Avant Brands (TSX:AVNT) Interest Expense : C$-1.19 Mil (TTM As of Feb. 2025)

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What is Avant Brands Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Avant Brands's interest expense for the three months ended in Feb. 2025 was C$ -0.15 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2025 was C$-1.19 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. Avant Brands's Operating Income for the three months ended in Feb. 2025 was C$ -0.77 Mil. Avant Brands's Interest Expense for the three months ended in Feb. 2025 was C$ -0.15 Mil. Avant Brands 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.

Avant Brands Interest Expense Historical Data

The historical data trend for Avant Brands'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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Avant Brands Interest Expense Chart

Avant Brands Annual Data

Trend

Dec15

Dec16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Nov24

Interest Expense

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-1.50

-1.08

-0.04

-1.23

-1.51

Avant Brands Quarterly Data
	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25
Interest Expense	Get a 7-Day Free Trial															-0.47	-0.28	-0.28	-0.48	-0.15

Avant Brands 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 Feb. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-1.19 Mil.

Avant Brands (TSX:AVNT) 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.

Avant Brands's Interest Expense for the three months ended in Feb. 2025 was C$-0.15 Mil. Its Operating Income for the three months ended in Feb. 2025 was C$-0.77 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2025 was C$10.80 Mil.

Avant Brands's Interest Coverage for the quarter that ended in Feb. 2025 is calculated as

Avant Brands did not have earnings to cover the interest expense.

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

Avant Brands Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Avant Brands Inc (TSX:AVNT) » Definitions » Interest Expense

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AVTBF:USA 1BU:Germany

Address

1632 Dickson Avenue, Suite 335, Kelowna, BC, CAN, V1Y 7T2

Website

https://www.avantbrands.ca

Avant Brands Inc is a premium cannabis company. It has multiple licensed and operational production facilities across Canada, which produce high-quality, handcrafted cannabis products for desired, and award-winning consumer brands, sold across both recreational and medical channels. The company's diverse product range is distributed through three distinct sales channels: recreational, medical, and export. Among its recreational offerings are renowned consumer brands like BLK MKT, Tenzo, Cognoscente, and Treehugger, available across key markets including British Columbia, Saskatchewan, Manitoba, Ontario, Atlantic Canada, and the territories.

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