Central Garden & Pet Co (Central Garden & Pet Co) Interest Expense : $-57 Mil (TTM As of Dec. 2023)

View and export this data going back to 1993. Start your Free Trial

What is Central Garden & Pet Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Central Garden & Pet Co's interest expense for the three months ended in Dec. 2023 was $ -14 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-57 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. Central Garden & Pet Co's Operating Income for the three months ended in Dec. 2023 was $ 8 Mil. Central Garden & Pet Co's Interest Expense for the three months ended in Dec. 2023 was $ -14 Mil. Central Garden & Pet Co's Interest Coverage for the quarter that ended in Dec. 2023 was 0.59. 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.

Central Garden & Pet Co Interest Expense Historical Data

The historical data trend for Central Garden & Pet 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.

Central Garden & Pet Co Interest Expense Chart

Central Garden & Pet Co Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Interest Expense

Get a 7-Day Free Trial

-42.61

-44.02

-58.60

-58.25

-57.03

Central Garden & Pet Co 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															-14.47	-14.88	-14.54	-13.14	-14.32

Central Garden & Pet 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-57 Mil.

Central Garden & Pet Co (NAS:CENT) 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.

Central Garden & Pet Co's Interest Expense for the three months ended in Dec. 2023 was $-14 Mil. Its Operating Income for the three months ended in Dec. 2023 was $8 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $1,326 Mil.

Central Garden & Pet Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	8.412	/	-14.316
	=	0.59

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

Central Garden & Pet Co (Central Garden & Pet Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Central Garden & Pet Co (NAS:CENT) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

CENTA:USA GP7:Germany

Address

1340 Treat Boulevard, Suite 600, Walnut Creek, CA, USA, 94597

Website

https://www.central.com

Central Garden & Pet Co understands that home is central to life and has nurtured happy and healthy homes for over forty years. The segments of the company are the pet segment and garden segment. The company's trusted products are dedicated to helping lawns grow greener, gardens bloom bigger, pets live healthier and communities grow stronger. Central is home to a portfolio of more than sixty-five brands including Pennington, Nylabone, Kaytee, Amdro, and Aqueon, manufacturing and distribution capabilities, and a passionate, entrepreneurial growth culture. Central Garden and Pet is based in Walnut Creek, California, and has offices across North America and Europe.

Executives

John Edward Hanson	officer: Senior Vice President	C/O CENTRAL GARDEN & PET COMPANY, 1340 TREAT BOULEVARD, SUITE 600, WALNUT CREEK CA 94597
John Ranelli	director	C/O CENTRAL GARDEN & PET COMPANY, 1340 TREAT BOULEVARD, SUITE 600, WALNUT CREEK CA 94597
Brooks Iii Pennington	director	1280 ATLANTA HWY, MADISON GA 30650
Howard Machek	officer: Chief Accounting Officer	C/O CENTRAL GARDEN & PET COMPANY, 1340 TREAT BLVD #600, WALNUT CREEK CA 94597
William E Brown	director, 10 percent owner, officer: Chairman	3697 MOUNT DIABLO BLVD, SUITE 310, LAFAYETTE CA 94549
Nicholas Lahanas	officer: Chief Financial Officer	4666 MISSION AVENUE, SUITE 1, SAN DIEGO CA 92116
George A. Yuhas	officer: General Counsel	C/O CENTRAL GARDEN & PET COMPANY, 1340 TREAT BOULEVARD, SUITE 600, WALNUT CREEK CA 94597
Brendan Dougher	director	C/O CENTRAL GARDEN & PET COMPANY, 1340 TREAT BOULEVARD, SUITE 600, WALNUT CREEK CA 94597
Thomas J Colligan	director	CORGENTECH INC, 650 GATEWAY BOULEVARD, SOUTH SAN FRANCISCO CA 94080
John Balousek	director	303 PEACHTREE CENTER AVE, SUITE 500, ALTANTA GA 30303
William Lawrence Lynch	officer: Senior Vice President	C/O CENTRAL GARDEN & PET COMPANY, 1340 TREAT BLOULEVARD SUITE 600, WALNUT CREEK CA 94597
Mary Beth Springer	director	SPRINGER MARY BETH, 111 SYCAMORE AVENUE, SAN MATEO CA 94402
Michael Edwards	director	BORDERS GROUP, INC., 100 PHOENIX DRIVE, ANN ARBOR MI 48108
Christopher T Metz	director	BLACK & DECKER CORP, 701 EAST JOPPA ROAD, TOWSON MD 21286
Kay Schwichtenberg	officer: Executive Vice President	C/O CENTRAL GARDEN & PET COMPANY, 1340 TREAT BOULEVARD, SUITE 600, WALNUT CREEK CA 94597