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Burlington Stores Interest Coverage

: 7.84 (As of Apr. 2019)
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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. Burlington Stores's Operating Income for the three months ended in Apr. 2019 was $105 Mil. Burlington Stores's Interest Expense for the three months ended in Apr. 2019 was $-13 Mil. Burlington Stores's interest coverage for the quarter that ended in Apr. 2019 was 7.84. The higher the ratio, the stronger the company's financial strength is.

NYSE:BURL' s Interest Coverage Range Over the Past 10 Years
Min: 1.2   Max: 10.13
Current: 10.13

1.2
10.13

NYSE:BURL's Interest Coverage is ranked lower than
56% of the 301 Companies
in the Retail - Defensive industry.

( Industry Median: 12.60 vs. NYSE:BURL: 10.13 )

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


Burlington Stores Interest Coverage Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Burlington Stores Annual Data

Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19
Interest Coverage Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.11 5.09 6.89 8.27 10.07

Burlington Stores Quarterly Data

Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19
Interest Coverage 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 Premium Member Only Premium Member Only Premium Member Only 7.79 6.26 7.40 20.30 7.84

Competitive Comparison
* 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.


Burlington Stores Interest Coverage Distribution

* The bar in red indicates where Burlington Stores's Interest Coverage falls into.



Burlington Stores 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.


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

Burlington Stores's Interest Coverage for the fiscal year that ended in Jan. 2019 is calculated as

Here, for the fiscal year that ended in Jan. 2019, Burlington Stores's Interest Expense was $-56 Mil. Its Operating Income was $564 Mil. And its Long-Term Debt & Capital Lease Obligation was $984 Mil.

Interest Coverage=-1*Operating Income (A: Jan. 2019 )/Interest Expense (A: Jan. 2019 )
=-1*563.739/-55.99
=10.07

Burlington Stores's Interest Coverage for the quarter that ended in Apr. 2019 is calculated as

Here, for the three months ended in Apr. 2019, Burlington Stores's Interest Expense was $-13 Mil. Its Operating Income was $105 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,133 Mil.

Interest Coverage=-1*Operating Income (Q: Apr. 2019 )/Interest Expense (Q: Apr. 2019 )
=-1*104.857/-13.371
=7.84

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

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


Burlington Stores  (NYSE:BURL) 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 .


Burlington Stores Interest Coverage Explanation


Burlington Stores Interest Coverage Headlines

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