KEGS (1812 Brewing Company) Interest Expense: $-2.26 Mil (TTM As of Jun. 2009)

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What is 1812 Brewing Company Interest Expense?

1812 Brewing Company KEGS Interest Expense is $-2.26 Mil as of Jun. 2009.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. 1812 Brewing Company's interest expense for the three months ended in Jun. 2009 was $ -1.32 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2009 was $-2.26 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. 1812 Brewing Company's Operating Income for the three months ended in Jun. 2009 was $ -2.19 Mil. 1812 Brewing Company's Interest Expense for the three months ended in Jun. 2009 was $ -1.32 Mil. 1812 Brewing Company 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.

1812 Brewing Company  (OTCPK:KEGS) Interest Expense Explanation

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 higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

1812 Brewing Company's Interest Expense for the three months ended in Jun. 2009 was $-1.32 Mil. Its Operating Income for the three months ended in Jun. 2009 was $-2.19 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2009 was $8.05 Mil.

1812 Brewing Company's Interest Coverage for the quarter that ended in Jun. 2009 is calculated as

1812 Brewing Company did not have earnings to cover the interest expense.

* 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.

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

1812 Brewing Company Interest Expense Historical Data

* Premium members only.

The historical data trend for 1812 Brewing Company'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.

1812 Brewing Company Interest Expense Chart

1812 Brewing Company Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
Interest Expense
Get a 7-Day Free Trial 0.00 0.00 0.00 -1.17 -3.26

1812 Brewing Company Quarterly Data
Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 -0.94 -1.32

1812 Brewing Company 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 Jun. 2009 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.26 Mil.

* 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-2.26 Mil mean?
1812 Brewing Company (KEGS) has a Interest Expense of $-2.26 Mil as of Jun. 2009. Interest Expense is the amount a company pays on its long-term debt. View historical data on 1812 Brewing Company and its competitors.
Is 1812 Brewing Company's Interest Expense too high?
1812 Brewing Company's current Interest Expense is $-2.26 Mil.
How does 1812 Brewing Company's Interest Expense compare to VCAN and CIIT?
1812 Brewing Company's Interest Expense of $-2.26 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for an Asset Management company?
A good Interest Expense depends on the Asset Management industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on 1812 Brewing Company and its competitors. 1812 Brewing Company's current Interest Expense is $-2.26 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 1812 Brewing Company stock overvalued right now?
1812 Brewing Company (KEGS) has a current Interest Expense of $-2.26 Mil. The current Interest Expense is $-2.26 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For 1812 Brewing Company (KEGS), the current Interest Expense is $-2.26 Mil as of Jun. 2009. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

1812 Brewing Company Business Description

Address 981 Waterman Drive, P.O. Box 6192, Watertown, NY, USA, 13601
1812 Brewing Company Inc is an investment and operating company focused on restaurant operations and beverage production, including beer and other non-alcoholic beverages. The Company is constructing a beverages production plant, in which it intends to produce alcoholic beverages, such as beer, hard seltzer, hard cider, and kombucha, as well as non-alcoholic beverages such as teas and sodas. Its beer products include War of 1812 Amber Ale, Helles Bells, and Route 11 Lager.