TRCNF (Transnational Cannabis) Interest Expense: $-3.64 Mil (TTM As of Nov. 2019)

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What is Transnational Cannabis Interest Expense?

Transnational Cannabis TRCNF -97.50% Interest Expense is $-3.64 Mil as of Nov. 2019.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Transnational Cannabis's interest expense for the three months ended in Nov. 2019 was $ -1.07 Mil. Its interest expense for the trailing twelve months (TTM) ended in Nov. 2019 was $-3.64 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. Transnational Cannabis's Operating Income for the three months ended in Nov. 2019 was $ -2.09 Mil. Transnational Cannabis's Interest Expense for the three months ended in Nov. 2019 was $ -1.07 Mil. Transnational 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.

Transnational Cannabis  (OTCPK:TRCNF) 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.

Transnational Cannabis's Interest Expense for the three months ended in Nov. 2019 was $-1.07 Mil. Its Operating Income for the three months ended in Nov. 2019 was $-2.09 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Nov. 2019 was $24.41 Mil.

Transnational Cannabis's Interest Coverage for the quarter that ended in Nov. 2019 is calculated as

Transnational 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.

Transnational Cannabis Interest Expense Historical Data

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The historical data trend for Transnational 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.

Transnational Cannabis Interest Expense Chart

Transnational Cannabis Annual Data
Trend Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.00 -0.00 -0.00 -0.01 -0.30

Transnational Cannabis Quarterly Data
Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19
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 -0.11 -0.19 -1.29 -1.09 -1.07

Transnational 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 Nov. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.64 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 $-3.64 Mil mean?
Transnational Cannabis (TRCNF) has a Interest Expense of $-3.64 Mil as of Nov. 2019. Interest Expense is the amount a company pays on its long-term debt. View historical data on Transnational Cannabis and its competitors.
Is Transnational Cannabis' Interest Expense too high?
Transnational Cannabis' current Interest Expense is $-3.64 Mil.
How does Transnational Cannabis' Interest Expense compare to CLSH and KAYS?
Transnational Cannabis' Interest Expense of $-3.64 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 Transnational Cannabis and its competitors. Transnational Cannabis's current Interest Expense is $-3.64 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transnational Cannabis stock overvalued right now?
Transnational Cannabis (TRCNF) has a current Interest Expense of $-3.64 Mil. The current Interest Expense is $-3.64 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 Transnational Cannabis (TRCNF), the current Interest Expense is $-3.64 Mil as of Nov. 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.

Transnational Cannabis Business Description

Address 37 King Street East, Suite 409, Toronto, ON, CAN, M5C 1E9
Transnational Cannabis Ltd, formerly ICC International Cannabis Corp is a Canadian company which is engaged in planning, designing, building and operating cannabis production, processing, and distribution facilities. The company through its holdings is engaged in the pharmaceutical distribution, wholesale importation, research, and development, as well as working interests in industrial hemp licenses in Greece, licenses to cultivate, produce, distribute, store, and export Cannabis and Cannabis derivatives in Colombia, the Kingdom of Lesotho, Africa, and Denmark.