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HEXO (TSX:HEXO) Interest Expense : C$-8.4 Mil (TTM As of Apr. 2023)


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What is HEXO Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. HEXO's interest expense for the three months ended in Apr. 2023 was C$ -0.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Apr. 2023 was C$-8.4 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. HEXO's Operating Income for the three months ended in Apr. 2023 was C$ -27.1 Mil. HEXO's Interest Expense for the three months ended in Apr. 2023 was C$ -0.3 Mil. HEXO 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.


HEXO Interest Expense Historical Data

The historical data trend for HEXO'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.

HEXO Interest Expense Chart

HEXO Annual Data
Trend Sep14 Sep15 Sep16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22
Interest Expense
Get a 7-Day Free Trial Premium Member Only -1.53 -0.47 -10.04 -32.12 -20.07

HEXO Quarterly Data
Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23
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 -5.15 -4.37 -2.47 -1.26 -0.30

HEXO 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 Apr. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-8.4 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.


HEXO  (TSX:HEXO) 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.

HEXO's Interest Expense for the three months ended in Apr. 2023 was C$-0.3 Mil. Its Operating Income for the three months ended in Apr. 2023 was C$-27.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Apr. 2023 was C$1.1 Mil.

HEXO's Interest Coverage for the quarter that ended in Apr. 2023 is calculated as

HEXO 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.


HEXO (TSX:HEXO) Business Description

Traded in Other Exchanges
N/A
Address
120 de la Rive Road, Gatineau, QC, CAN, J8M 1V2
HEXO Corp is engaged in producing and selling cannabis and cannabis products. The company is focused on smoke-free and traditional cannabis products. The firm's products include dried flowers, oils, and vapes. It generates its revenue from various sources such as Beverage Based Adult-Use Sales, Medical, Wholesale and International sales.