SCST (Suncast Solar Energy) Interest Expense: $-0.56 Mil (TTM As of Dec. 2008)


What is Suncast Solar Energy Interest Expense?

Suncast Solar Energy SCST Interest Expense is $-0.56 Mil as of Dec. 2008.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Suncast Solar Energy's interest expense for the three months ended in Dec. 2008 was $ -0.25 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2008 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. Suncast Solar Energy's Operating Income for the three months ended in Dec. 2008 was $ -0.65 Mil. Suncast Solar Energy's Interest Expense for the three months ended in Dec. 2008 was $ -0.25 Mil. Suncast Solar Energy 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.


Suncast Solar Energy  (OTCPK:SCST) 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.

Suncast Solar Energy's Interest Expense for the three months ended in Dec. 2008 was $-0.25 Mil. Its Operating Income for the three months ended in Dec. 2008 was $-0.65 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2008 was $0.40 Mil.

Suncast Solar Energy's Interest Coverage for the quarter that ended in Dec. 2008 is calculated as

Suncast Solar Energy 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.


Suncast Solar Energy Interest Expense Historical Data

* Premium members only.

The historical data trend for Suncast Solar Energy'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.

Suncast Solar Energy Interest Expense Chart

Suncast Solar Energy Annual Data
Trend Jun99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 -0.44 -0.39 -0.56

Suncast Solar Energy Quarterly Data
Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08
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 -0.11 -0.09 -0.11 -0.11 -0.25

Suncast Solar Energy 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. 2008 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?
Suncast Solar Energy (SCST) has a Interest Expense of $-0.56 Mil as of Dec. 2008. Interest Expense is the amount a company pays on its long-term debt. View historical data on Suncast Solar Energy and its competitors.
Is Suncast Solar Energy's Interest Expense too high?
Suncast Solar Energy's current Interest Expense is $-0.56 Mil.
How does Suncast Solar Energy's Interest Expense compare to ECEZ and CESX?
Suncast Solar Energy's Interest Expense of $-0.56 Mil can be compared against companies in the Waste 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 a Waste Management company?
A good Interest Expense depends on the Waste 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 Suncast Solar Energy and its competitors. Suncast Solar Energy'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 Suncast Solar Energy stock overvalued right now?
Suncast Solar Energy (SCST) 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 Suncast Solar Energy (SCST), the current Interest Expense is $-0.56 Mil as of Dec. 2008. 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.

Suncast Solar Energy Business Description

Address 1550 Larimer Street, 306, Denver, CO, USA, 80202
Suncast Solar Energy Inc provides environmental testing and other services within the United States.