SVIN (Scheid Vineyards) Interest Expense: $-3.01 Mil (TTM As of Aug. 2023)


SVIN Scheid Vineyards Inc SVIN
12 GF Score
Price $0.71
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What is Scheid Vineyards Interest Expense?

Scheid Vineyards SVIN 12 Interest Expense is $-3.01 Mil as of Aug. 2023. GuruFocus rates SVIN with a GF Score™ of 12/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Scheid Vineyards's interest expense for the six months ended in Aug. 2023 was $ -3.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Aug. 2023 was $-3.01 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. Scheid Vineyards's Operating Income for the six months ended in Aug. 2023 was $ -3.79 Mil. Scheid Vineyards's Interest Expense for the six months ended in Aug. 2023 was $ -3.01 Mil. Scheid Vineyards 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.

Scheid Vineyards  (OTCPK:SVIN) 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.

Scheid Vineyards's Interest Expense for the six months ended in Aug. 2023 was $-3.01 Mil. Its Operating Income for the six months ended in Aug. 2023 was $-3.79 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Aug. 2023 was $88.62 Mil.

Scheid Vineyards's Interest Coverage for the quarter that ended in Aug. 2023 is calculated as

Scheid Vineyards 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.

Scheid Vineyards Interest Expense Historical Data

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The historical data trend for Scheid Vineyards'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.

Scheid Vineyards Interest Expense Chart

Scheid Vineyards Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.44 -3.01 -3.06 -4.39 -4.79

Scheid Vineyards Semi-Annual Data
Dec02 Jun03 Dec03 Jun04 Dec04 Jun05 Dec05 Feb15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Aug22 Aug23
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 -2.37 -2.42 -2.33 -2.01 -3.01
SVIN
12GF Score
Scheid Vineyards Inc SVIN
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Scheid Vineyards 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 Aug. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-3.01 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 $-3.01 Mil mean?
Scheid Vineyards (SVIN) has a Interest Expense of $-3.01 Mil as of Aug. 2023. Interest Expense is the amount a company pays on its long-term debt. View historical data on Scheid Vineyards and its competitors.
Is Scheid Vineyards' Interest Expense too high?
Scheid Vineyards' current Interest Expense is $-3.01 Mil. Overall, Scheid Vineyards has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Scheid Vineyards' Interest Expense compare to LQR and EAST?
Scheid Vineyards' Interest Expense of $-3.01 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 Scheid Vineyards and its competitors. Scheid Vineyards's current Interest Expense is $-3.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scheid Vineyards stock overvalued right now?
Scheid Vineyards (SVIN) has a current Interest Expense of $-3.01 Mil. The current Interest Expense is $-3.01 Mil. Scheid Vineyards' overall GF Score™ is 12/100. 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 Scheid Vineyards (SVIN), the current Interest Expense is $-3.01 Mil as of Aug. 2023. 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.

Scheid Vineyards Business Description

Address 305 Hilltown Road, Salinas, CA, USA, 93908
Scheid Vineyards Inc is engaged in the production of premium varietal wine grapes and wine, the operation of a custom crush winery facility, and the sale of bottled wine through wholesalers and directly to consumers. The Company operates premium wine grape vineyards in Monterey County, California. Its segments are Finished Goods Sales, which generate maximum revenue and consist of wholesale transactions of finished packaged wine products sold mainly through distributors; Production Sales, which consist of bulk wine and grape sales and winery custom crush and storage services; and Direct Sales, which represent transactions directly to consumers, including tasting room, wine club and online sales.
12GF Score

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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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