CANL (CannLabs) Interest Expense : $-0.09 Mil (TTM As of Mar. 2015)

View and export this data going back to 2010. Start your Free Trial

What is CannLabs Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. CannLabs's interest expense for the three months ended in Mar. 2015 was $ -0.05 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2015 was $-0.09 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. CannLabs's Operating Income for the three months ended in Mar. 2015 was $ -1.22 Mil. CannLabs's Interest Expense for the three months ended in Mar. 2015 was $ -0.05 Mil. CannLabs 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.

CannLabs Interest Expense Historical Data

The historical data trend for CannLabs'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.

CannLabs Interest Expense Chart

CannLabs Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Interest Expense

Get a 7-Day Free Trial

-0.05

CannLabs Quarterly Data
	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15
Interest Expense	Get a 7-Day Free Trial															-0.01	-0.01	-0.02	-0.02	-0.05

CannLabs 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 Mar. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.09 Mil.

CannLabs (OTCPK:CANL) Interest Expense Explanation

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

CannLabs's Interest Expense for the three months ended in Mar. 2015 was $-0.05 Mil. Its Operating Income for the three months ended in Mar. 2015 was $-1.22 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2015 was $1.83 Mil.

CannLabs's Interest Coverage for the quarter that ended in Mar. 2015 is calculated as

CannLabs did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

CannLabs Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » CannLabs Inc (OTCPK:CANL) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

519 N. Sam Houston Parkway E., Suite 500, Houston, TX, USA, 77060

Website

https://www.cannlabs.net

CannLabs Inc is based in Houston Texas and is a diversified inventory blockchain platform company. The company also has an entertainment division which also includes ownership of a Private Label Apparel line (Colorblind). The company is involved in four sectors: Manufacturing, Apparel, Music, and Video Game Design.

CannLabs Headlines

From GuruFocus

CannLabs, Inc's 2021 Annual General Meeting Announcement

By PRNewswire PRNewswire • 12-07-2021