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Southern Concepts Restaurant Group (Southern Concepts Restaurant Group) Interest Expense : $-0.74 Mil (TTM As of Sep. 2016)


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What is Southern Concepts Restaurant Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Southern Concepts Restaurant Group's interest expense for the three months ended in Sep. 2016 was $ -0.19 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2016 was $-0.74 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. Southern Concepts Restaurant Group's Operating Income for the three months ended in Sep. 2016 was $ -0.70 Mil. Southern Concepts Restaurant Group's Interest Expense for the three months ended in Sep. 2016 was $ -0.19 Mil. Southern Concepts Restaurant Group 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.

Southern Concepts Restaurant Group Interest Expense Historical Data

The historical data trend for Southern Concepts Restaurant Group'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.

Southern Concepts Restaurant Group Interest Expense Chart

Southern Concepts Restaurant Group Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Interest Expense
Get a 7-Day Free Trial - -0.78 -0.52 -0.14 -0.73

Southern Concepts Restaurant Group Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 -0.18 -0.18 -0.19 -0.19 -0.19

Southern Concepts Restaurant Group 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 Sep. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.74 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.

Southern Concepts Restaurant Group  (OTCPK:RIBS) 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.

Southern Concepts Restaurant Group's Interest Expense for the three months ended in Sep. 2016 was $-0.19 Mil. Its Operating Income for the three months ended in Sep. 2016 was $-0.70 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2016 was $1.35 Mil.

Southern Concepts Restaurant Group's Interest Coverage for the quarter that ended in Sep. 2016 is calculated as

Southern Concepts Restaurant Group 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.

Southern Concepts Restaurant Group (Southern Concepts Restaurant Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Southern Concepts Restaurant Group Inc (OTCPK:RIBS) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
3001 PGA Boulevard, Suite 305, Palm Beach Gardens, FL, USA, 33410
Website
http://www.southernconcepts.com
Southern Concepts Restaurant Group Inc is a Shell company.
Executives
Kenneth A Cutshaw director C/O CRAWFORD & COMPANY, 1001 SUMMIT BLVD, ATLANTA GA 30319

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