Buckle Inc (BKE)
Interest coverage
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 241,364 | 271,059 | 271,059 | 328,132 | 328,132 |
| Interest expense | US$ in thousands | — | — | — | 25,779 | 25,779 |
| Interest coverage | — | — | — | 12.73 | 12.73 |
January 31, 2025 calculation
Interest coverage = EBIT ÷ Interest expense
= $241,364K ÷ $—K
= —
Based on the data provided for Buckle Inc, the interest coverage ratio for January 28, 2023, and January 31, 2023, stands at 12.73, which indicates that the company's operating income is 12.73 times the interest expenses for those periods. A higher interest coverage ratio suggests that the company is more capable of meeting its interest obligations using its operating profits.
However, the interest coverage ratio for January 31, 2024, February 3, 2024, and January 31, 2025, is not available ("—"), which could indicate a lack of operating income or a significant decrease in operating income that may not be sufficient to cover the interest expenses during those periods.
It is important for stakeholders to monitor Buckle Inc's interest coverage closely in future financial reports to assess the company's ability to meet its interest payments and the overall financial health of the organization.
Peer comparison
Jan 31, 2025