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Pineapple Express Cannabis Co (Pineapple Express Cannabis Co) Effective Interest Rate on Debt % : 0.00% (As of Jan. 2024)


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What is Pineapple Express Cannabis Co Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Pineapple Express Cannabis Co's annualized positive value of Interest Expense for the quarter that ended in Jan. 2024 was $0.00 Mil. Pineapple Express Cannabis Co's average total debt for the quarter that ended in Jan. 2024 was $0.00 Mil. Therefore, Pineapple Express Cannabis Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 was N/A%.

Pineapple Express Cannabis Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Pineapple Express Cannabis Co's Effective Interest Rate on Debt % 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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Pineapple Express Cannabis Co Effective Interest Rate on Debt % Chart

Pineapple Express Cannabis Co Annual Data
Trend Jan22 Jan23 Jan24
Effective Interest Rate on Debt %
1.37 - 4.44

Pineapple Express Cannabis Co Quarterly Data
Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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Competitive Comparison of Pineapple Express Cannabis Co's Effective Interest Rate on Debt %

For the Drug Manufacturers - Specialty & Generic subindustry, Pineapple Express Cannabis Co's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % 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.

Pineapple Express Cannabis Co's Effective Interest Rate on Debt % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Pineapple Express Cannabis Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Pineapple Express Cannabis Co's Effective Interest Rate on Debt % falls into.


Pineapple Express Cannabis Co Effective Interest Rate on Debt % Calculation

Pineapple Express Cannabis Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jan. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jan. 2023 )+Total Debt  (A: Jan. 2024 ))/ count )
=-1  *  -0.002/( (0.045+0)/ 1 )
=-1  *  -0.002/0.045
=4.44 %

where

Total Debt  (A: Jan. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.045
=0.045

Total Debt  (A: Jan. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0
=0

Pineapple Express Cannabis Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Oct. 2023 )+Total Debt  (Q: Jan. 2024 ))/ count )
=-1  *  0/( (0+0)/ 1 )
=-1  *  0/0
=N/A %

where

Total Debt  (Q: Oct. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0
=0

Total Debt  (Q: Jan. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0
=0

* 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.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Jan. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Pineapple Express Cannabis Co  (OTCPK:PNXP) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.

Pineapple Express Cannabis Co Effective Interest Rate on Debt % Related Terms

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Pineapple Express Cannabis Co (Pineapple Express Cannabis Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Pineapple Express Cannabis Co (OTCPK:PNXP) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
Traded in Other Exchanges
N/A
Address
10351 Santa Monica Boulevard, Suite 420, Los Angeles, CA, USA, 90025
Website
https://www.pineappleconsolidated.com
Pineapple Express Cannabis Co is a world-renowned Dispensary located at the iconic corner of Hollywood Blvd and Vine Street in Los Angeles, CA. Pineapple Express carries the best cannabis products in California at a competitive price with FAST and friendly service. It has everything from cannabis flowers to pre-rolls, concentrates, topicals, and edibles, and constantly updates Its inventory with the latest and greatest strains. The company also offers fast and discreet cannabis delivery services.
Executives
Matthew Feinstein director, 10 percent owner, officer: CEO 8439 W. SUNSET BLVD., SUITE 101, WEST HOLLYWOOD CA 90069

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