What is Virco Manufacturing Interest Expense?
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Virco Manufacturing's interest expense for the
three
months ended in Jan. 2024 was $ -0.1 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Jan. 2024 was $-2.7 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. Virco Manufacturing's Operating Income for the
three
months ended in Jan. 2024 was $ -3.2 Mil. Virco Manufacturing's Interest Expense for the
three
months ended in Jan. 2024 was $ -0.1 Mil.
Virco Manufacturing did not have earnings to cover the interest expense.
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.
Virco Manufacturing 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.7 Mil.
* 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.
Virco Manufacturing (NAS:VIRC) Interest Expense Explanation
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. The higher, the better.
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Virco Manufacturing's Interest Expense for the
three
months ended in Jan. 2024 was $-0.1 Mil. Its
Operating Income
for the
three
months ended in Jan. 2024 was $-3.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Jan. 2024 was $6.0 Mil.
Virco Manufacturing's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as
| Virco Manufacturing did not have earnings to cover the interest expense. |
* 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.
The higher the ratio, the stronger the company's financial strength is.
Virco Manufacturing (Virco Manufacturing) Business Description
Traded in Other Exchanges
N/A
Address
2027 Harpers Way, Torrance, CA, USA, 90501
Virco Manufacturing Corp is engaged in designing, production and distributing quality furniture for the commercial and education markets. The company manufactures an assortment of products, including mobile tables, mobile storage equipment, desks, computer furniture, chairs, and activity tables, folding chairs, and folding tables. Its primary furniture lines are constructed of tubular metal legs and frames, combined with wood and plastic tops, plastic seats and backs, upholstered seats and backs, and upholstered rigid polyethylene and polypropylene shells. Geographically, it operates in the United States and Canada.
Executives
| Patricia Levine Quinones |
officer: Vice President |
6008 E. CALLE CEDRO, ANAHEIM CA 92807 |
| Bradley C Richardson |
director |
|
| Craig L Levra |
director |
C/O SPORT CHALET INC, ONE SPORT CHALET DRIVE, LA CANADA CA 91011 |
| Agnieszka Winkler |
director |
C/O INTER-TEL, INCORPORATED, 1615 SOUTH 52ND STREET, TEMPE AZ 85281 |
| Kathleen D Young |
director |
C/O VIRCO MFG. CORPORATION, 2027 HARPERS WAY, TORRANCE CA 90501 |
| Douglas A Virtue |
director, officer: Executive Vice President |
|
| Robert A Virtue |
director, officer: President & CEO & Chairman |
|
| Donald R Rudkin |
director |
C/O VIRCO MFG. CORPORATION, 2027 HARPERS WAY, TORRANCE CA 90501 |
| Alexander L Cappello |
director |
C/O THE CHEESECAKE FACTORY INC, 26901 MALIBU HILLS ROAD, CALABASAS HILLS CA 91301 |
| Bassey Yau |
officer: Assistant Secretary / Treasure |
5502 MARICOPA ST., TORRANCE CA 90501 |
| Robert M Hupe |
officer: VP General Counsel |
C/O VIRCO MFG. CORPORATION, 2027 HARPERS WAY, TORRANCE CA 90501 |
| Jerry Scott Bell |
officer: COO |
C/O VIRCO MFG. CORPORATION, TORRANCE CA 90501 |
| Robert James Devers |
officer: Sr. VP, Information Technology |
C/O VIRCO MFG. CORPORATION, 2027 HARPERS WAY, TORRANCE CA 90501 |
| Johnson James David Ii |
officer: Sr. Vice President Marketing |
C/O VIRCO MFG. CORPORATION, 2027 HARPERS WAY, TORRANCE CA 90501 |
| Michael Anthony Digregorio |
director |
C/O IRONCLAD PERFORMANCE WEAR CORP., 2201 PARK PLACE, SUITE 101, EL SEGUNDO CA 90245 |
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