PSYC (PSYC) Interest Expense: $-0.56 Mil (TTM As of Jun. 2017)


What is PSYC Interest Expense?

PSYC PSYC -99.00% Interest Expense is $-0.56 Mil as of Jun. 2017.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. PSYC's interest expense for the three months ended in Jun. 2017 was $ -0.21 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2017 was $-0.56 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. PSYC's Operating Income for the three months ended in Jun. 2017 was $ -0.26 Mil. PSYC's Interest Expense for the three months ended in Jun. 2017 was $ -0.21 Mil. PSYC 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.

PSYC  (OTCPK:PSYC) 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.

PSYC's Interest Expense for the three months ended in Jun. 2017 was $-0.21 Mil. Its Operating Income for the three months ended in Jun. 2017 was $-0.26 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2017 was $0.00 Mil.

PSYC's Interest Coverage for the quarter that ended in Jun. 2017 is calculated as

PSYC 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.

PSYC Interest Expense Historical Data

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The historical data trend for PSYC'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.

PSYC Interest Expense Chart

PSYC Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec16
Interest Expense
-0.02 -0.02 -0.76 -2.16 -0.66

PSYC Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Dec14 Mar15 Jun15 Sep15 Mar16 Jun16 Sep16 Dec16 Jun17
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 -0.16 -0.16 -0.13 -0.22 -0.21

PSYC 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. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.56 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 $-0.56 Mil mean?
PSYC (PSYC) has a Interest Expense of $-0.56 Mil as of Jun. 2017. Interest Expense is the amount a company pays on its long-term debt. View historical data on PSYC and its competitors.
Is PSYC's Interest Expense too high?
PSYC's current Interest Expense is $-0.56 Mil.
How does PSYC's Interest Expense compare to ARLO and TAQR?
PSYC's Interest Expense of $-0.56 Mil can be compared against companies in the Media - Diversified 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 a Media - Diversified company?
A good Interest Expense depends on the Media - Diversified 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 PSYC and its competitors. PSYC's current Interest Expense is $-0.56 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PSYC stock overvalued right now?
PSYC (PSYC) has a current Interest Expense of $-0.56 Mil. The current Interest Expense is $-0.56 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 PSYC (PSYC), the current Interest Expense is $-0.56 Mil as of Jun. 2017. 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.

PSYC Business Description

Address 2881 South Valley View Boulevard, Suite 9, Las Vegas, NV, USA, 89102
PSYC Corp is a media-focused company serving the expanding industry and community of medicinal psychedelics. Through its media platform, Psychedelic Spotlight, the company has positioned itself right at the very core. These platforms provide the Company with an opportunity to dominate the intersection of cannabis and psychedelics as a media leader. Along with its subsidiary, the group offers public relations and media-focused services to companies within the medicinal psychedelics industry and other niche industries that include cannabis, holistic health, mining and precious metals, and others.