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Tiffany (Tiffany) Interest Coverage : 15.42 (As of Oct. 2020)


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What is Tiffany 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. Tiffany's Operating Income for the three months ended in Oct. 2020 was $165 Mil. Tiffany's Interest Expense for the three months ended in Oct. 2020 was $-11 Mil. Tiffany's interest coverage for the quarter that ended in Oct. 2020 was 15.42. The higher the ratio, the stronger the company's financial strength is.

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

TIF' s Interest Coverage Range Over the Past 10 Years
Min: 9.54   Med: 15.05   Max: 19.91
Current: 9.54


TIF's Interest Coverage is not ranked
in the Retail - Cyclical industry.
Industry Median: 7.87 vs TIF: 9.54

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


Tiffany Interest Coverage Historical Data

The historical data trend for Tiffany'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.

Tiffany Interest Coverage Chart

Tiffany Annual Data
Trend Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.51 16.23 19.27 19.91 19.03

Tiffany Quarterly Data
Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20
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 12.88 29.56 - 5.38 15.42

Competitive Comparison of Tiffany's Interest Coverage

For the Luxury Goods subindustry, Tiffany'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.


Tiffany's Interest Coverage Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Tiffany's Interest Coverage distribution charts can be found below:

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



Tiffany 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.

Tiffany's Interest Coverage for the fiscal year that ended in Jan. 2020 is calculated as

Here, for the fiscal year that ended in Jan. 2020, Tiffany's Interest Expense was $-39 Mil. Its Operating Income was $733 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,893 Mil.

Interest Coverage=-1* Operating Income (A: Jan. 2020 )/Interest Expense (A: Jan. 2020 )
=-1*732.6/-38.5
=19.03

Tiffany's Interest Coverage for the quarter that ended in Oct. 2020 is calculated as

Here, for the three months ended in Oct. 2020, Tiffany's Interest Expense was $-11 Mil. Its Operating Income was $165 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,884 Mil.

Interest Coverage=-1* Operating Income (Q: Oct. 2020 )/Interest Expense (Q: Oct. 2020 )
=-1*165/-10.7
=15.42

* 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.


Tiffany  (NYSE:TIF) 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 .


Tiffany Interest Coverage Related Terms

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


Tiffany (Tiffany) Business Description

Traded in Other Exchanges
N/A
Address
200 Fifth Avenue, New York, NY, USA, 10010
Tiffany is a monobrand jeweler with a 180-year history. It is vertically integrated, with around 60% of jewellery produced internally. Tiffany is present in over 20 countries globally, with over 300 own stores. Its biggest market is its home market, the U.S.; however, Europe and Asia-Pacific have shown the strongest growth in recent years. Engagement jewellery contributes 26% of sales, the remainder being designer jewellery and other collections.
Executives
Alessandro Bogliolo director, officer: Chief Executive Officer 727 FIFTH AVENUE, NEW YORK NY 10022
Gretchen Koback-pursel officer: Senior Vice President 200 FIFTH AVENUE NEW YORK NY 10010
Andrea Davey officer: Senior Vice President 200 FIFTH AVENUE NEW YORK NY 10010
Philippe Galtie officer: Senior Vice President 200 FIFTH AVENUE NEW YORK NY 10010
Leigh M. Harlan officer: SENIOR VICE PRESIDENT 200 FIFTH AVENUE NEW YORK NY 10010
Mark J Erceg officer: Principal Financial Officer 248 E. SKYLINE DRIVE, WASHINGTON UT 84780
Andrew W. Hart officer: SENIOR VICE PRESIDENT TIFFANY & CO. 727 FIFTH AVENUE NEW YORK NY 10022
Daniella Vitale officer: Executive Vice President 200 FIFTH AVENUE NEW YORK NY 10010
Francesco Trapani director 727 FIFTH AVENUE NEW YORK NY 10022
Abby F Kohnstamm director C/O TIFFANY & CO., CORP. SECRETARY'S DEPT., 600 MADISON AV, NEW YORK NY 10022
Hafize Gaye Erkan director 727 FIFTH AVENUE, NEW YORK NY 10022
Hudis Jane Hertzmark director C/O THE ESTEE LAUDER COMPANIES INC., 767 FIFTH AVENUE, NEW YORK NY 10153
Lawrence K Fish director ONE CITIZENS PLAZA, PROVIDENCE RI 02903
William A Shutzer director C/O TIFFANY & CO LEGAL DEPT, 727 FIFTH AVE, NEW YORK NY 10022
Pamela H Cloud officer: Senior Vice President TIFFANY & CO. 727 FIFTH AVENUE NEW YORK NY 10022

Tiffany (Tiffany) Headlines

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