EVI Industries (EVI Industries) Interest Expense

: $-3.1 Mil (TTM As of Dec. 2023)

View and export this data going back to 1999. Start your Free Trial

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. EVI Industries's interest expense for the three months ended in Dec. 2023 was $ -0.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-3.1 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. EVI Industries's Operating Income for the three months ended in Dec. 2023 was $ 3.0 Mil. EVI Industries's Interest Expense for the three months ended in Dec. 2023 was $ -0.8 Mil. EVI Industries's Interest Coverage for the quarter that ended in Dec. 2023 was 3.59. 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.

EVI Industries Interest Expense Historical Data

The historical data trend for EVI Industries'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.

EVI Industries Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Expense

-1.39

-1.43

-0.64

-0.68

-2.51

EVI Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense																-0.63	-0.72	-0.79	-0.77	-0.82

EVI Industries 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 $-3.1 Mil.

EVI Industries (AMEX:EVI) 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.

EVI Industries's Interest Expense for the three months ended in Dec. 2023 was $-0.8 Mil. Its Operating Income for the three months ended in Dec. 2023 was $3.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $38.3 Mil.

EVI Industries'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	*	2.951	/	-0.823
	=	3.59

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

EVI Industries (EVI Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » EVI Industries Inc (AMEX:EVI) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

4500 Biscayne Boulevard, Suite 340, Miami, FL, USA, 33137

Website

https://www.evi-ind.com

EVI Industries Inc through its subsidiaries, is a distributor that sells, leases, and rents commercial, industrial, and vended laundry and dry cleaning equipment and steam and hot water boilers manufactured by others, supplies related replacement parts and accessories, designs and plans turn-key laundry, dry cleaning, and boiler systems, and provides installation and maintenance services to its customers, which include commercial, industrial, institutional, government, and retail customers. These activities are conducted in the United States, Canada, the Caribbean and Latin America.

Executives

Hal M Lucas	director	290 NE 68 STREET, MIAMI FL 33138
Thomas Marks	officer: EVP, Business Development	2331 TRIPALDI WAY, HAYWARD CA 94545
Henry M Nahmad	director, 10 percent owner, officer: Chairman, CEO and President	C/O ENVIROSTAR, INC., 290 NE 68 STREET, MIAMI FL 33138
Robert Lazar	officer: Chief Financial Officer	770 SOUTH DIXIE HIGHWAY #200, CORAL CABLES FL 33146
David Blyer	director
Glen Kruger	director	4500 BISCAYNE BOULEVARD, SUITE 340, MIAMI FL 33137
Timothy P Lamacchia	director	290 N.E. 68TH STREET, MIAMI FL 33138
Western State Design, Llc	10 percent owner	2331 TRIPALDI WAY, HAYWARD CA 94545
Dennis W. Mack	director, 10 percent owner, officer: Executive Vice President	2331 TRIPALDI WAY, HAYWARD CA 94545
Michael S Steiner	director, 10 percent owner, officer: President and CEO	290 NE 68 STREET, MIAMI FL 33138
Symmetric Capital Ii Llc	10 percent owner	290 NE 68 STREET, MIAMI FL 33138
Todd Oretsky	director	330 SW 2ND STREET, SUITE 209, FORT LAUDERDALE FL 33312
Symmetric Capital Llc	10 percent owner	C/O ENVIROSTAR, INC., 290 NE 68 STREET, MIAMI FL 33138
Robert M Steiner	10 percent owner	315 CORNWALL STREET, SAN FRANCISCO CA 94118
Indelicato Venerando	director, officer: Treasurer and CFO	12307 MARBLEHEAD DRIVE, TAMPA FL 33626