Sipp Industries (Sipp Industries) Interest Expense : $ Mil (TTM As of Dec. 2006)

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What is Sipp Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sipp Industries's interest expense for the six months ended in Dec. 2006 was $ 0.00 Mil. Sipp Industries does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Dec. 2006.

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. Sipp Industries's Operating Income for the six months ended in Dec. 2006 was $ 0.00 Mil. Sipp Industries's Interest Expense for the six months ended in Dec. 2006 was $ 0.00 Mil. Sipp Industries 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.

Sipp Industries Interest Expense Historical Data

The historical data trend for Sipp Industries'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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Sipp Industries Interest Expense Chart

Sipp Industries Annual Data

Trend

Dec04

Dec05

Dec06

Interest Expense

Sipp Industries Semi-Annual Data
	Dec04	Dec05	Dec06
Interest Expense	-	-	-

Sipp Industries Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Sipp Industries (OTCPK:SIPC) 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.

Sipp Industries's Interest Expense for the six months ended in Dec. 2006 was $0.00 Mil. Its Operating Income for the six months ended in Dec. 2006 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2006 was $0.00 Mil.

Sipp Industries's Interest Coverage for the quarter that ended in Dec. 2006 is calculated as

Sipp Industries had no long-term debt ⁽¹⁾.

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

Sipp Industries (Sipp Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Sipp Industries Inc (OTCPK:SIPC) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

600 Anton Boulevard, Suite 1100, Costa Mesa, CA, USA, 92626

Website

http://www.sippindustries.com

Sipp Industries Inc is a is a brand owner of craft hemp beer and spirits. It forms strategic partnerships with craft breweries and distilleries to produce its products. The Company partners with local and national distributors to promote and market the beverages to events, bars, restaurants, lounges, clubs, and retail stores.