Tofutti Brands (Tofutti Brands) Interest Expense : $-0.00 Mil (TTM As of Dec. 2023)

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What is Tofutti Brands Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tofutti Brands's interest expense for the three months ended in Dec. 2023 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.00 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. Tofutti Brands's Operating Income for the three months ended in Dec. 2023 was $ -0.08 Mil. Tofutti Brands's Interest Expense for the three months ended in Dec. 2023 was $ 0.00 Mil. Tofutti Brands 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.

Tofutti Brands Interest Expense Historical Data

The historical data trend for Tofutti Brands'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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Tofutti Brands Interest Expense Chart

Tofutti Brands Annual Data

Trend

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Dec23

Interest Expense

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-0.03

Tofutti Brands Quarterly Data
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Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-

Tofutti Brands 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.00 Mil.

Tofutti Brands (OTCPK:TOFB) 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.

Tofutti Brands's Interest Expense for the three months ended in Dec. 2023 was $0.00 Mil. Its Operating Income for the three months ended in Dec. 2023 was $-0.08 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $0.03 Mil.

Tofutti Brands's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

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

Tofutti Brands (Tofutti Brands) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tofutti Brands Inc (OTCPK:TOFB) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

50 Jackson Drive, Cranford, NJ, USA, 07016

Website

https://www.tofutti.com

Tofutti Brands Inc is engaged in the development, production, and marketing of TOFUTTI brand non-dairy frozen desserts and other food products. It offers soy-based products, plant-based, dairy vegan, frozen desserts, soy-based cheeses and spreads, and other frozen food products. The company sells its dairy-free frozen dessert products, frozen entrees, and soy-cheese products in majorly markets in the United States, including Atlanta, Baltimore, Boston, Charlotte, Chicago, Cincinnati, and Cleveland. It distributes all of its products by common carrier or by allowing customers to pick up products from outside storage facilities.

Executives

Efraim Mintz	director	TOFUTTI BRANDS INC., 50 JACKSON DRIVE, CRANFORD NJ 07106
Joseph N Himy	director	13-01 POLLITT DRIVE, FAIR LAWN NJ 07410
Scott Korman	director	C/O NASHONE, INC., 175 ELM ROAD, ENGLEWOOD NJ 07361
Neal S Axelrod	director	C/O TOFUTTI BRANDS INC., 50 JACKSON DRIVE, CRANFORD NJ 07016
Steven Kass	officer: Chief Financial Officer	50 JACKSON DRIVE, CRANFORD NJ 07016
Philip Gotthelf	director	C/O TOFUTTI BRANDS INC., 50 JACKSON DRIVE, CRANFORD NJ 07016
Aron Forem	director	C/O WUHL SHAFMAN LIEBERMAN CO., 52-62 CORNELIA STREET, NEWARK NJ 07105
Joseph K Fischer	director	50 JACKSON DRIVE, CRANFORD NJ 7016
Franklyn H Snitow	director	575 LEXINGTON AVE, NEW YORK NY 10017
Jeremy Wiesen	director
Reuben Rapoport	director, officer: Director-Product Development
David Mintz	director, 10 percent owner, officer: President & Chairman	50 JACKSON DRIVE, CRANFORD NJ 07016