Restaurant Group (The) (LSE:RTN) Interest Expense : £-40.3 Mil (TTM As of Jun. 2023)

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What is Restaurant Group (The) Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Restaurant Group (The)'s interest expense for the six months ended in Jun. 2023 was £ -21.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was £-40.3 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. Restaurant Group (The)'s Operating Income for the six months ended in Jun. 2023 was £ 21.1 Mil. Restaurant Group (The)'s Interest Expense for the six months ended in Jun. 2023 was £ -21.5 Mil. Restaurant Group (The)'s Interest Coverage for the quarter that ended in Jun. 2023 was 0.98. 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.

Restaurant Group (The) Interest Expense Historical Data

The historical data trend for Restaurant Group (The)'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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Restaurant Group (The) Interest Expense Chart

Restaurant Group (The) Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

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-1.90

-15.24

-36.60

-42.40

-38.80

Restaurant Group (The) Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Interest Expense	Get a 7-Day Free Trial															-19.70	-22.70	-20.00	-18.80	-21.50

Restaurant Group (The) 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-40.3 Mil.

Restaurant Group (The) (LSE:RTN) 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.

Restaurant Group (The)'s Interest Expense for the six months ended in Jun. 2023 was £-21.5 Mil. Its Operating Income for the six months ended in Jun. 2023 was £21.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was £545.3 Mil.

Restaurant Group (The)'s Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2023 )	/	Interest Expense (Q: Jun. 2023 )
	=	-1	*	21.1	/	-21.5
	=	0.98

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

Restaurant Group (The) (LSE:RTN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Restaurant Group (The) PLC (LSE:RTN) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

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Address

5-7 Marshalsea Road, Borough, London, GBR, SE1 1EP

Website

https://www.trgplc.com

Restaurant Group (The) PLC operates more than 400 restaurants and pubs under a variety of brand names and concepts, including Frankie and Benny's (American and Italian food), Chiquito (Mexican food), Coast to Coast (American food), Brunning & Price (traditional British pub), and Garfunkel's (British cafe). The group trades in four segments Wagamama, Pubs, Leisure, and Concessions. Nearly all of the company's restaurants are in the United Kingdom. The Group also operates Pub restaurants and a Concessions business which trades principally at UK airports.