Barfresh Food Group (Barfresh Food Group) Interest Coverage : No Debt ⁽¹⁾ (As of Dec. 2023)

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What is Barfresh Food Group Interest Coverage?

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 by its Interest Expense. Barfresh Food Group's Operating Income for the three months ended in Dec. 2023 was $-0.70 Mil. Barfresh Food Group's Interest Expense for the three months ended in Dec. 2023 was $0.00 Mil. Barfresh Food Group has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Barfresh Food Group Inc has no debt.

(1) Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

The historical rank and industry rank for Barfresh Food Group's Interest Coverage or its related term are showing as below:

BRFH' s Interest Coverage Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: No Debt
Current: No Debt

BRFH's Interest Coverage is ranked better than
98.72% of 78 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 18.745 vs BRFH: No Debt

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Barfresh Food Group Interest Coverage Historical Data

The historical data trend for Barfresh Food Group's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Barfresh Food Group Interest Coverage Chart

Barfresh Food Group Annual Data

Trend

Mar14

Mar15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

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No Debt

Barfresh Food Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Coverage	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Barfresh Food Group's Interest Coverage

For the Beverages - Non-Alcoholic subindustry, Barfresh Food Group's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Barfresh Food Group's Interest Coverage Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Barfresh Food Group's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Barfresh Food Group's Interest Coverage falls into.

Barfresh Food Group Interest Coverage Calculation

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:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage

-1

Operating Income

Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt ⁽¹⁾.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Barfresh Food Group's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Barfresh Food Group's Interest Expense was $0.00 Mil. Its Operating Income was $-2.82 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Barfresh Food Group had no debt ⁽¹⁾.

Barfresh Food Group's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Barfresh Food Group's Interest Expense was $0.00 Mil. Its Operating Income was $-0.70 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Barfresh Food Group had no debt ⁽¹⁾.

The higher the ratio, the stronger the company's Financial Strength is.

Barfresh Food Group (NAS:BRFH) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .

Barfresh Food Group Interest Coverage Related Terms

Thank you for viewing the detailed overview of Barfresh Food Group's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.

Barfresh Food Group (Barfresh Food Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Barfresh Food Group Inc (NAS:BRFH) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

3600 Wilshire Boulevard, Suite 1720, Los Angeles, CA, USA, 90010

Website

https://www.barfresh.com

Barfresh Food Group Inc develops, manufactures and distributes ready to blend frozen beverages, including smoothies, shakes and frappes for restaurant chains and the foodservice industry. The company's proprietary, patented system uses portion-controlled pre-packaged beverage ingredients that deliver freshly made frozen beverages that are quick, cost efficient, and without waste. Barfresh provides both a single serve solution and a bulk format solution, ideal for high-volume locations. It has seven flavors available as part of its standard line vanilla shake, caribbean smoothie, triple berry smoothie, caramel macchiato frappe, strawberry banana smoothie, mocha frappe and mango burst smoothie and has the development capabilities to deliver custom flavors.

Executives

Lisa Roger	officer: CHIEF FINANCIAL OFFICER	3600 WILSHIRE BOULEVARD SUITE 1720, LOS ANGELES CA 90010
Lazarus Investment Partners Lllp	10 percent owner	C/O IBEX INVESTORS LLC, 260 NORTH JOSEPHINE STREET, SUITE 300, DENVER CO 80206
Lazarus Macro Micro Partners Lllp	10 percent owner	260 N. JOSEPHINE STREET, SUITE 300, DENVER CO 80206
Joseph M. Cugine	director	16859 CAMINETTO COURT, NAPLES, NAPLES FL 34110
Delle Coste Riccardo	director, 10 percent owner, officer: Chief Executive Officer	C/O BARFRESH FOOD GROUP, INC., 8530 WILSHIRE BOULEVARD, SUITE 450, BEVERLY HILLS CA 90211
Raffi Loussararian	officer: PRINCIPAL ACCOUNTING OFFICER	3600 WILSHIRE BLVD, SUITE 1720, LOS ANGELES CA 90010
Lazarus Management Co Llc	10 percent owner	260 N. JOSEPHINE STREET, SUITE 300, DENVER CO 80206
Alice Elliot	director	C/O BARFRESH FOOD GROUP, INC., 8530 WILSHIRE BOULEVARD, SUITE 450, BEVERLY HILLS CA 90211
Isabelle Ortiz-cochet	director	2 ALLEE DE LONGCHAMP, SURESNES I0 92150
Nibel	10 percent owner	2 ALLEE DE LONGCHAMP, SURESNES I0 92150
Bruno Schoch	director	2 ALLEE DE LONGCHAMP, SURESNES I0 92150
Steven Lang	director, 10 percent owner	C/O BARFRESH FOOD GROUP, INC., 8530 WILSHIRE BOULEVARD, SUITE 450, BEVERLY HILLS CA 90211
Alexander H Ware	director	4000 DAIN RAUSCHER PLAZA, 60 SOUTH SIXTH STREET, MINNEAPOLIS MN 55402
Joseph S. Tesoriero	officer: Chief Financial Officer	C/O BARFRESH FOOD GROUP, INC., 8530 WILSHIRE BOULEVARD, SUITE 450, BEVERLY HILLS CA 90211
Arnold Tinter	director, officer: CFO, Secretary	8530 WILSHIRE BLVD, SUITE 450, BEVERLY HILLS CA 90211