THBD (Third Bench) Interest Expense: $-0.28 Mil (TTM As of May. 2024)


What is Third Bench Interest Expense?

Third Bench THBD Interest Expense is $-0.28 Mil as of May. 2024.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Third Bench's interest expense for the three months ended in May. 2024 was $ -0.28 Mil. Its interest expense for the trailing twelve months (TTM) ended in May. 2024 was $-0.28 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. Third Bench's Operating Income for the three months ended in May. 2024 was $ -0.96 Mil. Third Bench's Interest Expense for the three months ended in May. 2024 was $ -0.28 Mil. Third Bench 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.

Third Bench  (OTCPK:THBD) 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.

Third Bench's Interest Expense for the three months ended in May. 2024 was $-0.28 Mil. Its Operating Income for the three months ended in May. 2024 was $-0.96 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in May. 2024 was $8.28 Mil.

Third Bench's Interest Coverage for the quarter that ended in May. 2024 is calculated as

Third Bench 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.

Third Bench Interest Expense Historical Data

* Premium members only.

The historical data trend for Third Bench'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.

Third Bench Interest Expense Chart

Third Bench Annual Data
Trend Aug07 Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15
Interest Expense
Get a 7-Day Free Trial Premium Member Only 0.00 -0.00 -0.33 -0.28 -0.34

Third Bench Quarterly Data
Feb10 May10 Aug10 Nov10 Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Aug14 Aug15 May22 May23 May24
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 0.00 0.00 -0.22 -0.05 -0.28

Third Bench 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 May. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.28 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 $-0.28 Mil mean?
Third Bench (THBD) has a Interest Expense of $-0.28 Mil as of May. 2024. Interest Expense is the amount a company pays on its long-term debt. View historical data on Third Bench and its competitors.
Is Third Bench's Interest Expense too high?
Third Bench's current Interest Expense is $-0.28 Mil.
How does Third Bench's Interest Expense compare to SGI and SN?
Third Bench's Interest Expense of $-0.28 Mil can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good Interest Expense depends on the Furnishings, Fixtures & Appliances 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 Third Bench and its competitors. Third Bench's current Interest Expense is $-0.28 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Third Bench stock overvalued right now?
Third Bench (THBD) has a current Interest Expense of $-0.28 Mil. The current Interest Expense is $-0.28 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 Third Bench (THBD), the current Interest Expense is $-0.28 Mil as of May. 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.

Third Bench Business Description

Address 710 North Post Oak, Suite 206, Houston, TX, USA, 77024
Third Bench Inc is a holding company. The company, along with its subsidiaries, offers products in categories: Residential Cabinets and countertops and commercial millwork throughout the Western U.S. for customers from California to Texas. It also provides installation services as a part of its vertical offering. Additionally, the company provides its products and services through its architectural millwork and retail facilities, located in Albuquerque and Las Cruces, New Mexico and Tucson, Arizona.