NMSEF (Lifeist Wellness) Interest Expense : $-0.06 Mil (TTM As of Aug. 2024)

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What is Lifeist Wellness Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Lifeist Wellness's interest expense for the three months ended in Aug. 2024 was $ -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Aug. 2024 was $-0.06 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. Lifeist Wellness's Operating Income for the three months ended in Aug. 2024 was $ -0.87 Mil. Lifeist Wellness's Interest Expense for the three months ended in Aug. 2024 was $ -0.00 Mil. Lifeist Wellness 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.

Lifeist Wellness Interest Expense Historical Data

The historical data trend for Lifeist Wellness'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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Lifeist Wellness Interest Expense Chart

Lifeist Wellness Annual Data

Trend

Mar14

Mar15

Aug16

Aug17

Aug18

Nov19

Nov20

Nov21

Nov22

Nov23

Interest Expense

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-0.08

-0.03

Lifeist Wellness Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Interest Expense	Get a 7-Day Free Trial															-	-0.01	-0.02	-0.03	-

Lifeist Wellness 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 Aug. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.06 Mil.

Lifeist Wellness (OTCPK:NMSEF) 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.

Lifeist Wellness's Interest Expense for the three months ended in Aug. 2024 was $-0.00 Mil. Its Operating Income for the three months ended in Aug. 2024 was $-0.87 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Aug. 2024 was $0.17 Mil.

Lifeist Wellness's Interest Coverage for the quarter that ended in Aug. 2024 is calculated as

Lifeist Wellness did not have earnings to cover the interest expense.

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

Lifeist Wellness Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Lifeist Wellness Inc (OTCPK:NMSEF) » Definitions » Interest Expense

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LFSWF:USA M5B0:Germany LFST:Canada

Address

18 Canso Road, Etobicoke, Toronto, ON, CAN, M9W 4L8

Website

https://www.lifeist.com

Lifeist Wellness Inc is a portfolio wellness company leveraging advancements in science and technology. Its portfolio of brands includes; CannMart Inc, a distributor of licensed and in-house branded adult-use cannabis and cannabis-derived products in Canada; CannMart Marketplace Inc operates CannMart.com, an online marketplace for hemp-derived CBD and accessories in the U.S.; CannMart Labs Inc, licensed facility for BHO (butane hash oil) extraction within Canada; Zest Brand, liquid Diamond vape formulations; Australian Vapes online supplier of hardware, including vaporizers, and related accessories and Mikra, a biosciences and consumer wellness company. The firm generates a majority of its revenue from the operations of CannMart.