Swiss Water Decaffeinated Coffee (Swiss Water Decaffeinated Coffee) Interest Expense : $-6.1 Mil (TTM As of Dec. 2023)

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What is Swiss Water Decaffeinated Coffee Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Swiss Water Decaffeinated Coffee's interest expense for the three months ended in Dec. 2023 was $ -1.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-6.1 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. Swiss Water Decaffeinated Coffee's Operating Income for the three months ended in Dec. 2023 was $ 2.5 Mil. Swiss Water Decaffeinated Coffee's Interest Expense for the three months ended in Dec. 2023 was $ -1.7 Mil. Swiss Water Decaffeinated Coffee's Interest Coverage for the quarter that ended in Dec. 2023 was 1.45. 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.

Swiss Water Decaffeinated Coffee Interest Expense Historical Data

The historical data trend for Swiss Water Decaffeinated Coffee'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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Swiss Water Decaffeinated Coffee Interest Expense Chart

Swiss Water Decaffeinated Coffee Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-1.45

-2.41

-3.41

-4.10

-6.16

Swiss Water Decaffeinated Coffee Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-1.16	-1.34	-1.56	-1.50	-1.73

Swiss Water Decaffeinated Coffee 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-6.1 Mil.

Swiss Water Decaffeinated Coffee (OTCPK:SWSSF) 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.

Swiss Water Decaffeinated Coffee's Interest Expense for the three months ended in Dec. 2023 was $-1.7 Mil. Its Operating Income for the three months ended in Dec. 2023 was $2.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $73.7 Mil.

Swiss Water Decaffeinated Coffee's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	2.513	/	-1.734
	=	1.45

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

Swiss Water Decaffeinated Coffee (Swiss Water Decaffeinated Coffee) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Swiss Water Decaffeinated Coffee Inc (OTCPK:SWSSF) » Definitions » Interest Expense

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7RD:Germany SWP:Canada

Address

7750 Beedie Way, Delta, BC, CAN, V4G 0A5

Website

https://www.swisswater.com

Swiss Water Decaffeinated Coffee Inc is a specialty coffee company, that offers green coffee decaffeination, and Seaforth Supply Chain Solutions Inc provides green coffee handling and storage services. It is a premium decaffeination of green coffee in Canadian British Columbia. It employs the proprietary Swiss Water Process to decaffeinate green coffee without the use of chemicals, leveraging science-based systems and controls to produce coffee. The company's sales are generated in a single segment of decaffeination of green coffee beans. It also operates in three geographic areas - Canada, the United States, and other international markets, and the majority of revenue comes from the United States.