Bowlero (Bowlero) Interest Expense : $-144 Mil (TTM As of Dec. 2023)

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What is Bowlero Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Bowlero's interest expense for the three months ended in Dec. 2023 was $ -46 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-144 Mil.

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. Bowlero's Operating Income for the three months ended in Dec. 2023 was $ 50 Mil. Bowlero's Interest Expense for the three months ended in Dec. 2023 was $ -46 Mil. Bowlero's Interest Coverage for the quarter that ended in Dec. 2023 was 1.07. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Bowlero Interest Expense Historical Data

The historical data trend for Bowlero's Interest Expense 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.

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Bowlero Interest Expense Chart

Bowlero Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Interest Expense

-80.64

-88.86

-94.46

-110.85

Bowlero Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial										-27.38	-29.12	-30.79	-37.45	-46.24

Bowlero Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-144 Mil.

Bowlero (NYSE:BOWL) Interest Expense Explanation

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

Bowlero's Interest Expense for the three months ended in Dec. 2023 was $-46 Mil. Its Operating Income for the three months ended in Dec. 2023 was $50 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $2,354 Mil.

Bowlero's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	49.527	/	-46.236
	=	1.07

The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Bowlero Corp interest coverage is 1.15, which is low.

Bowlero (Bowlero) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Bowlero Corp (NYSE:BOWL) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

7313 Bell Creek Road, Mechanicsville, VA, USA, 23111

Website

https://www.bowlerocorp.com

Bowlero Corp is a operator of bowling entertainment centers. It operate traditional bowling centers and more upscale entertainment concepts with lounge seating, arcades, enhanced food and beverage offerings, and more robust customer service for individuals and group events, as well as hosting and overseeing professional and non-professional bowling tournaments and related broadcasting.

Executives

John Alan Young	director	C/O BOWLERO CORP., 7313 BELL CREEK ROAD, MECHANICSVILLE VA 23111
Robert M. Lavan	officer: Chief Financial Officer	5201 INTERCHANGE WAY, LOUISVILLE KY 40229
A-b Parent Llc	director, 10 percent owner	C/O ATAIROS GROUP INC, 40 MORRIS AVE, BRYN MAWR PA 19010
Jeffrey C Kostelni	officer: Chief Accounting Officer	C/O BOWLERO CORP., 7313 BELL CREEK ROAD, MECHANICSVILLE VA 23111
Brett I. Parker	officer: Chief Financial Officer	C/O BOWLERO CORP., 7313 BELL CREEK ROAD, MECHANICSVILLE VA 23111
Thomas F. Shannon	director, officer: Chief Executive Officer	C/O BOWLERO CORP., 222 WEST 44TH STREET, NEW YORK NY 10036
Alberto Perlman	director	C/O BOWLERO CORP., 7313 BELL CREEK ROAD, MECHANICSVILLE VA 23111
George A. Barrios	director	C/O 1241 EAST MAIN STREET, STAMFORD CT 06902
Michelle D Wilson	director	C/O WORLD WRESTLING ENTERTAINMENT, INC., 1241 EAST MAIN STREET, STAMFORD CT 06902
Apollo Spac Fund I, L.p.	10 percent owner	27 HOSPITAL ROAD, GEORGE TOW E9 KY1-9008
Cobalt Group, Llc	director	C/O BOWLERO CORPORATION, 7313 BELL CREEK ROAD, MECHANICSVILLE VA 23111
Cobalt Recreation Llc	director	C/O BOWLERO CORPORATION, 7313 BELL CREEK ROAD, MECHANICSVILLE VA 23111
Nicole M. Weinberger	officer: Chief Customer Off. & CEO, PBA	C/O BOWLERO CORP., 222 W. 44TH STREET, NEW YORK NY 10036
Rachael A. Wagner	director, 10 percent owner	C/O BOWLERO CORP., 222 WEST 44TH STREET, NEW YORK NY 10036
Apollo Management Holdings Gp, Llc	10 percent owner	9 W. 57TH STREET, 43RD FLOOR, NEW YORK NY 10019