RIBT (RiceBran Technologies) Interest Expense: $-0.74 Mil (TTM As of Mar. 2024)


RIBT RiceBran Technologies RIBT
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What is RiceBran Technologies Interest Expense?

RiceBran Technologies RIBT -66.67% 12 Interest Expense is $-0.74 Mil as of Mar. 2024. GuruFocus rates RIBT with a GF Score™ of 12/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. RiceBran Technologies's interest expense for the three months ended in Mar. 2024 was $ -0.25 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 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. RiceBran Technologies's Operating Income for the three months ended in Mar. 2024 was $ -1.20 Mil. RiceBran Technologies's Interest Expense for the three months ended in Mar. 2024 was $ -0.25 Mil. RiceBran Technologies 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.

RiceBran Technologies  (OTCPK:RIBT) 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.

RiceBran Technologies's Interest Expense for the three months ended in Mar. 2024 was $-0.25 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-1.20 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $3.55 Mil.

RiceBran Technologies's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

RiceBran Technologies 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.

RiceBran Technologies Interest Expense Historical Data

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The historical data trend for RiceBran Technologies'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.

RiceBran Technologies Interest Expense Chart

RiceBran Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.10 -0.32 -0.46 -0.52 -0.67

RiceBran Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.17 -0.12 -0.20 -0.25
RIBT
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RiceBran Technologies RIBT
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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RiceBran Technologies 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. 2024 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-0.74 Mil mean?
RiceBran Technologies (RIBT) has a Interest Expense of $-0.74 Mil as of Mar. 2024. Interest Expense is the amount a company pays on its long-term debt. View historical data on RiceBran Technologies and its competitors.
Is RiceBran Technologies' Interest Expense too high?
RiceBran Technologies' current Interest Expense is $-0.74 Mil. Overall, RiceBran Technologies has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does RiceBran Technologies' Interest Expense compare to KHC and GIS?
RiceBran Technologies' Interest Expense of $-0.74 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Interest Expense depends on the Consumer Packaged Goods 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 RiceBran Technologies and its competitors. RiceBran Technologies's current Interest Expense is $-0.74 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RiceBran Technologies stock overvalued right now?
RiceBran Technologies (RIBT) has a current Interest Expense of $-0.74 Mil. The current Interest Expense is $-0.74 Mil. RiceBran Technologies' overall GF Score™ is 12/100. 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 RiceBran Technologies (RIBT), the current Interest Expense is $-0.74 Mil as of Mar. 2024. 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.

RiceBran Technologies Business Description

Address 25420 Kuykendahl Road, Suite B300, Tomball, TX, USA, 77375
RiceBran Technologies is a specialty ingredient company focused on developing, producing, and marketing products derived from traditional and ancient small grains. It creates and produces products utilizing proprietary processes to deliver improved nutrition, ease of use, and extended shelf-life, while addressing consumer demand for all-natural, non-GMO, and organic products. Its existing and target customers are food and animal nutrition manufacturers, wholesalers, and retailers domestically and internationally. Its products includes Rice Bran and Grain Products.
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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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