The Simply Good Foods Co (STU:76L) Interest Expense : €-24 Mil (TTM As of Feb. 2024)

View and export this data going back to 2017. Start your Free Trial

What is The Simply Good Foods Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. The Simply Good Foods Co's interest expense for the three months ended in Feb. 2024 was € -5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2024 was €-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. The Simply Good Foods Co's Operating Income for the three months ended in Feb. 2024 was € 45 Mil. The Simply Good Foods Co's Interest Expense for the three months ended in Feb. 2024 was € -5 Mil. The Simply Good Foods Co's Interest Coverage for the quarter that ended in Feb. 2024 was 8.59. 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 Simply Good Foods Co Interest Expense Historical Data

The historical data trend for The Simply Good Foods Co'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.

The Simply Good Foods Co Interest Expense Chart

The Simply Good Foods Co Annual Data

Trend

Aug16

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Interest Expense

Get a 7-Day Free Trial

-12.25

-27.73

-26.82

-21.60

-27.57

The Simply Good Foods Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Interest Expense	Get a 7-Day Free Trial															-7.94	-7.04	-6.30	-5.58	-5.19

The Simply Good Foods Co 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-24 Mil.

The Simply Good Foods Co (STU:76L) 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 Simply Good Foods Co's Interest Expense for the three months ended in Feb. 2024 was €-5 Mil. Its Operating Income for the three months ended in Feb. 2024 was €45 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2024 was €220 Mil.

The Simply Good Foods Co's Interest Coverage for the quarter that ended in Feb. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Feb. 2024 )	/	Interest Expense (Q: Feb. 2024 )
	=	-1	*	44.573	/	-5.187
	=	8.59

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

The Simply Good Foods Co (STU:76L) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » The Simply Good Foods Co (STU:76L) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

SMPL:USA

Address

1225, 17th Street, Suite 1000, Denver, CO, USA, 80202

Website

http://www.thesimplygoodfoodscompany.com

The Simply Good Foods Co is a consumer packaged food and beverage company. It provides low-carbohydrate, high protein bars, shakes, and other products such as confections, chips, and cookies under the Atkins and Quest brands. The company distributes its products in retail channels, predominantly in North America, including grocery, club, and mass merchandise, as well as through e-commerce, convenience, and other channels.

The Simply Good Foods Co (STU:76L) Headlines

No Headlines