VICFF (Vice Health and Wellness) Interest Expense: $-0.01 Mil (TTM As of Jun. 2023)

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What is Vice Health and Wellness Interest Expense?

Vice Health and Wellness VICFF -99.97% Interest Expense is $-0.01 Mil as of Jun. 2023.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Vice Health and Wellness's interest expense for the three months ended in Jun. 2023 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was $-0.01 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. Vice Health and Wellness's Operating Income for the three months ended in Jun. 2023 was $ -0.20 Mil. Vice Health and Wellness's Interest Expense for the three months ended in Jun. 2023 was $ 0.00 Mil. Vice Health and Wellness 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.


Vice Health and Wellness  (OTCPK:VICFF) 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.

Vice Health and Wellness's Interest Expense for the three months ended in Jun. 2023 was $0.00 Mil. Its Operating Income for the three months ended in Jun. 2023 was $-0.20 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2023 was $0.00 Mil.

Vice Health and Wellness's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Vice Health and Wellness had no long-term debt (1).

* 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.


Vice Health and Wellness Interest Expense Historical Data

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The historical data trend for Vice Health and Wellness'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.

Vice Health and Wellness Interest Expense Chart

Vice Health and Wellness Annual Data
Trend Dec13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 -0.05 -0.00 -0.01 -0.00

Vice Health and Wellness Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 -0.00 -0.00 -0.01 -0.00 0.00

Vice Health and Wellness 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 Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.01 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 $-0.01 Mil mean?
Vice Health and Wellness (VICFF) has a Interest Expense of $-0.01 Mil as of Jun. 2023. Interest Expense is the amount a company pays on its long-term debt. View historical data on Vice Health and Wellness and its competitors.
Is Vice Health and Wellness' Interest Expense too high?
Vice Health and Wellness' current Interest Expense is $-0.01 Mil.
How does Vice Health and Wellness' Interest Expense compare to HIO and EDD?
Vice Health and Wellness' Interest Expense of $-0.01 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Interest Expense depends on the Consumer Packaged Goods 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 Vice Health and Wellness and its competitors. Vice Health and Wellness's current Interest Expense is $-0.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vice Health and Wellness stock overvalued right now?
Vice Health and Wellness (VICFF) has a current Interest Expense of $-0.01 Mil. The current Interest Expense is $-0.01 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 Vice Health and Wellness (VICFF), the current Interest Expense is $-0.01 Mil as of Jun. 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.

Vice Health and Wellness Business Description

Address 734 - 1055 Dunsmuir Street, Vancouver, BC, CAN, V7X 1B1
Vice Health and Wellness Inc is a dynamic publicly traded company dedicated to fostering healthier lifestyle choices by offers products that empower consumers to enhance their mental and physical well-being. Also, its product line features low-sugar, plant-based gummy products.