Naas Technology (Naas Technology) Interest Expense : $-5.96 Mil (TTM As of Mar. 2024)

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What is Naas Technology Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Naas Technology's interest expense for the three months ended in Mar. 2024 was $ -2.46 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-5.96 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. Naas Technology's Operating Income for the three months ended in Mar. 2024 was $ -26.58 Mil. Naas Technology's Interest Expense for the three months ended in Mar. 2024 was $ -2.46 Mil. Naas Technology 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.

Naas Technology Interest Expense Historical Data

The historical data trend for Naas Technology'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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Naas Technology Interest Expense Chart

Naas Technology Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Interest Expense

-0.05

-0.17

-1.47

-4.52

Naas Technology Quarterly Data
	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial							-1.03	-1.01	-1.17	-1.32	-2.46

Naas Technology 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 $-5.96 Mil.

Naas Technology (NAS:NAAS) 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.

Naas Technology's Interest Expense for the three months ended in Mar. 2024 was $-2.46 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-26.58 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $78.99 Mil.

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

Naas Technology did not have earnings to cover the interest expense.

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

Naas Technology (Naas Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Naas Technology Inc (NAS:NAAS) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

6RE0:Germany

Address

No.1 Yaojiayuan South Road, Newlink Center, Area G, Building 7, Huitong Times Square, Chaoyang District, Beijing, CHN, 100024

Website

https://www.enaas.com

Naas Technology Inc is an electric vehicle charging service provider in China, whose vision is to power the world with carbon-neutral energy. It offers an integrated set of online solutions to charging station operators. wide range of offline services that simplify the daily operations of charging station operators, and of non-charging services such as food and beverage services to station operators.