Kanabo Group (LSE:KNB) Interest Expense : £-0.20 Mil (TTM As of Dec. 2023)

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What is Kanabo Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Kanabo Group's interest expense for the six months ended in Dec. 2023 was £ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was £-0.20 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. Kanabo Group's Operating Income for the six months ended in Dec. 2023 was £ -1.85 Mil. Kanabo Group's Interest Expense for the six months ended in Dec. 2023 was £ 0.00 Mil. GuruFocus does not calculate Kanabo Group'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.

Kanabo Group Interest Expense Historical Data

The historical data trend for Kanabo Group'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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Kanabo Group Interest Expense Chart

Kanabo Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.05

-0.06

-0.05

Kanabo Group Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial								-	-0.06	-0.01	-0.20	-

Kanabo Group 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.20 Mil.

Kanabo Group (LSE:KNB) 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.

Kanabo Group's Interest Expense for the six months ended in Dec. 2023 was £0.00 Mil. Its Operating Income for the six months ended in Dec. 2023 was £-1.85 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was £0.14 Mil.

Kanabo Group's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

GuruFocus does not calculate Kanabo Group's interest coverage with the available data.

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

Kanabo Group (LSE:KNB) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Kanabo Group PLC (LSE:KNB) » Definitions » Interest Expense

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3WD:Germany

Address

137-139 Brent Street, Churchill House, London, GBR, NW4 4DJ

Website

https://www.kanabogroup.com

Kanabo Group PLC is a research and development company engaged in selling a range of THC-Free retail CBD products in the markets and it is in the process of developing medical cannabis products. Its reportable segments include Primary Care and Secondary Care. The Primary Care segment includes Tele pharma services provided by GPS and The Secondary Care segment includes the development and distribution of cannabis-derived medical and wellness products. Geographically company has a presence in the United Kingdom, Israel, and others.

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