Spirits Time International (Spirits Time International) Interest Expense : $-0.12 Mil (TTM As of Mar. 2024)

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What is Spirits Time International Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Spirits Time International's interest expense for the three months ended in Mar. 2024 was $ -0.03 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.12 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. Spirits Time International's Operating Income for the three months ended in Mar. 2024 was $ -0.02 Mil. Spirits Time International's Interest Expense for the three months ended in Mar. 2024 was $ -0.03 Mil. Spirits Time International 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.

Spirits Time International Interest Expense Historical Data

The historical data trend for Spirits Time International'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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Spirits Time International Interest Expense Chart

Spirits Time International Annual Data

Trend

Dec14

Dec15

Dec16

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.09

-0.11

-0.12

Spirits Time International 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															-0.03	-0.03	-0.03	-0.03	-0.03

Spirits Time International 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 $-0.12 Mil.

Spirits Time International (OTCPK:SRSG) 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.

Spirits Time International's Interest Expense for the three months ended in Mar. 2024 was $-0.03 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-0.02 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $0.00 Mil.

Spirits Time International's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Spirits Time International did not have earnings to cover the interest expense.

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

Spirits Time International (Spirits Time International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Spirits Time International Inc (OTCPK:SRSG) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

1661 Lakeview Circle, Ogden, UT, USA, 84403

Website

https://www.tequilaalebrijes.com

Spirits Time International Inc is engaged in the business of marketing Tequila Products under the brand name of Tequila Alebrijes. The company distributes its products domestically furthermore internationally.

Spirits Time International (Spirits Time International) Headlines

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