APPB (Applied Biosciences) Interest Expense: $-0.23 Mil (TTM As of Dec. 2019)


APPB Applied Biosciences Corp APPB
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What is Applied Biosciences Interest Expense?

Applied Biosciences APPB 12 Interest Expense is $-0.23 Mil as of Dec. 2019. GuruFocus rates APPB with a GF Score™ of 12/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Applied Biosciences's interest expense for the three months ended in Dec. 2019 was $ -0.09 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2019 was $-0.23 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. Applied Biosciences's Operating Income for the three months ended in Dec. 2019 was $ -0.97 Mil. Applied Biosciences's Interest Expense for the three months ended in Dec. 2019 was $ -0.09 Mil. Applied Biosciences 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.


Applied Biosciences  (OTCPK:APPB) 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.

Applied Biosciences's Interest Expense for the three months ended in Dec. 2019 was $-0.09 Mil. Its Operating Income for the three months ended in Dec. 2019 was $-0.97 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2019 was $0.26 Mil.

Applied Biosciences's Interest Coverage for the quarter that ended in Dec. 2019 is calculated as

Applied Biosciences 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.


Applied Biosciences Interest Expense Historical Data

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The historical data trend for Applied Biosciences'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.

Applied Biosciences Interest Expense Chart

Applied Biosciences Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18
Interest Expense
0.00 0.00 0.00 0.00 0.00

Applied Biosciences Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 -0.51 -0.07 -0.03 -0.04 -0.09
APPB
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Applied Biosciences Corp APPB
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Applied Biosciences 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. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.23 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-0.23 Mil mean?
Applied Biosciences (APPB) has a Interest Expense of $-0.23 Mil as of Dec. 2019. Interest Expense is the amount a company pays on its long-term debt. View historical data on Applied Biosciences and its competitors.
Is Applied Biosciences' Interest Expense too high?
Applied Biosciences' current Interest Expense is $-0.23 Mil. Overall, Applied Biosciences has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Applied Biosciences' Interest Expense compare to CNABQ and OWCP?
Applied Biosciences' Interest Expense of $-0.23 Mil can be compared against companies in the Drug Manufacturers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Drug Manufacturers company?
A good Interest Expense depends on the Drug Manufacturers industry context. However, Interest Expense 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 Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Applied Biosciences and its competitors. Applied Biosciences's current Interest Expense is $-0.23 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Applied Biosciences stock overvalued right now?
Applied Biosciences (APPB) has a current Interest Expense of $-0.23 Mil. The current Interest Expense is $-0.23 Mil. Applied Biosciences' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Applied Biosciences (APPB), the current Interest Expense is $-0.23 Mil as of Dec. 2019. 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.

Applied Biosciences Business Description

Address 112 North Curry Street, 18th Floor, Carson, NY, USA, 89703
Applied Biosciences Corp is a vertically integrated company focused on the development and commercialization of novel, science-driven, synthetic cannabinoid therapeutics / biopharmaceuticals that target the endocannabinoid system to treat a wide-range of diseases across multiple therapeutic areas. The company also deliver high-quality consumer and OTC THC-free CBD products that promote overall health and wellbeing as well as state-of-the-art testing and analytics capabilities to its customers.
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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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