Grown Rogue International (XCNQ:GRIN) Interest Expense : C$-0.75 Mil (TTM As of Apr. 2023)

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What is Grown Rogue International Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Grown Rogue International's interest expense for the three months ended in Apr. 2023 was C$ -0.40 Mil. Its interest expense for the trailing twelve months (TTM) ended in Apr. 2023 was C$-0.75 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. Grown Rogue International's Operating Income for the three months ended in Apr. 2023 was C$ 1.39 Mil. Grown Rogue International's Interest Expense for the three months ended in Apr. 2023 was C$ -0.40 Mil. Grown Rogue International's Interest Coverage for the quarter that ended in Apr. 2023 was 3.50. 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.

Grown Rogue International Interest Expense Historical Data

The historical data trend for Grown Rogue International'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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Grown Rogue International Interest Expense Chart

Grown Rogue International Annual Data

Trend

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Interest Expense

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-0.53

-1.14

-1.43

-1.22

Grown Rogue International Quarterly Data
	May18	Aug18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Oct22	Jan23	Apr23	Oct23
Interest Expense	Get a 7-Day Free Trial															-0.31	-	-0.35	-0.40	-

Grown Rogue International 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 Apr. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.75 Mil.

Grown Rogue International (XCNQ:GRIN) 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.

Grown Rogue International's Interest Expense for the three months ended in Apr. 2023 was C$-0.40 Mil. Its Operating Income for the three months ended in Apr. 2023 was C$1.39 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Apr. 2023 was C$3.46 Mil.

Grown Rogue International's Interest Coverage for the quarter that ended in Apr. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Apr. 2023 )	/	Interest Expense (Q: Apr. 2023 )
	=	-1	*	1.385	/	-0.396
	=	3.50

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

Grown Rogue International (XCNQ:GRIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Grown Rogue International Inc (XCNQ:GRIN) » Definitions » Interest Expense

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GRUSF:USA

Address

550 Airport Road, Medford, OR, USA, 97504

Website

https://www.grownrogue.com

Grown Rogue International Inc is a vertically-integrated, multi-state Cannabis family of brands. The company with indoor and outdoor manufacturing facilities and consumer insight-based product categorization creates innovative products. The firm's product portfolio consists of Jack Herer, Rogue Og, Mothers Milk, White Cookies, and Critical Jack among others.

Executives

Jakob Iotte

Senior Officer