Hims & Hers Health (Hims & Hers Health) Interest Coverage : N/A (As of Dec. 2023)

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What is Hims & Hers Health 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. Hims & Hers Health's Operating Income for the three months ended in Dec. 2023 was $-0.4 Mil. Hims & Hers Health's Interest Expense for the three months ended in Dec. 2023 was $0.0 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Hims & Hers Health Inc has enough cash to cover all of its debt. Its financial situation is stable.

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

HIMS's Interest Coverage is not ranked ^*
in the Consumer Packaged Goods industry.
Industry Median: 8.405
* 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.

Hims & Hers Health Interest Coverage Historical Data

The historical data trend for Hims & Hers Health'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.

* Premium members only.

Hims & Hers Health Interest Coverage Chart

Hims & Hers Health Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

N/A

Hims & Hers Health Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Coverage	Get a 7-Day Free Trial													N/A	N/A	N/A	N/A	N/A

Competitive Comparison of Hims & Hers Health's Interest Coverage

For the Household & Personal Products subindustry, Hims & Hers Health'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.

Hims & Hers Health's Interest Coverage Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Hims & Hers Health's Interest Coverage falls into.

Hims & Hers Health 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.

Hims & Hers Health'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, Hims & Hers Health's Interest Expense was $0.0 Mil. Its Operating Income was $-29.5 Mil. And its Long-Term Debt & Capital Lease Obligation was $8.7 Mil.

GuruFocus does not calculate Hims & Hers Health's interest coverage with the available data.

Hims & Hers Health's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Hims & Hers Health's Interest Expense was $0.0 Mil. Its Operating Income was $-0.4 Mil. And its Long-Term Debt & Capital Lease Obligation was $8.7 Mil.

GuruFocus does not calculate Hims & Hers Health's interest coverage with the available data.

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

Hims & Hers Health (NYSE:HIMS) 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 .

Hims & Hers Health Interest Coverage Related Terms

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

Hims & Hers Health (Hims & Hers Health) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Hims & Hers Health Inc (NYSE:HIMS) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

82W:Germany

Address

2269 Chestnut Street, Suite 523, San Francisco, CA, USA, 94123

Website

https://www.forhims.com

Hims & Hers Health Inc is a multi-specialty telehealth platform that connects consumers to licensed healthcare professionals, enabling them to access high-quality medical care for numerous conditions related to mental health, sexual health, dermatology, primary care, and more.

Executives

Andrew Dudum	director, 10 percent owner, officer: Chief Executive Officer	2269 CHESTNUT STREET, #523, SAN FRANCISCO CA 94123
Oluyemi Okupe	officer: Chief Financial Officer	2269 CHESTNUT ST., #523, SAN FRANCISCO CA 94123
Soleil Boughton	officer: See Remarks	2269 CHESTNUT STREET, #523, SAN FRANCISCO CA 94123
Lynne Chou O'keefe	director	2269 CHESTNUT STREET, #523, SAN FRANCISCO CA 94123
Irene Becklund	officer: Interim PFO/PAO	2269 CHESTNUT ST., #523, SAN FRANCISCO CA 94123
Melissa Baird	officer: Chief Operating Officer	2269 CHESTNUT STREET, #523, SAN FRANCISCO CA 94123
David B Wells	director	C/O NETFLIX, INC., 100 WINCHESTER CIRCLE, LOS GATOS CA 95130
Alex Bard	director	2269 CHESTNUT STREET, #523, SAN FRANCISCO CA 94123
Ivp Executive Fund Xvi, Llc	10 percent owner	3000 SAND HILL ROAD, BUILDING 2, SUITE 2, MENLO PARK CA 94025
Jules A. Maltz	director	3000 SAND HILL ROAD, BUILDING 2, SUITE 250, MENLO PARK CA 94025
Christiane Pendarvis	director	2269 CHESTNUT ST., #523, SAN FRANCISCO CA 94123
Michael Chi	officer: Chief Marketing Officer	2269 CHESTNUT ST., #523, SAN FRANCISCO CA 94123
Somesh Dash	10 percent owner	3000 SAND HILL ROAD, BUILDING 2, SUITE 250, MENLO PARK CA 94025
Jack Abraham	10 percent owner	1 LETTERMAN DRIVE, SUITE C3500, SAN FRANCISCO CA 94129
Patrick Harrison Carroll	officer: Chief Medicall Officer	2269 CHESTNUT STREET, # 523, SAN FRANCISCO CA 94123