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Culp (CULP) Interest Expense : $-0.1 Mil (TTM As of Jan. 2025)


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What is Culp Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Culp's interest expense for the three months ended in Jan. 2025 was $ -0.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2025 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. Culp's Operating Income for the three months ended in Jan. 2025 was $ -2.2 Mil. Culp's Interest Expense for the three months ended in Jan. 2025 was $ -0.1 Mil. Culp 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.


Culp Interest Expense Historical Data

The historical data trend for Culp'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.

* Premium members only.

Culp Interest Expense Chart

Culp Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.11 -0.05 -0.02 - -0.01

Culp Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - -0.01 -0.03 -0.03 -0.06

Culp 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 Jan. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.1 Mil.

* 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.


Culp  (NYSE:CULP) Interest Expense Explanation

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. The higher, the better.

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

Culp's Interest Expense for the three months ended in Jan. 2025 was $-0.1 Mil. Its Operating Income for the three months ended in Jan. 2025 was $-2.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2025 was $3.1 Mil.

Culp's Interest Coverage for the quarter that ended in Jan. 2025 is calculated as

Culp did not have earnings to cover the interest expense.

* 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.

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


Culp Business Description

Traded in Other Exchanges
N/A
Address
1823 Eastchester Drive, High Point, NC, USA, 27265
Culp Inc manufactures, sources, and markets mattress fabrics and sewn covers used for covering mattresses and box springs and upholstery fabrics including cut and sewn kits used in the production of upholstered furniture. The company has two operating segments Mattress fabrics which generates maximum revenue, and Upholstery fabrics. The mattress fabrics segment, also known as Culp Home Fashions, manufactures and markets mattress fabrics and mattress covers to bedding manufacturers. The upholstery fabrics segment markets fabrics for residential, commercial, and hospitality furniture and also provides window treatment products and installation services for its customers in the hospitality and commercial industries. Geographically, it derives key revenue from the United States of America.
Executives
Jonathan Lee Kelly director 1823 EASTCHESTER DRIVE, HIGH POINT NC 27265
Culp Robert George Iv officer: President, CHF division 101 SOUTH MAIN STREET, HIGH POINT NC 27260
Kimberly Bullock Gatling director 1823 EASTCHESTER DRIVE, HIGH POINT NC 27265
John Allen Baugh director 1823 EASTCHESTER DRIVE, HIGH POINT NC 27265
Sharon A Decker director 4100 COCA COLA PLAZA, CHARLOTTE NC 28211
Fred A Jackson director C/O FUDDICK CORP, 301 S TRYON ST STE 1800, CHARLOTTE NC 28202
Thomas Bruno officer: President, Culp Home Fashions 1823 EASTCHESTER DRIVE, HIGH POINT NC 27265
Gallagher Thomas Bernard Jr officer: Chief Accounting Officer 1823 EASTCHESTER DRIVE, HIGH POINT NC 27265
Perry E Davis director NO. 1 LEGGETT ROAD, CARTHAGE MO 64836
Teresa Atkins Huffman officer: Senior VP, Human Resources 1823 EASTCHESTER DRIVE, HIGH POINT NC 27265
Franklin N Saxon director, officer: President and COO 8508 MAHALA DR, HIGH POINT NC 27265
Kenneth W Mcallister director 220 CASCADE DR, HIGH POINT NC 27265
Ashley Carter Durbin officer: VP, General Counsel, Secretary 1823 EASTCHESTER DRIVE, HIGH POINT NC 27265
Cassandra J Brown officer: President, Culp Home Fashions 7209 HWY 158, STOKESDALE NC 27357
Culp Robert G Iii director, 10 percent owner, officer: Chairman and CEO 903 FORREST HILL DR, HIGH POINT NC 27262