Indigenous Bloom Hemp (XCNQ:IBH) Interest Expense : C$0.00 Mil (TTM As of Feb. 2023)

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What is Indigenous Bloom Hemp Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Indigenous Bloom Hemp's interest expense for the three months ended in Feb. 2023 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2023 was C$0.00 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. Indigenous Bloom Hemp's Operating Income for the three months ended in Feb. 2023 was C$ -0.05 Mil. Indigenous Bloom Hemp's Interest Expense for the three months ended in Feb. 2023 was C$ 0.00 Mil. Indigenous Bloom Hemp has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Indigenous Bloom Hemp Interest Expense Historical Data

The historical data trend for Indigenous Bloom Hemp'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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Indigenous Bloom Hemp Interest Expense Chart

Indigenous Bloom Hemp Annual Data

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Interest Expense

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Indigenous Bloom Hemp Quarterly Data
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Indigenous Bloom Hemp 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 Mil.

Indigenous Bloom Hemp (XCNQ:IBH) 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.

Indigenous Bloom Hemp's Interest Expense for the three months ended in Feb. 2023 was C$0.00 Mil. Its Operating Income for the three months ended in Feb. 2023 was C$-0.05 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2023 was C$0.00 Mil.

Indigenous Bloom Hemp's Interest Coverage for the quarter that ended in Feb. 2023 is calculated as

Indigenous Bloom Hemp had no long-term debt ⁽¹⁾.

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

Indigenous Bloom Hemp (XCNQ:IBH) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Indigenous Bloom Hemp Corp (XCNQ:IBH) » Definitions » Interest Expense

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VRTHF:USA

Address

3200-650 West Georgia Street, Vancouver, BC, CAN, V6B 4P7

Website

https://www.indigenousbloomcorporate.com

Indigenous Bloom Hemp Corp is in business to produce and sell hemp extracts. It is engaged in the farming and cultivation of hemp biomass for third-party processing to extract cannabidiol (CBD) oils, distillate or isolate. The resulting solution can then be used for the production of many CBD products.

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