SRSG (Spirits Time International) Interest Expense: $-0.12 Mil (TTM As of Dec. 2024)


What is Spirits Time International Interest Expense?

Spirits Time International SRSG Interest Expense is $-0.12 Mil as of Dec. 2024.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Spirits Time International's interest expense for the three months ended in Dec. 2024 was $ -0.03 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was $-0.12 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. Spirits Time International's Operating Income for the three months ended in Dec. 2024 was $ -0.01 Mil. Spirits Time International's Interest Expense for the three months ended in Dec. 2024 was $ -0.03 Mil. Spirits Time International 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.

Spirits Time International  (OTCPK:SRSG) 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.

Spirits Time International's Interest Expense for the three months ended in Dec. 2024 was $-0.03 Mil. Its Operating Income for the three months ended in Dec. 2024 was $-0.01 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was $0.00 Mil.

Spirits Time International's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Spirits Time International 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.

Spirits Time International Interest Expense Historical Data

* Premium members only.

The historical data trend for Spirits Time International'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.

Spirits Time International Interest Expense Chart

Spirits Time International Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.11 -0.12 -0.12 -0.12 -0.12

Spirits Time International Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -0.03 -0.03 -0.03 -0.03 -0.03

Spirits Time International 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.12 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 $-0.12 Mil mean?
Spirits Time International (SRSG) has a Interest Expense of $-0.12 Mil as of Dec. 2024. Interest Expense is the amount a company pays on its long-term debt. View historical data on Spirits Time International and its competitors.
Is Spirits Time International's Interest Expense too high?
Spirits Time International's current Interest Expense is $-0.12 Mil.
How does Spirits Time International's Interest Expense compare to BF.B?
Spirits Time International's Interest Expense of $-0.12 Mil can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good Interest Expense depends on the Beverages - Alcoholic 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 Spirits Time International and its competitors. Spirits Time International's current Interest Expense is $-0.12 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spirits Time International stock overvalued right now?
Spirits Time International (SRSG) has a current Interest Expense of $-0.12 Mil. The current Interest Expense is $-0.12 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 Spirits Time International (SRSG), the current Interest Expense is $-0.12 Mil as of Dec. 2024. 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.

Spirits Time International Business Description

Address 1661 Lakeview Circle, Ogden, UT, USA, 84403
Spirits Time International Inc is engaged in the business of marketing Tequila Products under the brand name of Tequila Alebrijes. The company distributes its products domestically furthermore internationally. The company's objective is to develop critical mass and a diverse portfolio of distilled spirits and non-alcoholic brands so as to make an attractive acquisition target or an attractive partner for other companies in the beverage industry.