The Real Good Food Company (The Real Good Food Company) Interest Expense : $-14.3 Mil (TTM As of Sep. 2023)

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What is The Real Good Food Company Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. The Real Good Food Company's interest expense for the three months ended in Sep. 2023 was $ -4.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $-14.3 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. The Real Good Food Company's Operating Income for the three months ended in Sep. 2023 was $ -8.9 Mil. The Real Good Food Company's Interest Expense for the three months ended in Sep. 2023 was $ -4.3 Mil. The Real Good Food Company 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.

The Real Good Food Company Interest Expense Historical Data

The historical data trend for The Real Good Food Company'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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The Real Good Food Company Interest Expense Chart

The Real Good Food Company Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Interest Expense

-5.38

-5.68

-5.37

-7.42

The Real Good Food Company Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Interest Expense	Get a 7-Day Free Trial										-2.47	-2.77	-3.28	-3.95	-4.26

The Real Good Food Company 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-14.3 Mil.

The Real Good Food Company (NAS:RGF) 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.

The Real Good Food Company's Interest Expense for the three months ended in Sep. 2023 was $-4.3 Mil. Its Operating Income for the three months ended in Sep. 2023 was $-8.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was $136.7 Mil.

The Real Good Food Company's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

The Real Good Food Company did not have earnings to cover the interest expense.

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

The Real Good Food Company (The Real Good Food Company) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » The Real Good Food Company Inc (NAS:RGF) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Executive Campus, Suite 155, Cherry Hill, NJ, USA, 08002

Website

https://www.realgoodfoods.com

The Real Good Food Company Inc is an innovative, high-growth, branded, health- and wellness-focused frozen food company. It develops, markets, and manufactures delicious and convenient comfort foods designed to be high in protein, low in sugar, and made from gluten- and grain-free ingredients that are intended to be sold in the health and wellness segment of the frozen food category. All of its revenue is derived from the United States.

Executives

Bryan T. Freeman	director, 10 percent owner, officer: See Remarks	3 EXECUTIVE CAMPUS, SUITE 155, CHERRY HILL NJ 08002
David Kanen	10 percent owner	6429 NW 65TH WAY, PARKLAND FL 33067
Philotimo Focused Growth & Income Fund	10 percent owner, other: See Explanation of Responses	5850 CORAL RIDGE DRIVE, SUITE 309, CORAL SPRINGS FL 33076
Kanen Wealth Management Llc	10 percent owner, other: See Explanation of Responses	5850 CORAL RIDGE DRIVE, SUITE 309, CORAL SPRINGS FL 33076
Philotimo Fund, Lp	10 percent owner, other: See Explanation of Responses	5850 CORAL RIDGE DRIVE, SUITE 309, CORAL SPRINGS FL 33076
Mark Joseph Nelson	director	LOCAL BOUNTI CORPORATION, 220 W MAIN STREET, HAMILTON MT 59840
Gerard Garfield Law	director, officer: See Remarks	3 EXECUTIVE CAMPUS, SUITE 155, CHERRY HILL NJ 08002
De Cardenas Gilbert B.	director	3 EXECUTIVE CAMPUS, SUITE 155, CHERRY HILL NJ 08002
Akshay Jagdale	officer: Chief Financial Officer	3 EXECUTIVE CAMPUS, SUITE 155, CHERRY HILL NJ 08002
Strand Equity Partners Iii, Llc	10 percent owner	1888 CENTURY PARK EAST, SUITE 1440, LOS ANGELES CA 90067
Josh Schreider	10 percent owner	3 EXECUTIVE CAMPUS, SUITE 155, CHERRYL HILL NJ 08002
Awm Investment Company, Inc.	10 percent owner	527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Andrew J Stiffelman	10 percent owner, officer: See Remarks	3 EXECUTIVE CAMPUS, SUITE 155, CHERRY HILL NJ 08002
Deanna T Brady	director	1 HORMEL STREET, AUSTIN MN 55912
Seth Rodsky	10 percent owner	1888 CENTURY PARK EAST, SUITE 1440, LOS ANGELES CA 90067