American Green (American Green) Interest Expense : $ Mil (TTM As of Jun. 2023)

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What is American Green Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. American Green's interest expense for the six months ended in Jun. 2023 was $ -1.73 Mil. American Green does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Jun. 2023.

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. American Green's Operating Income for the six months ended in Jun. 2023 was $ -0.47 Mil. American Green's Interest Expense for the six months ended in Jun. 2023 was $ -1.73 Mil. American Green 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.

American Green Interest Expense Historical Data

The historical data trend for American Green'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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American Green Interest Expense Chart

American Green Annual Data

Trend

Jun22

Jun23

Interest Expense

-0.88

-1.73

American Green Semi-Annual Data
	Jun22	Jun23
Interest Expense	-0.88	-1.73

American Green Interest Expense Calculation

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

American Green (OTCPK:ERBB) 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.

American Green's Interest Expense for the six months ended in Jun. 2023 was $-1.73 Mil. Its Operating Income for the six months ended in Jun. 2023 was $-0.47 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was $0.47 Mil.

American Green's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

American Green did not have earnings to cover the interest expense.

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

American Green (American Green) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » American Green Inc (OTCPK:ERBB) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

30 N Gould Street, Suite R, Sheridan, WY, USA, 82801

Website

https://www.americangreen.com

American Green Inc is a technology company in the medical cannabis industry. It is involved in the business of developing a cultivation facility in Phoenix Arizona for medical marijuana and also owns proprietary dispensing machines and all rights to a line of health supplements.