Red Robin Gourmet Burgers (Red Robin Gourmet Burgers) Interest Coverage

: 0 (At Loss) (As of Dec. 2023)

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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. Red Robin Gourmet Burgers's Operating Income for the three months ended in Dec. 2023 was $-4 Mil. Red Robin Gourmet Burgers's Interest Expense for the three months ended in Dec. 2023 was $-7 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Red Robin Gourmet Burgers Incs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

The historical rank and industry rank for Red Robin Gourmet Burgers's Interest Coverage or its related term are showing as below:

RRGB' s Interest Coverage Range Over the Past 10 Years
Min: 0.09 Med: 4.7 Max: 20.29
Current: 0.15

RRGB's Interest Coverage is ranked worse than
99.22% of 256 companies
in the Restaurants industry
Industry Median: 6.835 vs RRGB: 0.15

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

Red Robin Gourmet Burgers Interest Coverage Historical Data

The historical data trend for Red Robin Gourmet Burgers'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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Red Robin Gourmet Burgers Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

0.45

0.09

Red Robin Gourmet Burgers Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Apr23	Sep23	Dec23
Interest Coverage																-	-	1.98	-	-

Competitive Comparison

For the Restaurants subindustry, Red Robin Gourmet Burgers'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.

Red Robin Gourmet Burgers Interest Coverage Distribution

For the Restaurants industry and Consumer Cyclical sector, Red Robin Gourmet Burgers's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Red Robin Gourmet Burgers's Interest Coverage falls into.

Red Robin Gourmet Burgers 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.

Red Robin Gourmet Burgers'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, Red Robin Gourmet Burgers's Interest Expense was $-27 Mil. Its Operating Income was $2 Mil. And its Long-Term Debt & Capital Lease Obligation was $566 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2023 )	/	Interest Expense (A: Dec. 2023 )
	=	-1	*	2.466	/	-26.56
	=	0.09

Red Robin Gourmet Burgers's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Red Robin Gourmet Burgers's Interest Expense was $-7 Mil. Its Operating Income was $-4 Mil. And its Long-Term Debt & Capital Lease Obligation was $566 Mil.

Red Robin Gourmet Burgers did not have earnings to cover the interest expense.

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

Red Robin Gourmet Burgers (NAS:RRGB) 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 .

Red Robin Gourmet Burgers Interest Coverage Related Terms

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Red Robin Gourmet Burgers (Red Robin Gourmet Burgers) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Red Robin Gourmet Burgers Inc (NAS:RRGB) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

RRN:Germany

Address

10000 E. Geddes Avenue, Suite 500, Englewood, CO, USA, 80112

Website

https://www.redrobin.com

Red Robin Gourmet Burgers Inc is a restaurant operator. The company develops, operates, and franchises casual-dining restaurants and fast-casual restaurants in North America. Its brands are Red Robin, Red Robin Gourmet Burgers, Red Robin America's Gourmet Burgers and Spirits, Red Robin Burger Works, YUMMM, Red Robin Gourmet Burgers and Brews, and Red Robin Royalty names and logos. The company's revenue consists of sales from restaurant operations, gift card breakage, franchise royalties and fees, and other miscellaneous revenue.

Executives

Archon Capital Management Llc	10 percent owner	1100 19TH AVENUE EAST, SEATTLE WA 98112
Jyoti A. Lynch	officer: CHIEF TECHNOLOGY OFFICER	5830 GRANITE PARKWAY, 3RD FLOOR, PLANO TX 75024
Gerard Johan Hart	director	6040 DUTCHMANS LANE, SUITE 200, LOUISVILLE KY 40205
Christofilis, Constantinos	10 percent owner	2010 EAST GALER STREET, SEATTLE WA 98112
Nicole Miller Regan	director	10000 E GEDDES AVE, STE 500, ENGLEWOOD CO 80112
Allison A. Page	director	6312 S FIDDLERS GREEN CIRCLE, SUITE 200N, GREENWOOD VILLAGE CO 80111
Kevin E. Mayer	officer: Chief Marketing Officer	7755 CENTER AVE., SUITE 300, HUNTINGTON BEACH CA 92647
Geoffrey Wayne Davis	officer: Chief Human Resource Officer	6312 S FIDDLERS GREEN CIRCLE, 200N, GREENWOOD VILLAGE CO 80111
Sarah A. Mussetter	officer: CHIEF LEGAL OFFICER	HOLME ROBERTS & OWEN LLP, 1700 LINCOLN STREET, SUITE 4100, DENVER CO 80203
David Pace	director
Thomas G. Conforti	director	WYNDHAM WORLDWIDE CORPORATION, 22 SYLVAN WAY, PARSIPPANY NJ 07054
Joshua Todd Wilson	officer: CHIEF FINANCIAL OFFICER	10000 E GEDDES AVE, STE 500, ENGLEWOOD CO 80112
Steve Lumpkin	director	10580 W. 192ND PLACE, SPRING HILLS KS 60083
Cheri Kinder	officer: Chief Accounting Officer	14800 LANDMARK BOULEVARD, SUITE 500, ADDISON TX 75254
Murphy Paul J B Iii	director, officer: President and CEO