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BranchOut Food Inc. (BOF) Financials

BOF
Trailing 12 months to June 30, 2026
Revenue $14.3M +42.7% YoY
Net Income -$8.1M -53.7% YoY
EPS (Diluted) -$0.60 YoY not available
Free Cash Flow -$8.9M +13.0% YoY
Market Cap $50.4M as of Oct 13, 2026
Price / Sales 3.5x on $14.3M revenue, trailing 12 months to June 30, 2026
Price / Earnings n/m net loss, so no earnings multiple, trailing 12 months to June 30, 2026
Price / Book 11.3x on $4.5M equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 13, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 13, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the BOF SEC filings page.

BranchOut Food Inc. (BOF) reported $14.3M in revenue over the twelve months to Jun 30, 2026, up 42.7% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 4 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI BOF FY2025

Rapid growth has not yet produced self-financing operations: losses and cash consumption remain substantial despite improving gross margins.

From FY2024 to FY2025, revenue more than doubled while gross margin widened from 12.2% to 14.8%. Yet operating margin remained -39.1% as SG&A rose to $3.5M, indicating gross profit is not covering the commercial cost base.

FY2025 operating cash flow was -$7.0M against a net loss of $6.1M, showing losses are translating into cash outflow rather than being mainly non-cash accounting charges. Free cash flow reached -$7.7M after $747K of capital spending, so expansion required additional cash investment beyond operations.

The balance sheet's financing structure improved from FY2024 to FY2025 as debt-to-equity fell from 4.5x to 0.2x. Current ratio rose to 0.9x, but remained below parity, indicating current assets still did not fully cover current liabilities.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Cash Runway Dilution R&DIntensity Revenue Progress BurnTrend BalanceSheet 21 / 100
Financial Health Score 21/100
Scored as: Emerging companies peer group

Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of BranchOut Food Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Cash Runway
1

BranchOut Food Inc. held $0 in cash, cash equivalents and investments at the end of fiscal year 2025, and its operations used $7.0M of cash that year. Cash Runway ranks emerging companies on the size of that balance against the outflow behind it, and BranchOut Food Inc. scores 1/100 among other emerging companies.

Dilution
12

BranchOut Food Inc. had 15M shares outstanding at the end of fiscal year 2025. Dilution ranks emerging companies on how fast that count has grown over three years, where a slower rise is the better one, and BranchOut Food Inc. scores 12/100 among other emerging companies.

R&D Intensity
2

BranchOut Food Inc. spent $8K on research and development in fiscal year 2025, which was 0.0% of its operating costs that year. R&D Intensity ranks emerging companies on the share of operating costs that goes into research, and BranchOut Food Inc. scores 2/100 among other emerging companies.

Revenue Progress
88

BranchOut Food Inc. reported revenue of $13.7M in fiscal year 2025, against $6.4M in fiscal year 2024. Revenue Progress ranks emerging companies on the three-year path of that line, and BranchOut Food Inc. scores 88/100 among other emerging companies.

Burn Trend
19

BranchOut Food Inc.'s operations used $7.0M of cash in fiscal year 2025, against $4.9M used in fiscal year 2024. Burn Trend ranks emerging companies on which way that figure has moved over three years, and BranchOut Food Inc. scores 19/100 among other emerging companies.

Balance Sheet
1

BranchOut Food Inc.'s cash, cash equivalents and investments came to $0 at the end of fiscal year 2025, against $8.9M of total liabilities. Balance Sheet ranks emerging companies on that comparison, and BranchOut Food Inc. scores 1/100 among other emerging companies.

Altman Z-Score Distress
0.79

BranchOut Food Inc. scores 0.79, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($50.4M) relative to total liabilities ($8.9M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial
3/8

BranchOut Food Inc. passes 3 of 8 computable financial strength tests (1 of the nine could not be computed from available data). No profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality No Cash Backing
N/A

BranchOut Food Inc. reported a net loss of $6.1M while operations used $7.0M of cash. With neither figure positive, the ratio between the two carries no quality signal.

Interest Coverage At Risk
N/A

BranchOut Food Inc. reported an operating loss of $5.4M against $781K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.

Key Financial Metrics

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Earnings & Revenue

Revenue
$4.5M
YoY+36.1%
QoQ+71.0%

BranchOut Food Inc. generated $4.5M in revenue in Q2 2026. This represents an increase of 36.1% from the same quarter a year earlier. Against the prior quarter it is up 71.0%.

EBITDA
-$2.3M
YoY-109.0%
QoQ-64.1%

BranchOut Food Inc.'s EBITDA was -$2.3M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 109.0% from the same quarter a year earlier. Against the prior quarter it is down 64.1%.

