GCFB (Granite City Food & Brewery) Interest Expense: $-3.8 Mil (TTM As of Jun. 2017)


What is Granite City Food & Brewery Interest Expense?

Granite City Food & Brewery GCFB Interest Expense is $-3.8 Mil as of Jun. 2017.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Granite City Food & Brewery's interest expense for the three months ended in Jun. 2017 was $ -1.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2017 was $-3.8 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. Granite City Food & Brewery's Operating Income for the three months ended in Jun. 2017 was $ 0.6 Mil. Granite City Food & Brewery's Interest Expense for the three months ended in Jun. 2017 was $ -1.3 Mil. Granite City Food & Brewery's Interest Coverage for the quarter that ended in Jun. 2017 was 0.49. 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.

Granite City Food & Brewery  (OTCPK:GCFB) 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.

Granite City Food & Brewery's Interest Expense for the three months ended in Jun. 2017 was $-1.3 Mil. Its Operating Income for the three months ended in Jun. 2017 was $0.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2017 was $20.7 Mil.

Granite City Food & Brewery's Interest Coverage for the quarter that ended in Jun. 2017 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2017 )/Interest Expense (Q: Jun. 2017 )
=-1*0.639/-1.314
=0.49

* 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.

Granite City Food & Brewery Interest Expense Historical Data

* Premium members only.

The historical data trend for Granite City Food & Brewery'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.

Granite City Food & Brewery Interest Expense Chart

Granite City Food & Brewery Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.91 -4.90 -4.10 -4.22 -3.78

Granite City Food & Brewery Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 -1.02 -0.87 -0.68 -0.97 -1.31

Granite City Food & Brewery 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 Jun. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.8 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-3.8 Mil mean?
Granite City Food & Brewery (GCFB) has a Interest Expense of $-3.8 Mil as of Jun. 2017. Interest Expense is the amount a company pays on its long-term debt. View historical data on Granite City Food & Brewery and its competitors.
Is Granite City Food & Brewery's Interest Expense too high?
Granite City Food & Brewery's current Interest Expense is $-3.8 Mil.
How does Granite City Food & Brewery's Interest Expense compare to BDVB and DBUB?
Granite City Food & Brewery's Interest Expense of $-3.8 Mil can be compared against companies in the Restaurants industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Restaurants company?
A good Interest Expense depends on the Restaurants industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Granite City Food & Brewery and its competitors. Granite City Food & Brewery's current Interest Expense is $-3.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Granite City Food & Brewery stock overvalued right now?
Granite City Food & Brewery (GCFB) has a current Interest Expense of $-3.8 Mil. The current Interest Expense is $-3.8 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Granite City Food & Brewery (GCFB), the current Interest Expense is $-3.8 Mil as of Jun. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Granite City Food & Brewery Business Description

Address 12701 Whitewater Drive, Suite 290, Minnetonka, MN, USA, 55343
Granite City Food & Brewery Ltd owns and operates a restaurant with an on-site brewery. The company operates two casual dining concepts which include Granite city food and brewery and Cadillac ranch all American bar and grill. The Granite city restaurant theme is upscale casual dining with a wide variety of menu items, which includes handcrafted beers finished on-site. Cadillac Ranch restaurants feature authentic, cuisine in a fun, dynamic environment. Its menu is diverse with offerings ranging from homemade meatloaf to pasta dishes. It has approximately 36 restaurants in over 10 states. In addition, it also operates a centralized beer production facility in Ellsworth, Iowa which facilitates the initial stages of its brewing process.