Medicine Man Technologies (Medicine Man Technologies) Interest Expense : $-32.6 Mil (TTM As of Mar. 2024)

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What is Medicine Man Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Medicine Man Technologies's interest expense for the three months ended in Mar. 2024 was $ -8.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-32.6 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. Medicine Man Technologies's Operating Income for the three months ended in Mar. 2024 was $ -2.7 Mil. Medicine Man Technologies's Interest Expense for the three months ended in Mar. 2024 was $ -8.3 Mil. Medicine Man Technologies 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.

Medicine Man Technologies Interest Expense Historical Data

The historical data trend for Medicine Man 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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Medicine Man Technologies Interest Expense Chart

Medicine Man Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.16

-0.04

-7.01

-30.14

-32.07

Medicine Man Technologies Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-7.75	-7.89	-8.32	-8.11	-8.31

Medicine Man 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-32.6 Mil.

Medicine Man Technologies (OTCPK:SHWZ) 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.

Medicine Man Technologies's Interest Expense for the three months ended in Mar. 2024 was $-8.3 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-2.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $160.9 Mil.

Medicine Man Technologies's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Medicine Man Technologies did not have earnings to cover the interest expense.

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

Medicine Man Technologies (Medicine Man Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Medicine Man Technologies Inc (OTCPK:SHWZ) » Definitions » Interest Expense

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SHWZ:Canada

Address

4880 Havana Street, Suite 201, Denver, CO, USA, 80239

Website

https://www.schwazze.com

Medicine Man Technologies Inc is engaged in providing general consulting services in the cannabis industry. The company also provide seminar which includes giving guidance and tips on industry opportunities, medical and recreational market trends, cultivation methodologies and technology, extraction technology, dispensary operation, security requirements. The company's operating segment includes- Retail, consisting of retail locations for sale of cannabis products; Wholesale, consisting of manufacturing, cultivation and sale of both wholesale cannabis and non-cannabis products; Other, consisting of all other income and expenses. It generates maximum revenue from the Retail segment. The company is now operating under its new trade name, Schwazze.

Executives

Christine Jones	officer: Chief Legal Officer	C/O MEDICINE MAN TECHNOLOGIES, INC., 4880 HAVANA ST., SUITE 201, DENVER CO 80239
Forrest Hoffmaster	officer: CFO	C/O MEDICINE MAN TECHNOLOGIES, INC., 4880 HAVANA ST., SUITE 201, DENVER CO 80239
Nirup Krishnamurthy	director, officer: President	4880 HAVANA STREET, SUITE 201, DENVER CO 80239
Kathy P Vrabeck	director	625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Jeff Garwood	director	55 TABBY CIRCLE, DAUFUSKIE ISLAND SC 29915
Pratap Chandra Mukharji	director	4880 HAVANA STREET, SUITE 201, DENVER CO 80239
Salim Husan Wahdan	director	4880 HAVANA ST., STE. 201, DENVER CO 80239
Paul Joseph Montalbano	director	4880 HAVANA ST., STE. 201, DENVER CO 80239
Brad Stewart	director	C/O SEMPER PARATUS ACQUISITION CORP., 767 THIRD AVENUE, 38TH FLOOR, NEW YORK NY 10017
Justin Dye	director, 10 percent owner, officer: CEO	C/O MEDICINE MAN TECHNOLOGIES, INC., 4880 HAVANA STREET, SUITE 201, DENVER CO 80239
Jeffrey Alley Cozad	director, 10 percent owner	C/O MEDICINE MAN TECHNOLOGIES, INC., 4880 HAVANA ST., SUITE 201, DENVER CO 80239
Crw Capital Holdings Ii, Llc	10 percent owner	4740 W. MOCKINGBIRD LANE, STE 195579, DALLAS TX 75209
Crw Capital, Llc	10 percent owner	4740 W. MOCKINGBIRD LANE, P.O. BOX 195579, DALLAS TX 75209
Crw Capital Cann Holdings, Llc	10 percent owner	4740 W. MOCKINGBIRD LANE, P.O. BOX 195579, DALLAS TX 75209
Brian Ruden	10 percent owner	C/O 4880 HAVANA STREET, SUITE 102, DENVER CO 80239