Net Income
-$2.7M
YoY-69.7%
QoQ-51.8%

BranchOut Food Inc. reported -$2.7M in net income in Q2 2026. This represents a decrease of 69.7% from the same quarter a year earlier. Against the prior quarter it is down 51.8%.

EPS (Diluted)
-$0.18
QoQ-50.0%

BranchOut Food Inc. earned -$0.18 per diluted share (EPS) in Q2 2026. Against the prior quarter it is down 50.0%.

Cash & Balance Sheet

Free Cash Flow
-$3.0M
YoY-39.9%
QoQ-14.6%

BranchOut Food Inc. recorded an outflow of $3.0M in free cash flow in Q2 2026, representing a cash shortfall after capex. This represents a decrease of 39.9% from the same quarter a year earlier. Against the prior quarter it is down 14.6%.

Cash & Debt
$0

BranchOut Food Inc. held $0 in cash against $3.5M in long-term debt as of Q2 2026.

Shares Outstanding
15M
QoQ+5.0%

BranchOut Food Inc. had 15M shares outstanding in Q2 2026. Against the prior quarter it is up 5.0%.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

Gross Margin
2.2%
YoY-15.6pp
QoQ-13.2pp

BranchOut Food Inc.'s gross margin was 2.2% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is down 15.6 percentage points from the same quarter a year earlier. Against the prior quarter it is down 13.2 percentage points.

Operating Margin
-57.5%
YoY-17.6pp
QoQ+4.6pp

BranchOut Food Inc.'s operating margin was -57.5% in Q2 2026, reflecting core business profitability. This is down 17.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 4.6 percentage points.

Net Margin
-61.0%
YoY-12.1pp
QoQ+7.7pp

BranchOut Food Inc.'s net profit margin was -61.0% in Q2 2026, showing the share of revenue converted to profit. This is down 12.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 7.7 percentage points.

Return on Equity
-60.9%
YoY-15.6pp
QoQ-30.7pp

BranchOut Food Inc.'s ROE was -60.9% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 15.6 percentage points from the same quarter a year earlier. Against the prior quarter it is down 30.7 percentage points.

Capital Allocation

Capital Expenditures
$205K
YoY+80.2%
QoQ-60.3%

BranchOut Food Inc. invested $205K in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 80.2% from the same quarter a year earlier. Against the prior quarter it is down 60.3%.

R&D Spending

Not reported for Q2 2026.

Share Buybacks

Not reported for Q2 2026.

BOF Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

BOF quarterly income statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Revenue$4.5M+36.1%$2.6M-17.8%$4.1M+185.2%$3.2M+47.6%$3.3M+140.3%$3.2M+116.1%$1.4M-3.7%$2.2M+140.5%
Cost of Revenue$4.4M+61.9%$2.2M-16.5%$3.7M+162.8%$2.7M+43.6%$2.7M+121.8%$2.6M+123.2%$1.4M-5.9%$1.8M+97.4%
Gross Profit$97K-83.4%$401K-24.4%$353K+2595.5%$570K+69.3%$582K+291.0%$530K+86.8%$13K+163.7%$336K+1318.3%
R&D ExpensesN/A$17KN/AN/AN/AN/AN/AN/A
SG&A Expenses$1.2M+37.8%$859K+122.8%$1.4M+370.8%$898K+183.4%$847K+381.7%$386K+20.6%$288K-72.0%$317K+37.4%
Operating Income-$2.6M-96.0%-$1.6M-151.0%-$2.0M-72.7%-$1.4M-58.1%-$1.3M-58.4%-$645K+37.1%-$1.1M+20.4%-$903K-29.2%
EBITDA-$2.3M-109.0%-$1.4M-216.6%-$1.8M-$1.3M-61.0%-$1.1M-$446K+54.0%N/A-$834K-30.7%
Interest Expense$185K-38.7%$175K-37.2%$52K-84.9%$149K-59.8%$301K+153.1%$278K+868.4%$345K+1078.6%$371K+3603.8%
Net Income-$2.7M-69.7%-$1.8M-95.2%-$2.0M-36.5%-$1.6M-23.7%-$1.6M-70.1%-$918K+12.6%-$1.5M-1.2%-$1.3M-80.0%
EPS (Basic)-$0.18-5.9%-$0.12-9.1%-$0.16+11.1%-$0.14+26.3%-$0.17+22.7%-$0.11+57.7%-$0.18+51.4%-$0.19-5.6%
EPS (Diluted)-$0.18-$0.12-$0.16-$0.14-$0.17-$0.11-$0.18-$0.19
Diluted Shares (Avg)15M14MN/A12M10M9MN/A7M

Not reported in any period shown, so not listed: Income Tax.

