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Maisons du Monde France (Maisons du Monde France) Interest Coverage : 6.17 (As of Jun. 2023)


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What is Maisons du Monde France 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. Maisons du Monde France's Operating Income for the six months ended in Jun. 2023 was $64 Mil. Maisons du Monde France's Interest Expense for the six months ended in Jun. 2023 was $-10 Mil. Maisons du Monde France's interest coverage for the quarter that ended in Jun. 2023 was 6.17. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Maisons du Monde France's Interest Coverage or its related term are showing as below:

MDOUF' s Interest Coverage Range Over the Past 10 Years
Min: 0.74   Med: 4.27   Max: 17.3
Current: 5.32


MDOUF's Interest Coverage is ranked worse than
60.32% of 756 companies
in the Retail - Cyclical industry
Industry Median: 7.87 vs MDOUF: 5.32

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


Maisons du Monde France Interest Coverage Historical Data

The historical data trend for Maisons du Monde France'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.

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Maisons du Monde France Interest Coverage Chart

Maisons du Monde France Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.49 4.83 7.57 3.71 No Debt

Maisons du Monde France Semi-Annual Data
Dec13 Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 11.06 2.85 4.48 6.17 No Debt

Competitive Comparison of Maisons du Monde France's Interest Coverage

For the Home Improvement Retail subindustry, Maisons du Monde France'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.


Maisons du Monde France's Interest Coverage Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Maisons du Monde France's Interest Coverage falls into.



Maisons du Monde France 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.

Maisons du Monde France's Interest Coverage for the fiscal year that ended in Dec. 2022 is calculated as

Here, for the fiscal year that ended in Dec. 2022, Maisons du Monde France's Interest Expense was $-19 Mil. Its Operating Income was $72 Mil. And its Long-Term Debt & Capital Lease Obligation was $524 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2022 )/Interest Expense (A: Dec. 2022 )
=-1*72.335/-19.493
=3.71

Maisons du Monde France's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Here, for the six months ended in Jun. 2023, Maisons du Monde France's Interest Expense was $-10 Mil. Its Operating Income was $64 Mil. And its Long-Term Debt & Capital Lease Obligation was $521 Mil.

Interest Coverage=-1* Operating Income (Q: Jun. 2023 )/Interest Expense (Q: Jun. 2023 )
=-1*64.139/-10.401
=6.17

* 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.


Maisons du Monde France  (OTCPK:MDOUF) 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 .


Maisons du Monde France Interest Coverage Related Terms

Thank you for viewing the detailed overview of Maisons du Monde France's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Maisons du Monde France (Maisons du Monde France) Business Description

Traded in Other Exchanges
Address
Le Portereau, BP 52402, Vertou, FRA, 44120
Maisons du Monde France SA is a multichannel retailer of stylish affordable homeware. Its product range consists of homeware products, decoration items, and furniture. The product categories include small decorative items such as household textiles, tableware and kitchenware, mirrors and picture frames, as well as large decorative items and furniture such as large mirrors and lamps, tables, chairs, armchairs and sofas, cupboards, bookshelves and outdoor furniture. It sells its products through its network of stores and its online platform to the customers based in European markets.

Maisons du Monde France (Maisons du Monde France) Headlines

From GuruFocus

Roger Edgley Comments on Maisons du Monde S.A.

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