FATBB (FAT Brands) Interest Coverage : 0 (At Loss) (As of Dec. 2024)

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What is FAT Brands Interest Coverage?

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. FAT Brands's Operating Income for the three months ended in Dec. 2024 was $-8.6 Mil. FAT Brands's Interest Expense for the three months ended in Dec. 2024 was $-34.7 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for FAT Brands's Interest Coverage or its related term are showing as below:

FATBB's Interest Coverage is not ranked ^*
in the Restaurants industry.
Industry Median: 7.04
* Ranked among companies with meaningful Interest Coverage only.

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

FAT Brands Interest Coverage Historical Data

The historical data trend for FAT Brands'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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FAT Brands Interest Coverage Chart

FAT Brands Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Coverage

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0.22

0.01

0.22

FAT Brands Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Coverage	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of FAT Brands's Interest Coverage

For the Restaurants subindustry, FAT Brands'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.

FAT Brands's Interest Coverage Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, FAT Brands's Interest Coverage distribution charts can be found below:

* The bar in red indicates where FAT Brands's Interest Coverage falls into.

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FAT Brands 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.

FAT Brands's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, FAT Brands's Interest Expense was $-138.3 Mil. Its Operating Income was $-19.7 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,409.1 Mil.

FAT Brands did not have earnings to cover the interest expense.

FAT Brands's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, FAT Brands's Interest Expense was $-34.7 Mil. Its Operating Income was $-8.6 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,409.1 Mil.

FAT Brands did not have earnings to cover the interest expense.

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

FAT Brands (NAS:FATBB) 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 .

FAT Brands Interest Coverage Related Terms

Thank you for viewing the detailed overview of FAT Brands's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.

FAT Brands Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » FAT Brands Inc (NAS:FATBB) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

FATBP.PFD:USA FAT:USA 5PN:Germany

Address

9720 Wilshire Boulevard, Suite 500, Beverly Hills, CA, USA, 90212

Website

https://www.fatbrands.com

FAT Brands Inc is a multi-brand restaurant franchising company. It develops, markets, acquires, and manages quick service, fast casual, casual dining, and polished casual dining restaurant concepts around the world. The company operates as a franchisor of restaurants, where the company generally does not own or operate the restaurant locations but rather generates revenue by charging franchisees an initial franchise fee as well as ongoing royalties. For some of the company's brands, it also directly owns and operates restaurant locations. Its brands include Round Table Pizza, Fatburger, Johnny Rockets, Twin Peaks, and Elevation Burger among others. Geographically, the majority of the revenue for the company is generated from the United States.

Executives

Lynne Leigh Collier	director	8523 FOREST HILLS BLVD, DALLAS TX 75218
Allen Sussman	officer: General Counsel	9720 WILSHIRE BLVD., SUITE 500, BEVERLY HILLS CA 90212
Robert Rosen	officer: EVP Capital Markets
Amy Valentine Forrestal	director	6330 MOUNTAIN BROOK LANE, ATLANTA GA 30328
Kenneth Jeffery Anderson	director	11150 SANTA MONICA BLVD, STE 400, LOS ANGELES CA 90025
Rachel Serruya	10 percent owner	1179 KATELLA STREET, LAGUNA BEACH CA 92651
Hot Gfg Llc	10 percent owner	210 SHIELDS COURT, MARKHAM A6 L3R 8V2
Kenneth J. Kuick	officer: Chief Financial Officer	520 ZANG ST., UNIT D, BROOMFIELD CO 80021
Taylor Andrew Wiederhorn	officer: Chief Development Officer	9720 WILSHIRE BLVD,, SUITE 500, BEVERLY HILLS CA 90212
Thayer Donald Wiederhorn	officer: Chief Marketing Officer	9720 WILSHIRE BLVD,, SUITE 500, BEVERLY HILLS CA 90212
Fog Cutter Holdings, Llc	10 percent owner	9720 WILSHIRE BLVD, SUITE 500, BEVERLY HILLS CA 90212
Rebecca D Hershinger	officer: CHIEF FINANCIAL OFFICER	C/O GENIUS BRANDS INTERNATIONAL, INC., 9401 WILSHIRE BLVD. #608, BEVERLY HILLS CA 90212
Toni Mario Bianco	officer: PRESIDENT / COO - FATBURGER	4029 BALLARD WOODS DRIVE, SMITHFILED KY 40068
Fog Cutter Capital Group Inc	10 percent owner	1310 S W 17TH ST, PORTLAND OR 97201
Silvia Kessel	director	METROMEDIA CO, ONE MEADOWLANDS PLAZA, EAST RUTHERFORD NJ 07073