SNNVF (Sunniva) Interest Expense: $-2.99 Mil (TTM As of Sep. 2019)


What is Sunniva Interest Expense?

Sunniva SNNVF -99.00% Interest Expense is $-2.99 Mil as of Sep. 2019.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sunniva's interest expense for the three months ended in Sep. 2019 was $ -1.56 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2019 was $-2.99 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. Sunniva's Operating Income for the three months ended in Sep. 2019 was $ -5.39 Mil. Sunniva's Interest Expense for the three months ended in Sep. 2019 was $ -1.56 Mil. Sunniva 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.

Sunniva  (OTCPK:SNNVF) 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.

Sunniva's Interest Expense for the three months ended in Sep. 2019 was $-1.56 Mil. Its Operating Income for the three months ended in Sep. 2019 was $-5.39 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2019 was $31.54 Mil.

Sunniva's Interest Coverage for the quarter that ended in Sep. 2019 is calculated as

Sunniva 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.

Sunniva Interest Expense Historical Data

* Premium members only.

The historical data trend for Sunniva'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.

Sunniva Interest Expense Chart

Sunniva Annual Data
Trend Dec16 Dec17 Dec18
Interest Expense
-0.04 -0.15 -0.71

Sunniva Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.30 0.23 -0.53 -1.14 -1.56

Sunniva 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. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.99 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 $-2.99 Mil mean?
Sunniva (SNNVF) has a Interest Expense of $-2.99 Mil as of Sep. 2019. Interest Expense is the amount a company pays on its long-term debt. View historical data on Sunniva and its competitors.
Is Sunniva's Interest Expense too high?
Sunniva's current Interest Expense is $-2.99 Mil.
How does Sunniva's Interest Expense compare to ZTS?
Sunniva's Interest Expense of $-2.99 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 Sunniva and its competitors. Sunniva's current Interest Expense is $-2.99 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunniva stock overvalued right now?
Sunniva (SNNVF) has a current Interest Expense of $-2.99 Mil. The current Interest Expense is $-2.99 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 Sunniva (SNNVF), the current Interest Expense is $-2.99 Mil as of Sep. 2019. 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.

Sunniva Business Description

Address 200 Burrard Street, 1200 Waterfront Centre, P.O Box 48600, Vancouver, BC, CAN, V7X 1T2
Sunniva Inc is vertically integrated medical cannabis company committed to delivering safe, low-cost, high-quality products and services at scale. The company is focused on the cultivation, production and distribution of therapeutic solutions targeting two of the medical cannabis markets in the world: Canada and California.