Medical Marijuana (Medical Marijuana) Interest Expense : $-7.02 Mil (TTM As of Dec. 2017)

View and export this data going back to 2011. Start your Free Trial

What is Medical Marijuana Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Medical Marijuana's interest expense for the six months ended in Dec. 2017 was $ -7.02 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2017 was $-7.02 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. Medical Marijuana's Operating Income for the six months ended in Dec. 2017 was $ -4.74 Mil. Medical Marijuana's Interest Expense for the six months ended in Dec. 2017 was $ -7.02 Mil. Medical Marijuana 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.

Medical Marijuana Interest Expense Historical Data

The historical data trend for Medical Marijuana'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.

Medical Marijuana Interest Expense Chart

Medical Marijuana Annual Data

Trend

Dec09

Dec10

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Interest Expense

Get a 7-Day Free Trial

-0.99

-3.05

-11.11

-7.02

Medical Marijuana Semi-Annual Data
	Dec09	Dec10	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17
Interest Expense	Get a 7-Day Free Trial			-	-0.99	-3.05	-11.11	-7.02

Medical Marijuana Interest Expense Calculation

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

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Dec. 2017 was $-7.02 Mil.

Medical Marijuana (OTCPK:MJNA) 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.

Medical Marijuana's Interest Expense for the six months ended in Dec. 2017 was $-7.02 Mil. Its Operating Income for the six months ended in Dec. 2017 was $-4.74 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2017 was $13.43 Mil.

Medical Marijuana's Interest Coverage for the quarter that ended in Dec. 2017 is calculated as

Medical Marijuana did not have earnings to cover the interest expense.

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

Medical Marijuana (Medical Marijuana) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Medical Marijuana Inc (OTCPK:MJNA) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

2384 La Mirada Drive, Vista, CA, USA, 92081

Website

https://www.medicalmarijuanainc.com

Medical Marijuana Inc is engaged in the development, sale, and distribution of hemp oil that contains naturally occurring cannabinoids, including cannabidiol and other products containing CBD-rich hemp oil. The company's products are used by pharmaceutical, nutraceutical, and cosmeceutical industries. Some of its products are CBD Capsules, CBD Tinctures, Vaporizers, and Hemp foods among others.