Hemp (HEMP) Interest Expense : $ Mil (TTM As of . 20)

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What is Hemp Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hemp's interest expense for the three months ended in . 20 was $ 0.00 Mil. Hemp does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in . 20.

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. Hemp's Operating Income for the three months ended in . 20 was $ 0.00 Mil. Hemp's Interest Expense for the three months ended in . 20 was $ 0.00 Mil. Hemp 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.

Hemp Interest Expense Historical Data

The historical data trend for Hemp'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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Hemp Interest Expense Chart

Hemp Annual Data

Trend

Interest Expense

Hemp Quarterly Data

Interest Expense

Hemp Interest Expense Calculation

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

Hemp (OTCPK:HEMP) 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.

Hemp's Interest Expense for the three months ended in . 20 was $0.00 Mil. Its Operating Income for the three months ended in . 20 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in . 20 was $0.00 Mil.

Hemp's Interest Coverage for the quarter that ended in . 20 is calculated as

Hemp had no long-term debt ⁽¹⁾.

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

Hemp (HEMP) Business Description

Industry

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

Traded in Other Exchanges

N/A

Address

7380 S. EASTERN AVE., No. 124-342, Las Vegas, NV, USA, 89123

Website

https://www.hempinc.com

Hemp Inc is engaged in offering industrial hemp and the myriad of clean, green sustainable products that industrial hemp offers to the world. Hemp products are eco-friendly, healthy, and can often replace petroleum-based products. Its product line includes Bubba Kush hemp, Pre-rolls, Fortified Pre-rolls, Caviar/Moon Rocks, and Diamonds. It produces lost circulation material (LCM), called DrillWall, which can be sold to the oil and gas drilling industry, along with an all-green natural oil spill absorbent, a second industrial kenaf-hemp product called Spill-Be-Gone.