What is Canopy Growth Interest Expense?
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Canopy Growth's interest expense for the
three
months ended in Dec. 2023 was $ -18.4 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-88.8 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. Canopy Growth's Operating Income for the
three
months ended in Dec. 2023 was $ -18.6 Mil. Canopy Growth's Interest Expense for the
three
months ended in Dec. 2023 was $ -18.4 Mil.
Canopy Growth 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.
Canopy Growth 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-88.8 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.
Canopy Growth (NAS:CGC) 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.
Canopy Growth's Interest Expense for the
three
months ended in Dec. 2023 was $-18.4 Mil. Its
Operating Income
for the
three
months ended in Dec. 2023 was $-18.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Dec. 2023 was $438.2 Mil.
Canopy Growth's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as
| Canopy Growth 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.
Canopy Growth (Canopy Growth) Business Description
Traded in Other Exchanges
Address
1 Hershey Drive, Smiths Falls, ON, CAN, K7A 0A8
Canopy Growth, headquartered in Smiths Falls, Canada, cultivates and sells medicinal and recreational cannabis, and hemp, through a portfolio of brands that include Doja, 7ACRES, Tweed, and Deep Space. Its non-THC products include sports drink BioSteel, skincare products under This Works, Martha Stewart CBD, and Storz & Bickel vaporizers. Canopy growth is attempting to merge its U.S. assets into a separately operated holding company, Canopy USA, which will not be consolidated into the Canadian company's financials.
Executives
| Theresa Yanofsky |
director |
1 HERSHEY DRIVE, SMITHS FALLS A6 K7A 0A8 |
| David Angelo Lazzarato |
director |
1 HERSHEY DRIVE, SMITHS FALLS A6 K7A 0A8 |
| Judy Schmeling |
director |
C/O HSN, INC., 1 HSN DRIVE, ST.PETERSBURG FL 33729 |
| Hong Judy Eun Joo |
officer: See Remarks |
1 HERSHEY DRIVE, SMITHS FALLS Z4 K7A 0A8 |
| David Eric Klein |
director, officer: Chief Executive Officer |
207 HIGH POINT DRIVE, VICTOR NY 14564 |
| Thomas Carlton Stewart |
officer: See Remarks |
1 HERSHEY DRIVE, SMITHS FALLS A6 K7A 0A8 |
| Christelle Gedeon |
officer: See Remarks |
3 HOLLYHOCK COURT, TORONTO Z4 M3B 0B4 |
| Garth Hankinson |
director |
C/O CONSTELLATION BRANDS, INC., 207 HIGH POINT DRIVE, BLDG. 100, VICTOR NY 14564 |
| Greenstar Ii Holdings Llc |
10 percent owner |
207 HIGH POINT DRIVE, BUILDING 100, VICTOR NY 14564 |
| Greenstar Ii Llc |
10 percent owner |
207 HIGH POINT DRIVE, BUILDING 100, VICTOR NY 14564 |
| Rade Nikola Kovacevic |
officer: President |
1 HERSHEY DRIVE, SMITHS FALLS A6 K7A 0A8 |
| Phillip Stephen Shaer |
officer: Chief Legal Officer |
1 HERSHEY DRIVE, SMITHS FALLS A6 K7A 0A8 |
| Grant Julious C. Jr |
officer: Chief Commercial Officer |
1 HERSHEY DRIVE, SMITHS FALLS A6 K7A 0A8 |
| Sabia James A. Jr. |
director |
C/O CONSTELLATION BRANDS, INC., 207 HIGH POINT DRIVE, BLDG. 100, VICTOR NY 14564 |
| Tomas Iv Shipley |
officer: See Remarks |
1 HERSHEY DRIVE, SMITHS FALLS A6 K7A 0A8 |
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