SMFL (Smart for Life) Interest Coverage: 0 (At Loss) (As of Dec. 2023)


What is Smart for Life Interest Coverage?

Smart for Life SMFL Interest Coverage is 0 (At Loss) as of Dec. 2023.

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. Smart for Life's Operating Income for the three months ended in Dec. 2023 was $-1.75 Mil. Smart for Life's Interest Expense for the three months ended in Dec. 2023 was $-1.21 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 Smart for Life's Interest Coverage or its related term are showing as below:


SMFL's Interest Coverage is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 8.57
* 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.

Smart for Life  (OTCPK:SMFL) 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 .

Smart for Life Interest Coverage Related Terms

Smart for Life Interest Coverage Historical Data

* Premium members only.

The historical data trend for Smart for Life'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.

Smart for Life Interest Coverage Chart

Smart for Life Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
0.00 0.00 0.00 0.00 0.00

Smart for Life Quarterly Data
Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.00 0.00 0.00 0.00 0.00

SMFL vs RIBT, KHC, GIS: Interest Coverage Comparison

For the Packaged Foods subindustry, Smart for Life'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.

Smart for Life Interest Coverage vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Smart for Life's Interest Coverage falls into.


Smart for Life 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.

Smart for Life's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Smart for Life's Interest Expense was $-4.64 Mil. Its Operating Income was $-11.31 Mil. And its Long-Term Debt & Capital Lease Obligation was $3.55 Mil.

Smart for Life did not have earnings to cover the interest expense.

Smart for Life's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Smart for Life's Interest Expense was $-1.21 Mil. Its Operating Income was $-1.75 Mil. And its Long-Term Debt & Capital Lease Obligation was $3.55 Mil.

Smart for Life 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?
Smart for Life (SMFL) has a Interest Coverage of 0 (At Loss) as of Dec. 2023. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Smart for Life and its competitors.
Is Smart for Life's Interest Coverage too high?
Smart for Life's current Interest Coverage is 0 (At Loss).
How does Smart for Life's Interest Coverage compare to RIBT and KHC?
Smart for Life's Interest Coverage of 0 (At Loss) can be compared against companies in the Consumer Packaged Goods industry. The industry median Interest Coverage is 8.57. 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 8.57, based on 1,505 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 Smart for Life and its competitors. For the Consumer Packaged Goods industry, the median Interest Coverage is 8.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smart for Life'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 Smart for Life stock overvalued right now?
Smart for Life (SMFL) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). 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 Smart for Life (SMFL), the current Interest Coverage is 0 (At Loss) as of Dec. 2023. 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.

Smart for Life Business Description

Address 990 Biscayne Boulevard, Suite 505, Miami, FL, USA, 33132
Smart for Life Inc is engaged in the development, marketing, manufacturing, acquisition, operation and sale of a broad spectrum of nutritional and related products with an emphasis on health and wellness. It generates revenues by manufacturing and packaging nutraceutical products as a contract manufacturer for customers.