Ollie's Bargain Outlet Holdings (NAS:OLLI) Interest Coverage

: N/A (As of Jan. 2023)

View and export this data going back to 2015. Start your Free Trial

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. Ollie's Bargain Outlet Holdings's Operating Income for the three months ended in Jan. 2023 was $68 Mil. Ollie's Bargain Outlet Holdings's Interest Expense for the three months ended in Jan. 2023 was $0 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Ollie's Bargain Outlet Holdings's Interest Coverage or its related term are showing as below:

OLLI' s Interest Coverage Range Over the Past 10 Years
Min: 2.87 Med: 17.22 Max: 1201.08
Current: 1201.08

OLLI's Interest Coverage is ranked better than
93.2% of 250 companies
in the Retail - Defensive industry
Industry Median: 11.74 vs OLLI: 1201.08

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

Ollie's Bargain Outlet Holdings Interest Coverage Historical Data

The historical data trend for Ollie's Bargain Outlet Holdings'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.

Ollie's Bargain Outlet Holdings Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Interest Coverage

128.51

N/A

978.91

N/A

Ollie's Bargain Outlet Holdings Quarterly Data
	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23
Interest Coverage																586.24	157.29	N/A	N/A	N/A

Competitive Comparison

For the Discount Stores subindustry, Ollie's Bargain Outlet Holdings'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.

Annual Data Quarterly Data

Ollie's Bargain Outlet Holdings Interest Coverage Distribution

For the Retail - Defensive industry and Consumer Defensive sector, Ollie's Bargain Outlet Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Ollie's Bargain Outlet Holdings's Interest Coverage falls in comparison to its industry or sector. The grey bar indicates the Interest Coverage's extreme value range as defined by GuruFocus.

Ollie's Bargain Outlet Holdings 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.

Ollie's Bargain Outlet Holdings's Interest Coverage for the fiscal year that ended in Jan. 2023 is calculated as

Here, for the fiscal year that ended in Jan. 2023, Ollie's Bargain Outlet Holdings's Interest Expense was $0 Mil. Its Operating Income was $131 Mil. And its Long-Term Debt & Capital Lease Obligation was $352 Mil.

GuruFocus does not calculate Ollie's Bargain Outlet Holdings's interest coverage with the available data.

Ollie's Bargain Outlet Holdings's Interest Coverage for the quarter that ended in Jan. 2023 is calculated as

Here, for the three months ended in Jan. 2023, Ollie's Bargain Outlet Holdings's Interest Expense was $0 Mil. Its Operating Income was $68 Mil. And its Long-Term Debt & Capital Lease Obligation was $352 Mil.

GuruFocus does not calculate Ollie's Bargain Outlet Holdings's interest coverage with the available data.

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

Ollie's Bargain Outlet Holdings (NAS:OLLI) 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 .

Ollie's Bargain Outlet Holdings Interest Coverage Related Terms

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

Ollie's Bargain Outlet Holdings (NAS:OLLI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Ollie's Bargain Outlet Holdings Inc (NAS:OLLI) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

OL6:Germany

Address

6295 Allentown Boulevard, Suite 1, Harrisburg, PA, USA, 17112

Website

https://www.ollies.us

Ollie's Bargain Outlet Holdings Inc is a retailer of brand name merchandise at drastically reduced prices. It offers customers a selection of brand name products, including housewares, food, books and stationery, bed and bath, floor coverings, toys, and hardware. It operates stores across the Eastern half of the United States. Its differentiated go-to-market strategy is characterized by a unique, fun and engaging treasure hunt shopping experience, compelling customer value proposition and witty, humorous in-store signage and advertising campaigns. These attributes have driven rapid growth and strong and consistent store performance for the company.

Executives

Abid Rizvi	director	C/O OLLIE'S BARGAIN OUTLET HOLDINGS, INC, 6295 ALLENTOWN BOULEVARD, SUITE 1, HARRISBURG PA 17112
Robert F Helm	officer: See Remarks	500 PLAZA DRIVE, THE CHILDREN'S PLACE, SECAUCUS NJ 07094
James J Comitale	officer: SVP, General Counsel	30 HUNTER LANE, CAMP HILL PA 17011
Van Der Valk Eric	officer: EVP, COO	C/O OLLIE'S BARGAIN OUTLET HOLDINGS, INC, 6295 ALLENTOWN BOULEVARD, SUITE 1, HARRISBURG PA 17112
Larry Kraus	officer: VP, CIO	C/O OLLIE'S BARGAIN OUTLET HOLDINGS, INC, 6295 ALLENTOWN BOULEVARD, SUITE 1, HARRISBURG PA 17112
Scott Osborne	officer: VP, Store Operations	C/O OLLIE'S BARGAIN OUTLET HOLDINGS, INC, 6295 ALLENTOWN BOULEVARD, SUITE 1, HARRISBURG PA 17112
Ray Daugherty	officer: SVP, Supply Chain	C/O OLLIE'S BARGAIN OUTLET HOLDINGS, INC, 6295 ALLENTOWN BOULEVARD, SUITE 1, HARRISBURG PA 17112
Alissa M Ahlman	director	AT HOME GROUP INC., 1600 EAST PLANO PARKWAY, PLANO TX 75074
Michael L Bangs	10 percent owner	429 SOUTH 18TH STREET, CAMP HILL PA 17011
Stephen W White	director	500 VOLVO PARKWAY, CHESAPEAKE VA 23320
Ccmp Capital Gp, Llc	10 percent owner	1 ROCKEFELLER PLAZA, 16TH FLOOR, NEW YORK NY 10020
Howard Freedman	officer: VP, Merchandising	1262 BROCKIE DRIVE, YORK PA 17403
Mark L Butler	officer: President, CEO	1701 NEWVILLE ROAD, CARLISLE PA 17055
Stanley Fleishman	director
Kevin Mclain	officer: SVP, Merchandising	1405 SUMMIT WAY, MECHNICSBURG PA 17050