Gold Flora (NEOE:GRAM) Interest Expense : C$-19.5 Mil (TTM As of Mar. 2024)

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What is Gold Flora Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Gold Flora's interest expense for the three months ended in Mar. 2024 was C$ -5.9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was C$-19.5 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. Gold Flora's Operating Income for the three months ended in Mar. 2024 was C$ -12.1 Mil. Gold Flora's Interest Expense for the three months ended in Mar. 2024 was C$ -5.9 Mil. Gold Flora 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.

Gold Flora Interest Expense Historical Data

The historical data trend for Gold Flora'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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Gold Flora Interest Expense Chart

Gold Flora Annual Data

Trend

Dec22

Dec23

Interest Expense

-28.13

-26.35

Gold Flora Quarterly Data
	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial			-7.56	-6.44	-9.24	-4.38	-5.86

Gold Flora 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 C$-19.5 Mil.

Gold Flora (NEOE:GRAM) 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.

Gold Flora's Interest Expense for the three months ended in Mar. 2024 was C$-5.9 Mil. Its Operating Income for the three months ended in Mar. 2024 was C$-12.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was C$188.8 Mil.

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

Gold Flora did not have earnings to cover the interest expense.

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

Gold Flora (NEOE:GRAM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Gold Flora Corp (NEOE:GRAM) » Definitions » Interest Expense

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GRAM:USA

Address

3165 Red Hill Avenue, Costa Mesa, CA, USA, 92626

Website

https://www.goldflora.com

Gold Flora Corp is one of the few cannabis brands that is vertically integrated and woman-owned and operated. Gold Flora started with a mission to provide an easy and consistent way for consumers to enjoy cannabis. After years of hard work and a shared passion for the plant, Gold Flora has become a California powerhouse - with cultivation, manufacturing, extraction, distribution, retail and a portfolio of brands that create an array of superior products that make a difference in people's lives. Its products include disposable vape pens and gold flora flowers.

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