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ODDITY Tech (ODDITY Tech) Interest Coverage : N/A (As of Mar. 2024)


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What is ODDITY Tech 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. ODDITY Tech's Operating Income for the three months ended in Mar. 2024 was $39.0 Mil. ODDITY Tech's Interest Expense for the three months ended in Mar. 2024 was $0.0 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. ODDITY Tech Ltd has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for ODDITY Tech's Interest Coverage or its related term are showing as below:


ODD's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 28.9
* 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.


ODDITY Tech Interest Coverage Historical Data

The historical data trend for ODDITY Tech'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.

ODDITY Tech Interest Coverage Chart

ODDITY Tech Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Interest Coverage
13.33 22.25 N/A N/A

ODDITY Tech Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 157.46 N/A N/A N/A N/A

Competitive Comparison of ODDITY Tech's Interest Coverage

For the Software - Infrastructure subindustry, ODDITY Tech'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.


ODDITY Tech's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, ODDITY Tech's Interest Coverage distribution charts can be found below:

* The bar in red indicates where ODDITY Tech's Interest Coverage falls into.



ODDITY Tech 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.

ODDITY Tech's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, ODDITY Tech's Interest Expense was $0.0 Mil. Its Operating Income was $74.3 Mil. And its Long-Term Debt & Capital Lease Obligation was $8.7 Mil.

GuruFocus does not calculate ODDITY Tech's interest coverage with the available data.

ODDITY Tech's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, ODDITY Tech's Interest Expense was $0.0 Mil. Its Operating Income was $39.0 Mil. And its Long-Term Debt & Capital Lease Obligation was $13.3 Mil.

GuruFocus does not calculate ODDITY Tech's interest coverage with the available data.

* 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.


ODDITY Tech  (NAS:ODD) 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 .


ODDITY Tech Interest Coverage Related Terms

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ODDITY Tech (ODDITY Tech) Business Description

Traded in Other Exchanges
N/A
Address
8 Haharash Street, Tel Aviv-Jaffa, ISR, 6761304
ODDITY Tech Ltd offers a consumer tech platform that is built to transform the global beauty and wellness market. The ODDITY platform is designed to support a portfolio of brands and services that aim to innovate and disrupt the expansive global beauty and wellness market. It consumes user data to develop physical beauty and wellness products that deliver performance and functionality.