Binah Capital Group (Binah Capital Group) Interest Expense : $-5.01 Mil (TTM As of Mar. 2024)

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What is Binah Capital Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Binah Capital Group's interest expense for the six months ended in Mar. 2024 was $ -1.06 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-5.01 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. Binah Capital Group's Operating Income for the six months ended in Mar. 2024 was $ -2.33 Mil. Binah Capital Group's Interest Expense for the six months ended in Mar. 2024 was $ -1.06 Mil. Binah Capital Group 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.

Binah Capital Group Interest Expense Historical Data

The historical data trend for Binah Capital Group'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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Binah Capital Group Interest Expense Chart

Binah Capital Group Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Interest Expense

-2.61

-2.87

-3.32

-5.12

Binah Capital Group Semi-Annual Data
	Dec20	Sep21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial						-1.17	-1.47	-1.25	-1.22	-1.06

Binah Capital Group Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-5.01 Mil.

Binah Capital Group (NAS:BCGWW) 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.

Binah Capital Group's Interest Expense for the six months ended in Mar. 2024 was $-1.06 Mil. Its Operating Income for the six months ended in Mar. 2024 was $-2.33 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was $29.84 Mil.

Binah Capital Group's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Binah Capital Group did not have earnings to cover the interest expense.

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

Binah Capital Group (Binah Capital Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Binah Capital Group Inc (NAS:BCGWW) » Definitions » Interest Expense

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Traded in Other Exchanges

BCG:USA

Address

One Cowboys Way, Suite 490, Frisco, TX, USA, 75034

Website

https://www.wentworthms.com

Wentworth Management Services LLC is a holding company that acquires and manages businesses in the wealth management industry. The company specializes in consolidating independent broker-dealers to capture economies of scale needed to service financial advisors in today's technology-enabled regulatory environment. Wentworth's core philosophy focuses on building long-term, productive relationships with its advisor base.

Binah Capital Group (Binah Capital Group) Headlines

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