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Elizabeth Arden (Elizabeth Arden) Interest Coverage : 0 (At Loss) (As of Jun. 2016)


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What is Elizabeth Arden Interest Coverage?

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. Elizabeth Arden's Operating Income for the three months ended in Jun. 2016 was $-14.4 Mil. Elizabeth Arden's Interest Expense for the three months ended in Jun. 2016 was $-7.5 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 Elizabeth Arden's Interest Coverage or its related term are showing as below:


RDEN's Interest Coverage is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 8.39
* Ranked among companies with meaningful Interest Coverage only.

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


Elizabeth Arden Interest Coverage Historical Data

The historical data trend for Elizabeth Arden'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.

* Premium members only.

Elizabeth Arden Interest Coverage Chart

Elizabeth Arden Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.38 2.96 - N/A -

Elizabeth Arden Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
Interest Coverage Get a 7-Day Free Trial 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 N/A N/A N/A - -

Competitive Comparison of Elizabeth Arden's Interest Coverage

For the Household & Personal Products subindustry, Elizabeth Arden'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.


Elizabeth Arden's Interest Coverage Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Elizabeth Arden's Interest Coverage falls into.



Elizabeth Arden 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.

Elizabeth Arden's Interest Coverage for the fiscal year that ended in Jun. 2016 is calculated as

Here, for the fiscal year that ended in Jun. 2016, Elizabeth Arden's Interest Expense was $-29.9 Mil. Its Operating Income was $-40.9 Mil. And its Long-Term Debt & Capital Lease Obligation was $354.8 Mil.

Elizabeth Arden did not have earnings to cover the interest expense.

Elizabeth Arden's Interest Coverage for the quarter that ended in Jun. 2016 is calculated as

Here, for the three months ended in Jun. 2016, Elizabeth Arden's Interest Expense was $-7.5 Mil. Its Operating Income was $-14.4 Mil. And its Long-Term Debt & Capital Lease Obligation was $354.8 Mil.

Elizabeth Arden 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.


Elizabeth Arden  (NAS:RDEN) 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 .


Elizabeth Arden Interest Coverage Related Terms

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


Elizabeth Arden (Elizabeth Arden) Business Description

Traded in Other Exchanges
N/A
Address
Elizabeth Arden Inc is incorporated on June 26, 1992 in the state of Florida. The Company is a beauty products company with a portfolio of prestige fragrance, skin care and cosmetics brands. The Company's portfolio includes Elizabeth Arden Brand, Celebrity Fragrances, Heritage Fragrances and Designer Fragrances. In addition to its owned or licensed fragrance brands, the Company distributes additional prestige fragrance brands, in the United States through distribution and other purchasing agreements. It sells its prestige beauty products to retailers in the United States and internationally, including; U.S. prestige retailers and specialty stores such as Macy's, Dillard's, Ulta, Belk, Sephora, Bloomingdales and Nordstrom; U.S. mass retailers, including mid-tier and chain drug retailers, such as Wal-Mart, Target, Kohl's, Walgreens, CVS, and TJ Maxx and Marshalls; and International retailers such as Boots, Debenhams, Superdrug Stores, The Perfume Shop, Hudson's Bay, Shoppers Drug Mart, Myer, Douglas and various travel retail outlets such as Nuance, Heinemann and World Duty Free. The Company and its products are subject to regulation by the Food and Drug Administration, the Federal Trade Commission and state regulatory authorities in the United States, as well as by various other federal, local and international regulatory authorities in the countries in which its products are produced or sold.
Executives
Maura J Clark director C/O ELIZABETH ARDEN, INC., 2400 SW 145 AVENUE, MIRAMAR FL 33027
Edward D Shirley director SYSCO CORPORATION, 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
M Steven Langman director 630 FIFTH AVENUE, 27TH FLOOR, NEW YORK NY 10111
Rhone Capital L.l.c. director, 10 percent owner 630 5TH AVENUE, SUITE 2710, NEW YORK NY 10111
Rod R Little officer: EVP and CFO 1 HSN DRIVE, ST. PETERSBURG FL 33729
E Scott Beattie director, officer: Chairman, President & CEO C/O ELIZABETH ARDEN, INC., 2400 SW 145 AVENUE, 2ND FLOOR, MIRAMAR FL 33027
Kathy Widmer officer: EVP & CMO C/O ELIZABETH ARDEN, INC., 2400 S.W. 145 AVENUE, MIRAMAR FL 33027
Stephen J Smith officer: EVP and CFO C/O THE HAIN CELESTIAL GROUP, INC., 1111 MARCUS AVENUE, LAKE SUCCESS NY 11042
M&g Investment Management Ltd 10 percent owner 10 FENCHURCH AVENUE, LONDON X0 EC3M 5AG

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