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Good Natured Products (TSXV:GDNP) Interest Expense : C$-8.17 Mil (TTM As of Mar. 2024)


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What is Good Natured Products Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Good Natured Products's interest expense for the three months ended in Mar. 2024 was C$ -2.29 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was C$-8.17 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. Good Natured Products's Operating Income for the three months ended in Mar. 2024 was C$ -1.54 Mil. Good Natured Products's Interest Expense for the three months ended in Mar. 2024 was C$ -2.29 Mil. Good Natured Products 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.

Good Natured Products Interest Expense Historical Data

The historical data trend for Good Natured Products'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.

* Premium members only.

Good Natured Products Interest Expense Chart

Good Natured Products Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.77 -3.44 -4.55 -5.55 -7.68

Good Natured Products 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.80 -1.80 -2.12 -1.96 -2.29

Good Natured Products 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$-8.17 Mil.

* 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.

Good Natured Products  (TSXV:GDNP) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Good Natured Products's Interest Expense for the three months ended in Mar. 2024 was C$-2.29 Mil. Its Operating Income for the three months ended in Mar. 2024 was C$-1.54 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was C$54.06 Mil.

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

Good Natured Products did not have earnings to cover the interest expense.

* 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.

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

Good Natured Products (TSXV:GDNP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Good Natured Products Inc (TSXV:GDNP) » Definitions » Interest Expense
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Traded in Other Exchanges
GDNPF:USA 2VL:Germany
Address
814 - 470 Granville Street, Vancouver, BC, CAN, V6C 1V5
Website
https://www.goodnatured.ca
Good Natured Products Inc offers a broad assortment of plant-based products. All of the Company's operations are within the packaging and consumer goods manufacturing industry. The Company manufactures and/or sources over 400 products that are grouped into five business groups: General Merchandise, Packaging, Industrial, Commercial Supplies, and Services. The Company offers its products through wholesale, direct to business, and retail channels.
Executives
James Noel Harvey Senior Officer

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