Nevis Brands (Nevis Brands) Interest Expense : $-0.03 Mil (TTM As of Feb. 2024)

View and export this data going back to 2013. Start your Free Trial

What is Nevis Brands Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nevis Brands's interest expense for the three months ended in Feb. 2024 was $ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2024 was $-0.03 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. Nevis Brands's Operating Income for the three months ended in Feb. 2024 was $ -0.06 Mil. Nevis Brands's Interest Expense for the three months ended in Feb. 2024 was $ -0.01 Mil. Nevis Brands 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.

Nevis Brands Interest Expense Historical Data

The historical data trend for Nevis Brands'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.

* Premium members only.

Nevis Brands Interest Expense Chart

Nevis Brands Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Interest Expense

Get a 7-Day Free Trial

-0.01

-0.02

Nevis Brands Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Interest Expense	Get a 7-Day Free Trial															-	-	-0.01	-0.01	-0.01

Nevis Brands 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.03 Mil.

Nevis Brands (OTCPK:PSCBF) 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.

Nevis Brands's Interest Expense for the three months ended in Feb. 2024 was $-0.01 Mil. Its Operating Income for the three months ended in Feb. 2024 was $-0.06 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2024 was $0.00 Mil.

Nevis Brands's Interest Coverage for the quarter that ended in Feb. 2024 is calculated as

Nevis Brands did not have earnings to cover the interest expense.

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

Nevis Brands (Nevis Brands) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Nevis Brands Inc (OTCPK:PSCBF) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

NEVI:Canada

Address

4000 Mason Road, Suite 304, Seattle, WA, USA, 98195

Website

https://www.nevisbrands.com

Nevis Brands Inc innovates and develops cannabis beverages and related products. Its brands comprise Major, Happy Apple, Pearl, Utopia, Atomic Apple, Vertus, Velvet Swing, and Velvet Kiss.