Flora Growth (FRA:7301) Interest Expense : €-0.22 Mil (TTM As of Dec. 2024)

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What is Flora Growth Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Flora Growth's interest expense for the three months ended in Dec. 2024 was € -0.18 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was €-0.22 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. Flora Growth's Operating Income for the three months ended in Dec. 2024 was € -4.79 Mil. Flora Growth's Interest Expense for the three months ended in Dec. 2024 was € -0.18 Mil. Flora Growth 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.

Flora Growth Interest Expense Historical Data

The historical data trend for Flora Growth'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.

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Flora Growth Interest Expense Chart

Flora Growth Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-0.03

-0.08

-0.20

Flora Growth Quarterly Data
	Jun19	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial														-0.02	-0.02	-	-0.02	-0.18

Flora Growth 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.22 Mil.

Flora Growth (FRA:7301) 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.

Flora Growth's Interest Expense for the three months ended in Dec. 2024 was €-0.18 Mil. Its Operating Income for the three months ended in Dec. 2024 was €-4.79 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was €1.94 Mil.

Flora Growth's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Flora Growth did not have earnings to cover the interest expense.

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

Flora Growth Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Flora Growth Corp (FRA:7301) » Definitions » Interest Expense

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FLGC:USA 7301:Germany

Address

3230 W. Commercial Boulevard, Suite 180, Fort Lauderdale, FL, USA, 33309

Website

https://www.floragrowth.com

Flora Growth Corp is a multi-national cannabis company that manufactures and distributes consumer packaged goods, cultivates and distributes medicinal cannabis, and distributes pharmaceutical products. Its reportable segments are: the commercial and wholesale segment (FGH and Cosechemos subsidiaries) and the house of brands segment (JustCBD, Vessel, and Kasa Wholefoods Company subsidiaries). Geographically, the company generates revenue from the United States, Germany, Australia, and the United Kingdom. It generates revenue as a distributor of pharmaceutical goods, and a manufacturer and reseller of a range of cannabis-based and complementary products.

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