GRAM (Gold Flora) Interest Expense: $-17.4 Mil (TTM As of Sep. 2024)


What is Gold Flora Interest Expense?

Gold Flora GRAM -90.00% Interest Expense is $-17.4 Mil as of Sep. 2024.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Gold Flora's interest expense for the three months ended in Sep. 2024 was $ -5.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-17.4 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. Gold Flora's Operating Income for the three months ended in Sep. 2024 was $ -9.5 Mil. Gold Flora's Interest Expense for the three months ended in Sep. 2024 was $ -5.1 Mil. Gold Flora 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.

Gold Flora  (OTCPK:GRAM) 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.

Gold Flora's Interest Expense for the three months ended in Sep. 2024 was $-5.1 Mil. Its Operating Income for the three months ended in Sep. 2024 was $-9.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $133.3 Mil.

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

Gold Flora 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.

Gold Flora Interest Expense Historical Data

* Premium members only.

The historical data trend for Gold Flora'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.

Gold Flora Interest Expense Chart

Gold Flora Annual Data
Trend Dec22 Dec23
Interest Expense
-20.71 -19.64

Gold Flora Quarterly Data
Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Interest Expense Get a 7-Day Free Trial Premium Member Only -6.83 -3.26 -4.33 -4.71 -5.05

Gold Flora 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-17.4 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 $-17.4 Mil mean?
Gold Flora (GRAM) has a Interest Expense of $-17.4 Mil as of Sep. 2024. Interest Expense is the amount a company pays on its long-term debt. View historical data on Gold Flora and its competitors.
Is Gold Flora's Interest Expense too high?
Gold Flora's current Interest Expense is $-17.4 Mil.
How does Gold Flora's Interest Expense compare to PM and MO?
Gold Flora's Interest Expense of $-17.4 Mil can be compared against companies in the Tobacco Products 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 Tobacco Products company?
A good Interest Expense depends on the Tobacco Products 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 Gold Flora and its competitors. Gold Flora's current Interest Expense is $-17.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gold Flora stock overvalued right now?
Gold Flora (GRAM) has a current Interest Expense of $-17.4 Mil. The current Interest Expense is $-17.4 Mil. 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 Gold Flora (GRAM), the current Interest Expense is $-17.4 Mil as of Sep. 2024. 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.

Gold Flora Business Description

Address 3165 Red Hill Avenue, Costa Mesa, CA, USA, 92626
Gold Flora Corp is one of the few cannabis brands that is vertically integrated and woman-owned and operated. Gold Flora started with a mission to provide an easy and consistent way for consumers to enjoy cannabis. After years of hard work and a shared passion for the plant, Gold Flora has become a California powerhouse - with cultivation, manufacturing, extraction, distribution, retail, and a portfolio of brands that create an array of superior products that make a difference in people's lives. Its products include disposable vape pens and gold flora flowers.