VGGIF (Boosh Plant-Based Brands) Interest Expense: $-0.61 Mil (TTM As of Dec. 2023)


What is Boosh Plant-Based Brands Interest Expense?

Boosh Plant-Based Brands VGGIF -99.96% Interest Expense is $-0.61 Mil as of Dec. 2023.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Boosh Plant-Based Brands's interest expense for the three months ended in Dec. 2023 was $ -0.05 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.61 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. Boosh Plant-Based Brands's Operating Income for the three months ended in Dec. 2023 was $ -0.11 Mil. Boosh Plant-Based Brands's Interest Expense for the three months ended in Dec. 2023 was $ -0.05 Mil. Boosh Plant-Based 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.

Boosh Plant-Based Brands  (OTCPK:VGGIF) 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.

Boosh Plant-Based Brands's Interest Expense for the three months ended in Dec. 2023 was $-0.05 Mil. Its Operating Income for the three months ended in Dec. 2023 was $-0.11 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $0.19 Mil.

Boosh Plant-Based Brands's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Boosh Plant-Based Brands 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.

Boosh Plant-Based Brands Interest Expense Historical Data

* Premium members only.

The historical data trend for Boosh Plant-Based 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.

Boosh Plant-Based Brands Interest Expense Chart

Boosh Plant-Based Brands Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Interest Expense
-0.00 -0.01 -0.01 -0.54

Boosh Plant-Based Brands Quarterly Data
Mar20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.06 -0.46 -0.07 -0.02 -0.05

Boosh Plant-Based 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.61 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 $-0.61 Mil mean?
Boosh Plant-Based Brands (VGGIF) has a Interest Expense of $-0.61 Mil as of Dec. 2023. Interest Expense is the amount a company pays on its long-term debt. View historical data on Boosh Plant-Based Brands and its competitors.
Is Boosh Plant-Based Brands' Interest Expense too high?
Boosh Plant-Based Brands' current Interest Expense is $-0.61 Mil.
How does Boosh Plant-Based Brands' Interest Expense compare to NXMH and NBND?
Boosh Plant-Based Brands' Interest Expense of $-0.61 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Interest Expense depends on the Consumer Packaged Goods 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 Boosh Plant-Based Brands and its competitors. Boosh Plant-Based Brands's current Interest Expense is $-0.61 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boosh Plant-Based Brands stock overvalued right now?
Boosh Plant-Based Brands (VGGIF) has a current Interest Expense of $-0.61 Mil. The current Interest Expense is $-0.61 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 Boosh Plant-Based Brands (VGGIF), the current Interest Expense is $-0.61 Mil as of Dec. 2023. 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.

Boosh Plant-Based Brands Business Description

Address 176 Street, Suite 103-6554, Surrey, BC, CAN, V3S 4G5
Boosh Plant-Based Brands Inc operates as a plant-based ready-to-eat food company. It distributes and sells plant-based frozen meals to grocery outlets and independent grocery stores throughout Canada. The company's segment includes Corporate; Snacks; Entrees and Appetizers. It generates maximum revenue from the Snacks segment.