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Cannabis Bioscience International Holdings (Cannabis Bioscience International Holdings) Interest Expense : $-0.04 Mil (TTM As of Nov. 2023)


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What is Cannabis Bioscience International Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Cannabis Bioscience International Holdings's interest expense for the six months ended in Nov. 2023 was $ -0.04 Mil. Its interest expense for the trailing twelve months (TTM) ended in Nov. 2023 was $-0.04 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. Cannabis Bioscience International Holdings's Operating Income for the six months ended in Nov. 2023 was $ -0.27 Mil. Cannabis Bioscience International Holdings's Interest Expense for the six months ended in Nov. 2023 was $ -0.04 Mil. Cannabis Bioscience International 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.


Cannabis Bioscience International Holdings Interest Expense Historical Data

The historical data trend for Cannabis Bioscience International 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.

Cannabis Bioscience International Holdings Interest Expense Chart

Cannabis Bioscience International Holdings Annual Data
Trend Dec06 Dec07 May09 May10 May11
Interest Expense
- - - -0.16 -0.37

Cannabis Bioscience International Holdings Semi-Annual Data
Dec06 Jun07 Dec07 Jun08 May09 Nov09 May10 Nov10 May11 Nov11 Nov22 Nov23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.10 -0.26 -0.01 -0.05 -0.04

Cannabis Bioscience International 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 Nov. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.04 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.


Cannabis Bioscience International Holdings  (OTCPK:CBIH) 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.

Cannabis Bioscience International Holdings's Interest Expense for the six months ended in Nov. 2023 was $-0.04 Mil. Its Operating Income for the six months ended in Nov. 2023 was $-0.27 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Nov. 2023 was $0.28 Mil.

Cannabis Bioscience International Holdings's Interest Coverage for the quarter that ended in Nov. 2023 is calculated as

Cannabis Bioscience International 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.


Cannabis Bioscience International Holdings (Cannabis Bioscience International Holdings) Business Description

Traded in Other Exchanges
N/A
Address
6201 Bonhomme Road, Suite 466S, Houston, TX, USA, 77036
Cannabis Bioscience International Holdings Inc is engaged in providing educational systems relating to cannabis and services in therapeutic areas. of clinical trials and services relating to sleep disorders through its sleep center in Houston, Texas. The Company generates revenue from multiple streams, namely, clinical trials, consulting fees, video courses, seminars, royalties, and merchandise sales. The company generates the majority of its revenue from clinical trials.

Cannabis Bioscience International Holdings (Cannabis Bioscience International Holdings) Headlines

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