WEBC (Webco Industries) Interest Expense: $-6.1 Mil (TTM As of Jul. 2023)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

WEBC Webco Industries Inc WEBC
12 GF Score
Price $325.00
View Full Analysis

What is Webco Industries Interest Expense?

Webco Industries WEBC 12 Interest Expense is $-6.1 Mil as of Jul. 2023. GuruFocus rates WEBC with a GF Score™ of 12/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Webco Industries's interest expense for the six months ended in Jul. 2023 was $ -6.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jul. 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. Webco Industries's Operating Income for the six months ended in Jul. 2023 was $ 38.9 Mil. Webco Industries's Interest Expense for the six months ended in Jul. 2023 was $ -6.1 Mil. Webco Industries's Interest Coverage for the quarter that ended in Jul. 2023 was 6.39. 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.

Webco Industries  (OTCPK:WEBC) 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.

Webco Industries's Interest Expense for the six months ended in Jul. 2023 was $-6.1 Mil. Its Operating Income for the six months ended in Jul. 2023 was $38.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jul. 2023 was $39.1 Mil.

Webco Industries's Interest Coverage for the quarter that ended in Jul. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Jul. 2023 )/Interest Expense (Q: Jul. 2023 )
=-1*38.907/-6.089
=6.39

* 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.

Webco Industries Interest Expense Historical Data

* Premium members only.

The historical data trend for Webco Industries'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.

Webco Industries Interest Expense Chart

Webco Industries Annual Data
Trend Jul05 Jul06 Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.24 -2.57 -2.49 -3.60 -6.09

Webco Industries Semi-Annual Data
Jul95 Jul96 Jul97 Jul98 Jul99 Jul00 Jul01 Jul02 Jul03 Jul04 Jul05 Jul06 Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul23
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 -3.24 -2.57 -2.49 -3.60 -6.09
WEBC
12GF Score
Webco Industries Inc WEBC
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Webco Industries Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Jul. 2023 was $-6.1 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 $-6.1 Mil mean?
Webco Industries (WEBC) has a Interest Expense of $-6.1 Mil as of Jul. 2023. Interest Expense is the amount a company pays on its long-term debt. View historical data on Webco Industries and its competitors.
Is Webco Industries' Interest Expense too high?
Webco Industries' current Interest Expense is $-6.1 Mil. Overall, Webco Industries has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Webco Industries' Interest Expense compare to ACNT and FRD?
Webco Industries' Interest Expense of $-6.1 Mil can be compared against companies in the Steel 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 Steel company?
A good Interest Expense depends on the Steel 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 Webco Industries and its competitors. Webco Industries's current Interest Expense is $-6.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Webco Industries stock overvalued right now?
Webco Industries (WEBC) has a current Interest Expense of $-6.1 Mil. The current Interest Expense is $-6.1 Mil. Webco Industries' 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 Webco Industries (WEBC), the current Interest Expense is $-6.1 Mil as of Jul. 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.

Webco Industries Business Description

Address 9101 West 21st Street, P.O. Box 100, Sand Springs, OK, USA, 74063
Webco Industries Inc is a specialty manufacturer and seller of high-quality carbon and stainless steel tubing products that are designed to industry and customer specifications. The company's products includes Welded tubing; Cold drawn- Welded and Cold drawn- Seamless. Its value-added services include bending, custom mill length, end formed/swaged, finning, heat treating, packaging, precision cutting, product availability and responsiveness.
12GF Score

Get the complete analysis for WEBC

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

$325.00
Price