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Tattooed Chef (Tattooed Chef) Interest Coverage : 0 (At Loss) (As of Mar. 2023)


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What is Tattooed Chef Interest Coverage?

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 by its Interest Expense. Tattooed Chef's Operating Income for the three months ended in Mar. 2023 was $-18.9 Mil. Tattooed Chef's Interest Expense for the three months ended in Mar. 2023 was $-0.5 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Tattooed Chef's Interest Coverage or its related term are showing as below:


TTCFQ's Interest Coverage is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 8.635
* Ranked among companies with meaningful Interest Coverage only.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Tattooed Chef Interest Coverage Historical Data

The historical data trend for Tattooed Chef's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

Tattooed Chef Interest Coverage Chart

Tattooed Chef Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Interest Coverage
13.39 - - -

Tattooed Chef Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Interest Coverage 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 - - - - -

Competitive Comparison of Tattooed Chef's Interest Coverage

For the Packaged Foods subindustry, Tattooed Chef's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tattooed Chef's Interest Coverage Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tattooed Chef's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Tattooed Chef's Interest Coverage falls into.



Tattooed Chef Interest Coverage Calculation

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:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Tattooed Chef's Interest Coverage for the fiscal year that ended in Dec. 2022 is calculated as

Here, for the fiscal year that ended in Dec. 2022, Tattooed Chef's Interest Expense was $-0.7 Mil. Its Operating Income was $-111.7 Mil. And its Long-Term Debt & Capital Lease Obligation was $26.8 Mil.

Tattooed Chef did not have earnings to cover the interest expense.

Tattooed Chef's Interest Coverage for the quarter that ended in Mar. 2023 is calculated as

Here, for the three months ended in Mar. 2023, Tattooed Chef's Interest Expense was $-0.5 Mil. Its Operating Income was $-18.9 Mil. And its Long-Term Debt & Capital Lease Obligation was $26.1 Mil.

Tattooed Chef 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.


Tattooed Chef  (OTCPK:TTCFQ) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Tattooed Chef Interest Coverage Related Terms

Thank you for viewing the detailed overview of Tattooed Chef's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Tattooed Chef (Tattooed Chef) Business Description

Traded in Other Exchanges
N/A
Address
6305 Alondra Boulevard, Paramount, CA, USA, 90723
Tattooed Chef Inc is a plant-based food company offering a broad portfolio of innovative frozen foods. The company supplies plant-based products to leading retailers in the United States, with signature products such as ready-to-cook bowls, zucchini spirals, riced cauliflower, acai and smoothie bowls, cauliflower crust pizza, wood fire-crusted pizza, handheld burritos, bars, and quesadillas.
Executives
Gasper Guarrasi officer: Chief Operating Officer 235 POINSETTIA AVE., CORONA DEL MAR CA 92625
Daniel James Williamson director 1 RICKIE LANE, LADERA RANCH CA 92694
Salvatore Galletti director, officer: Chief Executive Officer 27996 PALOS VERDES DR E, RANCHO PALOS VERDES CA 90275
Stephanie Dieckmann officer: Chief Operating Officer 1002 S AMBRIDGE ST, ANAHEIM CA 92806
Charles Franks Cargile officer: Chief Financial Officer 29 HILLGRASS, IRVINE CA 92603
Thomas Matthew Williams officer: Chief Growth Officer 527 21ST STREET, HUNTINGTON BEACH CA 92648
Bryan Stephen Rosenberg director 2443 MYRTLE AVENUE, HERMOSA BEACH CA 90254
Ryan Matthew Olohan director 27 SYLVAN DRIVE, PINE BROOK NJ 07058
Paula Ciaramitaro director 2408 RUE LA CHARLENE, RANCHO PALOS VERDES CA 90275
Marie Quintero-johnson director 3130 FERNCLIFF COMMONS, NE ATLANTA GA 30324
Jennifer Sims Fellner director 3790 HAPPY VALLEY ROAD, LAFAYETTE CA 94549
Edward S Gelfand director 6305 ALONDRA BLVD, PARAMOUNT CA 90723
Giuseppe Bardari officer: President, Ittella Italy VIA PRANGI LOTTO COLACE, PIZZO L6 89812
Sarah Galletti officer: Director of R&D 27996 PALOS VERDES DR E, RANCHO PALOS VERDES CA 90275
Steven Berns director TRADEWEB MARKETS INC., 1177 AVENUE OF THE AMERICAS, NEW YORK NY 10036

Tattooed Chef (Tattooed Chef) Headlines

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