GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nuchev Ltd (ASX:NUC) » Definitions » Interest Expense

Nuchev (ASX:NUC) Interest Expense : A$-0.09 Mil (TTM As of Dec. 2023)


View and export this data going back to 2019. Start your Free Trial

What is Nuchev Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nuchev's interest expense for the six months ended in Dec. 2023 was A$ -0.02 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was A$-0.09 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. Nuchev's Operating Income for the six months ended in Dec. 2023 was A$ -3.33 Mil. Nuchev's Interest Expense for the six months ended in Dec. 2023 was A$ -0.02 Mil. Nuchev 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.


Nuchev Interest Expense Historical Data

The historical data trend for Nuchev'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.

Nuchev Interest Expense Chart

Nuchev Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
Interest Expense
- -0.73 -0.01 -0.01 -0.07

Nuchev Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only -0.02 0.01 - -0.07 -0.02

Nuchev 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-0.09 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.


Nuchev  (ASX:NUC) 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.

Nuchev's Interest Expense for the six months ended in Dec. 2023 was A$-0.02 Mil. Its Operating Income for the six months ended in Dec. 2023 was A$-3.33 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was A$0.22 Mil.

Nuchev's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Nuchev 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.


Nuchev (ASX:NUC) Business Description

Traded in Other Exchanges
N/A
Address
636 St Kilda Road, Level 12, Melbourne, VIC, AUS, 3004
Nuchev Ltd is a globally-oriented food business focused on developing, marketing, and selling a range of premium Australian made goat nutritional products. Its primary products include its Oli6 branded goat infant formula and nutritional range, which are sold across multiple sales channels in Australia and China.

Nuchev (ASX:NUC) Headlines

No Headlines