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NOVONIX (ASX:NVX) Interest Expense : A$0.00 Mil (TTM As of Dec. 2023)


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What is NOVONIX Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. NOVONIX's interest expense for the three months ended in Dec. 2023 was A$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was A$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. NOVONIX's Operating Income for the three months ended in Dec. 2023 was A$ 0.00 Mil. NOVONIX's Interest Expense for the three months ended in Dec. 2023 was A$ 0.00 Mil. GuruFocus does not calculate NOVONIX's interest coverage with the available data. 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.


NOVONIX Interest Expense Historical Data

The historical data trend for NOVONIX'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.

NOVONIX Interest Expense Chart

NOVONIX Annual Data
Trend Sep15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only -1.58 -3.42 -0.18 -2.09 -4.25

NOVONIX Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 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 - - - - -

NOVONIX 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 quarterly data reported by the company within the most recent 12 months, which was A$0.00 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.


NOVONIX  (ASX:NVX) 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.

NOVONIX's Interest Expense for the three months ended in Dec. 2023 was A$0.00 Mil. Its Operating Income for the three months ended in Dec. 2023 was A$0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was A$101.14 Mil.

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

GuruFocus does not calculate NOVONIX's interest coverage with the available data.

* 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.


NOVONIX (ASX:NVX) Business Description

Traded in Other Exchanges
Address
71 Eagle Street, Level 38, Brisbane, QLD, AUS, 4000
NOVONIX Ltd operates in the lithium-ion battery industry. The company has three operating segments namely Graphite Exploration and Mining, Battery Technology, and NOVONIX Anode Materials. Graphite Exploration and Mining segment is engaged in the exploration and development of high-grade flake graphite deposit. TheNOVONIX Anode Materials segment develops and manufactures battery anode materials. The Battery Technology segment develops battery cell testing equipment and carried out research and development in battery development. The Battery Technology segment is the major revenue contributor to the company.