Simply Solventless Concentrates (TSXV:HASH) Interest Expense : C$-0.25 Mil (TTM As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Simply Solventless Concentrates Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Simply Solventless Concentrates's interest expense for the three months ended in Mar. 2024 was C$ -0.05 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was C$-0.25 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. Simply Solventless Concentrates's Operating Income for the three months ended in Mar. 2024 was C$ 0.55 Mil. Simply Solventless Concentrates's Interest Expense for the three months ended in Mar. 2024 was C$ -0.05 Mil. Simply Solventless Concentrates's Interest Coverage for the quarter that ended in Mar. 2024 was 10.65. 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.

Simply Solventless Concentrates Interest Expense Historical Data

The historical data trend for Simply Solventless Concentrates'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.

Simply Solventless Concentrates Interest Expense Chart

Simply Solventless Concentrates Annual Data

Trend

Dec21

Dec22

Dec23

Interest Expense

-0.31

-0.34

Simply Solventless Concentrates Quarterly Data
	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial				-0.13	-0.11	-0.09	-	-0.05

Simply Solventless Concentrates 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.25 Mil.

Simply Solventless Concentrates (TSXV:HASH) 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.

Simply Solventless Concentrates's Interest Expense for the three months ended in Mar. 2024 was C$-0.05 Mil. Its Operating Income for the three months ended in Mar. 2024 was C$0.55 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was C$1.08 Mil.

Simply Solventless Concentrates's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	0.554	/	-0.052
	=	10.65

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

Simply Solventless Concentrates (TSXV:HASH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Simply Solventless Concentrates Ltd (TSXV:HASH) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

273209 Range Road 20, Rocky View County, AB, CAN, T4B 4P2

Website

https://www.simplysolventless.ca

Simply Solventless Concentrates Ltd is a company that provides pure, potent, terpene-rich solvent less concentrates to discerning cannabis consumers.

Executives

William Colin Macdonald	10% Security Holder, Director
Jeffrey Philip James Swainson	10% Security Holder, Director, Senior Officer

Simply Solventless Concentrates (TSXV:HASH) Headlines

No Headlines