HCANF (Halo Collective) Interest Expense: $-1.03 Mil (TTM As of Jun. 2023)


HCANF Halo Collective Inc HCANF
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What is Halo Collective Interest Expense?

Halo Collective HCANF -99.00% 12 Interest Expense is $-1.03 Mil as of Jun. 2023. GuruFocus rates HCANF with a GF Score™ of 12/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Halo Collective's interest expense for the three months ended in Jun. 2023 was $ -0.23 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was $-1.03 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. Halo Collective's Operating Income for the three months ended in Jun. 2023 was $ -2.01 Mil. Halo Collective's Interest Expense for the three months ended in Jun. 2023 was $ -0.23 Mil. Halo Collective 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.

Halo Collective  (OTCPK:HCANF) 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.

Halo Collective's Interest Expense for the three months ended in Jun. 2023 was $-0.23 Mil. Its Operating Income for the three months ended in Jun. 2023 was $-2.01 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2023 was $12.26 Mil.

Halo Collective's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Halo Collective 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.

Halo Collective Interest Expense Historical Data

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The historical data trend for Halo Collective'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.

Halo Collective Interest Expense Chart

Halo Collective Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Dec19 Dec20 Dec21 Dec22
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 -1.13 -1.45 -2.64 -3.14

Halo Collective Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.75 -0.51 -0.05 -0.23 -0.23
HCANF
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Halo Collective Inc HCANF
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Halo Collective 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 Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.03 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 $-1.03 Mil mean?
Halo Collective (HCANF) has a Interest Expense of $-1.03 Mil as of Jun. 2023. Interest Expense is the amount a company pays on its long-term debt. View historical data on Halo Collective and its competitors.
Is Halo Collective's Interest Expense too high?
Halo Collective's current Interest Expense is $-1.03 Mil. Overall, Halo Collective has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Halo Collective's Interest Expense compare to INLB and BGPPF?
Halo Collective's Interest Expense of $-1.03 Mil can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Interest Expense depends on the Drug Manufacturers 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 Halo Collective and its competitors. Halo Collective's current Interest Expense is $-1.03 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Halo Collective stock overvalued right now?
Halo Collective (HCANF) has a current Interest Expense of $-1.03 Mil. The current Interest Expense is $-1.03 Mil. Halo Collective's overall GF Score™ is 12/100. 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 Halo Collective (HCANF), the current Interest Expense is $-1.03 Mil as of Jun. 2023. 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.

Halo Collective Business Description

Address 550 Burrard Street, Suite 2300, Vancouver, BC, CAN, V6C 2B5
Halo Collective Inc is a cannabis extraction company. It is engaged in manufacturing cannabis oil and concentrates and distributing cannabis products for recreational use in the states of Oregon, Nevada and California.
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