Sturm Ruger (Sturm Ruger) Interest Expense

: $-0.2 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. Sturm Ruger's interest expense for the three months ended in Dec. 2023 was $ -0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.2 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. Sturm Ruger's Operating Income for the three months ended in Dec. 2023 was $ 10.3 Mil. Sturm Ruger's Interest Expense for the three months ended in Dec. 2023 was $ -0.0 Mil. Sturm Ruger's Interest Coverage for the quarter that ended in Dec. 2023 was 368.46. 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.

Sturm Ruger Interest Expense Historical Data

The historical data trend for Sturm Ruger'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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Sturm Ruger Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-0.19

-0.16

-0.26

-0.21

Sturm Ruger Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense																-0.05	-0.03	-0.03	-0.12	-0.03

Sturm Ruger 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 $-0.2 Mil.

Sturm Ruger (NYSE:RGR) 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.

Sturm Ruger's Interest Expense for the three months ended in Dec. 2023 was $-0.0 Mil. Its Operating Income for the three months ended in Dec. 2023 was $10.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $2.2 Mil.

Sturm Ruger'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	*	10.317	/	-0.028
	=	368.46

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Sturm Ruger & Co Inc has enough cash to cover all of its debt. Its financial situation is stable.

Sturm Ruger (Sturm Ruger) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Sturm Ruger & Co Inc (NYSE:RGR) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

ST2:Germany ST2:Germany

Address

1 Lacey Place, Southport, CT, USA, 06890

Website

http://www.ruger.com

Sturm Ruger & Co Inc and its subsidiary are principally engaged in the design, manufacture, and sale of firearms to domestic customers. The company's design and manufacturing operations are in the United States and almost all product content is domestic. The company primarily offers products in three industry product categories namely rifles, pistols, and revolvers. The company's firearms are sold through independent wholesale distributors, principally to the commercial sporting market. It also manufactures and sells investment castings made from steel alloys and metal injection molding parts for internal use in the firearms segment and has minimal sales to outside customers.

Executives

Michael W Wilson	officer: VP of Mayodan Operations	ONE LACEY PLACE, SOUTHPORT CT 06890
Amir Rosenthal	director	C/O KATY INDUSTRIES INC, 765 STRAITS TURNPIKE STE 2000, MIDDLEBURY CT 06762
Christopher John Killoy	officer: Vice President Sales and Mtg.	C/O STURM, RUGER, & COMPANY, INC., 1 LACEY PLACE, SOUTHPORT CT 06890
Reid Kevin B. Sr	officer: VP & General Counsel	C/O STURM, RUGER & CO. INC, 1 LACEY PLACE, SOUTHPORT CT 06890
Timothy Lowney	officer: VP of Prescott Operations	1 LACEY PLACE, SOUTHPORT CT 06890
Rebecca S Halstead	director	ONE LACEY PLACE, SOUTHPORT CT 06890
Shawn Christopher Leska	officer: Vice President, Sales	ONE LACEY PLACE, SOUTHPORT CT 06890
C Michael Jacobi	director	C/O KATY INDUSTRIES INC, 765 STRAITS TURNPIKE STE 2000, MIDDLEBURY CT 06762
Randall Wheeler	officer: VP of Newport Operations	1 LACEY PLACE, SOUTHPORT CT 06890
Terrence Gregory Oconnor	director	C/O HIGH RISE PARTNERS, 325 NORTH AVENUE EAST, WESTFIELD NJ 07090
Thomas Patrick Sullivan	officer: VP of Newport Operations	C/O STURM RUGER & COMPANY INC, ONE LACEY PLACE, SOUTHPORT CT 06890
Ronald C Whitaker	director	C/O STURM RUGER & COMPANY INC, ONE LACEY PLACE, SOUTHPORT CT 06890
Thomas Anthony Dineen	officer: Treasurer and CFO
Michael O Fifer	director, officer: President & CEO	C/O STURM RUGER & COMPANY, INC, ONE LACEY PLACE, SOUTHPORT CT 06890
Werkmeister Robert J Jr	officer: VP of Marketing	ONE LACEY PLACE, SOUTHPORT CT 06890