Ten Lifestyle Group (LSE:TENG) Interest Coverage : 1.63 (As of Feb. 2024)

Ten Lifestyle Group Interest Coverage Chart

Ten Lifestyle Group Annual Data
	Trend	Aug15	Aug16	Aug17	Aug18	Aug19	Aug20	Aug21	Aug22	Aug23
Interest Coverage		Get a 7-Day Free Trial				-	-	-	-	2.73

Ten Lifestyle Group Semi-Annual Data
	Aug15	Aug16	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Interest Coverage	Get a 7-Day Free Trial											N/A	-	3.61	2.47	1.63

Competitive Comparison of Ten Lifestyle Group's Interest Coverage

For the Travel Services subindustry, Ten Lifestyle Group'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.

Ten Lifestyle Group's Interest Coverage Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Ten Lifestyle Group's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Ten Lifestyle Group's Interest Coverage falls into.

Ten Lifestyle Group 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

Else if Interest Expense is negative and Operating Income is negative, then

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

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

Ten Lifestyle Group's Interest Coverage for the fiscal year that ended in Aug. 2023 is calculated as

Here, for the fiscal year that ended in Aug. 2023, Ten Lifestyle Group's Interest Expense was £-0.66 Mil. Its Operating Income was £1.80 Mil. And its Long-Term Debt & Capital Lease Obligation was £3.35 Mil.

Ten Lifestyle Group's Interest Coverage for the quarter that ended in Feb. 2024 is calculated as

Here, for the six months ended in Feb. 2024, Ten Lifestyle Group's Interest Expense was £-0.41 Mil. Its Operating Income was £0.67 Mil. And its Long-Term Debt & Capital Lease Obligation was £5.26 Mil.

* 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.

Ten Lifestyle Group  (LSE:TENG) 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 .

Ten Lifestyle Group Interest Coverage Related Terms

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Ten Lifestyle Group (LSE:TENG) Business Description