Citi Trends (Citi Trends) Interest Expense : $-0.3 Mil (TTM As of Jan. 2024)

View and export this data going back to 2005. Start your Free Trial

What is Citi Trends Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Citi Trends's interest expense for the three months ended in Jan. 2024 was $ -0.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2024 was $-0.3 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. Citi Trends's Operating Income for the three months ended in Jan. 2024 was $ 4.8 Mil. Citi Trends's Interest Expense for the three months ended in Jan. 2024 was $ -0.1 Mil. Citi Trends's Interest Coverage for the quarter that ended in Jan. 2024 was 61.59. 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.

Citi Trends Interest Expense Historical Data

The historical data trend for Citi Trends'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.

Citi Trends Interest Expense Chart

Citi Trends Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Interest Expense

Get a 7-Day Free Trial

-0.16

-0.78

-0.31

Citi Trends Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Interest Expense	Get a 7-Day Free Trial															-0.08	-0.08	-0.08	-0.08	-0.08

Citi Trends 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.3 Mil.

Citi Trends (NAS:CTRN) 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.

Citi Trends's Interest Expense for the three months ended in Jan. 2024 was $-0.1 Mil. Its Operating Income for the three months ended in Jan. 2024 was $4.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2024 was $188.8 Mil.

Citi Trends's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jan. 2024 )	/	Interest Expense (Q: Jan. 2024 )
	=	-1	*	4.804	/	-0.078
	=	61.59

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

Citi Trends (Citi Trends) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Citi Trends Inc (NAS:CTRN) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

WW2:Germany

Address

104 Coleman Boulevard, Savannah, GA, USA, 31408

Website

https://www.cititrends.com

Citi Trends Inc is a retailer of urban fashion apparel and accessories in the United States. The company offers apparel, including fashion sportswear for men and women, as well as children, such as newborns, infants, toddlers, boys, and girls; accessories comprising handbags, jewelry, footwear, belts, intimate apparel, scrubs, and sleepwear; and functional and decorative home products, as well as beauty products, books, and toys.

Executives

Fund 1 Investments, Llc	10 percent owner	100 CARR 115, UNIT 1900, RINCON PR 00677
Jonathan Duskin	director	MACELLUM CAPITAL MANAGEMENT, LLC, 99 HUDSON STREET, 5TH FLOOR, NEW YORK NY 10013
Pleasant Lake Partners Llc	10 percent owner	100 CARR 115 UNIT 1900, RINCON PR 00677
Pleasant Lake Onshore Feeder Fund Lp	10 percent owner	100 CARR 115 UNIT 1900, RINCON PR 00677
Vivek Bhargava	officer: SVP, Supply Chain Operations	104 COLEMAN BOULEVARD, SAVANNAH GA 31408
Ivy D Council	officer: SR VP of HR, Chief Compl Offcr	C/O CITI TRENDS, INC., 102 FAHM STREET, SAVANNAH GA 31401
David N. Makuen	director, officer: Chief Executive Officer	C/O FIVE BELOW, INC., 1818 MARKET STREET, SUITE 2000, PHILADELPHIA PA 19103
Heather L Plutino	officer: EVP and CFO	104 COLEMAN BOULEVARD, SAVANNAH GA 31408
Brian Carney	director	5555 DARROW RD, HUDSON OH 44236
Laurens Goff	director	C/O CITI TRENDS, INC., 104 COLEMAN BLVD., SAVANNAH GA 31408
Jessica Berkowitz	officer: SVP, Planning and Allocation	104 COLEMAN BOULEVARD, SAVANNAH GA 31408
Kenneth Duane Seipel	director	26972 BURBANK, FOOTHILL RANCH CA 92610
Christina M Francis	director	104 COLEMAN BOULEVARD, SAVANNAH GA 31408
Lisa A. Powell	officer: Chief Merchandising Officer	C/O CITI TRENDS, INC., 104 COLEMAN BLVD., SAVANNAH GA 31408
Charles J. Hynes	officer: Senior VP - Supply Chain	CITI TRENDS, INC., 104 COLEMAN BLVD., SAVANNAH GA 31408