Denny's (Denny's) Interest Expense

: $-20.1 Mil (TTM As of Dec. 2023)

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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Denny's's interest expense for the three months ended in Dec. 2023 was $ -5.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-20.1 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. Denny's's Operating Income for the three months ended in Dec. 2023 was $ 14.2 Mil. Denny's's Interest Expense for the three months ended in Dec. 2023 was $ -5.4 Mil. Denny's's Interest Coverage for the quarter that ended in Dec. 2023 was 2.62. 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.

Denny's Interest Expense Historical Data

The historical data trend for Denny's'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.

Denny's Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-16.90

-15.14

-12.46

-12.14

-21.07

Denny's Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense																-3.87	-4.13	-5.26	-5.35	-5.40

Denny's 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 $-20.1 Mil.

Denny's (NAS:DENN) 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.

Denny's's Interest Expense for the three months ended in Dec. 2023 was $-5.4 Mil. Its Operating Income for the three months ended in Dec. 2023 was $14.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $379.1 Mil.

Denny's'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	*	14.15	/	-5.397
	=	2.62

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Denny's Corp interest coverage is 3.06, which is low.

Denny's (Denny's) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Denny's Corp (NAS:DENN) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

DE8:Germany

Address

203 East Main Street, Spartanburg, SC, USA, 29319-9966

Website

https://investor.dennys.com

Denny's Corp is one of America's largest franchised full-service restaurant chains based on the number of restaurants. It provides Pancakes, Appetizers & Soups, Sandwiches & Salads, Breakfast Melts, Omelettes, and others. The company generates its revenue from two sources: the sale of food & beverages and the collection of royalties & fees from restaurants.

Executives

Pankaj K Patra	officer: EVP, Chief Digital & Tech Ofc	12157 BETHEL DR., FRISCO TX 75033
Stephen C. Dunn	officer: Sr. V.P., Global Development	203 EAST MAIN STREET, SPARTANBURG SC 29319
John C Miller	director, officer: CEO and President
Stephanie J. Davidson	officer: EVP, Chief People Officer	203 EAST MAIN STREET, SPARTANBURG SC 29319
Gail Sharps Myers	officer: Senior VP, General Counsel	13515 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Robert P. Verostek	officer: Senior Vice President, Finance	203 EAST MAIN STREET, SPARTANBURG SC 29319
Brenda J Lauderback	director	IRWIN FINANCIAL CORPORATION, 500 WASHINGTON STREET, COLUMBUS IN 47201
Kelli Valade	director, officer: CEO and President	6820 LBJ FREEWAY, DALLAS TX 75240
Donald C. Robinson	director	203 EAST MAIN STREET, MS P12-02, SPARTANBURG SC 29319
F Mark Wolfinger	officer: Sr. V.P., CFO	DENNY'S CORPORATION, 203 EAST MAIN STREET, SPARTANBURG SC 29319
Olufunlayo Olurinde Fajemirokun-beck	director	C/O FRESHPET, INC., 400 PLAZA DRIVE, 1ST FLOOR, SECAUCUS NJ 07094
Jay C Gilmore	officer: VP, CAO & Corporate Controller	203 EAST MAIN STREET, MSP1202, SPARTANBURG SC 29319
John William Dillon	officer: Sr VP, Chief Marketing Officer	203 EAST MAIN STREET, SPARTANBURG SC 29319
Christopher D Bode	officer: Sr. V.P., Operations	203 EAST MAIN STREET, SPARTANBURG SC 29319
Timothy E. Flemming	officer: Sr. V.P., General Counsel	203 EAST MAIN STREET, SPARTANBURG SC 29319