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Real Good Food (LSE:RGD) Interest Expense : £-2.49 Mil (TTM As of Mar. 2023)


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What is Real Good Food Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Real Good Food's interest expense for the six months ended in Mar. 2023 was £ -1.64 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2023 was £-2.49 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. Real Good Food's Operating Income for the six months ended in Mar. 2023 was £ -3.22 Mil. Real Good Food's Interest Expense for the six months ended in Mar. 2023 was £ -1.64 Mil. Real Good Food 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.


Real Good Food Interest Expense Historical Data

The historical data trend for Real Good Food'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.

Real Good Food Interest Expense Chart

Real Good Food Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.92 -5.94 -5.16 -2.34 -2.49

Real Good Food Semi-Annual Data
Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23
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 -2.61 -1.04 -1.29 -0.85 -1.64

Real Good Food 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 Mar. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-2.49 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.


Real Good Food  (LSE:RGD) 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.

Real Good Food's Interest Expense for the six months ended in Mar. 2023 was £-1.64 Mil. Its Operating Income for the six months ended in Mar. 2023 was £-3.22 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2023 was £25.98 Mil.

Real Good Food's Interest Coverage for the quarter that ended in Mar. 2023 is calculated as

Real Good Food 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.


Real Good Food (LSE:RGD) Business Description

Traded in Other Exchanges
N/A
Address
229 Crown Street, Liverpool, GBR, L8 7RF
Real Good Food PLC is engaged in the sourcing, manufacturing, and distribution of food to the retail and industrial sectors. The group operates in one main division: Cake Decoration. The Cake Decoration segment manufactures, sells and supplies cake decorating products and ingredients for the baking sector. Geographically, it derives a majority of revenue from the United Kingdom.

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