Resources Connection (Resources Connection) Interest Expense : $0.1 Mil (TTM As of Feb. 2024)

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What is Resources Connection Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Resources Connection's interest expense for the three months ended in Feb. 2024 was $ 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2024 was $0.1 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. Resources Connection's Operating Income for the three months ended in Feb. 2024 was $ 4.3 Mil. Resources Connection's Interest Expense for the three months ended in Feb. 2024 was $ 0.0 Mil. GuruFocus does not calculate Resources Connection's interest coverage with the available data. 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.

Resources Connection Interest Expense Historical Data

The historical data trend for Resources Connection'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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Resources Connection Interest Expense Chart

Resources Connection Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Interest Expense

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-2.19

-2.06

-1.60

-1.06

-0.55

Resources Connection Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Interest Expense	Get a 7-Day Free Trial															-0.15	0.11	-	-	-

Resources Connection 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.1 Mil.

Resources Connection (NAS:RGP) 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.

Resources Connection's Interest Expense for the three months ended in Feb. 2024 was $0.0 Mil. Its Operating Income for the three months ended in Feb. 2024 was $4.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2024 was $9.3 Mil.

Resources Connection's Interest Coverage for the quarter that ended in Feb. 2024 is calculated as

GuruFocus does not calculate Resources Connection's interest coverage with the available data.

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

Resources Connection (Resources Connection) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Resources Connection Inc (NAS:RGP) » Definitions » Interest Expense

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Traded in Other Exchanges

RCO:Germany

Address

17101 Armstrong Avenue, Suite 100, Irvine, CA, USA, 92614

Website

https://www.rgp.com

Resources Connection Inc provides consulting and business initiative support services primarily through its operative subsidiary, Resources Global Professionals. It has two segments RGP ( Resources Global Professionals.) and Other segments. The company offers transformation and improvement, financial reporting and analysis, strategy development, and program and project management services and support. Its clients operate in the accounting, finance, corporate governance, risk and compliance management, corporate advisory, strategic communications and restructuring, information management, human capital, supply chain management, and legal and regulatory sectors.

Executives

David P White	director	17101 ARMSTRONG AVE., STE 100, IRVINE CA 92614
Neil F Dimick	director	BUILDING 4, TRIDENT PLACE, MOSQUITO WAY, HATFIELD, HERTFORDSHIRE X0 AL10 9UL
Timothy L Brackney	officer: President and COO	17101 ARMSTRONG AVE, STE 100, IRVINE CA 92614
Kate W Duchene	director, officer: President & CEO	17101 ARMSTRONG AVE, STE 100, IRVINE CA 92614
Jennifer Y Ryu	officer: CFO	17101 ARMSTRONG AVE, STE 100, IRVINE CA 92614
Robert F Kistinger	director	17101 ARMSTRONG AVE, STE 100, IRVINE CA 92614
Jolene Sarkis	director	17101 ARMSTRONG AVE, STE 100, IRVINE CA 92614
Maltzan Marco Von	director	17101 ARMSTRONG AVE, STE 100, IRVINE CA 92614
Susan Collyns	director	6053 W CENTURY BLVD STE 1100, C/O CALIFORNIA PIZZA KITCHEN INC, LOS ANGLES CA 90045-6430
Donald B Murray	director, officer: Chief Executive Officer	17101 ARMSTRONG AVE, STE 100, IRVINE CA 92614
Anthony Cherbak	officer: Executive VP of Operations	17101 ARMSTRONG AVE, STE 100, IRVINE CA 92614
Lisa Pierozzi	director	17101 ARMSTRONG AVE, STE 100, IRVINE CA 92614
Susan J Crawford	director	17101 ARMSTRONG AVE, IRVINE CA 92614
John D Bower	officer: Vice-President of Finance	C/O RESOURCES CONNECTION, 695 TOWN CENTER DR, COSTA MESA CA 92626
Michael H Wargotz	director	AXCESS WORLDWIDE, 515 MADISON AVE., 15TH FLOOR, NEW YORK NY 10022