HPMM (Hemp Naturals) Interest Expense: $-0.47 Mil (TTM As of Nov. 2018)


What is Hemp Naturals Interest Expense?

Hemp Naturals HPMM -95.00% Interest Expense is $-0.47 Mil as of Nov. 2018.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hemp Naturals's interest expense for the three months ended in Nov. 2018 was $ -0.37 Mil. Its interest expense for the trailing twelve months (TTM) ended in Nov. 2018 was $-0.47 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. Hemp Naturals's Operating Income for the three months ended in Nov. 2018 was $ -0.83 Mil. Hemp Naturals's Interest Expense for the three months ended in Nov. 2018 was $ -0.37 Mil. Hemp Naturals 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.

Hemp Naturals  (OTCPK:HPMM) 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.

Hemp Naturals's Interest Expense for the three months ended in Nov. 2018 was $-0.37 Mil. Its Operating Income for the three months ended in Nov. 2018 was $-0.83 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Nov. 2018 was $0.00 Mil.

Hemp Naturals's Interest Coverage for the quarter that ended in Nov. 2018 is calculated as

Hemp Naturals 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.

Hemp Naturals Interest Expense Historical Data

* Premium members only.

The historical data trend for Hemp Naturals'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.

Hemp Naturals Interest Expense Chart

Hemp Naturals Annual Data
Trend Nov15 Nov16 Nov17 Nov18
Interest Expense
0.00 0.00 0.00 -0.47

Hemp Naturals Quarterly Data
Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 -0.07 -0.02 -0.37

Hemp Naturals 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 Nov. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.47 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 $-0.47 Mil mean?
Hemp Naturals (HPMM) has a Interest Expense of $-0.47 Mil as of Nov. 2018. Interest Expense is the amount a company pays on its long-term debt. View historical data on Hemp Naturals and its competitors.
Is Hemp Naturals' Interest Expense too high?
Hemp Naturals' current Interest Expense is $-0.47 Mil.
How does Hemp Naturals' Interest Expense compare to RDGL and NBGV?
Hemp Naturals' Interest Expense of $-0.47 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 Hemp Naturals and its competitors. Hemp Naturals's current Interest Expense is $-0.47 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hemp Naturals stock overvalued right now?
Hemp Naturals (HPMM) has a current Interest Expense of $-0.47 Mil. The current Interest Expense is $-0.47 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 Hemp Naturals (HPMM), the current Interest Expense is $-0.47 Mil as of Nov. 2018. 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.

Hemp Naturals Business Description

Address 7441 Route 9, Plattsburgh, NY, USA, 12901
Hemp Naturals Inc is a developmental stage company that plans to research, develop, acquire, and sell products made of industrial hemp. Its product offerings include a wide range of nutritional hemp health supplements, hemp drinks and foods, and beauty supply products.