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Clarus (Clarus) Interest Expense : $-8.4 Mil (TTM As of Dec. 2023)


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What is Clarus Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Clarus's interest expense for the three months ended in Dec. 2023 was $ 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-8.4 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. Clarus's Operating Income for the three months ended in Dec. 2023 was $ -26.4 Mil. Clarus's Interest Expense for the three months ended in Dec. 2023 was $ 0.0 Mil. GuruFocus does not calculate Clarus's interest coverage with the available data. 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.


Clarus Interest Expense Historical Data

The historical data trend for Clarus'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.

* Premium members only.

Clarus Interest Expense Chart

Clarus Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.36 -1.26 -2.94 -7.90 -

Clarus Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Interest Expense 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 -2.84 -2.75 -2.86 -2.84 -

Clarus 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 $-8.4 Mil.

* 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.


Clarus  (NAS:CLAR) Interest Expense Explanation

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. The higher, the better.

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

Clarus's Interest Expense for the three months ended in Dec. 2023 was $0.0 Mil. Its Operating Income for the three months ended in Dec. 2023 was $-26.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $13.0 Mil.

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

GuruFocus does not calculate Clarus'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.


Clarus (Clarus) Business Description

Traded in Other Exchanges
N/A
Address
2084 East 3900 South, Salt Lake City, UT, USA, 84124
Clarus Corp is a designer, developer, manufacturer, and distributor of outdoor equipment and lifestyle products focused on the climb, ski, mountain, sport, and skincare markets. The company operates through the Outdoor segment which includes Black Diamond Equipment, PIEPS, and SKINourishment. Precision Sports segment, formerly known as Sierra segment, which includes Sierra and Barnes, includes two iconic American manufacturers of a wide range of high-performance bullets and ammunition for both rifles and pistols. The adventure segment includes Rhino-Rack and MAXTRAX. It derives the majority of its revenue from the Outdoor segment.
Executives
Nicolas Sokolow director 100 BLVD MALESHERBES, PARIS I0 00000
Aaron Kuehne officer: CAO and CFO C/O BLACK DIAMOND INC, 2084 EAST 3900 SOUTH, SALT LAKE CITY UT 84124
Donald House director 4944 MONUMENT ROAD, JASPER GA 30143
Michael A Henning director 4 WINCOMA DRIVE, HUNTINGTON NY 11743
Warren B Kanders director, 10 percent owner, officer: Exec. Chman. of the Bd. of Dir ONE LANDMARK SQUARE, 22ND FLOOR, STAMFORD, CT 06901
James E Walker director 1601 WASHINGTON AVENUE, SUITE 800, MIAMI BEACH FL 33139
Michael J Yates officer: Chief Financial Officer 1925 WEST FIELD COURT, SUITE 200, LAKE FOREST IL 60045
Susan Ottmann director 2084 EAST 3900 SOUTH, SALT LAKE CITY UT 84124
John Walbrecht officer: PRESIDENT 2084 EAST 3900 SOUTH, SALT LAKE CITY UT 84124
Mark D. Ritchie officer: Chief Operating Officer 10141 EASTDELL DRIVE, SANDY UT 84092
Zeena Freeman director, officer: President C/O BLACK DIAMOND, INC., 2084 EAST 3900 SOUTH, SALT LAKE CITY UT 84124
Kanders Gmp Holdings Llc 10 percent owner ONE LANDMARK SQUARE, 22ND FLOOR, STAMFORD CT 06901
Peter R. Metcalf director, officer: CEO and President 2084 EAST 3900 SOUTH, SALT LAKE CITY UT 84124
Robert Schiller director, officer: Executive Vice Chairman C/O ARMOR HOLDINGS INC, 1400 MARSH LANDING PARKWAY SUITE 112, JACKSONVILLE FL 32250
Robert N. Peay officer: Chief Financial Officer 2084 EAST 3900 SOUTH, SALT LAKE CITY UT 84124

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