Jushi Holdings (Jushi Holdings) Interest Expense : $-38.2 Mil (TTM As of Mar. 2024)

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What is Jushi Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Jushi Holdings's interest expense for the three months ended in Mar. 2024 was $ -9.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-38.2 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. Jushi Holdings's Operating Income for the three months ended in Mar. 2024 was $ 4.1 Mil. Jushi Holdings's Interest Expense for the three months ended in Mar. 2024 was $ -9.6 Mil. Jushi Holdings's Interest Coverage for the quarter that ended in Mar. 2024 was 0.43. 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.

Jushi Holdings Interest Expense Historical Data

The historical data trend for Jushi Holdings'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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Jushi Holdings Interest Expense Chart

Jushi Holdings Annual Data

Trend

Feb14

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Dec23

Interest Expense

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-15.56

-30.85

-45.73

-37.06

Jushi Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-8.52	-9.80	-9.38	-9.36	-9.65

Jushi Holdings 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-38.2 Mil.

Jushi Holdings (OTCPK:JUSHF) 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.

Jushi Holdings's Interest Expense for the three months ended in Mar. 2024 was $-9.6 Mil. Its Operating Income for the three months ended in Mar. 2024 was $4.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $179.5 Mil.

Jushi Holdings's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	4.119	/	-9.648
	=	0.43

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Jushi Holdings Incs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Jushi Holdings (Jushi Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Jushi Holdings Inc (OTCPK:JUSHF) » Definitions » Interest Expense

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JUSH:Canada

Address

301 Yamato Road, Suite 3250, Boca Raton, FL, USA, 33431

Website

https://www.jushico.com

Jushi Holdings Inc is a vertically integrated multi-state cannabis and hemp operator across the United States. The company operates a diverse portfolio of branded cannabis and hemp-derived assets, built upon opportunistic acquisitions, distressed deals and competitive applications. Operating under the Jushi umbrella is the BEYOND / HELLO retail brand of cannabis dispensaries, hemp-based CBD brand, Nira, including its brands, The Lab: Concentrates and The Bank: Flower + Genetics, as well as its precision formulated line of medical cannabis products Nira Plus. Jushi strives to maximize shareholder value while delivering high premium products across all levels of the cannabis and hemp ecosystem.