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Craftport Cannabis (STU:BBW0) Interest Expense : €-0.56 Mil (TTM As of Sep. 2022)


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What is Craftport Cannabis Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Craftport Cannabis's interest expense for the three months ended in Sep. 2022 was € -0.14 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2022 was €-0.56 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. Craftport Cannabis's Operating Income for the three months ended in Sep. 2022 was € -0.49 Mil. Craftport Cannabis's Interest Expense for the three months ended in Sep. 2022 was € -0.14 Mil. Craftport Cannabis 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.


Craftport Cannabis Interest Expense Historical Data

The historical data trend for Craftport Cannabis'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.

Craftport Cannabis Interest Expense Chart

Craftport Cannabis Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -0.02 -0.16 -0.46

Craftport Cannabis Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 -0.10 -0.13 -0.14 -0.14 -0.14

Craftport Cannabis 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.56 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.


Craftport Cannabis  (STU:BBW0) 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.

Craftport Cannabis's Interest Expense for the three months ended in Sep. 2022 was €-0.14 Mil. Its Operating Income for the three months ended in Sep. 2022 was €-0.49 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2022 was €2.95 Mil.

Craftport Cannabis's Interest Coverage for the quarter that ended in Sep. 2022 is calculated as

Craftport Cannabis 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.


Craftport Cannabis (STU:BBW0) Business Description

Traded in Other Exchanges
N/A
Address
4715 Paradise Valley Drive, Peachland, BC, CAN, V0H 1X3
Craftport Cannabis Corp is a cannabis licensed producer based in British Columbia. The Company intends to focus on the Canadian premium craft cannabis recreational market by initially utilizing an asset light model. It intends to leverage legacy roots and know how in order to introduce unique genetics and strains to the Canadian market.

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