Cannabotech (XTAE:CNTC) Interest Expense : ₪ Mil (TTM As of . 20)

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What is Cannabotech Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Cannabotech's interest expense for the six months ended in . 20 was ₪ 0.00 Mil. Cannabotech does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in . 20.

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. Cannabotech's Operating Income for the six months ended in . 20 was ₪ 0.00 Mil. Cannabotech's Interest Expense for the six months ended in . 20 was ₪ 0.00 Mil. Cannabotech 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.

Cannabotech Interest Expense Historical Data

The historical data trend for Cannabotech'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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Cannabotech Interest Expense Chart

Cannabotech Annual Data

Trend

Interest Expense

Cannabotech Semi-Annual Data

Interest Expense

Cannabotech Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Cannabotech (XTAE:CNTC) 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.

Cannabotech's Interest Expense for the six months ended in . 20 was ₪0.00 Mil. Its Operating Income for the six months ended in . 20 was ₪0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in . 20 was ₪0.00 Mil.

Cannabotech's Interest Coverage for the quarter that ended in . 20 is calculated as

Cannabotech had no long-term debt ⁽¹⁾.

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

Cannabotech Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Cannabotech Ltd (XTAE:CNTC) » Definitions » Interest Expense

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Address

Arik Einstein 3, Herzliya, ISR, 4610301

Website

https://www.cannabotech.com

Cannabotech Ltd is engaged in the research and development of cannabis-based drugs. It is a biomedical company focused on the benefits of cannabinoids and medicinal mushrooms, applying the pure power of nature and science to health issues.

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