Jumbo (ATH:BELA) Interest Coverage

: 17.82 (As of Jun. 2023)

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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. Jumbo's Operating Income for the six months ended in Jun. 2023 was €129 Mil. Jumbo's Interest Expense for the six months ended in Jun. 2023 was €-7 Mil. Jumbo's interest coverage for the quarter that ended in Jun. 2023 was 17.82. The higher the ratio, the stronger the company's financial strength is.

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

ATH:BELA' s Interest Coverage Range Over the Past 10 Years
Min: 15.73 Med: 29.27 Max: 39.68
Current: 34.53

ATH:BELA's Interest Coverage is ranked better than
77.82% of 753 companies
in the Retail - Cyclical industry
Industry Median: 7.85 vs ATH:BELA: 34.53

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

Jumbo Interest Coverage Historical Data

The historical data trend for Jumbo'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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Jumbo Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Dec20

Dec21

Dec22

Interest Coverage

37.34

36.43

22.38

36.17

39.68

Jumbo Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Interest Coverage																17.59	70.62	18.85	84.94	17.82

Competitive Comparison

For the Specialty Retail subindustry, Jumbo'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.

Jumbo Interest Coverage Distribution

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

* The bar in red indicates where Jumbo's Interest Coverage falls into.

Jumbo 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.

Jumbo'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, Jumbo's Interest Expense was €-8 Mil. Its Operating Income was €301 Mil. And its Long-Term Debt & Capital Lease Obligation was €273 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2022 )	/	Interest Expense (A: Dec. 2022 )
	=	-1	*	301.351	/	-7.595
	=	39.68

Jumbo's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Here, for the six months ended in Jun. 2023, Jumbo's Interest Expense was €-7 Mil. Its Operating Income was €129 Mil. And its Long-Term Debt & Capital Lease Obligation was €70 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2023 )	/	Interest Expense (Q: Jun. 2023 )
	=	-1	*	128.576	/	-7.217
	=	17.82

The higher the ratio, the stronger the company's Financial Strength is.

Jumbo (ATH:BELA) 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 .

Jumbo Interest Coverage Related Terms

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

Jumbo (ATH:BELA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Jumbo SA (ATH:BELA) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

JUMSY:USA 0LRI:UK 5JB:Germany

Address

9 Cyprus and Hydras street, Moschato, Attikis, Athens, GRC, 183 46

Website

https://www.e-jumbo.gr

Jumbo is a Greek retailer of toys, giftware, household products, and stationery. The company operates stores across Greece, Cyprus, Bulgaria, and Romania under the Jumbo brand name, in addition to the e-jumbo online store. The company derives the majority of its revenue domestically. Jumbo reports its sales across seven product types: toys, baby products, stationery, seasonal, home products, haberdashery and similar items, and other. The three most significant product types--home products, seasonal, and toys--collectively contribute the vast majority of revenue, followed by stationery and baby products.

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