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N2OFF (NITO) Interest Expense : $-0.08 Mil (TTM As of Jun. 2024)


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What is N2OFF Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. N2OFF's interest expense for the three months ended in Jun. 2024 was $ -0.08 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was $-0.08 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. N2OFF's Operating Income for the three months ended in Jun. 2024 was $ -0.87 Mil. N2OFF's Interest Expense for the three months ended in Jun. 2024 was $ -0.08 Mil. N2OFF 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.


N2OFF Interest Expense Historical Data

The historical data trend for N2OFF'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.

N2OFF Interest Expense Chart

N2OFF Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.20 -0.01 -0.01 -0.01

N2OFF Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - - - - -0.08

N2OFF 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.08 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.


N2OFF  (NAS:NITO) 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.

N2OFF's Interest Expense for the three months ended in Jun. 2024 was $-0.08 Mil. Its Operating Income for the three months ended in Jun. 2024 was $-0.87 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was $0.00 Mil.

N2OFF's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

N2OFF 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.


N2OFF Business Description

Traded in Other Exchanges
N/A
Address
HaPardes 134 Meshek Sander, Neve Yarak, ISR, 4994500
N2OFF Inc is a pioneering agri-food tech company dedicated to developing sustainable solutions for the plant-based food industry. Operating through two subsidiaries, it delivers integrated solutions for enhanced safety, quality, and sustainability from field to fork.
Executives
Yaaran Investments Ltd. 10 percent owner HARSIT 7 ST., SHEARY -TIKVA L3 4481000
Roy Borochov director 52 HATEENA, KFAR BEN NUN L3 9978000
Plantify Foods, Inc. 10 percent owner 2264 EAST 11TH AVENUE, VANCOUVER A1 V5N1Z6
Udi Ovadia Kalifi director UZIEL 101, RAMAT GAN L3 5234433
Lital Barda officer: Chief Financial Officer DAVID MEIR GUTMAN 11, PETAH TIKVA L3 4934116
Neta Matis officer: COO of the Issuer's Subsidiary DAVID HAMELECH 11, HOD HASHARON L3 4523403
Omri Kanterovich officer: Interim CFO YUVAL NEEMAN 7, TEL AVIV L3 6967183
Mia Jacqueline Serra officer: Chief Marketing Officer HARAV KOSOVSKY 34, TEL AVIV L3 6291062
Eliahou Arbib director ARLOZOROV 25, RAMAT GAN L3 5248141
David Palach officer: Co-Chief Executive Officer EVEN GVIROL 1, RISHON LEZION L3 7548101
Amitay Weiss director HA'AZTMAUT 41, PETAH TIKVA L3 4937941
Ronen Rosenbloom director NISSIM ALONI 4, TEL AVIV L3 6291918
Israel Yakov Berenstein director SHEVET LEVI 13, PETAH TIKVA L3 4930092
Joachim Fuchs director HAZOREA 67, KFAR SHMARYAHU L3 4691000
Doron Shorrer director KOREH HADOROT 33, JERUSALEM L3 9339348