Isle of Capri Casinos (Isle of Capri Casinos) Interest Coverage : 1.45 (As of Jan. 2017)

Isle of Capri Casinos Interest Coverage Chart

Isle of Capri Casinos Annual Data
	Trend	Apr07	Apr08	Apr09	Apr10	Apr11	Apr12	Apr13	Apr14	Apr15	Apr16
Interest Coverage		Get a 7-Day Free Trial					0.87	0.47	-	1.26	1.81

Isle of Capri Casinos Quarterly Data
	Apr12	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16	Apr16	Jul16	Oct16	Jan17
Interest Coverage	Get a 7-Day Free Trial															1.37	2.97	1.68	1.27	1.45

Competitive Comparison of Isle of Capri Casinos's Interest Coverage

For the Resorts & Casinos subindustry, Isle of Capri Casinos'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.

Isle of Capri Casinos's Interest Coverage Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Isle of Capri Casinos's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Isle of Capri Casinos's Interest Coverage falls into.

Isle of Capri Casinos 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

Else if Interest Expense is negative and Operating Income is negative, then

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

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

Isle of Capri Casinos's Interest Coverage for the fiscal year that ended in Apr. 2016 is calculated as

Here, for the fiscal year that ended in Apr. 2016, Isle of Capri Casinos's Interest Expense was $-68 Mil. Its Operating Income was $123 Mil. And its Long-Term Debt & Capital Lease Obligation was $923 Mil.

Isle of Capri Casinos's Interest Coverage for the quarter that ended in Jan. 2017 is calculated as

Here, for the three months ended in Jan. 2017, Isle of Capri Casinos's Interest Expense was $-17 Mil. Its Operating Income was $24 Mil. And its Long-Term Debt & Capital Lease Obligation was $881 Mil.

* 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.

Isle of Capri Casinos  (NAS:ISLE) 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 .

Isle of Capri Casinos Interest Coverage Related Terms

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Isle of Capri Casinos (Isle of Capri Casinos) Business Description