Luvu Brands (Luvu Brands) Interest Expense : $-0.42 Mil (TTM As of Mar. 2024)

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What is Luvu Brands Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Luvu Brands's interest expense for the three months ended in Mar. 2024 was $ -0.14 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.42 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. Luvu Brands's Operating Income for the three months ended in Mar. 2024 was $ 0.04 Mil. Luvu Brands's Interest Expense for the three months ended in Mar. 2024 was $ -0.14 Mil. Luvu Brands's Interest Coverage for the quarter that ended in Mar. 2024 was 0.30. 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.

Luvu Brands Interest Expense Historical Data

The historical data trend for Luvu Brands'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.

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Luvu Brands Interest Expense Chart

Luvu Brands Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Expense

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-0.57

-0.59

-0.38

-0.34

-0.36

Luvu Brands 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															-0.09	-0.09	-0.09	-0.09	-0.14

Luvu Brands 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 $-0.42 Mil.

Luvu Brands (OTCPK:LUVU) Interest Expense Explanation

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

Luvu Brands's Interest Expense for the three months ended in Mar. 2024 was $-0.14 Mil. Its Operating Income for the three months ended in Mar. 2024 was $0.04 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $2.35 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	0.041	/	-0.135
	=	0.30

The higher the ratio, the stronger the company's financial strength is.

Luvu Brands (Luvu Brands) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Luvu Brands Inc (OTCPK:LUVU) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

2745 Bankers Industrial Drive, Atlanta, GA, USA, 30360

Website

https://www.luvubrands.com

Luvu Brands Inc designs, manufactures, and markets a portfolio of consumer lifestyle brands including Liberator, a brand category of iconic products for enhancing sensuality and intimacy; Avana, inclined bed therapy products, assistive in relieving medical conditions associated with acid reflux, surgery recovery, and chronic pain; and Jaxx, a diverse range of casual fashion daybeds, sofas, and beanbags made from virgin and re-purposed polyurethane foam. It conducts its business through three primary sales channels: Direct, Wholesale, and Others. The brands of the company involve Avana, Liberator, Jaxx, Panelist, CreAtl and Zipline.

Executives

Martin P Scott	officer: Chief Financial Officer	SIMPLEPONS, INC., C/O 220 CONGRESS PARK DRIVE, SUITE 304, DELRAY BEACH FL 33445
Alexander A. Sannikov	officer: Chief Financial Officer	2745 BANKERS INDUSTRIAL DR, ATLANTA GA 30360
Ronald P Scott	director, officer: CFO & Secretary	2745 BANKERS INDUSTRIAL DRIVE, ATLANTA GA 30360
Manuel Munoz	officer: Chief Information Officer	2745 BANKERS INDUSTRIAL DRIVE, ATLANTA GA 30360
Louis S Friedman	director, officer: President & CEO	2745 BANKERS INDUSTRIAL DRIVE, ATLANTA GA 30360
Sean Hougham	officer: Vice President - Manufacturing	2745 BANKERS INDUSTRIAL DRIVE, ATLANTA GA 30360
Donald Cohen	10 percent owner	2745 BANKERS INDUSTRIAL DRIVE, DORAVILLE GA 30360
James Blanchard	officer: Senior VP-Business Development	2745 BANKERS INDUSTRIAL DRIVE, ATLANTA GA 30360
Michael Kane	officer: Executive Vice President	2745 BANKERS INDUSTRIAL DRIVE, ATLANTA GA 30360
Leslie Vogelman	officer: Treasurer	2745 BANKERS INDUSTRIAL DRIVE, ATLANTA GA 30360
Rufina Bulatova	officer: Vice President Online Market.	2745 BANKERS INDUSTRIAL DRIVE, ATLANTA GA 30360
Fyodor Petrenko	10 percent owner, officer: Vice President	204 SALEM CT, APT 5, PRINCETON NJ 08540
David Wirth	officer: Vice President - Operations	2745 BANKERS INDUSTRIAL DRIVE, DORAVILLE GA 30360
Belmont Partners, Llc	10 percent owner	360 MAIN STREET, P.O. BOX 393, WASHINGTON VA 22747
Joseph J Meuse	director, officer: President	211 FALMOUTH STREET, WARRENTON VA 20186