Children's Place (Children's Place) Interest Expense : $-27 Mil (TTM As of Oct. 2023)

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What is Children's Place Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Children's Place's interest expense for the three months ended in Oct. 2023 was $ -8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Oct. 2023 was $-27 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. Children's Place's Operating Income for the three months ended in Oct. 2023 was $ 46 Mil. Children's Place's Interest Expense for the three months ended in Oct. 2023 was $ -8 Mil. Children's Place's Interest Coverage for the quarter that ended in Oct. 2023 was 5.73. 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.

Children's Place Interest Expense Historical Data

The historical data trend for Children's Place'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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Children's Place Interest Expense Chart

Children's Place Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Interest Expense

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-3.53

-8.19

-11.91

-18.63

-13.32

Children's Place Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Interest Expense	Get a 7-Day Free Trial															-3.81	-5.20	-5.94	-7.66	-7.96

Children's Place 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 Oct. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-27 Mil.

Children's Place (NAS:PLCE) 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.

Children's Place's Interest Expense for the three months ended in Oct. 2023 was $-8 Mil. Its Operating Income for the three months ended in Oct. 2023 was $46 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Oct. 2023 was $126 Mil.

Children's Place's Interest Coverage for the quarter that ended in Oct. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Oct. 2023 )	/	Interest Expense (Q: Oct. 2023 )
	=	-1	*	45.55	/	-7.956
	=	5.73

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

Children's Place (Children's Place) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Children's Place Inc (NAS:PLCE) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

CP5:Germany CP5:Germany

Address

500 Plaza Drive, Secaucus, NJ, USA, 07094

Website

https://www.childrensplace.com

Children's Place Inc is pure-play children's specialty apparel retailer in North America. It design, contract to manufacture, sell at retail and wholesale, and license to sell, trend right, high quality merchandise predominantly at value prices, under proprietary The Children's Place, Place, Baby Place, Gymboree, Sugar & Jade, and PJ Place brand names.

Executives

Maegan Markee	officer: BRAND PRESIDENT	500 PLAZA DRIVE, SECAUCUS NJ 07094
Alicia Enciso	director	1721 VALLEY AVENUE, MCLEAN VA 22101
Jane T Elfers	officer: President and CEO	C/O THE CHILDRENS PLACE RETAIL STORES, 915 SECAUCUS ROAD, SECAUCUS NJ 07094
Wesley S Mcdonald	director
Michael A Shaffer	director	C/O PHILLIPS-VAN HEUSEN CORPORATION, 200 MADISON AVENUE, NEW YORK NY 10016
Sheamus Toal	officer: SVP, CHIEF FINANCIAL OFFICER	450 W. 33RD STREET, 5TH FLOOR, NEW YORK NY 10001
John E. Bachman	director	77 EXETER STREET, 1809, BOSTON MA 02116
Joseph A Alutto	director	810 CURLEYS COURT, COLUMBUS OH 43235
Jared Shure	officer: SVP, GEN COUNSEL & SECRETARY	500 PLAZA DRIVE, THE CHILDREN'S PLACE, SECAUCUS NJ 07094
Elizabeth J Boland	director	C/O BRIGHT HORIZONS FAMILY SOLUTIONS, 2 WELLS AVENUE, NEWTON MA 02459
Deborah Derby	officer: CHIEF ADMINISTRATIVE OFFICER	TOYS R US INC, 225 SUMMIT AVE, MONTVALE NJ 07645
Katherine Kountze	director	500 PLAZA DRIVE, C/O THE CHILDREN'S PLACE, SECAUCUS NJ 07094
Michael D Rinaldo	officer: CHIEF ACCOUNTING OFFICER	C/O TIFFANY & CO., 727 FIFTH AVENUE, NEW YORK NY 10022
Leah Swan	officer: CHIEF ADMINISTRATIVE OFFICER	500 PLAZA DRIVE, C/O THE CHILDREN'S PLACE, INC., SECAUCUS NJ 07094
Robert F Helm	officer: SVP, FINANCE & INV MGMT (CAO)	500 PLAZA DRIVE, THE CHILDREN'S PLACE, SECAUCUS NJ 07094