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One World Products (One World Products) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


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What is One World Products Interest Coverage?

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 by its Interest Expense. One World Products's Operating Income for the three months ended in Dec. 2023 was $-0.74 Mil. One World Products's Interest Expense for the three months ended in Dec. 2023 was $-0.13 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for One World Products's Interest Coverage or its related term are showing as below:


OWPC's Interest Coverage is not ranked *
in the Drug Manufacturers industry.
Industry Median: 12.56
* Ranked among companies with meaningful Interest Coverage only.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


One World Products Interest Coverage Historical Data

The historical data trend for One World Products's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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One World Products Interest Coverage Chart

One World Products Annual Data
Trend Sep14 Sep15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
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One World Products Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of One World Products's Interest Coverage

For the Drug Manufacturers - Specialty & Generic subindustry, One World Products's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


One World Products's Interest Coverage Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, One World Products's Interest Coverage distribution charts can be found below:

* The bar in red indicates where One World Products's Interest Coverage falls into.



One World Products Interest Coverage Calculation

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:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

One World Products's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, One World Products's Interest Expense was $-0.31 Mil. Its Operating Income was $-2.08 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

One World Products did not have earnings to cover the interest expense.

One World Products's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, One World Products's Interest Expense was $-0.13 Mil. Its Operating Income was $-0.74 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

One World Products 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.


One World Products  (OTCPK:OWPC) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


One World Products Interest Coverage Related Terms

Thank you for viewing the detailed overview of One World Products's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


One World Products (One World Products) Business Description

Traded in Other Exchanges
N/A
Address
6605 Grand Montecito Parkway, Suite 100, Las Vegas, NV, USA, 89118
One World Products Inc along with its subsidiaries is engaged in the cultivation, production, and distribution of raw cannabis and hemp plant ingredients for both medical and industrial uses. It focuses on cultivating, processing, and supplying cannabis oil, distillate, and isolate to customer's specifications.
Executives
Sommer Joerg Herman Walter officer: President RHEINSTR. 50, BONN 2M 53179
Terry Lynn Buffalo director 3063 BRIGHTON BLVD, #918, DENVER CO 80216
Timothy Woods officer: Chief Financial Officer 8191 QUINN TERRACE, VIENNA VA 22180
Vahe Gabriel officer: CFO and COO 808 BRICKELL KEY DRIVE, APT. # 1106, MIAMI FL 33131
Isiah Iii Thomas director, officer: CEO and Vice Chairman TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Bruce I Raben director 430 VICTORIA TERRACE, RIDGEFIELD NJ 7657
Craig Ellins director, officer: CEO and CFO 3035 EAST PATRICK LANE, SUITE 9, LAS VEGAS NV 89120
Lei Wang director, 10 percent owner, officer: CEO & CFO 2609 MONTE CRESTA DRIVE, BELMONT CA 94002