GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Lucky Strike Entertainment Corp (NYSE:LUCK) » Definitions » Interest Coverage

LUCK (Lucky Strike Entertainment) Interest Coverage : 1.27 (As of Mar. 2025)


View and export this data going back to 2021. Start your Free Trial

What is Lucky Strike Entertainment 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. Lucky Strike Entertainment's Operating Income for the three months ended in Mar. 2025 was $63 Mil. Lucky Strike Entertainment's Interest Expense for the three months ended in Mar. 2025 was $-49 Mil. Lucky Strike Entertainment's interest coverage for the quarter that ended in Mar. 2025 was 1.27. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Lucky Strike Entertainment Corps earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

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

LUCK' s Interest Coverage Range Over the Past 10 Years
Min: 0.79   Med: 1.21   Max: 1.81
Current: 0.79


LUCK's Interest Coverage is ranked worse than
90.49% of 610 companies
in the Travel & Leisure industry
Industry Median: 4.56 vs LUCK: 0.79

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


Lucky Strike Entertainment Interest Coverage Historical Data

The historical data trend for Lucky Strike Entertainment'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.

Lucky Strike Entertainment Interest Coverage Chart

Lucky Strike Entertainment Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24
Interest Coverage
- - 1.21 1.81 0.86

Lucky Strike Entertainment Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.54 0.56 0.30 1.01 1.27

Competitive Comparison of Lucky Strike Entertainment's Interest Coverage

For the Leisure subindustry, Lucky Strike Entertainment'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.


Lucky Strike Entertainment's Interest Coverage Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Lucky Strike Entertainment's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Lucky Strike Entertainment's Interest Coverage falls into.


;
;

Lucky Strike Entertainment 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.

Lucky Strike Entertainment's Interest Coverage for the fiscal year that ended in Jun. 2024 is calculated as

Here, for the fiscal year that ended in Jun. 2024, Lucky Strike Entertainment's Interest Expense was $-178 Mil. Its Operating Income was $153 Mil. And its Long-Term Debt & Capital Lease Obligation was $2,372 Mil.

Interest Coverage=-1* Operating Income (A: Jun. 2024 )/Interest Expense (A: Jun. 2024 )
=-1*153.023/-177.611
=0.86

Lucky Strike Entertainment's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Lucky Strike Entertainment's Interest Expense was $-49 Mil. Its Operating Income was $63 Mil. And its Long-Term Debt & Capital Lease Obligation was $2,552 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*62.833/-49.414
=1.27

* 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.


Lucky Strike Entertainment  (NYSE:LUCK) 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 .


Lucky Strike Entertainment Interest Coverage Related Terms

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


Lucky Strike Entertainment Business Description

Traded in Other Exchanges
N/A
Address
7313 Bell Creek Road, Mechanicsville, VA, USA, 23111
Lucky Strike Entertainment Corp is a entertainment platforms. It has nearly 360 locations across North America, that provides experiential offerings in bowling, amusements, water parks, and family entertainment centers. The company also owns the Professional Bowlers Association, the league of bowling and a growing media property.
Executives
Robert J Bass director C/O GROUPON, INC., 600 WEST CHICAGO AVENUE, SUITE 620, CHICAGO IL 60654
John Alan Young director C/O BOWLERO CORP., 7313 BELL CREEK ROAD, MECHANICSVILLE VA 23111
Robert M. Lavan officer: Chief Financial Officer 5201 INTERCHANGE WAY, LOUISVILLE KY 40229
Brett I. Parker officer: Chief Financial Officer C/O BOWLERO CORP., 7313 BELL CREEK ROAD, MECHANICSVILLE VA 23111
Michelle D Wilson director C/O WORLD WRESTLING ENTERTAINMENT, INC., 1241 EAST MAIN STREET, STAMFORD CT 06902
A-b Parent Llc director, 10 percent owner C/O ATAIROS GROUP INC, 40 MORRIS AVE, BRYN MAWR PA 19010
Jeffrey C Kostelni officer: Chief Accounting Officer C/O BOWLERO CORP., 7313 BELL CREEK ROAD, MECHANICSVILLE VA 23111
Thomas F. Shannon director, officer: Chief Executive Officer C/O BOWLERO CORP., 222 WEST 44TH STREET, NEW YORK NY 10036
Alberto Perlman director C/O BOWLERO CORP., 7313 BELL CREEK ROAD, MECHANICSVILLE VA 23111
George A. Barrios director C/O 1241 EAST MAIN STREET, STAMFORD CT 06902
Apollo Spac Fund I, L.p. 10 percent owner 27 HOSPITAL ROAD, GEORGE TOW E9 KY1-9008
Cobalt Group, Llc director C/O BOWLERO CORPORATION, 7313 BELL CREEK ROAD, MECHANICSVILLE VA 23111
Cobalt Recreation Llc director C/O BOWLERO CORPORATION, 7313 BELL CREEK ROAD, MECHANICSVILLE VA 23111
Nicole M. Weinberger officer: Chief Customer Off. & CEO, PBA C/O BOWLERO CORP., 222 W. 44TH STREET, NEW YORK NY 10036
Rachael A. Wagner director, 10 percent owner C/O BOWLERO CORP., 222 WEST 44TH STREET, NEW YORK NY 10036