Naples Soap Co (Naples Soap Co) Interest Expense : $ Mil (TTM As of Jun. 2023)

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What is Naples Soap Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Naples Soap Co's interest expense for the six months ended in Jun. 2023 was $ -0.10 Mil. Naples Soap Co does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Jun. 2023.

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. Naples Soap Co's Operating Income for the six months ended in Jun. 2023 was $ -0.50 Mil. Naples Soap Co's Interest Expense for the six months ended in Jun. 2023 was $ -0.10 Mil. Naples Soap 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.

Naples Soap Co Interest Expense Historical Data

The historical data trend for Naples Soap 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.

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Naples Soap Co Interest Expense Chart

Naples Soap Co Annual Data

Trend

Interest Expense

Naples Soap Co Semi-Annual Data
	Jun22	Jun23
Interest Expense	-0.03	-0.10

Naples Soap Co Interest Expense Calculation

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

Naples Soap Co (OTCPK:NASO) 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.

Naples Soap Co's Interest Expense for the six months ended in Jun. 2023 was $-0.10 Mil. Its Operating Income for the six months ended in Jun. 2023 was $-0.50 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was $4.18 Mil.

Naples Soap Co's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Naples Soap Co did not have earnings to cover the interest expense.

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

Naples Soap Co (Naples Soap Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Naples Soap Co Inc (OTCPK:NASO) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

14601 Jetport Loop, Suite 180, Fort Myers, FL, USA, 33913

Website

https://www.naplessoap.com

Naples Soap Co Inc is a health and wellness brand that offers personal care products including soap, hair, face, and skincare products through its own brick and mortar retail stores and website, national and boutique re-sellers, and online marketplaces including Amazon and Faire.

Naples Soap Co (Naples Soap Co) Headlines

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