GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » CRAFT 1861 Global Holdings Inc (OTCPK:BGPPF) » Definitions » Interest Expense

CRAFT 1861 Global Holdings (CRAFT 1861 Global Holdings) Interest Expense : $-0.95 Mil (TTM As of Sep. 2023)


View and export this data going back to 2023. Start your Free Trial

What is CRAFT 1861 Global Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. CRAFT 1861 Global Holdings's interest expense for the three months ended in Sep. 2023 was $ -1.22 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $-0.95 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. CRAFT 1861 Global Holdings's Operating Income for the three months ended in Sep. 2023 was $ -8.63 Mil. CRAFT 1861 Global Holdings's Interest Expense for the three months ended in Sep. 2023 was $ -1.22 Mil. CRAFT 1861 Global 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.


CRAFT 1861 Global Holdings Interest Expense Historical Data

The historical data trend for CRAFT 1861 Global 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.

CRAFT 1861 Global Holdings Interest Expense Chart

CRAFT 1861 Global Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Interest Expense
-0.56 -0.63 -0.01 -0.51

CRAFT 1861 Global Holdings Quarterly Data
Dec19 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.49 0.72 -0.22 -0.24 -1.22

CRAFT 1861 Global 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.95 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.


CRAFT 1861 Global Holdings  (OTCPK:BGPPF) 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.

CRAFT 1861 Global Holdings's Interest Expense for the three months ended in Sep. 2023 was $-1.22 Mil. Its Operating Income for the three months ended in Sep. 2023 was $-8.63 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was $0.15 Mil.

CRAFT 1861 Global Holdings's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

CRAFT 1861 Global 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.


CRAFT 1861 Global Holdings (CRAFT 1861 Global Holdings) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
100 Sun Avenue NE, Suite 650, Albuquerque, NM, USA, 87109
CRAFT 1861 Global Holdings Inc is a health and wellness company in the cannabinoid space. The company operates within the non-psychoactive, hemp-derived cannabidiol (CBD) market with consumer-packaged goods containing zero THC.

CRAFT 1861 Global Holdings (CRAFT 1861 Global Holdings) Headlines

No Headlines