BGFV has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
BGFV has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
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. Big 5 Sporting Goods's Operating Income for the three months ended in Dec. 2023 was $-13.2 Mil. Big 5 Sporting Goods's Interest Expense for the three months ended in Dec. 2023 was $-0.1 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 Big 5 Sporting Goods'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 Big 5 Sporting Goods'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.
Big 5 Sporting Goods Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Interest Coverage | Get a 7-Day Free Trial | 4.87 | 40.57 | 152.31 | 58.59 | N/A |
Big 5 Sporting Goods Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | 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 | 12.48 | N/A | N/A | N/A | - |
For the Specialty Retail subindustry, Big 5 Sporting Goods'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 Retail - Cyclical industry and Consumer Cyclical sector, Big 5 Sporting Goods's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Big 5 Sporting Goods'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.
Big 5 Sporting Goods'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, Big 5 Sporting Goods's Interest Expense was $0.0 Mil. Its Operating Income was $-10.7 Mil. And its Long-Term Debt & Capital Lease Obligation was $203.0 Mil.
GuruFocus does not calculate Big 5 Sporting Goods's interest coverage with the available data. |
Big 5 Sporting Goods's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as
Here, for the three months ended in Dec. 2023, Big 5 Sporting Goods's Interest Expense was $-0.1 Mil. Its Operating Income was $-13.2 Mil. And its Long-Term Debt & Capital Lease Obligation was $203.0 Mil.
Big 5 Sporting Goods 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.
Big 5 Sporting Goods (NAS:BGFV) 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 Big 5 Sporting Goods's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.
Jeffrey L Fraley | officer: Senior VP, Human Resources | |
Shane O Starr | officer: Senior VP, Operations | C/O BIG 5 SPORTING GOODS CORPORATION, 2525 EAST EL SEGUNDO BOULEVARD, EL SEGUNDO CA 90245 |
Jennifer Holden Dunbar | director | C/O PS BUSINESS PARKS, INC., 701 WESTERN AVENUE, GLENDALE CA 91201 |
Ian R Landgreen | officer: SVP and General Counsel | 2525 EAST EL SEGUNDO BLVD., EL SEGUNDO CA 90245 |
Stephen E. Carley | director | 6312 SOUTH FIDDLER'S GREEN CIRCLE, SUITE 200N, GREENWOOD VILLAGE CO 80111 |
Lily W Chang | director | 11111 SANTA MONICA BLVD., SUITE 2000, LOS ANGELES CA 90025 |
Van B Honeycutt | director | 3820 STATE ST, SANTA BARBARA CA 93105 |
Brown Colleen B | director | C/O TRUEBLUE, INC., 1015 A STREET, TACOMA WA 98402 |
Barry Emerson | officer: Executive VP, CFO & Treasurer | |
Steven G Miller | director, officer: Chairman, President and CEO | |
Boyd O Clark | officer: Executive VP, Buying | C/O BIG 5 SPORTING GOODS CORPORATION, 2525 EAST EL SEGUND BLVD, EL SEGUNDO CA 90245 |
Luke D Thompson | officer: Executive VP & General Counsel | C/O GROCERY OUTLET HOLDING CORP, 5650 HOLLIS STREET, EMERYVILLE CA 94608 |
David Jessick | director | 15465 SE RIVERSHORE DRIVE, VANCOUVER WA 98683 |
Michael P. Marrone | officer: Senior VP, Store Operations | C/O BIG 5 SPORTING GOODS CORPORATION, 2525 EAST EL SEGUNDO BLVD., EL SEGUNDO CA 90245 |
Sandra N Bane | director |
From GuruFocus
By Marketwired Marketwired • 02-23-2021
By Marketwired Marketwired • 01-13-2021
By Marketwired Marketwired • 04-27-2021
By Marketwired • 08-01-2023
By Marketwired Marketwired • 07-27-2021
By PRNewswire PRNewswire • 11-10-2021
By GF Value • 06-22-2021
By Value_Insider Value_Insider • 10-25-2022
By sperokesalga sperokesalga • 04-25-2023
By Tom Kerr, CFA • 06-13-2022
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.