Brewbilt Brewing Co (Brewbilt Brewing Co) Interest Coverage : 0 (At Loss) (As of Mar. 2024)

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What is Brewbilt Brewing Co 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. Brewbilt Brewing Co's Operating Income for the three months ended in Mar. 2024 was $-0.35 Mil. Brewbilt Brewing Co's Interest Expense for the three months ended in Mar. 2024 was $-0.25 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 Brewbilt Brewing Co's Interest Coverage or its related term are showing as below:

BRBL's Interest Coverage is not ranked ^*
in the Industrial Products industry.
Industry Median: 13.77
* 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.

Brewbilt Brewing Co Interest Coverage Historical Data

The historical data trend for Brewbilt Brewing Co'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.

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Brewbilt Brewing Co Interest Coverage Chart

Brewbilt Brewing Co Annual Data

Trend

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Interest Coverage

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Brewbilt Brewing Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Coverage	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Brewbilt Brewing Co's Interest Coverage

For the Specialty Industrial Machinery subindustry, Brewbilt Brewing Co'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.

Brewbilt Brewing Co's Interest Coverage Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Brewbilt Brewing Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Brewbilt Brewing Co's Interest Coverage falls into.

Brewbilt Brewing Co 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.

Brewbilt Brewing Co's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Brewbilt Brewing Co's Interest Expense was $-2.51 Mil. Its Operating Income was $-2.97 Mil. And its Long-Term Debt & Capital Lease Obligation was $1.77 Mil.

Brewbilt Brewing Co did not have earnings to cover the interest expense.

Brewbilt Brewing Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Brewbilt Brewing Co's Interest Expense was $-0.25 Mil. Its Operating Income was $-0.35 Mil. And its Long-Term Debt & Capital Lease Obligation was $1.96 Mil.

Brewbilt Brewing Co did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's Financial Strength is.

Brewbilt Brewing Co (OTCPK:BRBL) 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 .

Brewbilt Brewing Co Interest Coverage Related Terms

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Brewbilt Brewing Co (Brewbilt Brewing Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Brewbilt Brewing Co (OTCPK:BRBL) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

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Address

110 Spring Hill Drive, Suite 17, Grass Valley, CA, USA, 95945

Website

https://www.brewbilt.com

Brewbilt Brewing Co is engaged in the manufacturing of custom designs and handcrafts brewing and fermentation equipment and supplies necessary equipment for craft beer production. BrewBilt Brewing produces satisfying beers using small-batch California malt for a good-quality beer. The facility and experienced staff ferment the lagers in stacked horizontal lagering tanks and give them plenty of cold aging time to achieve optimal taste and clarity. The packaging process utilizes a counter-pressure Codi line to ensure the lowest possible level of packaged oxygen, maximizing product stability and continuity over its shelf life.

Executives

Jef Howard Lewis	director	318 CLAY STREET, NEVADA CITY CA 95959
Bennett Buchanan	director	13848 LAVA DOME WAY, NEVADA CITY CA 95959
James Powell	director, officer: President	999 18TH STREET, SUITE 3000, DENVER CO 80202
Tim C Deherrera	director	1400 16TH STREET, SUITE 400, DENVER CO 80202
Paul Watts	director, officer: President	33 CAVENDISH SQUARE, LONDON X0 W140RA
Kelly Sundberg	director, 10 percent owner, officer: President	45 COVE PARK ROAD NE, CALGARY A0 T3K 5XB