BOF Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

BOF quarterly balance sheet
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Total Assets$17.3M+31.4%$17.2M+21.7%$14.5M+12.5%$14.7M+53.2%$13.2M+97.6%$14.1M+424.3%$12.9M+311.4%$9.6M+119.6%
Current Assets$8.0M+53.9%$7.7M+33.6%$5.7M+15.6%$5.5M+63.4%$5.2M+101.1%$5.8M+356.3%$4.9M+193.0%$3.3M+15.5%
Cash & Equivalents$0$0$0$0-100.0%$0-100.0%$0$0$1.1M
Short-Term Investments$0$0$0$0$0$0$0$0
Inventory$3.3M+117.1%$4.0M+153.2%$2.4M+23.5%$2.1M+144.8%$1.5M+461.9%$1.6M+1246.6%$1.9M+473.2%$844K+147.4%
Accounts Receivable$2.7M+43.5%$1.1M-24.3%$1.3M+215.2%$1.5M+57.8%$1.9M+377.2%$1.5M+190.7%$418K-34.2%$941K+191.5%
Long-Term Investments$0$0$0$0$0$0$0$0
Total Liabilities$12.8M+33.3%$11.2M+9.9%$8.9M-15.5%$9.5M+18.7%$9.6M+105.7%$10.2M+926.0%$10.5M+1049.6%$8.0M+962.3%
Current Liabilities$7.8M+71.0%$8.8M+3.7%$6.3M-28.9%$3.3M+26.6%$4.5M+253.8%$8.5M+880.5%$8.8M+1031.3%$2.6M+330.1%
Non-Current Liabilities$5.0M-0.4%$2.4M+40.7%$2.6M+54.0%$6.2M+14.8%$5.1M+49.6%$1.7M+1237.3%$1.7M+1154.6%$5.4M+3663.9%
Long-Term Debt$3.5MN/A$1000KN/AN/AN/AN/AN/A
Total Equity$4.5M+26.1%$5.9M+52.9%$5.6M+137.9%$5.1M+235.3%$3.5M+78.6%$3.9M+129.1%$2.3M+5.9%$1.5M-57.7%
Retained Earnings-$28.2M-40.4%-$25.5M-37.9%-$23.7M-34.9%-$21.7M-34.7%-$20.1M-35.7%-$18.5M-33.3%-$17.6M-37.1%-$16.1M-41.7%

Not reported in any period shown, so not listed: Goodwill.

BOF Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

BOF quarterly cash flow statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Operating Cash Flow-$2.8M-37.6%-$2.1M-8.2%-$1.9M-20.9%-$1.1M+42.1%-$2.0M-137.3%-$1.9M-284.7%-$1.6M-490.4%-$1.9M-314.7%
Depreciation & Amortization$249K+24.2%$208K+4.3%$166K+335.8%$85K+22.4%$200K$199K+254.0%$38K-32.2%$69K+13.7%
Stock-Based Compensation$273K+254.1%$243K+5934.1%N/A$96K+560.2%$77K$4K-99.2%N/A$15K
Capital Expenditures$205K+80.2%$515K+36.4%$173K-76.2%$83K-94.6%$113K-78.4%$378K+655.7%$727K+1353.7%$1.5M+2634.4%
Free Cash Flow-$3.0M-39.9%-$2.6M-12.8%-$2.1M+9.4%-$1.2M+65.7%-$2.1M-55.0%-$2.3M-318.2%-$2.3M-624.8%-$3.4M-569.1%
Investing Cash Flow-$205K-80.2%-$515K-36.4%-$173K+76.2%-$83K+94.6%-$113K+78.4%-$378K-842.2%-$727K-1353.7%-$1.5M-2608.3%
Financing Cash Flow$2.3M+512.0%$3.0M+25.6%$1.9M-47.0%$1.4M-62.0%$374K-81.9%$2.4M+1618.0%$3.6M+12256.1%$3.6M+5558.9%

Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.

