The Artisanal Spirits Co (FRA:045) Interest Expense : €-1.76 Mil (TTM As of Dec. 2023)

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What is The Artisanal Spirits Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. The Artisanal Spirits Co's interest expense for the six months ended in Dec. 2023 was € -1.03 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-1.76 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. The Artisanal Spirits Co's Operating Income for the six months ended in Dec. 2023 was € 0.95 Mil. The Artisanal Spirits Co's Interest Expense for the six months ended in Dec. 2023 was € -1.03 Mil. The Artisanal Spirits Co's Interest Coverage for the quarter that ended in Dec. 2023 was 0.92. 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.

The Artisanal Spirits Co Interest Expense Historical Data

The historical data trend for The Artisanal Spirits Co'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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The Artisanal Spirits Co Interest Expense Chart

The Artisanal Spirits Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.52

-0.55

-0.41

-0.66

-1.76

The Artisanal Spirits Co Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial					-0.13	-0.23	-0.44	-0.73	-1.03

The Artisanal Spirits Co 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-1.76 Mil.

The Artisanal Spirits Co (FRA:045) 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.

The Artisanal Spirits Co's Interest Expense for the six months ended in Dec. 2023 was €-1.03 Mil. Its Operating Income for the six months ended in Dec. 2023 was €0.95 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €2.99 Mil.

The Artisanal Spirits Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	0.945	/	-1.03
	=	0.92

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

The Artisanal Spirits Co (FRA:045) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » The Artisanal Spirits Co PLC (FRA:045) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

ART:UK

Address

87 Giles Street, The Vaults, Edinburgh, GBR, EH6 6BZ

Website

https://www.artisanal-spirits.com

The Artisanal Spirits Co PLC is a curator and provider of premium single cask Scotch malt whisky and other spirits for sale primarily online to a discerning global membership. It offers a range of other spirits such as single cask Bourbon, Indian and Japanese whisky, as well as single cask Armagnac, Cognac, gin and rum. Its operations are predominantly based in the UK with the Group also generating revenues across several international markets, including China, the USA, Germany, France, Sweden, Japan, Australia, and Taiwan.

The Artisanal Spirits Co (FRA:045) Headlines

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