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FitLife Brands (FRA:QO8) Interest Expense : €-1.24 Mil (TTM As of Mar. 2024)


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What is FitLife Brands Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. FitLife Brands's interest expense for the three months ended in Mar. 2024 was € -0.38 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-1.24 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. FitLife Brands's Operating Income for the three months ended in Mar. 2024 was € 3.23 Mil. FitLife Brands's Interest Expense for the three months ended in Mar. 2024 was € -0.38 Mil. FitLife Brands's Interest Coverage for the quarter that ended in Mar. 2024 was 8.49. 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.


FitLife Brands Interest Expense Historical Data

The historical data trend for FitLife Brands'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.

FitLife Brands Interest Expense Chart

FitLife Brands 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 -0.04 -0.01 - - -0.94

FitLife Brands Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.09 -0.23 -0.23 -0.39 -0.38

FitLife Brands 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-1.24 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.


FitLife Brands  (FRA:QO8) 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.

FitLife Brands's Interest Expense for the three months ended in Mar. 2024 was €-0.38 Mil. Its Operating Income for the three months ended in Mar. 2024 was €3.23 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €10.97 Mil.

FitLife Brands's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*3.234/-0.381
=8.49

* 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.


FitLife Brands (FRA:QO8) Business Description

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Traded in Other Exchanges
Address
5214 South 136th Street, Omaha, NE, USA, 68137
FitLife Brands Inc is a provider of proprietary nutritional supplements for health-conscious consumers. The company markets and sells its products under NDS, PMD, Siren labs, Core active, Metis nutrition, Isatori and Biogenetic laboratories brand names. Its product portfolio consists of sports nutrition, energy, and sports drink products, meal replacement products and weight loss products. The firm derives its revenue from product sales. Its product categories include Natural & Organic Foods, Functional Foods, Natural & Organic Personal Care and Household Products and Supplements.

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