Medical Cannabis Payment Solutions (Medical Cannabis Payment Solutions) Interest Expense : $ Mil (TTM As of . 20)

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What is Medical Cannabis Payment Solutions Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Medical Cannabis Payment Solutions's interest expense for the three months ended in . 20 was $ 0.00 Mil. Medical Cannabis Payment Solutions does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in . 20.

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 Cannabis Payment Solutions's Operating Income for the three months ended in . 20 was $ 0.00 Mil. Medical Cannabis Payment Solutions's Interest Expense for the three months ended in . 20 was $ 0.00 Mil. Medical Cannabis Payment Solutions 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 Cannabis Payment Solutions Interest Expense Historical Data

The historical data trend for Medical Cannabis Payment Solutions'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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Medical Cannabis Payment Solutions Interest Expense Chart

Medical Cannabis Payment Solutions Annual Data

Trend

Interest Expense

Medical Cannabis Payment Solutions Quarterly Data

Interest Expense

Medical Cannabis Payment Solutions Interest Expense Calculation

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

Medical Cannabis Payment Solutions (OTCPK:REFG) 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.

Medical Cannabis Payment Solutions's Interest Expense for the three months ended in . 20 was $0.00 Mil. Its Operating Income for the three months ended in . 20 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in . 20 was $0.00 Mil.

Medical Cannabis Payment Solutions's Interest Coverage for the quarter that ended in . 20 is calculated as

Medical Cannabis Payment Solutions had no long-term debt ⁽¹⁾.

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

Medical Cannabis Payment Solutions (Medical Cannabis Payment Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Medical Cannabis Payment Solutions Inc (OTCPK:REFG) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

5940 S. Rainbow Blvd., Las Vegas, NV, USA, 89118

Website

https://www.paywithgo.com

Medical Cannabis Payment Solutions Inc is a United States-based company. Along with its subsidiaries, the firm is engaged in the development of ancillary services for the medical marijuana industry. The company offers a software product named Go that is a proprietary merchant processing system designed to serve the monetary demands of the state-legalized cannabis market and offers electronic payment, eCommerce features, solves cash handling issues and gives immediate access to funds.