B. Riley Financial (B. Riley Financial) Interest Expense : $-187 Mil (TTM As of Dec. 2023)

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What is B. Riley Financial Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. B. Riley Financial's interest expense for the three months ended in Dec. 2023 was $ -47 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-187 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. B. Riley Financial's Operating Income for the three months ended in Dec. 2023 was $ -80 Mil. B. Riley Financial's Interest Expense for the three months ended in Dec. 2023 was $ -47 Mil. B. Riley Financial did not have earnings to cover the interest expense. 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.

B. Riley Financial Interest Expense Historical Data

The historical data trend for B. Riley Financial'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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B. Riley Financial Interest Expense Chart

B. Riley Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-50.21

-65.25

-92.46

-141.19

-187.01

B. Riley Financial 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															-44.40	-47.56	-47.33	-45.23	-46.89

B. Riley Financial 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 $-187 Mil.

B. Riley Financial (NAS:RILY) 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.

B. Riley Financial's Interest Expense for the three months ended in Dec. 2023 was $-47 Mil. Its Operating Income for the three months ended in Dec. 2023 was $-80 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $2,411 Mil.

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

B. Riley Financial did not have earnings to cover the interest expense.

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. B. Riley Financial Incs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

B. Riley Financial (B. Riley Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » B. Riley Financial Inc (NAS:RILY) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

RILYL.PFD:USA RILYP.PFD:USA

Address

11100 Santa Monica Boulevard, Suite 800, Los Angeles, CA, USA, 90025

Website

https://www.brileyfin.com

B. Riley Financial Inc is a diversified financial services company. The company through its subsidiaries offers investment banking and financial services to corporate, institutional and high net worth clients and also asset disposition, valuation and appraisal and capital advisory services to retail, wholesale, institutional, lenders, capital providers, private equity investors, and professional services firms in United States, Canada, and Europe. It also provides internet access and subscription services. The reportable operating segments of the company include Capital Markets, Wealth Management, Financial Consulting, Auction and Liquidation, Communications, and Consumer segment.

Executives

Kelleher Thomas J /adv	officer: CEO of B. Riley Capital Market	C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD, SUITE 400, WOODLAND HILLS CA 91367
Renee E Labran	director	130 WEST UNION STREET, C/O IDEALAB, PASADENA CA 91103
Andrew Moore	officer: CEO of B. Riley FBR, Inc.	C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD., SUITE 400, WOODLAND HILLS CA 91367
Robert L Antin	director
Tamara Sue Brandt	director	C/O B. RILEY FINANCIAL, INC., 11100 SANTA MONICA BLVD., SUITE 800, LOS ANGELES CA 90025
Bryant R Riley	director	C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD, SUITE 400, WOODLAND HILLS CA 91367
Randall E Paulson	director
D Agostino Robert P	director	21255 BURBANK BOULEVARD, SUITE 400, WOODLAND HILLS CA 91367
Michael Joseph Sheldon	director	C/O ALDILA, INC., 14145 DANIELSON ST. STE B, POWAY CA 92064
Daniel Asher	10 percent owner	111 W JACKSON BLVD, 20TH FL, CHICAGO IL 60604
Kenneth M Young	officer: President	C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD., SUITE 400, WOODLAND HILLS CA 91367
Mikel H Williams	director	21255 BURBANK BOULEVARD, SUITE 400, WOODLAND HILLS CA 91367
Phillip Ahn	officer: CFO and COO	21255 BURBANK BOULEVARD, SUITE 400, WOODLAND HILLS CA 91367
Alan N Forman	officer: EVP, General Counsel, Sec	21255 BURBANK BOULEVARD, SUITE 400, WOODLAND HILLS CA 91367
Todd D. Sims	director	C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD., SUITE 400, WOODLAND HILLS CA 91367