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Leef Brands (XCNQ:LEEF) Interest Expense : C$-6.56 Mil (TTM As of Sep. 2024)


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What is Leef Brands Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Leef Brands's interest expense for the three months ended in Sep. 2024 was C$ -0.49 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was C$-6.56 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. Leef Brands's Operating Income for the three months ended in Sep. 2024 was C$ -3.23 Mil. Leef Brands's Interest Expense for the three months ended in Sep. 2024 was C$ -0.49 Mil. Leef 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.


Leef Brands Interest Expense Historical Data

The historical data trend for Leef 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.

* Premium members only.

Leef Brands Interest Expense Chart

Leef Brands Annual Data
Trend Jul13 Jul14 Jul15 Jul16 Jul17 Jul19 Jul20 Jul21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.01 -0.18 -6.07 -5.89

Leef Brands Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.26 -2.05 -1.75 -2.27 -0.49

Leef 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-6.56 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.


Leef Brands  (XCNQ:LEEF) 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.

Leef Brands's Interest Expense for the three months ended in Sep. 2024 was C$-0.49 Mil. Its Operating Income for the three months ended in Sep. 2024 was C$-3.23 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was C$29.82 Mil.

Leef Brands's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Leef 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.


Leef Brands Business Description

Traded in Other Exchanges
Address
1055 West Georgia Street, Suite 1500, Vancouver, BC, CAN, V6E 4N7
Leef Brands Inc is a manufacturer of cannabis-branded products manufacturer based in California. It offers products under brand names like Real Deal Resin, Ganja Gold, Heady, and Leef. Geographically, it derives a majority of its revenue from the United States. It has one operation of the Company located in Canada and the United States. The Company has one reportable business segment in the cannabis sector. It generates the majority of its revenue from the USA.
Executives
Kevin John Wilson Senior Officer
Micah Anderson 10% Security Holder, Director, Director or Senior Officer of 10% Security Holder, Issuer, Senior Officer

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