GNRSQ (The Greenrose Holding Co) Interest Coverage: 0 (At Loss) (As of Sep. 2022)


What is The Greenrose Holding Co Interest Coverage?

The Greenrose Holding Co GNRSQ -99.00% Interest Coverage is 0 (At Loss) as of Sep. 2022.

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 by its Interest Expense. The Greenrose Holding Co's Operating Income for the three months ended in Sep. 2022 was $-6.00 Mil. The Greenrose Holding Co's Interest Expense for the three months ended in Sep. 2022 was $-9.71 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

(1) Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

The historical rank and industry rank for The Greenrose Holding Co's Interest Coverage or its related term are showing as below:


GNRSQ's Interest Coverage is not ranked *
in the Drug Manufacturers industry.
Industry Median: 12.75
* Ranked among companies with meaningful Interest Coverage only.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

The Greenrose Holding Co  (OTCPK:GNRSQ) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .

The Greenrose Holding Co Interest Coverage Related Terms

The Greenrose Holding Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for The Greenrose Holding Co's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

The Greenrose Holding Co Interest Coverage Chart

The Greenrose Holding Co Annual Data
Trend Dec19 Dec20 Dec21
Interest Coverage
No Debt 153.08 No Debt

The Greenrose Holding Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 54.69 No Debt 0.00 0.00 0.00

GNRSQ vs STLY, BLMS, WECT: Interest Coverage Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, The Greenrose Holding Co's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

The Greenrose Holding Co Interest Coverage vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, The Greenrose Holding Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where The Greenrose Holding Co's Interest Coverage falls into.


The Greenrose Holding Co Interest Coverage Calculation

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:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

The Greenrose Holding Co's Interest Coverage for the fiscal year that ended in Dec. 2021 is calculated as

Here, for the fiscal year that ended in Dec. 2021, The Greenrose Holding Co's Interest Expense was $0.00 Mil. Its Operating Income was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

The Greenrose Holding Co had no debt (1).

The Greenrose Holding Co's Interest Coverage for the quarter that ended in Sep. 2022 is calculated as

Here, for the three months ended in Sep. 2022, The Greenrose Holding Co's Interest Expense was $-9.71 Mil. Its Operating Income was $-6.00 Mil. And its Long-Term Debt & Capital Lease Obligation was $9.57 Mil.

The Greenrose Holding 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0 (At Loss) mean?
The Greenrose Holding Co (GNRSQ) has a Interest Coverage of 0 (At Loss) as of Sep. 2022. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on The Greenrose Holding Co and its competitors.
Is The Greenrose Holding Co's Interest Coverage too high?
The Greenrose Holding Co's current Interest Coverage is 0 (At Loss).
How does The Greenrose Holding Co's Interest Coverage compare to STLY and BLMS?
The Greenrose Holding Co's Interest Coverage of 0 (At Loss) can be compared against companies in the Drug Manufacturers industry. The industry median Interest Coverage is 12.75. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Drug Manufacturers company?
The median Interest Coverage among Drug Manufacturers companies is 12.75, based on 687 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on The Greenrose Holding Co and its competitors. For the Drug Manufacturers industry, the median Interest Coverage is 12.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Greenrose Holding Co's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Greenrose Holding Co stock overvalued right now?
The Greenrose Holding Co (GNRSQ) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For The Greenrose Holding Co (GNRSQ), the current Interest Coverage is 0 (At Loss) as of Sep. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

The Greenrose Holding Co Business Description

Other Exchanges GNRUQ:USA
Address 111 Broadway, Amityville, NY, USA, 11701
The Greenrose Holding Co is engaged in the manufacture and processing of cannabis in the adult-use and medical cannabis marketplace in Connecticut and Arizona.