GSRX Industries (GSRX Industries) Interest Expense : $0.00 Mil (TTM As of Sep. 2020)

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What is GSRX Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. GSRX Industries's interest expense for the three months ended in Sep. 2020 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2020 was $0.00 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. GSRX Industries's Operating Income for the three months ended in Sep. 2020 was $ -1.97 Mil. GSRX Industries's Interest Expense for the three months ended in Sep. 2020 was $ 0.00 Mil. GuruFocus does not calculate GSRX Industries's interest coverage with the available data. 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.

GSRX Industries Interest Expense Historical Data

The historical data trend for GSRX Industries'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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GSRX Industries Interest Expense Chart

GSRX Industries Annual Data

Trend

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Interest Expense

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-0.02

-0.03

GSRX Industries Quarterly Data
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Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-

GSRX Industries 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. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

GSRX Industries (OTCPK:GSRX) 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.

GSRX Industries's Interest Expense for the three months ended in Sep. 2020 was $0.00 Mil. Its Operating Income for the three months ended in Sep. 2020 was $-1.97 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2020 was $1.09 Mil.

GSRX Industries's Interest Coverage for the quarter that ended in Sep. 2020 is calculated as

GuruFocus does not calculate GSRX Industries's interest coverage with the available data.

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

GSRX Industries (GSRX Industries) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

Building No. 3, int. Jose Efron Avenue, P.R. 606, Dorado, PRI, 00646

Website

http://www.greenspiritrx.com

GSRX Industries Inc is a vertically integrated retail, production, and cultivation firm which provides unique medical and adult-use cannabis products. The dispensaries are located in Puerto Rico and California. The company generates revenue by selling medical cannabis, edibles, and paraphernalia, including, oils, lotions, THC pills, vaporizers, rigs, grinders, t-shirts, hats, logo items, and bongs and pipes with a vaporizer. Its geographical segments include California, Tennessee, Texas, and Puerto Rico, out of which a vast majority is generated from Puerto Rico.

Executives

Geoffrey Alison	director, officer: President and Secretary	122 OCEAN PARK BLVD., SUITE 307, SANTA MONICA CA 90405
Fountainhead Capital Management Ltd	10 percent owner	PORTMAN HOUSE HUE STREET, ST HELIER, JERSEY CHANNEL ISLANDS X0 JE45RP
Henry C. Casden	director, officer: CEO	74090 EL PASEO SUITE 205 PALM DESERT CA 92260