Psyched Wellness (FRA:5U9) Interest Expense : €0.00 Mil (TTM As of Nov. 2024)

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What is Psyched Wellness Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Psyched Wellness's interest expense for the three months ended in Nov. 2024 was € 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Nov. 2024 was €0.00 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. Psyched Wellness's Operating Income for the three months ended in Nov. 2024 was € -0.55 Mil. Psyched Wellness's Interest Expense for the three months ended in Nov. 2024 was € 0.00 Mil. Psyched Wellness has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term 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.

Psyched Wellness Interest Expense Historical Data

The historical data trend for Psyched Wellness'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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Psyched Wellness Interest Expense Chart

Psyched Wellness Annual Data

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Interest Expense

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-0.01

Psyched Wellness Quarterly Data
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Psyched Wellness 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 Nov. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.00 Mil.

Psyched Wellness (FRA:5U9) 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.

Psyched Wellness's Interest Expense for the three months ended in Nov. 2024 was €0.00 Mil. Its Operating Income for the three months ended in Nov. 2024 was €-0.55 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Nov. 2024 was €0.00 Mil.

Psyched Wellness's Interest Coverage for the quarter that ended in Nov. 2024 is calculated as

Psyched Wellness had no long-term debt ⁽¹⁾.

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

Good Sign:

Psyched Wellness Ltd has no debt.

Psyched Wellness Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Psyched Wellness Ltd (FRA:5U9) » Definitions » Interest Expense

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PSYCF:USA 5U9:Germany PSYC:Canada

Address

36 Toronto Street, Suite 701, Toronto, ON, CAN, M5C 2C5

Website

https://www.psyched-wellness.com

Psyched Wellness Ltd is a Canada-based health supplements company, which is engaged in the distribution of mushroom-derived products and associated consumer packaged goods. The Company is producing and developing a line of Amanita Muscaria-derived water-based extracts, teas and capsules designed to help with three health objectives, such as promote stress relief, relaxation, and assist with restful sleeping. The Company's subsidiaries include Psyched Wellness Corp., and AME Wellness Inc.

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