BOF Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

BOF quarterly financial ratios
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Gross Margin2.2%-15.6pp15.4%-1.3pp8.7%+7.8pp17.7%+2.3pp17.8%+6.9pp16.7%-2.6pp0.9%+2.3pp15.4%+18.5pp
Operating Margin-57.5%-17.6pp-62.1%-41.8pp-48.8%+31.8pp-44.3%-2.9pp-40.0%+20.7pp-20.3%+49.5pp-80.7%+16.9pp-41.4%+35.7pp
Net Margin-61.0%-12.1pp-68.8%-39.8pp-50.0%-48.8%+9.4pp-48.9%+20.2pp-29.0%+42.7pp-104.5%-58.3%+19.6pp
Return on Equity-60.9%-15.6pp-30.2%-6.5pp-36.4%+27.1pp-30.8%+52.6pp-45.3%+2.3pp-23.7%+38.4pp-63.5%+2.9pp-83.4%-63.7pp
Return on Assets-15.7%-3.6pp-10.4%-3.9pp-14.0%-2.5pp-10.7%+2.5pp-12.2%+2.0pp-6.5%+32.5pp-11.6%+35.4pp-13.3%+2.9pp
Current Ratio1.03-0.1x0.87+0.2x0.91+0.3x1.63+0.4x1.15-0.9x0.68-0.8x0.56-1.6x1.27-3.4x
Debt-to-Equity0.79-1.9x1.89-0.7x0.18-4.3x1.87-3.4x2.71+0.4x2.64+2.0x4.49+4.4x5.28+5.2x
Asset Turnover0.260.0x0.15-0.1x0.28+0.2x0.220.0x0.250.0x0.22-0.3x0.11-0.4x0.230.0x
FCF Margin-67.1%-1.8pp-100.2%-52.0%-36.8%-65.3%-73.0%-35.3pp-163.6%-157.9%

Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Net Margin, FCF Margin.

Note: The current ratio is below 1.0 (0.91), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company Fiscal year Revenue Net income Net margin Market cap Health score
BranchOut Food Inc. BOF FY2025 $13.7M -$6.1M -44.6% $50.4M 21/100
Coffee Holding Co., Inc. JVA FY2025 $96.3M $1.4M 1.5% $26.4M 51/100
Steakholder Foods Ltd. STKH FY2025 N/A -$11.2M N/A $652K —
Natural Alternatives International Inc. NAII FY2026 $142.5M -$20.7M -14.5% $7.1M 22/100
Nocera, Inc. NCRA FY2025 $11.0M -$2.9M -26.1% $3.9M 30/100

Frequently Asked Questions

What is BranchOut Food Inc.'s annual revenue?

BranchOut Food Inc. (BOF) reported $13.7M in total revenue for fiscal year 2025. This represents a 113.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is BranchOut Food Inc.'s revenue growing?

BranchOut Food Inc. (BOF) revenue grew by 113.3% year-over-year, from $6.4M to $13.7M in fiscal year 2025.

Is BranchOut Food Inc. profitable?

No, BranchOut Food Inc. (BOF) reported a net income of -$6.1M in fiscal year 2025, with a net profit margin of -44.6%.

BranchOut Food Inc. (BOF) reported diluted earnings per share of -$0.57 for fiscal year 2025. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

BranchOut Food Inc. (BOF) had EBITDA of -$4.7M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

As of fiscal year 2025, BranchOut Food Inc. (BOF) had $0 in cash and equivalents against $1000K in long-term debt.

BranchOut Food Inc. (BOF) had a gross margin of 14.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

BranchOut Food Inc. (BOF) had an operating margin of -39.1% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

BranchOut Food Inc. (BOF) had a net profit margin of -44.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

BranchOut Food Inc. (BOF) has a return on equity of -109.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

BranchOut Food Inc. (BOF) recorded an outflow of $7.7M in free cash flow during fiscal year 2025. This represents a -0.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

BranchOut Food Inc. (BOF) recorded an outflow of $7.0M in operating cash flow during fiscal year 2025, representing cash used by core business activities.

BranchOut Food Inc. (BOF) had $14.5M in total assets as of fiscal year 2025, including both current and long-term assets.

BranchOut Food Inc. (BOF) invested $747K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

BranchOut Food Inc. (BOF) invested $8K in research and development during fiscal year 2025.

BranchOut Food Inc. (BOF) had 15M shares outstanding as of fiscal year 2025.

BranchOut Food Inc. (BOF) had a current ratio of 0.91 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

BranchOut Food Inc. (BOF) had a debt-to-equity ratio of 0.18 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

BranchOut Food Inc. (BOF) had a return on assets of -42.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

BranchOut Food Inc. (BOF) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $50.4M as of Oct 13, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

BranchOut Food Inc. (BOF) trades at 3.5x sales, its market capitalization divided by revenue of $14.3M revenue, trailing 12 months to June 30, 2026. The market capitalization is $50.4M as of Oct 13, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

At the end of fiscal year 2025, BranchOut Food Inc. (BOF) held $0 in cash, cash equivalents and investments, and reported an operating cash outflow of $7.0M over that year. Dividing the one by the other, the reported balance equals about 0 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.

BranchOut Food Inc. (BOF) has an Altman Z-Score of 0.79, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

BranchOut Food Inc. (BOF) has a Piotroski F-Score of 3 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

BranchOut Food Inc. (BOF) reported a net loss of $6.1M while operations used $7.0M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

BranchOut Food Inc. (BOF) reported an operating loss of $5.4M against $781K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

BranchOut Food Inc. (BOF) scores 21 out of 100 on our Financial Health Score, indicating weak standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.

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