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AAWH (Ascend Wellness Holdings) Interest Expense : $-36.6 Mil (TTM As of Sep. 2024)


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What is Ascend Wellness Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ascend Wellness Holdings's interest expense for the three months ended in Sep. 2024 was $ -11.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-36.6 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. Ascend Wellness Holdings's Operating Income for the three months ended in Sep. 2024 was $ -2.4 Mil. Ascend Wellness Holdings's Interest Expense for the three months ended in Sep. 2024 was $ -11.0 Mil. Ascend Wellness 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.


Ascend Wellness Holdings Interest Expense Historical Data

The historical data trend for Ascend Wellness 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.

Ascend Wellness Holdings Interest Expense Chart

Ascend Wellness Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
-6.48 -12.99 -57.35 -30.26 -36.98

Ascend Wellness Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -8.96 -8.57 -8.54 -8.54 -11.01

Ascend Wellness 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-36.6 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.


Ascend Wellness Holdings  (OTCPK:AAWH) 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.

Ascend Wellness Holdings's Interest Expense for the three months ended in Sep. 2024 was $-11.0 Mil. Its Operating Income for the three months ended in Sep. 2024 was $-2.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $499.6 Mil.

Ascend Wellness Holdings's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Ascend Wellness 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.


Ascend Wellness Holdings Business Description

Traded in Other Exchanges
Address
1411 Broadway, 16th Floor, New York, NY, USA, 10018
Ascend Wellness Holdings Inc is a vertically integrated multi-state operator focused on adult-use or near-term adult-use cannabis states in limited licenses markets. The company's core business is the cultivation, manufacturing, and distribution of cannabis consumer packaged goods, which it sells through company-owned retail stores and third-party licensed cannabis retail stores. It generates maximum revenue from the retail product segment.