What is American Cannabis Co Interest Expense?
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. American Cannabis Co's interest expense for the
three
months ended in Sep. 2023 was $ -0.03 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $-0.20 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. American Cannabis Co's Operating Income for the
three
months ended in Sep. 2023 was $ -0.13 Mil. American Cannabis Co's Interest Expense for the
three
months ended in Sep. 2023 was $ -0.03 Mil.
American Cannabis 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.
American Cannabis Co 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 $-0.20 Mil.
* 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.
American Cannabis Co (OTCPK:AMMJ) Interest Expense Explanation
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. The higher, the better.
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
American Cannabis Co's Interest Expense for the
three
months ended in Sep. 2023 was $-0.03 Mil. Its
Operating Income
for the
three
months ended in Sep. 2023 was $-0.13 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Sep. 2023 was $0.74 Mil.
American Cannabis Co's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as
| American Cannabis Co did not have earnings to cover the interest expense. |
* 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.
The higher the ratio, the stronger the company's financial strength is.
American Cannabis Co (American Cannabis Co) Business Description
Traded in Other Exchanges
N/A
Address
200 Union Street, Suite 200, Lakewood, CO, USA, 80228
American Cannabis Co Inc is engaged in the cannabis industry in states and countries where cannabis is regulated and/or has been decriminalized for medical use and/or legalized for recreational use. It provides advisory and consulting services specific to this industry, designs industry-specific products and facilities, and manages a strategic group partnership that offers both exclusive and non-exclusive customer products commonly used in the industry. It also is a licensed operator of three medical cannabis dispensaries and a cannabis cultivation facility in Colorado Springs, CO.
Executives
| Tyler A Schloesser |
officer: Chief Operations Officer |
9874 WEST LA SALLE PLACE, LAKEWOOD CO 80227 |
| Ellis Lamar Smith |
director, 10 percent owner, officer: Cheif Development Officer |
2590 WALNUT ST, DENVER CO 80205 |
| Hollister Corey James Ariel |
director, 10 percent owner, officer: Chief Executive Officer |
5316 RUSTIC AVE, FIRESTONE CO 80504 |
| David Michael Godfrey |
officer: Principal Accounting Officer |
5690 LOGAN STREET, DENVER CO 80237 |
| Jon Workman |
officer: Vice President |
2600 RAY DEAN ROAD, TUCKER AR 72168 |
| Michael Schwanbeck |
officer: Chief Financial Officer |
555 E. 19TH AVENUE, #2421, DENVER CO 80203 |
| Tad M Mailander |
director |
4811 49TH STREET, SAN DIEGO CA 92115 |
| Terry Lynn Buffalo |
director, officer: CEO |
3063 BRIGHTON BLVD, #918, DENVER CO 80216 |
| Jesus Quintero |
officer: Former CFO |
16860 SOUTHWEST 1ST STREET, PEMBROKE PINES FL 33027 |
| Michael A Novielli |
director, 10 percent owner |
100 MILL PLAIN ROAD, 3RD FLOOR, DANBURY CT 06811 |
| Anthony J Baroud |
director, 10 percent owner, officer: Chief Technology Officer |
211 EAST CIRCLE AVE, PROSPECT HEIGHTS IL 60070 |
| Themistocles Psomiadis |
director, officer: Chief Executive Officer |
1420 MIDTOWN AVE, APT 407, MOUNT PLEASANT SC 29464 |
| Villas Boas Andrea Bezerra Arruda |
10 percent owner |
ALAMEDA UAPIXANA, 278, SAO PAULO D5 04085-030 |
| Douglas Leighton |
director |
312 STUART ST, BOSTON MA 02116 |
| Donald Brucker |
director, 10 percent owner, officer: VP Research & Development |
110 WEST C STREET, SUITE 1300, SAN DIEGO CA 92101 |
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