Eastside Distilling (Eastside Distilling) Interest Expense : $-1.03 Mil (TTM As of Mar. 2024)

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What is Eastside Distilling Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Eastside Distilling'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 $-1.03 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. Eastside Distilling's Operating Income for the three months ended in Mar. 2024 was $ -1.17 Mil. Eastside Distilling's Interest Expense for the three months ended in Mar. 2024 was $ -0.25 Mil. Eastside Distilling 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.

Eastside Distilling Interest Expense Historical Data

The historical data trend for Eastside Distilling'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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Eastside Distilling Interest Expense Chart

Eastside Distilling Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.51

-1.09

-1.25

-2.22

-1.11

Eastside Distilling 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															-0.33	-0.33	-0.21	-0.25	-0.25

Eastside Distilling 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 $-1.03 Mil.

Eastside Distilling (NAS:EAST) 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.

Eastside Distilling'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 $-1.17 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $1.60 Mil.

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

Eastside Distilling did not have earnings to cover the interest expense.

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

Eastside Distilling (Eastside Distilling) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Eastside Distilling Inc (NAS:EAST) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

2321 NE Argyle Street, Unit D, Portland, OR, USA, 97211

Website

https://www.eastsidedistilling.com

Eastside Distilling Inc is a producer and marketer of Craft Canning + Printing and spirits. Its alcoholic beverage categories include whiskey, vodka, gin, rum, tequila, and Ready-to-Drink. Some of its brands include Azunia Tequila, Hue-Hue Coffee Rum, Portland Potato Vodka, and Burnside Whiskey. It operates in a two segment of packaging, producing, marketing, and distributing alcoholic beverages. Craft Canning + Printing includes, Digital Can Printing, Co-packing Facility and Mobile Canning. The company distributes its products in 33 states of the United States.

Executives

Elizabeth Ann Levy-navarro	director	C/O EASTSIDE DISTILLING, INC., 8911 NE MARX DRIVE, SUITE A2, PORTLAND OR 97220
Eric J. Finnsson	director	C/O EASTSIDE DISTILLING, INC., 1001 SE WATER AVENUE, #390 OR 97214
Bigger Capital Fund Gp, Llc	10 percent owner	11700 W CHARLESTON BLVD 170-659, LAS VEGAS NV 89135
Bigger Capital, Llc	10 percent owner	11700 W CHARLESTON BLVD 170-659, LAS VEGAS NV 89135
District 2 Gp Llc	10 percent owner	14 WALL STREET, 2ND FLOOR, HUNTINGTON NY 11743
District 2 Holdings Llc	10 percent owner	14 WALL STREET, 2ND FLOOR, HUNTINGTON NY 11743
Bigger Capital Fund L P	10 percent owner	159 JENNINGS RD, COLD SPRING HARBOR NY 11724
District 2 Capital Fund Lp	10 percent owner	14 WALL STREET, 2ND FLOOR, HUNTINGTON NY 11743
B.a.d. Company, Llc	10 percent owner	11700 W CHARLESTON BLVD 170-659, LAS VEGAS NV 89135
District 2 Capital Lp	10 percent owner	175 W CARVER STREET, HUNTINGTON NY 11743
Michael Bigger	10 percent owner	11700 W CHARLESTON BLVD 170-659, LAS VEGAS NV 89135
Geoffrey C Gwin	officer: Chief Financial Officer	238 BLACK ROCK TPK, REDDING CT 06896
Joseph D Giansante	director	2321 NE ARGYLE STREET, UNIT D, PORTLAND OR 97211
Patrick J. Kilkenny	10 percent owner	P.O. BOX 1641, RANCHO SANTA FE CA 92067
Amy Lee Brassard	officer: Corporate Secretary	8911 NE MARX DRIVE, SUITE A2, PORTLAND OR 97220