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Treehouse Foods Interest Coverage

: 0 (At Loss) (As of Mar. 2022)
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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 by its Interest Expense. Treehouse Foods's Operating Income for the three months ended in Mar. 2022 was $-41 Mil. Treehouse Foods's Interest Expense for the three months ended in Mar. 2022 was $-19 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 Treehouse Foods's Interest Coverage or its related term are showing as below:

THS' s Interest Coverage Range Over the Past 10 Years
Min: 0.88   Med: 2.21   Max: 5.31
Current: 0.88


THS's Interest Coverage is ranked worse than
95.41% of 1330 companies
in the Consumer Packaged Goods industry
Industry Median: 11.11 vs THS: 0.88

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


Treehouse Foods Interest Coverage Historical Data

The historical data trend for Treehouse Foods'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.

* Premium members only.

Treehouse Foods Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Interest Coverage
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.14 2.07 2.07 2.10 1.45

Treehouse Foods Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 0.44 0.22 1.37 4.08 -

Competitive Comparison

For the Packaged Foods subindustry, Treehouse Foods'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.

   

Treehouse Foods Interest Coverage Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, Treehouse Foods's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Treehouse Foods's Interest Coverage falls into.



Treehouse Foods 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.

Treehouse Foods's Interest Coverage for the fiscal year that ended in Dec. 2021 is calculated as

Here, for the fiscal year that ended in Dec. 2021, Treehouse Foods's Interest Expense was $-81 Mil. Its Operating Income was $118 Mil. And its Long-Term Debt & Capital Lease Obligation was $2,035 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2021 )/Interest Expense (A: Dec. 2021 )
=-1*117.6/-81.2
=1.45

Treehouse Foods's Interest Coverage for the quarter that ended in Mar. 2022 is calculated as

Here, for the three months ended in Mar. 2022, Treehouse Foods's Interest Expense was $-19 Mil. Its Operating Income was $-41 Mil. And its Long-Term Debt & Capital Lease Obligation was $2,057 Mil.

Treehouse Foods 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.


Treehouse Foods  (NYSE:THS) 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 .


Treehouse Foods Interest Coverage Related Terms

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


Treehouse Foods Business Description

Treehouse Foods logo
Traded in Other Exchanges
Address
2021 Spring Road, Suite 600, Oak Brook, IL, USA, 60523
Treehouse Foods, the largest private label manufacturer in the U.S., is the product of a slew of acquisitions, the most significant being the 2016 acquisition of Ralcorp, Conagra's former private brands business. The firm plays in over 25 categories, including snacks like pretzels and cookies, meals like pasta and dry dinners, and single-serve beverages like pods and ready-to-drink coffee. Retailers represent its most significant end-market, where it sells products for resale under retailer brands, but it also serves foodservice customers (providing a similar service as its retail business), industrial (selling bulk food for repackaging and repurposing), and branded consumer goods firms (under co-packing arrangements). Over 90% of its revenue comes from the U.S.
Executives
Scalzo Joseph director 1225 17TH STREET SUITE 1000 DENVER CO 80202
Jana Partners Llc director, other: See Remarks 767 FIFTH AVENUE 8TH FLOOR NEW YORK NY 10153
Ostfeld Scott director 767 FIFTH AVENUE, 8TH FLOOR NEW YORK NY 10153
Landry Stephen Alan officer: SVP, Chief Operations Officer 2021 SPRING ROAD SUITE 600 OAK BROOK IL 60523
Haye Jeffrey M officer: SVP, Chief Procurement Officer 2021 SPRING ROAD OAK BROOK IL 60523
Smith Timothy J officer: SVP, Division President 5 CROSBY STREET NEW YORK NY 10013
Craig Curt B. officer: Chief Supply Chain Officer 2021 SPRING ROAD OAK BROOK IL 60523
Waterman Kristy N. officer: EVP, General Counsel 2711 NORTH HASKELL AVENUE, SUITE 3400 DALLAS TX 75204
Lewis Sean officer: SVP, Chief Customer Officer 2021 SPRING ROAD SUITE 600 OAK BROOK IL 60523
Gainor John P Jr director 11465 JOHNS CREEK PARKWAY SUITE 400 JOHNS CREEK GA 30097
Tuchman Kenneth I director C/O BMO CAPITAL MARKETS 3 TIMES SQUARE, 29TH FLOOR NEW YORK NY 10036
Buchanan Ashley director C/O THE MICHAELS COMPANIES, INC. 8000 BENT BRANCH DRIVE IRVING TX 75063
Rahman Jill A director 101 OAKLEY STREET EVANSVILLE IN 47710
Hunter Mark director 1801 CALIFORNIA STREET, SUITE 4600 DENVER CO 80202
Odonnell Patrick M officer: Chief Accounting Officer 2021 SPRING ROAD SUITE 600 OAK BROOK IL 60523

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