Leslies and its competitors. Over the past decade, Leslies' Interest Coverage has ranged from 0.08 to 7.90. According to the industry distribution chart, Leslies ranks #823 out of 827 companies in the Retail - Cyclical industry, placing it in the top 99.5%.
Is Leslies' Interest Coverage too high?
Leslies' current Interest Coverage is 0 (At Loss). Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 7.90. Based on the distribution chart, Leslies ranks #823 out of 827 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Leslies has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Leslies' Interest Coverage compare to PTLE and NPT?
According to the Retail - Cyclical industry distribution chart, Leslies ranks #823 out of 827 companies for Interest Coverage. This places Leslies in the lower half of its industry. The industry median Interest Coverage is 7.91. Historically, Leslies' own Interest Coverage has ranged from 0.08 to 7.90 over the past decade. 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 Retail - Cyclical company?
The median Interest Coverage among Retail - Cyclical companies is 7.91, based on 827 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 Leslies and its competitors. For the Retail - Cyclical industry, the median Interest Coverage is 7.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leslies'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 Leslies stock overvalued right now?
Based on GuruFocus' analysis, Leslies (HAM:LE30) is currently considered Possible Value Trap. The stock's GF Value™ is €45.45, compared to a current price of €7.75 — trading 82.9% below its estimated fair value. The current Interest Coverage is 0 (At Loss). Leslies' overall GF Score™ is 57/100 with 9 warning signs to review. 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 Leslies (HAM:LE30), the current Interest Coverage is 0 (At Loss) as of Mar. 2026. 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.

Is Leslies (HAM:LE30) Overvalued in 2026?

Based on GuruFocus' analysis, Leslies stock appears to be undervalued. The current stock price of €7.75 is trading 82.9% below its estimated GF Value™ of €45.45. GuruFocus considers Leslies to be Possible Value Trap.

Key valuation signals for HAM:LE30:

  • Interest Coverage: 0 (At Loss)
  • GF Value™: €45.45 vs. price of €7.75 (82.9% below fair value)
  • GF Score™: 57/100 with 9 warning signs

No single metric tells the full story. See the HAM:LE30 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Leslies Business Description

Other Exchanges LESL:USALE30:Germany
Address 2005 East Indian School Road, Phoenix, AZ, USA, 85016
Leslies Inc is a direct-to-consumer pool and spa care brand offering a comprehensive assortment of products, including chemicals, equipment and parts, cleaning and maintenance equipment, and safety, recreational, and fitness-related products. The company serves residential pool, residential spa, professional pool, and commercial pool consumers and markets its products through over 1,000 company-operated locations in 39 states and e-commerce websites, operating only in the United States. It operates mainly in the pool and spa aftermarket industry and offers regularly purchased, non-discretionary maintenance items, along with installation and repair services for pool and spa equipment.
57GF Score

Get the complete analysis for HAM:LE30

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

€7.75
Price
€45.45
GF Value