VICFF (Vice Health and Wellness) Interest Coverage: No Debt (1) (As of Jun. 2023)

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What is Vice Health and Wellness Interest Coverage?

Vice Health and Wellness VICFF -99.97% Interest Coverage is No Debt (1) as of Jun. 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. Vice Health and Wellness's Operating Income for the three months ended in Jun. 2023 was $-0.20 Mil. Vice Health and Wellness's Interest Expense for the three months ended in Jun. 2023 was $0.00 Mil. Vice Health and Wellness has no debt. The higher the ratio, the stronger the company's financial strength is.

(1) 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.

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


VICFF's Interest Coverage is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 8.64
* 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.


Vice Health and Wellness  (OTCPK:VICFF) 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 .


Vice Health and Wellness Interest Coverage Related Terms


Vice Health and Wellness Interest Coverage Historical Data

* Premium members only.

The historical data trend for Vice Health and Wellness'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.

Vice Health and Wellness Interest Coverage Chart

Vice Health and Wellness Annual Data
Trend Dec13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt 0.00 0.00 0.00 0.00

Vice Health and Wellness Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 0.00 0.00 0.00 No Debt

VICFF vs HIO, EDD, GHY: Interest Coverage Comparison

For the Confectioners subindustry, Vice Health and Wellness'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.


Vice Health and Wellness Interest Coverage vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Vice Health and Wellness's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Vice Health and Wellness's Interest Coverage falls into.



Vice Health and Wellness 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.

Vice Health and Wellness's Interest Coverage for the fiscal year that ended in Sep. 2022 is calculated as

Here, for the fiscal year that ended in Sep. 2022, Vice Health and Wellness's Interest Expense was $-0.00 Mil. Its Operating Income was $-1.55 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Vice Health and Wellness did not have earnings to cover the interest expense.

Vice Health and Wellness's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Here, for the three months ended in Jun. 2023, Vice Health and Wellness's Interest Expense was $0.00 Mil. Its Operating Income was $-0.20 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Vice Health and Wellness had no debt (1).

* 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 No Debt <sup>(1)</sup> mean?
Vice Health and Wellness (VICFF) has a Interest Coverage of No Debt (1) as of Jun. 2023. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Vice Health and Wellness and its competitors.
Is Vice Health and Wellness' Interest Coverage too high?
Vice Health and Wellness' current Interest Coverage is No Debt (1).
How does Vice Health and Wellness' Interest Coverage compare to HIO and EDD?
Vice Health and Wellness' Interest Coverage of No Debt (1) can be compared against companies in the Consumer Packaged Goods industry. The industry median Interest Coverage is 8.64. 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 8.64, based on 1,516 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 Vice Health and Wellness and its competitors. For the Consumer Packaged Goods industry, the median Interest Coverage is 8.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vice Health and Wellness's current Interest Coverage is No Debt (1). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vice Health and Wellness stock overvalued right now?
Vice Health and Wellness (VICFF) has a current Interest Coverage of No Debt (1). The current Interest Coverage is No Debt (1). 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 Vice Health and Wellness (VICFF), the current Interest Coverage is No Debt (1) as of Jun. 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.

Vice Health and Wellness Business Description

Address 734 - 1055 Dunsmuir Street, Vancouver, BC, CAN, V7X 1B1
Vice Health and Wellness Inc is a dynamic publicly traded company dedicated to fostering healthier lifestyle choices by offers products that empower consumers to enhance their mental and physical well-being. Also, its product line features low-sugar, plant-based gummy products.