WDKA (Panache Beverage) Interest Expense: $-0.93 Mil (TTM As of Jun. 2014)

What is Panache Beverage Interest Expense?

Panache Beverage WDKA Interest Expense is $-0.93 Mil as of Jun. 2014.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Panache Beverage's interest expense for the three months ended in Jun. 2014 was $ -0.25 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2014 was $-0.93 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. Panache Beverage's Operating Income for the three months ended in Jun. 2014 was $ -0.35 Mil. Panache Beverage's Interest Expense for the three months ended in Jun. 2014 was $ -0.25 Mil. Panache Beverage 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.

Panache Beverage (OTCPK:WDKA) 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.

Panache Beverage's Interest Expense for the three months ended in Jun. 2014 was $-0.25 Mil. Its Operating Income for the three months ended in Jun. 2014 was $-0.35 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2014 was $10.96 Mil.

Panache Beverage's Interest Coverage for the quarter that ended in Jun. 2014 is calculated as

Panache Beverage 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.

Panache Beverage Interest Expense Historical Data

* Premium members only.

The historical data trend for Panache Beverage's Interest Expense can be seen below:

Panache Beverage Interest Expense Chart

Panache Beverage Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Interest Expense

Get a 7-Day Free Trial

-0.00

-0.06

-0.07

-0.13

-0.70

Panache Beverage Quarterly Data
	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14
Interest Expense	Get a 7-Day Free Trial															-0.16	-0.22	-0.21	-0.25	-0.25

Panache Beverage 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. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.93 Mil.

Frequently Asked Questions Learn more about Interest Expense →

What does a Interest Expense of $-0.93 Mil mean?

Panache Beverage (WDKA) has a Interest Expense of $-0.93 Mil as of Jun. 2014. Interest Expense is the amount a company pays on its long-term debt. View historical data on Panache Beverage and its competitors.

Is Panache Beverage's Interest Expense too high?

Panache Beverage's current Interest Expense is $-0.93 Mil.

How does Panache Beverage's Interest Expense compare to CMHZ and BORNY?

Panache Beverage's Interest Expense of $-0.93 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 Panache Beverage and its competitors. Panache Beverage's current Interest Expense is $-0.93 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Panache Beverage stock overvalued right now?

Panache Beverage (WDKA) has a current Interest Expense of $-0.93 Mil. The current Interest Expense is $-0.93 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 Panache Beverage (WDKA), the current Interest Expense is $-0.93 Mil as of Jun. 2014. 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.

Panache Beverage Business Description

Industry Consumer Defensive Beverages - Alcoholic

Comparable Companies BOM:531635 WAR:TLV CMHZ BOM:507498 NSE:RKDL BORNY XSAT:UMIDA B ASX:DW8 XCNQ:SBD NSE:AURDIS SGX:BKV BOM:542628 THST ICNB XKLS:5188 BOM:530305 OSTO:MACK B HKSE:08301 XMAD:BIL BOM:507155

Address 150 Fifth Avenue, 3rd Floor, New York, NY, USA, 10011

Website http://www.panachespirits.com

Panache Beverage Inc operates in the beverages industry in the United States. The company is engaged in the manufacturing of vodka.