YOURF (YourWay Cannabis Brands) Interest Expense: $-0.48 Mil (TTM As of Sep. 2021)


What is YourWay Cannabis Brands Interest Expense?

YourWay Cannabis Brands YOURF -90.00% Interest Expense is $-0.48 Mil as of Sep. 2021.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. YourWay Cannabis Brands's interest expense for the three months ended in Sep. 2021 was $ -0.12 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2021 was $-0.48 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. YourWay Cannabis Brands's Operating Income for the three months ended in Sep. 2021 was $ 1.37 Mil. YourWay Cannabis Brands's Interest Expense for the three months ended in Sep. 2021 was $ -0.12 Mil. YourWay Cannabis Brands's Interest Coverage for the quarter that ended in Sep. 2021 was 11.07. 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.

YourWay Cannabis Brands  (OTCPK:YOURF) 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.

YourWay Cannabis Brands's Interest Expense for the three months ended in Sep. 2021 was $-0.12 Mil. Its Operating Income for the three months ended in Sep. 2021 was $1.37 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2021 was $4.30 Mil.

YourWay Cannabis Brands's Interest Coverage for the quarter that ended in Sep. 2021 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2021 )/Interest Expense (Q: Sep. 2021 )
=-1*1.373/-0.124
=11.07

* 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.

YourWay Cannabis Brands Interest Expense Historical Data

* Premium members only.

The historical data trend for YourWay Cannabis 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.

YourWay Cannabis Brands Interest Expense Chart

YourWay Cannabis Brands Annual Data
Trend Dec19 Dec20
Interest Expense
-0.48 -0.55

YourWay Cannabis Brands Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Interest Expense Get a 7-Day Free Trial Premium Member Only -0.15 -0.13 -0.12 -0.11 -0.12

YourWay Cannabis 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. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.48 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-0.48 Mil mean?
YourWay Cannabis Brands (YOURF) has a Interest Expense of $-0.48 Mil as of Sep. 2021. Interest Expense is the amount a company pays on its long-term debt. View historical data on YourWay Cannabis Brands and its competitors.
Is YourWay Cannabis Brands' Interest Expense too high?
YourWay Cannabis Brands' current Interest Expense is $-0.48 Mil.
How does YourWay Cannabis Brands' Interest Expense compare to ZTS and CTLT?
YourWay Cannabis Brands' Interest Expense of $-0.48 Mil can be compared against companies in the Drug Manufacturers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Drug Manufacturers company?
A good Interest Expense depends on the Drug Manufacturers industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on YourWay Cannabis Brands and its competitors. YourWay Cannabis Brands's current Interest Expense is $-0.48 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is YourWay Cannabis Brands stock overvalued right now?
YourWay Cannabis Brands (YOURF) has a current Interest Expense of $-0.48 Mil. The current Interest Expense is $-0.48 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For YourWay Cannabis Brands (YOURF), the current Interest Expense is $-0.48 Mil as of Sep. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

YourWay Cannabis Brands Business Description

Address 885 W Georgia Street, Suite 2200, Vancouver, BC, CAN, V6C 3E8
YourWay Cannabis Brands Inc is a multi-state operator with sales and operations in Arizona and California. Through building own brands, partnering with others, and providing white-labelled product, company is dedicated towards expanding the reach; remolding the cannabis industry and ultimately, redefining the way consumers and cannabis brands interact.