Althea Group Holdings (Althea Group Holdings) Interest Expense : $-0.82 Mil (TTM As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Althea Group Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Althea Group Holdings's interest expense for the six months ended in Dec. 2023 was $ -0.44 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.82 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. Althea Group Holdings's Operating Income for the six months ended in Dec. 2023 was $ -4.31 Mil. Althea Group Holdings's Interest Expense for the six months ended in Dec. 2023 was $ -0.44 Mil. Althea Group Holdings 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.

Althea Group Holdings Interest Expense Historical Data

The historical data trend for Althea Group Holdings'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.

* Premium members only.

Althea Group Holdings Interest Expense Chart

Althea Group Holdings Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Expense

-0.49

-0.04

-0.41

Althea Group Holdings Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial						-0.03	-0.02	-0.03	-0.38	-0.44

Althea Group Holdings 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.82 Mil.

Althea Group Holdings (OTCPK:AHGHF) 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.

Althea Group Holdings's Interest Expense for the six months ended in Dec. 2023 was $-0.44 Mil. Its Operating Income for the six months ended in Dec. 2023 was $-4.31 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was $3.65 Mil.

Althea Group Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Althea Group Holdings did not have earnings to cover the interest expense.

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

Althea Group Holdings (Althea Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Althea Group Holdings Ltd (OTCPK:AHGHF) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

AGH:Australia

Address

360 Elizabeth Street, Suite 2, Level 50, Melbourne, VIC, AUS, 3000

Website

https://www.althea.life

Althea Group Holdings Ltd is engaged in the manufacturing, sales, and distribution of cannabis-based medicines and recreational cannabis products. It operates in three reportable segments Pharmaceutical Cannabis, Recreational Cannabis, and Corporate in which it generates the majority of its revenue from Pharmaceutical Cannabis. It operates into four geographic segments: Australia, the United Kingdom, Canada, and others. The company earns key revenue from Australia and through the sale of medicinal cannabis products.

Althea Group Holdings (Althea Group Holdings) Headlines

From GuruFocus

Peak partners with Boston Beer Company to develop, produce, and distribute cannabis-infused beverages in Canada

By PRNewswire PRNewswire • 09-01-2021