Marcus (Marcus) Interest Expense : $-12.7 Mil (TTM As of Dec. 2023)

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What is Marcus Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Marcus's interest expense for the three months ended in Dec. 2023 was $ -3.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-12.7 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. Marcus's Operating Income for the three months ended in Dec. 2023 was $ 1.5 Mil. Marcus's Interest Expense for the three months ended in Dec. 2023 was $ -3.8 Mil. Marcus's Interest Coverage for the quarter that ended in Dec. 2023 was 0.41. 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.

Marcus Interest Expense Historical Data

The historical data trend for Marcus'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.

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Marcus Interest Expense Chart

Marcus Annual Data

Trend

May14

May15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-11.79

-16.28

-18.70

-15.30

-12.72

Marcus 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															-3.46	-3.01	-3.09	-2.87	-3.75

Marcus 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 $-12.7 Mil.

Marcus (NYSE:MCS) 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.

Marcus's Interest Expense for the three months ended in Dec. 2023 was $-3.8 Mil. Its Operating Income for the three months ended in Dec. 2023 was $1.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $350.9 Mil.

Marcus'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	*	1.548	/	-3.751
	=	0.41

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

Marcus (Marcus) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Marcus Corp (NYSE:MCS) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

3L1:Germany

Address

100 East Wisconsin Avenue, Suite 1900, Milwaukee, WI, USA, 53202-4125

Website

http://www.marcuscorp.com

Marcus Corp is engaged in two business segments, which are Theatres and Hotels and Resorts. The Theatre segment operates multiscreen motion picture theatres in Wisconsin, Illinois, Iowa, Minnesota, Missouri, Nebraska, North Dakota and Ohio, a family entertainment center in Wisconsin and a retail center in Missouri; Hotels and Resorts segment owns and operates full-service hotels and resorts in Wisconsin, Illinois, Oklahoma, and Nebraska and manages full-service hotels, resorts and other properties in Wisconsin, Minnesota, Texas, Nevada, California, and North Carolina. It generates maximum revenue from the Theatres segment.

Executives

Michael Reade Evans	officer: Pres., Marcus Hotels & Resorts	100 EAST WISCONSIN AVENUE, SUITE 1900, MILWAUKEE WI 53202-4125
Mark A Gramz	officer: Pres., Marcus Theatres Corp*	100 EAST WISCONSIN AVENUE, SUITE 1900, MILWAUKEE WI 53202-4125
Austin M Ramirez	director	ONE MAIN STREET, EVANSVILLE IN 47708
Brian Jay Stark	director	3600 SOUTH LAKE DRIVE, ST. FRANCIS WI 53235
Katherine M. Gehl	director	C/O GEHL FOODS, N116 W15970 MAIN STREET, GERMANTOWN WI 53022
Bruce J Olson	director, officer: Group Vice President
Thomas F Kissinger	officer: General Counsel and Secretary
Chad M Paris	officer: CFO & Treasurer	833 EAST MICHIGAN STREET, SUITE 900, MILWAUKEE WI 53202
Gregory S Marcus	officer: Senior Vice President	100 EAST WISCONSIN AVENUE, SUITE 1900, MILWAUKEE WI 53202-4125
Diane M Gershowitz	director, 10 percent owner
Rolando B Rodriguez	officer: Pres. & CEO - Marcus Theatres	C/O AMC ENTERTAINMENT INC, 920 MAIN ST, KANSAS CITY MO 64105
Douglas A Neis	officer: CFO and Treasurer
David M Baum	director	784 MORRIS TURNPIKE #367, SHORT HILLS NJ 07078
Vss-southern Holdings Llc	10 percent owner	C/O VERONIS SUHLER STEVENSON, 390 PARK AVENUE, NEW YORK NY 10022
Philip L Milstein	director	390 PARK AVENUE, SUITE 600, NEW YORK NY 10022