HempAmericana (HempAmericana) Interest Expense : $ Mil (TTM As of Nov. 2014)

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What is HempAmericana Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. HempAmericana's interest expense for the three months ended in Nov. 2014 was $ 0.00 Mil. HempAmericana does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Nov. 2014.

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. HempAmericana's Operating Income for the three months ended in Nov. 2014 was $ -0.01 Mil. HempAmericana's Interest Expense for the three months ended in Nov. 2014 was $ 0.00 Mil. HempAmericana has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

HempAmericana Interest Expense Historical Data

The historical data trend for HempAmericana'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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HempAmericana Interest Expense Chart

HempAmericana Annual Data

Trend

Interest Expense

HempAmericana Quarterly Data
	May14	Aug14	Nov14
Interest Expense	-	-	-

HempAmericana Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

HempAmericana (OTCPK:HMPQ) 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.

HempAmericana's Interest Expense for the three months ended in Nov. 2014 was $0.00 Mil. Its Operating Income for the three months ended in Nov. 2014 was $-0.01 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Nov. 2014 was $0.00 Mil.

HempAmericana's Interest Coverage for the quarter that ended in Nov. 2014 is calculated as

HempAmericana had no long-term debt ⁽¹⁾.

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

HempAmericana (HempAmericana) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

78 Reade Street, 4th Floor, New York City, NY, USA, 10007

Website

https://hempamericana.com

HempAmericana Inc is a development stage company. The company is engaged in the research and development of hemp-based products such as cannabinol(CBD) isolate and oil through developing its hemp growing farms, hemp processing factories, and hemp-product distribution facilities.