Ollie's Bargain Outlet Hldg (OLLI)
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 | 249,503 | 227,799 | 242,485 | 133,883 | 130,918 |
Interest expense | US$ in thousands | — | 267 | 14,686 | 2,965 | 256 |
Interest coverage | — | 853.18 | 16.51 | 45.15 | 511.40 |
January 31, 2025 calculation
Interest coverage = EBIT ÷ Interest expense
= $249,503K ÷ $—K
= —
The interest coverage ratio of Ollie's Bargain Outlet Hldg has fluctuated significantly over the analyzed periods. Starting from January 28, 2023, with a robust interest coverage of 511.40, the ratio dropped notably to 45.15 by January 31, 2023. This decline could indicate a potential strain on the company's ability to meet its interest payments comfortably.
Subsequently, the interest coverage ratio further decreased to 16.51 by January 31, 2024, signaling a potential increase in the company's financial risk and vulnerability to interest rate changes. However, there was a sharp improvement in the ratio by February 3, 2024, spiking to 853.18, which may suggest a significant increase in the company's ability to cover interest expenses.
The data for January 31, 2025, is unavailable (indicated by "—"), preventing a current assessment of the interest coverage ratio for that period. Overall, the varying trend in Ollie's Bargain Outlet Hldg interest coverage ratio could reflect fluctuations in the company's financial performance and capacity to service its debt obligations. Further analysis and additional data would be necessary to assess the company's current financial health accurately.
Peer comparison
Jan 31, 2025