WTER (The Alkaline Water Co) Interest Expense: $-2.19 Mil (TTM As of Jun. 2023)


WTER The Alkaline Water Co Inc WTER
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What is The Alkaline Water Co Interest Expense?

The Alkaline Water Co WTER -1.46% 12 Interest Expense is $-2.19 Mil as of Jun. 2023. GuruFocus rates WTER with a GF Score™ of 12/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. The Alkaline Water Co's interest expense for the three months ended in Jun. 2023 was $ -0.42 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was $-2.19 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. The Alkaline Water Co's Operating Income for the three months ended in Jun. 2023 was $ -2.42 Mil. The Alkaline Water Co's Interest Expense for the three months ended in Jun. 2023 was $ -0.42 Mil. The Alkaline Water Co 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.

The Alkaline Water Co  (OTCPK:WTER) 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.

The Alkaline Water Co's Interest Expense for the three months ended in Jun. 2023 was $-0.42 Mil. Its Operating Income for the three months ended in Jun. 2023 was $-2.42 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2023 was $0.02 Mil.

The Alkaline Water Co's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

The Alkaline Water Co 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.

The Alkaline Water Co Interest Expense Historical Data

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The historical data trend for The Alkaline Water Co'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.

The Alkaline Water Co Interest Expense Chart

The Alkaline Water Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.55 -0.45 -0.58 -0.92 -2.97

The Alkaline Water Co 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 -1.20 -0.92 -0.43 -0.42 -0.42
WTER
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The Alkaline Water Co Inc WTER
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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The Alkaline Water Co 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 $-2.19 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 $-2.19 Mil mean?
The Alkaline Water Co (WTER) has a Interest Expense of $-2.19 Mil as of Jun. 2023. Interest Expense is the amount a company pays on its long-term debt. View historical data on The Alkaline Water Co and its competitors.
Is The Alkaline Water Co's Interest Expense too high?
The Alkaline Water Co's current Interest Expense is $-2.19 Mil. Overall, The Alkaline Water Co has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does The Alkaline Water Co's Interest Expense compare to PSCBF and ASII?
The Alkaline Water Co's Interest Expense of $-2.19 Mil can be compared against companies in the Beverages - Non-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 - Non-Alcoholic company?
A good Interest Expense depends on the Beverages - Non-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 The Alkaline Water Co and its competitors. The Alkaline Water Co's current Interest Expense is $-2.19 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Alkaline Water Co stock overvalued right now?
The Alkaline Water Co (WTER) has a current Interest Expense of $-2.19 Mil. The current Interest Expense is $-2.19 Mil. The Alkaline Water Co's 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 The Alkaline Water Co (WTER), the current Interest Expense is $-2.19 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.

The Alkaline Water Co Business Description

Address 8541 E. Anderson Drive, Suite 100/101, Scottsdale, AZ, USA, 85255
The Alkaline Water Co Inc is engaged in the business of distributing and marketing bottled alkaline water for retail consumers of different sizes. The firm sells its product in 500ml, 700ml, 1-liter, 1.5-liter 3-liter, and 1-gallon sizes. Its only operating geographical segment being the United States of America. The company sells its product to convenience stores, natural food products stores, large ethnic markets, and national retailers.
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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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