VRTHF (Indigenous Bloom Hemp) Interest Coverage: No Debt (1) (As of Feb. 2023)


What is Indigenous Bloom Hemp Interest Coverage?

Indigenous Bloom Hemp VRTHF -99.93% Interest Coverage is No Debt (1) as of Feb. 2023.

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. Indigenous Bloom Hemp's Operating Income for the three months ended in Feb. 2023 was $-0.04 Mil. Indigenous Bloom Hemp's Interest Expense for the three months ended in Feb. 2023 was $0.00 Mil. Indigenous Bloom Hemp has no debt. 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 Indigenous Bloom Hemp's Interest Coverage or its related term are showing as below:


VRTHF's Interest Coverage is not ranked *
in the Drug Manufacturers industry.
Industry Median: 12.78
* 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.

Indigenous Bloom Hemp  (OTCPK:VRTHF) 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 .

Indigenous Bloom Hemp Interest Coverage Related Terms

Indigenous Bloom Hemp Interest Coverage Historical Data

* Premium members only.

The historical data trend for Indigenous Bloom Hemp'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.

Indigenous Bloom Hemp Interest Coverage Chart

Indigenous Bloom Hemp Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 May22
Interest Coverage
Get a 7-Day Free Trial Premium Member Only No Debt No Debt No Debt 0.00 0.00

Indigenous Bloom Hemp Quarterly Data
Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Nov21 Feb22 May22 Aug22 Feb23
Interest Coverage 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 0.00 0.00 N/A N/A No Debt

VRTHF vs ZTS: Interest Coverage Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Indigenous Bloom Hemp'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.

Indigenous Bloom Hemp Interest Coverage vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Indigenous Bloom Hemp's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Indigenous Bloom Hemp's Interest Coverage falls into.


Indigenous Bloom Hemp 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.

Indigenous Bloom Hemp's Interest Coverage for the fiscal year that ended in May. 2022 is calculated as

Here, for the fiscal year that ended in May. 2022, Indigenous Bloom Hemp's Interest Expense was $-0.01 Mil. Its Operating Income was $-0.50 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.01 Mil.

Indigenous Bloom Hemp did not have earnings to cover the interest expense.

Indigenous Bloom Hemp's Interest Coverage for the quarter that ended in Feb. 2023 is calculated as

Here, for the three months ended in Feb. 2023, Indigenous Bloom Hemp's Interest Expense was $0.00 Mil. Its Operating Income was $-0.04 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Indigenous Bloom Hemp had no debt (1).

* 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 No Debt <sup>(1)</sup> mean?
Indigenous Bloom Hemp (VRTHF) has a Interest Coverage of No Debt (1) as of Feb. 2023. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Indigenous Bloom Hemp and its competitors.
Is Indigenous Bloom Hemp's Interest Coverage too high?
Indigenous Bloom Hemp's current Interest Coverage is No Debt (1).
How does Indigenous Bloom Hemp's Interest Coverage compare to ZTS?
Indigenous Bloom Hemp's Interest Coverage of No Debt (1) can be compared against companies in the Drug Manufacturers industry. The industry median Interest Coverage is 12.78. 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 12.78, based on 685 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 Indigenous Bloom Hemp and its competitors. For the Drug Manufacturers industry, the median Interest Coverage is 12.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indigenous Bloom Hemp's current Interest Coverage is No Debt (1). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indigenous Bloom Hemp stock overvalued right now?
Indigenous Bloom Hemp (VRTHF) has a current Interest Coverage of No Debt (1). The current Interest Coverage is No Debt (1). 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 Indigenous Bloom Hemp (VRTHF), the current Interest Coverage is No Debt (1) as of Feb. 2023. 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.

Indigenous Bloom Hemp Business Description

Address c/o 3200 650 West Georgia Street, Vancouver, BC, CAN, V6B 4P7
Indigenous Bloom Hemp Corp is in business to produce and sell hemp extracts.