Brown (N) Group (Brown (N) Group) Interest Coverage

: 0.88 (As of Aug. 2023)

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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. Brown (N) Group's Operating Income for the six months ended in Aug. 2023 was $8.4 Mil. Brown (N) Group's Interest Expense for the six months ended in Aug. 2023 was $-9.5 Mil. Brown (N) Group's interest coverage for the quarter that ended in Aug. 2023 was 0.88. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Brown (N) Group's Interest Coverage or its related term are showing as below:

NBRNF' s Interest Coverage Range Over the Past 10 Years
Min: 1.09 Med: 8.28 Max: 15.21
Current: 1.09

NBRNF's Interest Coverage is ranked worse than
91.39% of 755 companies
in the Retail - Cyclical industry
Industry Median: 7.81 vs NBRNF: 1.09

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

Brown (N) Group Interest Coverage Historical Data

The historical data trend for Brown (N) Group'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.

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Brown (N) Group Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Interest Coverage

6.61

4.30

2.69

3.98

1.45

Brown (N) Group Semi-Annual Data
	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Interest Coverage																4.59	3.43	1.66	1.29	0.88

Competitive Comparison

For the Internet Retail subindustry, Brown (N) Group'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.

Brown (N) Group Interest Coverage Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, Brown (N) Group's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Brown (N) Group's Interest Coverage falls into.

Brown (N) Group 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.

Brown (N) Group's Interest Coverage for the fiscal year that ended in Feb. 2023 is calculated as

Here, for the fiscal year that ended in Feb. 2023, Brown (N) Group's Interest Expense was $-18.0 Mil. Its Operating Income was $26.1 Mil. And its Long-Term Debt & Capital Lease Obligation was $402.3 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Feb. 2023 )	/	Interest Expense (A: Feb. 2023 )
	=	-1	*	26.087	/	-17.995
	=	1.45

Brown (N) Group's Interest Coverage for the quarter that ended in Aug. 2023 is calculated as

Here, for the six months ended in Aug. 2023, Brown (N) Group's Interest Expense was $-9.5 Mil. Its Operating Income was $8.4 Mil. And its Long-Term Debt & Capital Lease Obligation was $391.4 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Aug. 2023 )	/	Interest Expense (Q: Aug. 2023 )
	=	-1	*	8.386	/	-9.53
	=	0.88

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

Brown (N) Group (OTCPK:NBRNF) 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 .

Brown (N) Group Interest Coverage Related Terms

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Brown (N) Group (Brown (N) Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Brown (N) Group PLC (OTCPK:NBRNF) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

BWNG:UK

Address

40 Lever Street, Griffin House, Manchester, GBR, M60 6ES

Website

https://www.nbrown.co.uk

Brown (N) Group PLC is an apparel, footwear, and homeware retailer, based in the UK. The company's main brands are Simply Be JD Williams, and Jacamo. The JD Williams brand is targeted to plus-size consumers with ranges for women, men, home, and kids. Simply Be offers fashion items to women of all sizes, while Jacamo offers collections for men in a wide size range (from small to 5XL). The main markets are the United Kingdom, Ireland, and the United States. The company offers also credit-line facilities to its customers. N Brown Group offers products mainly through the online channel; however, the company also owns stores.