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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. Sow Good's Operating Income for the three months ended in Dec. 2024 was $-4.11 Mil. Sow Good's Interest Expense for the three months ended in Dec. 2024 was $-0.22 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 Sow Good's Interest Coverage or its related term are showing as below:
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
The historical data trend for Sow Good'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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Trend | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | |||||||||||
Interest Coverage | Get a 7-Day Free Trial |
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Sow Good Quarterly Data | ||||||||||||||||||||
Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | Dec24 | |
Interest Coverage | Get a 7-Day Free Trial |
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3.71 | 2.22 | 8.14 | - | - |
For the Packaged Foods subindustry, Sow Good'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.
For the Consumer Packaged Goods industry and Consumer Defensive sector, Sow Good's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Sow Good's Interest Coverage falls into.
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.
Sow Good's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as
Here, for the fiscal year that ended in Dec. 2024, Sow Good's Interest Expense was $-1.47 Mil. Its Operating Income was $-1.56 Mil. And its Long-Term Debt & Capital Lease Obligation was $15.34 Mil.
Sow Good did not have earnings to cover the interest expense. |
Sow Good's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as
Here, for the three months ended in Dec. 2024, Sow Good's Interest Expense was $-0.22 Mil. Its Operating Income was $-4.11 Mil. And its Long-Term Debt & Capital Lease Obligation was $15.34 Mil.
Sow Good 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.
Sow Good (NAS:SOWG) 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 .
Thank you for viewing the detailed overview of Sow Good's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.
Ira Goldfarb | director, 10 percent owner, officer: Executive Chairman (1) | 1918 N. OLIVE ST, DALLAS TX 75201 |
Claudia Goldfarb | director, 10 percent owner, officer: Chief Executive Officer (2) | 1918 N. OLIVE STREET, APT. 3302, DALLAS TX 75201 |
Lyle Berman | director, 10 percent owner | 10275 WAYZATA BOULEVARD, SUITE 100, MINNETONKA MN 55305 |
Brad Berman | director, 10 percent owner | C/O LAKES ENTERTAINMENT, INC., 130 CHESHIRE LANE, MINNETONKA MN 55305 |
Joe Mueller | director | 6927 ALTAMONTE DRIVE, ROGERS AR 72758 |
Timothy James Creed | director | 3418 GOLF CLUB LN., NASHVILLE TN 37215 |
Brad Burke | officer: Interim CFO | 4049 PURDUE AVE, DALLAS TX 77225 |
Chris Ludeman | director | 6154 PARK LANE, DALLAS TX 75225 |
Greg Creed | director | 1441 GARDINER LANE, LOUISVILLE KY 40213 |
S-fdf, Llc | 10 percent owner | 1440 N. UNION BOWER RD., IRVIN TX 75061 |
Benjamin S Oehler | director | 10275 WAYZATA BLVD. SUITE 100, MINNETONKA MN 55305 |
Joseph J Lahti | director | 2975 SOMERSET LANE, LONG LAKE MN 55356 |
Kenneth Decubellis | officer: Chief Executive Officer | 10275 WAYZATA BOULEVARD, SUITE 310, MINNETONKA MN 55305 |
Neil I Sell | 10 percent owner | 3300 WELLS FARGO CENTER, 90 SOUTH 7TH STREET, MINNEAPOLIS MN 55402 |
Michael Eisele | officer: Chief Operating Officer | 10275 WAYZATA BOULEVARD, MINNETONKA MN 55305 |
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