Nuburu (Nuburu) Interest Expense : $-1.71 Mil (TTM As of Mar. 2024)

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What is Nuburu Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nuburu's interest expense for the three months ended in Mar. 2024 was $ -0.95 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-1.71 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. Nuburu's Operating Income for the three months ended in Mar. 2024 was $ -4.77 Mil. Nuburu's Interest Expense for the three months ended in Mar. 2024 was $ -0.95 Mil. Nuburu 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.

Nuburu Interest Expense Historical Data

The historical data trend for Nuburu'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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Nuburu Interest Expense Chart

Nuburu Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Interest Expense

-1.65

-0.18

-0.76

Nuburu Quarterly Data
	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial								-	-0.01	-0.16	-0.58	-0.95

Nuburu 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 $-1.71 Mil.

Nuburu (AMEX:BURU) 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.

Nuburu's Interest Expense for the three months ended in Mar. 2024 was $-0.95 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-4.77 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $6.83 Mil.

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

Nuburu did not have earnings to cover the interest expense.

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

Nuburu (Nuburu) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nuburu Inc (AMEX:BURU) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

7442 Tucson Way, Suite 130, Centennial, CO, USA, 80112

Website

https://www.nuburu.net

Nuburu Inc is a specialist of high-speed, high-quality metal machining and processing. The company's ground-breaking blue laser technology has defined a new class of high-power, high-brightness blue lasers, starting with the standard AO laser and the extreme-brightness AI laser, which each enable radical gains in speed and quality for metal processing.

Executives

John R Bolton	director	15415 KATY FREEWAY, SUITE 100, HOUSTON TX 77094
David Seldin	10 percent owner	12610 RACE TRACK ROAD, SUITE 250, TAMPA FL 33626
Wilson-garling 2023 Family Trust	10 percent owner	C/O NUBURU, INC., 7442 S TUCSON WAY, SUITE 130, CENTENNIAL CO 80112
Anzu Partners Llc	10 percent owner	12610 RACE TRACK ROAD, SUITE 250, TAMPA FL 33626
Anzu Nuburu V Llc	10 percent owner	12610 RACE TRACK ROAD, SUITE 250, TAMPA FL 33626
Whitney Haring-smith	10 percent owner	12610 RACE TRACT ROAD, SUITE 250, TAMPA FL 33626
Anzu Nuburu Llc	10 percent owner	12610 RACE TRACK ROAD, SUITE 250, TAMPA FL 33626
Debrah Herman	10 percent owner	12610 RACE TRACK ROAD, SUITE 250, TAMPA FL 33626
Anzu Nuburu Ii Llc	10 percent owner	12610 RACE TRACK ROAD, SUITE 250, TAMPA FL 33626
Anzu Nuburu Iii Llc	10 percent owner	12610 RACE TRACK ROAD, SUITE 250, TAMPA FL 33626
Cst Global Llc	10 percent owner	6835 PASEO LAREDO, LA JOLLA CA 92037
David & Jennifer Michael Family Ltd Partnership	10 percent owner	6835 PASEO LAREDO, LA JOLLA CA 92037
Mark Zediker	director, officer: Chief Executive Officer	7442 SOUTH TUCSON WAY, #130, CENTENNIAL CO 80112
Wilson-garling 2020 Family Trust	10 percent owner	C/O NUBURU, INC., 7442 S TUCSON WAY, SUITE 130, CENTENNIAL CO 80112
Brian Knaley	officer: Chief Financial Officer	C/O ARC GROUP WORLDWIDE, INC., 810 FLIGHTLINE BLVD., DELAND FL 32724

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