Weed (BUDZ) Interest Expense : $-0.03 Mil (TTM As of Mar. 2024)

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What is Weed Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Weed's interest expense for the three months ended in Mar. 2024 was $ -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.03 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. Weed's Operating Income for the three months ended in Mar. 2024 was $ -0.17 Mil. Weed's Interest Expense for the three months ended in Mar. 2024 was $ -0.00 Mil. Weed 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.

Weed Interest Expense Historical Data

The historical data trend for Weed'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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Weed Interest Expense Chart

Weed Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.01

-0.04

-0.12

-0.05

Weed Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-0.01	-0.02	-0.02	-	-

Weed 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.03 Mil.

Weed (OTCPK:BUDZ) 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.

Weed's Interest Expense for the three months ended in Mar. 2024 was $-0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-0.17 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $0.00 Mil.

Weed's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Weed did not have earnings to cover the interest expense.

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

Weed (BUDZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Weed Inc (OTCPK:BUDZ) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

4920 North Post Trail, Tucson, AZ, USA, 85750

Website

https://www.weedincusa.com

Weed Inc is working on or planning for several different business opportunities in the cannabis and hemp field, including, but not limited to both indoor and outdoor grows, cultivations, and harvest for research, product development, processing, and manufacturing of both Pharma and non-Pharma products, services, therapeutics, and treatments on a global basis for both the Medical Cannabis and Hemp global market space.

Executives

Nicole M Breen	director, 10 percent owner, officer: Secretary/Treasurer	4920 N. POST TRAIL, TUCSON AZ 85750
Elliot Kwestel	director	5 AUERBACH LANE, LAWRENCE NY 11559
Lawrence G Dykers	director	11924 N CENTAURUS PLACE, ORO VALLEY AZ 85737
Glynn A Burkhardt	director, 10 percent owner, officer: Senior Vice President	3400 E. SPEEDWAY BLVD., SUITE 118-300, TUCSON AZ 85716
Roger Mccaslin	director	11924 N. CENTAURUS PLACE, ORO VALLEY AZ 85737
Glenn E. Martin	director, 10 percent owner, officer: President and Chairman of BOD	4920 N. POST TRAIL, TUCSON AZ 85750
Robert A Metz	director, officer: Vice President	3400 E. SPEEDWAY BLVD., SUITE 118-300, TUCSON AZ 85716
Robert A Leitzman	director, officer: CFO, CAO and V.P.	3400 E. SPEEDWAY BLVD., SUITE 118-300, TUCSON AZ 85716
Glynn A. Burkhardt	director, 10 percent owner, officer: Senior V.P.	11924 N. CENTAURUS PLACE, ORO VALLEY AZ 85737
Donald J Steinberg	director, officer: Former Officer and Director	3223 SUMAC ROAD, FALLBROOK CA 92028