Hero Technologies (Hero Technologies) Interest Expense : $-0.04 Mil (TTM As of Sep. 2023)

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What is Hero Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hero Technologies's interest expense for the three months ended in Sep. 2023 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $-0.04 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. Hero Technologies's Operating Income for the three months ended in Sep. 2023 was $ -0.41 Mil. Hero Technologies's Interest Expense for the three months ended in Sep. 2023 was $ 0.00 Mil. Hero Technologies has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Hero Technologies Interest Expense Historical Data

The historical data trend for Hero Technologies'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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Hero Technologies Interest Expense Chart

Hero Technologies Annual Data

Trend

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Interest Expense

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-0.01

-0.05

-0.06

-0.05

-0.06

Hero Technologies Quarterly Data
	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Mar18	Jun18	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Interest Expense	Get a 7-Day Free Trial															-	-0.02	-0.01	-	-

Hero Technologies 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 $-0.04 Mil.

Hero Technologies (OTCPK:HENC) 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.

Hero Technologies's Interest Expense for the three months ended in Sep. 2023 was $0.00 Mil. Its Operating Income for the three months ended in Sep. 2023 was $-0.41 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was $0.00 Mil.

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

Hero Technologies had no long-term debt ⁽¹⁾.

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

Hero Technologies (Hero Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Hero Technologies Inc (OTCPK:HENC) » Definitions » Interest Expense

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Address

8 The Green, Suite 4000, Dover, DE, USA, 19901

Website

https://www.herotechnologiesinc.com

Hero Technologies Inc is a cannabis company with a vertically integrated business model and plan that includes cannabis genetic engineering, farmland for medical and recreational cannabis cultivation, production licenses, distribution licenses, consumer packaging, retail operations, and dispensaries. It focuses on two principal segments of the cannabis industry, cultivation, and the dispensary business model, including combinations.

Executives

Gina L. Serkasevich	officer: CFO and Treasurer	310 COMMONS TRAIL LANE, HUFFMAN TX 77336
Keith Elliott Macdonald	director	203 HERITAGE PLAVE, CALGARY A0 T3Z 3P3
K James Ebeling	director	3726 WICKERSHAM LANE, HOUSTON TX 77027
James Douglas Brown	director, 10 percent owner, officer: Secretary	11200 WESTHEIMER, SUITE 200, HOUSTON TX 77042
Holloman Value Holdings, Llc	10 percent owner	333 NORTH SAM HOUSTON PARKWAY EAST, SUITE 600, HOUSTON TX 77060
Robert Wesolek	officer: Chief Financial Officer
Mark E. Stevenson	director, officer: Secretary	8225 SAN DIEGO ST., ODESSA TX 79765
Eric C Prim	director	4901 POLO PARKWAY, MIDLAND TX 79705
Grant M Petersen	officer: Chief Executive Officer	1027 DAVIE ST., SUITE 482, VANCOUVER A1 V4E 1N9
Holloman Corp	other: Affiliate	5257 WEST INTERSTATE 20, PO BOX 69410, ODESSA TX 79769
Holloman Oil & Gas Ltd.	10 percent owner	88 FORREST STREET, UNITS 8-9, COTTESLOE C3 6011
David R Lewis	director	11115 EAST MONTGOMERY DRIVE, SUITE G, SPOKANE VALLEY WA 99206