BXG has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
BXG 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. Bluegreen Vacations's Operating Income for the three months ended in Dec. 2020 was $1.8 Mil. Bluegreen Vacations's Interest Expense for the three months ended in Dec. 2020 was $-7.3 Mil. Bluegreen Vacations's interest coverage for the quarter that ended in Dec. 2020 was 0.24. The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Bluegreen Vacations'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 Bluegreen Vacations'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.
Bluegreen Vacations Annual Data | |||||||||||||||||||||
Trend | Dec09 | Dec10 | Dec11 | Dec12 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | |||||||||||
Interest Coverage | Get a 7-Day Free Trial | 2.24 | 2.66 | 2.20 | 0.27 | - |
Bluegreen Vacations Quarterly Data | ||||||||||||||||||||
Dec12 | Dec15 | Sep16 | Dec16 | Mar17 | Jun17 | Sep17 | Dec17 | Mar18 | Jun18 | Sep18 | Dec18 | Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | |
Interest Coverage | Get a 7-Day Free Trial | 0.89 | - | - | 0.74 | 0.24 |
For the Resorts & Casinos subindustry, Bluegreen Vacations'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 Travel & Leisure industry and Consumer Cyclical sector, Bluegreen Vacations's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Bluegreen Vacations'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.
Bluegreen Vacations's Interest Coverage for the fiscal year that ended in Dec. 2020 is calculated as
Here, for the fiscal year that ended in Dec. 2020, Bluegreen Vacations's Interest Expense was $-32.0 Mil. Its Operating Income was $-28.9 Mil. And its Long-Term Debt & Capital Lease Obligation was $641.4 Mil.
Bluegreen Vacations did not have earnings to cover the interest expense. |
Bluegreen Vacations's Interest Coverage for the quarter that ended in Dec. 2020 is calculated as
Here, for the three months ended in Dec. 2020, Bluegreen Vacations's Interest Expense was $-7.3 Mil. Its Operating Income was $1.8 Mil. And its Long-Term Debt & Capital Lease Obligation was $641.4 Mil.
Interest Coverage | = | -1 | * | Operating Income (Q: Dec. 2020 ) | / | Interest Expense (Q: Dec. 2020 ) |
= | -1 | * | 1.773 | / | -7.303 | |
= | 0.24 |
* 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.
Bluegreen Vacations (NYSE:BXG) 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 Bluegreen Vacations's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.
Dusty Tonkin | officer: EVP, Chief Sales Officer | 4960 CONFERENCE WAY NORTH, SUITE 100, BOCA RATON FL 33431 |
Shawn B Pearson | officer: Former Dir, President, and CEO | 4960 CONFERENCE WAY NORTH SUITE 100 BOCA RATON FL 33431 |
Raymond Scott Lopez | officer: EVP, CFO, and Treasurer | 4960 CONFERENCE WAY NORTH, SUITE 100, BOCA RATON FL 33431 |
Anthony M Puleo | officer: Former EVP, CFO, and Treasurer | 4960 CONFERENCE WAY NORTH BOCA RATON FL 33431 |
Susan Saturday | officer: EVP, Chief Admin Officer | 5116 PINEVIEW CIRCLE, DELRAY BEACH FL 33445 |
Famous P Rhodes | officer: Former EVP and CMO | 4960 CONFERENCE WAY NORTH, SUITE 100, BOCA RATON FL 33431 |
David L Pontius | other: Former EVP and COO | 4960 CONFERENCE WAY, NORTH SUITE 100 BOCA RATON FL 33431 |
De La Osa Jorge | officer: See Remarks | 4960 CONFERENCE WAY NORTH, SUITE 100, BOCA RATON FL 33431 |
Justin Taylor | officer: EVP and Chief HR Officer | 4960 CONFERENCE WAY NORTH, SUITE 100 BOCA RATON FL 33431 |
Ahmad M Wardak | officer: See Remarks | 4960 CONFERENCE WAY NORTH, SUITE 100, BOCA RATON FL 33431 |
Chanse W Rivera | officer: EVP and CIO | 4960 CONFERENCE WAY NORTH, SUITE 100, BOCA RATON FL 33431 |
Woodbridge Holdings, Llc | 10 percent owner | 2100 WEST CYPRESS CREEK ROAD FORT LAUDERDALE FL 33309 |
Bbx Capital Corp | 10 percent owner | P.O. BOX 39000 FORT LAUDERDALE FL 33303 |
John E Abdo | director, 10 percent owner | P. O. BOX 39000, FT LAUDERDALE FL 33303 |
Alan B Levan | director, 10 percent owner | P. O. BOX 39000, FT LAUDERDALE FL 33303 |
From GuruFocus
By Business Wire Business Wire • 10-16-2020
By Business Wire Business Wire • 07-29-2020
By Marketwired Marketwired • 05-30-2019
By Business Wire Business Wire • 03-02-2021
By Business Wire Business Wire • 07-23-2020
By Business Wire Business Wire • 04-23-2020
By Business Wire Business Wire • 02-26-2021
By Business Wire Business Wire • 12-11-2020
By gurufocus 10qk • 05-17-2010
By PRNewswire PRNewswire • 03-28-2019
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.