Name: Interest Coverage

Definition: Interest coverage tells you how easily the company can pay interest on its debt using operating profits. It’s like asking: “Can the company comfortably make its loan payments, or is it barely scraping by?” The higher the ratio, the safer. A very low ratio means debt payments may strain the business, especially if profits drop.

Interpretation:
• In '2020', BENF's interest coverage was -0.46, indicating the firm's ability to meet its interest obligations. Industry average for Finance: Consumer Services in '2020' stood at -0.46.
• In '2021', BENF's interest coverage was -2.83, indicating the firm's ability to meet its interest obligations. The decline from '2020' may indicate some operational or financial challenges. Industry average for Finance: Consumer Services in '2021' stood at 1.40. Industry average increased by 1.86 compared to previous year.
• In '2023', BENF's interest coverage was -15.36, indicating the firm's ability to meet its interest obligations. The decline from '2021' may indicate some operational or financial challenges. Industry average for Finance: Consumer Services in '2023' stood at -0.14. Industry average declined by 1.54 from previous year.
• In '2024', BENF's interest coverage was -150.34, indicating the firm's ability to meet its interest obligations. The decline from '2023' may indicate some operational or financial challenges. Industry average for Finance: Consumer Services in '2024' stood at 0.76. Industry average increased by 0.90 compared to previous year.
Overall, BENF's interest coverage has been volatile but showed a downward trend over the past 4 years.

Formula: Interest Coverage = EBIT / Interest Expense

Good Range: Minimum 3-5 desirable; below 1 is risky.