Gaia Grow (XCNQ:GAIA) Interest Expense : C$-0.21 Mil (TTM As of Sep. 2022)

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What is Gaia Grow Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Gaia Grow's interest expense for the three months ended in Sep. 2022 was C$ -0.05 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2022 was C$-0.21 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. Gaia Grow's Operating Income for the three months ended in Sep. 2022 was C$ -0.37 Mil. Gaia Grow's Interest Expense for the three months ended in Sep. 2022 was C$ -0.05 Mil. Gaia Grow 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.

Gaia Grow Interest Expense Historical Data

The historical data trend for Gaia Grow'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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Gaia Grow Interest Expense Chart

Gaia Grow Annual Data

Trend

Jan12

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Dec21

Interest Expense

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-0.03

-0.15

Gaia Grow Quarterly Data
	Oct17	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Interest Expense	Get a 7-Day Free Trial															-0.06	-0.05	-0.05	-0.05	-0.05

Gaia Grow 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 C$-0.21 Mil.

Gaia Grow (XCNQ:GAIA) 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.

Gaia Grow's Interest Expense for the three months ended in Sep. 2022 was C$-0.05 Mil. Its Operating Income for the three months ended in Sep. 2022 was C$-0.37 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2022 was C$1.01 Mil.

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

Gaia Grow did not have earnings to cover the interest expense.

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