MDRNF (Modern Plant Based Foods) Interest Expense: $-0.18 Mil (TTM As of Feb. 2026)


What is Modern Plant Based Foods Interest Expense?

Modern Plant Based Foods MDRNF Interest Expense is $-0.18 Mil as of Feb. 2026. The stock has 4 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Modern Plant Based Foods's interest expense for the three months ended in Feb. 2026 was $ -0.06 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2026 was $-0.18 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. Modern Plant Based Foods's Operating Income for the three months ended in Feb. 2026 was $ -0.05 Mil. Modern Plant Based Foods's Interest Expense for the three months ended in Feb. 2026 was $ -0.06 Mil. Modern Plant Based Foods 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.

Modern Plant Based Foods  (OTCPK:MDRNF) 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.

Modern Plant Based Foods's Interest Expense for the three months ended in Feb. 2026 was $-0.06 Mil. Its Operating Income for the three months ended in Feb. 2026 was $-0.05 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2026 was $0.00 Mil.

Modern Plant Based Foods's Interest Coverage for the quarter that ended in Feb. 2026 is calculated as

Modern Plant Based Foods 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.

Modern Plant Based Foods Interest Expense Historical Data

* Premium members only.

The historical data trend for Modern Plant Based Foods'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.

Modern Plant Based Foods Interest Expense Chart

Modern Plant Based Foods Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.04 -0.04 -0.02 -0.08 -0.15

Modern Plant Based Foods Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 -0.04 -0.04 -0.04 -0.04 -0.06

Modern Plant Based Foods 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 Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.18 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 $-0.18 Mil mean?
Modern Plant Based Foods (MDRNF) has a Interest Expense of $-0.18 Mil as of Feb. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Modern Plant Based Foods and its competitors.
Is Modern Plant Based Foods' Interest Expense too high?
Modern Plant Based Foods' current Interest Expense is $-0.18 Mil.
How does Modern Plant Based Foods' Interest Expense compare to KHC and GIS?
Modern Plant Based Foods' Interest Expense of $-0.18 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Interest Expense depends on the Consumer Packaged Goods 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 Modern Plant Based Foods and its competitors. Modern Plant Based Foods's current Interest Expense is $-0.18 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modern Plant Based Foods stock overvalued right now?
Based on GuruFocus' analysis, Modern Plant Based Foods (MDRNF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.11, compared to a current price of $0.05 — trading 52.5% below its estimated fair value. The current Interest Expense is $-0.18 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 Modern Plant Based Foods (MDRNF), the current Interest Expense is $-0.18 Mil as of Feb. 2026. 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.

Modern Plant Based Foods Business Description

Other Exchanges L3O0:GermanyMEAT:Canada
Address 700 West Georgia Street, Suite 2500, 25th Floor, Vancouver, BC, CAN, V7Y 1B3
Modern Plant Based Foods Inc is a Canadian food company engaged in developing and selling plant-based meat alternatives made from plants. It offers a portfolio of plant-based products including meat alternatives, dairy-free cheeses, homemade style soups and vegan snacks. The company's product lineup includes the modern burgers, modern crabcakes, modern meatballs, modern crumbles, and sauces. It offers its products through various retail locations in the British Columbia Lower Mainland, as well as on e-commerce platforms. The company's revenue consists of sales of plant-based and health food products to wholesale and retail customers. Geographically, it derives the maximum revenue from Canada.