Nuvation Bio (Nuvation Bio) Interest Expense : $0.00 Mil (TTM As of Sep. 2021)

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What is Nuvation Bio Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nuvation Bio's interest expense for the three months ended in Sep. 2021 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2021 was $0.00 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. Nuvation Bio's Operating Income for the three months ended in Sep. 2021 was $ -22.79 Mil. Nuvation Bio's Interest Expense for the three months ended in Sep. 2021 was $ 0.00 Mil. Nuvation Bio has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Nuvation Bio Interest Expense Historical Data

The historical data trend for Nuvation Bio'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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Nuvation Bio Interest Expense Chart

Nuvation Bio Annual Data

Trend

Dec20

Dec21

Interest Expense

Nuvation Bio Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21
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Nuvation Bio 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 Sep. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Nuvation Bio (NYSE:NUVB.WS) 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.

Nuvation Bio's Interest Expense for the three months ended in Sep. 2021 was $0.00 Mil. Its Operating Income for the three months ended in Sep. 2021 was $-22.79 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2021 was $0.00 Mil.

Nuvation Bio's Interest Coverage for the quarter that ended in Sep. 2021 is calculated as

Nuvation Bio had no long-term debt ⁽¹⁾.

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

Good Sign:

Ben Graham prefers companies interest coverage is at least 5. Nuvation Bio Inc has enough cash to cover all of its debt. Its financial situation is stable.

Nuvation Bio (Nuvation Bio) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Nuvation Bio Inc (NYSE:NUVB.WS) » Definitions » Interest Expense

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Address

1500 Broadway, Suite 1401, New York, NY, USA, 10036

Website

https://www.nuvationbio.com

Nuvation Bio Inc is a biopharmaceutical company. The company is engaged in developing therapeutic candidates for the unmet needs in oncology. The firm operates in pharmaceutical, biotechnology and other related markets that develop small molecules and drug conjugates as treatments for cancer patients.