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Choom Holdings (Choom Holdings) Interest Expense : $-3.32 Mil (TTM As of Dec. 2021)


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What is Choom Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Choom Holdings's interest expense for the three months ended in Dec. 2021 was $ -0.51 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2021 was $-3.32 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. Choom Holdings's Operating Income for the three months ended in Dec. 2021 was $ -0.90 Mil. Choom Holdings's Interest Expense for the three months ended in Dec. 2021 was $ -0.51 Mil. Choom 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.


Choom Holdings Interest Expense Historical Data

The historical data trend for Choom 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.

Choom Holdings Interest Expense Chart

Choom Holdings Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -1.18 -2.82 -4.43

Choom Holdings Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.17 -1.05 -1.20 -0.56 -0.51

Choom 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. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.32 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.


Choom Holdings  (OTCPK:CHOOF) 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.

Choom Holdings's Interest Expense for the three months ended in Dec. 2021 was $-0.51 Mil. Its Operating Income for the three months ended in Dec. 2021 was $-0.90 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2021 was $11.96 Mil.

Choom Holdings's Interest Coverage for the quarter that ended in Dec. 2021 is calculated as

Choom Holdings 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.


Choom Holdings (Choom Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1525 West 8th Avenue, Suite 208, Vancouver, BC, CAN, V6J 1T5
Choom Holdings Inc is a Canadian cannabis retailer. It sells products under the brand name Choom. The company has two primary business units, Retail Cannabis, and Patient Counselling. It generates maximum revenue from the Retail Cannabis segment.