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At Home Group (At Home Group) Interest Coverage : 11.01 (As of Apr. 2021)


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What is At Home Group 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. At Home Group's Operating Income for the three months ended in Apr. 2021 was $89 Mil. At Home Group's Interest Expense for the three months ended in Apr. 2021 was $-8 Mil. At Home Group's interest coverage for the quarter that ended in Apr. 2021 was 11.01. The higher the ratio, the stronger the company's financial strength is.

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


HOME's Interest Coverage is not ranked *
in the Retail - Cyclical industry.
Industry Median: 7.87
* 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.


At Home Group Interest Coverage Historical Data

The historical data trend for At Home Group'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.

At Home Group Interest Coverage Chart

At Home Group Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21
Interest Coverage
Get a 7-Day Free Trial 2.67 4.14 2.81 2.45 8.59

At Home Group Quarterly Data
Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21
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 - 20.31 9.16 13.26 11.01

Competitive Comparison of At Home Group's Interest Coverage

For the Specialty Retail subindustry, At Home Group'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.


At Home Group's Interest Coverage Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where At Home Group's Interest Coverage falls into.



At Home Group 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.

At Home Group's Interest Coverage for the fiscal year that ended in Jan. 2021 is calculated as

Here, for the fiscal year that ended in Jan. 2021, At Home Group's Interest Expense was $-28 Mil. Its Operating Income was $245 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,630 Mil.

Interest Coverage=-1* Operating Income (A: Jan. 2021 )/Interest Expense (A: Jan. 2021 )
=-1*244.635/-28.493
=8.59

At Home Group's Interest Coverage for the quarter that ended in Apr. 2021 is calculated as

Here, for the three months ended in Apr. 2021, At Home Group's Interest Expense was $-8 Mil. Its Operating Income was $89 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,646 Mil.

Interest Coverage=-1* Operating Income (Q: Apr. 2021 )/Interest Expense (Q: Apr. 2021 )
=-1*89.422/-8.119
=11.01

* 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.


At Home Group  (NYSE:HOME) 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 .


At Home Group Interest Coverage Related Terms

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


At Home Group (At Home Group) Business Description

Traded in Other Exchanges
N/A
Address
1600 East Plano Parkway, Plano, TX, USA, 75074
At Home Group Inc operates home decor superstores in the United States. The company's stores offer approximately 50,000 items, such as accent furniture, mirrors, patio cushions, rugs and wall arts, artificial flowers and trees, bedding and bath products, candles, garden and outdoor decor, holiday accessories, home organization, pillows, pottery, vases, and window treatments.
Executives
Sumit Anand officer: Chief Information Officer AT HOME GROUP INC. 1600 EAST PLANO PARKWAY PLANO TX 75074
Laura L. Bracken officer: Chief Accounting Officer AT HOME GROUP INC., 1600 EAST PLANO PARKWAY, PLANO TX 75074
Chad C Stauffer officer: Chief Merchandising Officer AT HOME GROUP INC. 1600 EAST PLANO PARKWAY PLANO TX 75074
Jeffrey R Knudson officer: Chief Financial Officer C/O AMN HEALTHCARE SERVICES INC., 8840 CYPRESS WATERS BOULEVARD, SUITE 300, DALLAS TX 75019
Norman E Mcleod officer: Chief Development Officer AT HOME GROUP INC. 1600 EAST PLANO PARKWAY PLANO TX 75074
Ashley F Sheetz officer: Chief Marketing Officer AT HOME GROUP INC. 1600 EAST PLANO PARKWAY PLANO TX 75074
Peter Sg Corsa officer: President and COO AT HOME GROUP INC. 1600 EAST PLANO PARKWAY PLANO TX 75074
Mary Jane Broussard officer: GC and Corporate Secretary AT HOME GROUP INC. 1600 EAST PLANO PARKWAY PLANO TX 75074
Clifford Sosin 10 percent owner 8 WRIGHT STREET, 1ST FL, WESTPORT CT 06880
Aea Investors Lp 10 percent owner 666 FIFTH AVENUE, 36TH FLOOR, NEW YORK NY 10103
Aea Management (cayman) Ltd 10 percent owner P. O. BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Bird Lewis L Iii director, officer: Chairman, CEO and President AT HOME GROUP INC., 1600 EAST PLANO PARKWAY, PLANO TX 75074
Catherine Aslin officer: Chief Human Resources Officer AT HOME GROUP INC., 1600 EAST PLANO PARKWAY, PLANO TX 75074
Joanne C. Crevoiserat director 6301 FITCH PATH, NEW ALBANY OH 43054
Philip L Francis director AT HOME GROUP INC., 1600 EAST PLANO PARKWAY, PLANO TX 75074