Village Super Market (Village Super Market) Interest Expense : $-4 Mil (TTM As of Jan. 2024)

View and export this data going back to 1990. Start your Free Trial

What is Village Super Market Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Village Super Market's interest expense for the three months ended in Jan. 2024 was $ -1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2024 was $-4 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. Village Super Market's Operating Income for the three months ended in Jan. 2024 was $ 18 Mil. Village Super Market's Interest Expense for the three months ended in Jan. 2024 was $ -1 Mil. Village Super Market's Interest Coverage for the quarter that ended in Jan. 2024 was 17.63. 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.

Village Super Market Interest Expense Historical Data

The historical data trend for Village Super Market'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.

Village Super Market Interest Expense Chart

Village Super Market Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Interest Expense

Get a 7-Day Free Trial

-4.44

-2.61

-3.94

-3.91

-4.22

Village Super Market Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Interest Expense	Get a 7-Day Free Trial															-0.97	-1.09	-1.08	-1.06	-1.05

Village Super Market 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 $-4 Mil.

Village Super Market (NAS:VLGEA) 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.

Village Super Market's Interest Expense for the three months ended in Jan. 2024 was $-1 Mil. Its Operating Income for the three months ended in Jan. 2024 was $18 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2024 was $345 Mil.

Village Super Market's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jan. 2024 )	/	Interest Expense (Q: Jan. 2024 )
	=	-1	*	18.442	/	-1.046
	=	17.63

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

Village Super Market (Village Super Market) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Village Super Market Inc (NAS:VLGEA) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

VSU:Germany

Address

733 Mountain Avenue, Springfield, NJ, USA, 07081

Website

https://www.myvillagesupermarket.com

Village Super Market Inc operates a chain of ShopRite supermarkets, a few of which are in northern New Jersey, southern New Jersey, Maryland, and in northeastern Pennsylvania. The company is a member of Wakefern Food Corporation (Wakefern), a retailer-owned food cooperative and owner of the ShopRite name. It consists of one operating segment, the retail sale of food and nonfood products.

Executives

William Sumas	director, 10 percent owner, officer: EVP	733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
John Sumas	director, 10 percent owner, officer: EVP	733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
Perry J. Blatt	director	C/O VILLAGE SUPER MARKET, INC., 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
Prasad Pola	director	C/O VILLAGE SUPER MARKET, INC., 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
Van Orden John L	officer: CFO	733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
Kevin Begley	officer: CFO	733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
Peter Lavoy	director	733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
David Judge	director	733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
Luigi Perri	officer: Controller	733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
Estate Of Perry Sumas	10 percent owner	C/O PATRICIA ANAGNOSTIS, 148 KENT PLACE BLVD., SUMMIT NJ 07901
Steven Crystal	director	733 MOUNTAIN AVENUE, - - - - - - - - - -, SPRINGFIELD NJ 07081
Stephen Rooney	director	212 DOLSON AVENUE, MIDDLETOWN NY 10940
Robert Sumas	director, 10 percent owner, officer: EVP, Secretary	733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
John James Sumas	officer: VP & General Counsel	733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
Nicholas James Sumas	officer: VP	733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081