Farmhouse (Farmhouse) Interest Expense : $-0.05 Mil (TTM As of Sep. 2023)

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What is Farmhouse Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Farmhouse's interest expense for the three months ended in Sep. 2023 was $ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $-0.05 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. Farmhouse's Operating Income for the three months ended in Sep. 2023 was $ -0.10 Mil. Farmhouse's Interest Expense for the three months ended in Sep. 2023 was $ -0.01 Mil. Farmhouse 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.

Farmhouse Interest Expense Historical Data

The historical data trend for Farmhouse'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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Farmhouse Interest Expense Chart

Farmhouse Annual Data

Trend

Dec00

Dec01

Apr03

Apr04

Apr05

Apr06

Apr07

Dec20

Dec21

Dec22

Interest Expense

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-1.72

-1.68

-0.06

-0.04

-0.05

Farmhouse Quarterly Data
	Jul06	Oct06	Jan07	Apr07	Jul07	Oct07	Mar08	Jun08	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Interest Expense	Get a 7-Day Free Trial															-0.02	-0.01	-0.01	-0.01	-0.01

Farmhouse 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.05 Mil.

Farmhouse (OTCPK:FMHS) 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.

Farmhouse's Interest Expense for the three months ended in Sep. 2023 was $-0.01 Mil. Its Operating Income for the three months ended in Sep. 2023 was $-0.10 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was $0.03 Mil.

Farmhouse's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Farmhouse did not have earnings to cover the interest expense.

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

Farmhouse (Farmhouse) Business Description

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Address

548 Market Street, Suite 90355, San Francisco, CA, USA, 94104

Website

https://www.weedclub.com

Farmhouse Inc is a platform provider to the regulated cannabis industry. Its core product is the WeedClub social network platform, which allows its members to digitally network with actual vetted cannabis industry stakeholders. It serves a wide range of areas within the professional cannabis and hemp industries, such as licensed growers, dispensers, laboratories, distributors, investors, accountants, lawyers, consultants, and others.