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OWPC (One World Products) Interest Expense : $-0.94 Mil (TTM As of Sep. 2024)


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What is One World Products Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. One World Products's interest expense for the three months ended in Sep. 2024 was $ -0.34 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-0.94 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. One World Products's Operating Income for the three months ended in Sep. 2024 was $ -0.37 Mil. One World Products's Interest Expense for the three months ended in Sep. 2024 was $ -0.34 Mil. One World Products 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.


One World Products Interest Expense Historical Data

The historical data trend for One World Products'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.

* Premium members only.

One World Products Interest Expense Chart

One World Products Annual Data
Trend Sep14 Sep15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.38 -0.05 -0.51 -0.59 -0.31

One World Products Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.07 -0.13 -0.10 -0.37 -0.34

One World Products 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.94 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.


One World Products  (OTCPK:OWPC) 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.

One World Products's Interest Expense for the three months ended in Sep. 2024 was $-0.34 Mil. Its Operating Income for the three months ended in Sep. 2024 was $-0.37 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $2.09 Mil.

One World Products's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

One World Products 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.


One World Products Business Description

Traded in Other Exchanges
N/A
Address
6605 Grand Montecito Parkway, Suite 100, Las Vegas, NV, USA, 89149
One World Products Inc along with its subsidiaries is engaged in the cultivation, production, and distribution of raw cannabis and hemp plant ingredients for both medical and industrial uses. It focuses on cultivating, processing, and supplying cannabis oil, distillate, and isolate to customer's specifications.
Executives
Sommer Joerg Herman Walter officer: President RHEINSTR. 50, BONN 2M 53179
Terry Lynn Buffalo director 3063 BRIGHTON BLVD, #918, DENVER CO 80216
Timothy Woods officer: Chief Financial Officer 8191 QUINN TERRACE, VIENNA VA 22180
Vahe Gabriel officer: CFO and COO 808 BRICKELL KEY DRIVE, APT. # 1106, MIAMI FL 33131
Isiah Iii Thomas director, officer: CEO and Vice Chairman TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Bruce I Raben director 430 VICTORIA TERRACE, RIDGEFIELD NJ 7657
Craig Ellins director, officer: CEO and CFO 3035 EAST PATRICK LANE, SUITE 9, LAS VEGAS NV 89120
Lei Wang director, 10 percent owner, officer: CEO & CFO 2609 MONTE CRESTA DRIVE, BELMONT CA 94002

One World Products Headlines

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