What is Lifetime Brands Interest Expense?
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Lifetime Brands's interest expense for the
three
months ended in Mar. 2024 was $ -5.6 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-22.0 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. Lifetime Brands's Operating Income for the
three
months ended in Mar. 2024 was $ 1.8 Mil. Lifetime Brands's Interest Expense for the
three
months ended in Mar. 2024 was $ -5.6 Mil.
Lifetime Brands's Interest Coverage for the quarter that ended in Mar. 2024 was 0.33.
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.
Lifetime 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 $-22.0 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.
Lifetime Brands (NAS:LCUT) 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.
Lifetime Brands's Interest Expense for the
three
months ended in Mar. 2024 was $-5.6 Mil. Its
Operating Income
for the
three
months ended in Mar. 2024 was $1.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Mar. 2024 was $237.8 Mil.
Lifetime Brands's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as
* 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.
Lifetime Brands (Lifetime Brands) Business Description
Traded in Other Exchanges
Address
1000 Stewart Avenue, Garden City, NY, USA, 11530
Lifetime Brands Inc is a U.S. based company that designs, sources, and sells branded kitchenware, tableware, and other products used in the home and markets its products under brands such as Farberware, KitchenAid, Cuisine de France, and others. The company markets and sells its products principally on a wholesale basis to retailers. It also markets and sells a limited selection of its products directly to consumers through its Pfaltzgraff, Mikasa, Fred, and Friends, Built NY, and Lifetime Sterling. Its products include kitchen tools, gadgets, cutlery, dinnerware, and glassware. The segments of the company are the U.S. and International. It derives a majority of the revenue from the U.S. segment which includes the domestic operations of the company's business.
Executives
| Robert Bruce Kay |
director, officer: Chief Executive Officer |
1000 STEWART AVENUE, GARDEN CITY NY 11530 |
| Daniel Siegel |
officer: Executive Vice-President |
C/O LIFETIME BRANDS, INC., 1000 STEWART AVENUE, GARDEN CITY NY 11530 |
| Craig Phillips |
director, officer: Executive Vice President |
LIFETIME BRANDS INC., 1000 STEWART AVENUE, GARDEN CITY NY 11530 |
| Laurence Winoker |
officer: SVP Finance/CFO/Treasurer |
|
| Veronique Gabai-pinsky |
director |
C-O VERA WANG GROUP, 15 EAST 26TH STREET, NEW YORK NY 10010 |
| Rachael Jarosh |
director |
1000 STEWART AVENUE, GARDEN CITY NY 11530 |
| Michael J Jeary |
director |
8 BELKNAP LANE, RUMSON NJ 07760 |
| Dennis E Reaves |
director |
C/O LIFETIME BRANDS, INC., 1000 STEWART AVENUE, GARDEN CITY NY 11530 |
| Bruce G Pollack |
director |
30 ROCKEFEELER PLAZA, SUITE 5050, NEW YORK NY 10020 |
| Michael J Regan |
director |
14 BRENNER PLACE, DEMAREST NJ 07627 |
| Michael Schnabel |
director |
1000 STEWART AVENUE, GARDEN CITY NY 11530 |
| Centre Partners V, L.p. |
10 percent owner |
825 THIRD AVENUE, 40TH FLOOR, NEW YORK NY 10022 |
| Centre Capital Investors V Lp |
10 percent owner |
825 THIRD AVENUE, 40TH FLOOR, New York NY 10022 |
| Ronald Shittan |
director |
C/O LIFETIME BRANDS, INC., 1000 STEWART AVENUE, GARDEN CITY NY 11530 |
| William U Westerfield |
director |
C/O LIFETIME BRANDS, INC., 1000 STEWART AVENUE, GARDEN CITY NY 11530 |
Lifetime Brands (Lifetime Brands) Headlines
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