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Vibe Growth (XCNQ:VIBE) Interest Expense : C$-0.28 Mil (TTM As of Mar. 2024)


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What is Vibe Growth Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Vibe Growth's interest expense for the three months ended in Mar. 2024 was C$ -0.07 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was C$-0.28 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. Vibe Growth's Operating Income for the three months ended in Mar. 2024 was C$ -0.30 Mil. Vibe Growth's Interest Expense for the three months ended in Mar. 2024 was C$ -0.07 Mil. Vibe Growth 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.


Vibe Growth Interest Expense Historical Data

The historical data trend for Vibe Growth'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.

Vibe Growth Interest Expense Chart

Vibe Growth Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.18 -0.19 -0.26 -0.26 -0.30

Vibe Growth Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.08 -0.08 -0.07 -0.06 -0.07

Vibe Growth 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$-0.28 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.


Vibe Growth  (XCNQ:VIBE) 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.

Vibe Growth's Interest Expense for the three months ended in Mar. 2024 was C$-0.07 Mil. Its Operating Income for the three months ended in Mar. 2024 was C$-0.30 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was C$3.03 Mil.

Vibe Growth's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Vibe Growth 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.


Vibe Growth (XCNQ:VIBE) Business Description

Traded in Other Exchanges
Address
997 Seymour Street, Suite 250, Vancouver, BC, CAN, V6B3M1
Vibe Growth Corp is engaged in evaluation, acquiring and developing cannabis cultivation, distribution and manufacturing assets and retail cannabis dispensaries, predominantly in the U.S., in order to become a vertically integrated cannabis operator. The Company currently operates five dispensaries, one distribution and two cultivation operations in the State of California plus one dispensary in Portland, Oregon.
Executives
Hadron Capital (cayman) Limited 10% Security Holder

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