MJNA (Medical Marijuana) Interest Expense: $-7.02 Mil (TTM As of Dec. 2017)


What is Medical Marijuana Interest Expense?

Medical Marijuana MJNA -50.00% Interest Expense is $-7.02 Mil as of Dec. 2017.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Medical Marijuana's interest expense for the six months ended in Dec. 2017 was $ -7.02 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2017 was $-7.02 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. Medical Marijuana's Operating Income for the six months ended in Dec. 2017 was $ -4.74 Mil. Medical Marijuana's Interest Expense for the six months ended in Dec. 2017 was $ -7.02 Mil. Medical Marijuana 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.

Medical Marijuana  (OTCPK:MJNA) 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.

Medical Marijuana's Interest Expense for the six months ended in Dec. 2017 was $-7.02 Mil. Its Operating Income for the six months ended in Dec. 2017 was $-4.74 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2017 was $13.43 Mil.

Medical Marijuana's Interest Coverage for the quarter that ended in Dec. 2017 is calculated as

Medical Marijuana 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.

Medical Marijuana Interest Expense Historical Data

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The historical data trend for Medical Marijuana'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.

Medical Marijuana Interest Expense Chart

Medical Marijuana Annual Data
Trend Dec09 Dec10 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Interest Expense
Get a 7-Day Free Trial 0.00 -0.99 -3.05 -11.11 -7.02

Medical Marijuana Semi-Annual Data
Dec09 Dec10 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Interest Expense Get a 7-Day Free Trial 0.00 -0.99 -3.05 -11.11 -7.02

Medical Marijuana Interest Expense Calculation

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

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Dec. 2017 was $-7.02 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 $-7.02 Mil mean?
Medical Marijuana (MJNA) has a Interest Expense of $-7.02 Mil as of Dec. 2017. Interest Expense is the amount a company pays on its long-term debt. View historical data on Medical Marijuana and its competitors.
Is Medical Marijuana's Interest Expense too high?
Medical Marijuana's current Interest Expense is $-7.02 Mil.
How does Medical Marijuana's Interest Expense compare to UPC and ERBB?
Medical Marijuana's Interest Expense of $-7.02 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 Medical Marijuana and its competitors. Medical Marijuana's current Interest Expense is $-7.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Medical Marijuana stock overvalued right now?
Medical Marijuana (MJNA) has a current Interest Expense of $-7.02 Mil. The current Interest Expense is $-7.02 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 Medical Marijuana (MJNA), the current Interest Expense is $-7.02 Mil as of Dec. 2017. 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.

Medical Marijuana Business Description

Address 2384 La Mirada Drive, Vista, CA, USA, 92081
Medical Marijuana Inc is engaged in the development, sale, and distribution of hemp oil that contains naturally occurring cannabinoids, including cannabidiol and other products containing CBD-rich hemp oil. The company's products are used by pharmaceutical, nutraceutical, and cosmeceutical industries. Some of its products are CBD Capsules, CBD Tinctures, Vaporizers, and Hemp foods among others. The company operates through Retail and Wholesale division; Direct Sales division; and Manufacturing and Production Division.