Express, (Express,) Interest Expense : $-30 Mil (TTM As of Oct. 2023)

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What is Express, Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Express,'s interest expense for the three months ended in Oct. 2023 was $ -6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Oct. 2023 was $-30 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. Express,'s Operating Income for the three months ended in Oct. 2023 was $ -29 Mil. Express,'s Interest Expense for the three months ended in Oct. 2023 was $ -6 Mil. Express, 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.

Express, Interest Expense Historical Data

The historical data trend for Express,'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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Express, Interest Expense Chart

Express, Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Interest Expense

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-0.03

-3.40

-15.20

-29.10

Express, Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Interest Expense	Get a 7-Day Free Trial															-4.67	-17.14	-2.94	-3.87	-6.17

Express, 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 Oct. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-30 Mil.

Express, (OTCPK:EXPRQ) 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.

Express,'s Interest Expense for the three months ended in Oct. 2023 was $-6 Mil. Its Operating Income for the three months ended in Oct. 2023 was $-29 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Oct. 2023 was $688 Mil.

Express,'s Interest Coverage for the quarter that ended in Oct. 2023 is calculated as

Express, did not have earnings to cover the interest expense.

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

Express, (Express,) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Express, Inc. (OTCPK:EXPRQ) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Express Drive, Columbus, OH, USA, 43230

Website

https://www.express.com

Express, Inc. is a United States-based specialty apparel retailer. It offers apparel and accessories for work, casual, jeanswear, and going-out. The company also sells the products through its e-commerce website and mobile app, as well as through franchisees who operate company locations in Latin America according to the franchise agreements. It derives revenue from the sales of apparel, accessories and other products, of which a majority of the revenue from the sale of apparel.

Executives

Stewart Glendinning	director, officer: Chief Executive Officer	1 EXPRESS DRIVE, COLUMBUS OH 43230
Yehuda Shmidman	director	C/O ICONIX BRAND GROUP, INC., 1450 BROADWAY, 4TH FLOOR, NEW YORK NY 10018
Satish Mehta	director	C/O CHEWY, INC., 7700 WEST SUNRISE BLVD, PLANTATION FL 33322
Jason N Judd	officer: SVP, CFO and Treasurer	50 N THIRD ST, NEWARK OH 43055
Patricia E Lopez	director	333 LUDLOW ST, STAMFORD CT 06902
Antonio Lucio	director	C/O EXPRESS INC., 1 EXPRESS DRIVE, COLUMBUS OH 43230
Laurel Krueger	officer: Chief Legal Officer & Corp Sec	ONE EXPRESS DRIVE, COLUMBUS OH 43230
Periclis Pericleous	officer: SVP, CFO and Treasurer	1 EXPRESS DR., COLUMBUS OH 43230
Matthew C Moellering	officer: EVP, CAO,CFO, Treasurer & Sec.	C/O EXPRESS PARENT LLC, ONE LIMITED PARKWAY, COLUMBUS OH 43230
Malissa Akay	officer: EVP, Chief Merch. Officer	1 EXPRESS DR., COLUMBUS OH 43230
Sara Tervo	officer: EVP, Chief Marketing Officer	1 EXPRESS DR., COLUMBUS OH 43230
Timothy G Baxter	director, officer: Chief Executive Officer	C/O EXPRESS, INC., 1 EXPRESS DR., COLUMBUS OH 43230
Contrarius Investment Management Ltd	10 percent owner	2 BOND STREET, ST. HELIER Y9 JE2 3NP
Contrarius Investment Management (bermuda) Ltd	10 percent owner	VICTORIA PLACE, 5TH FLOOR, 31 VICTORIA STREET, HAMILTON D0 HM 10
James A Hilt	officer: EVP, CMO, and ECommerce	1 EXPRESS DRIVE, COLUMBUS OH 43230