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Nairobi Business Ventures (NAI:NBV) Interest Expense : KES Mil (TTM As of . 20)


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What is Nairobi Business Ventures Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nairobi Business Ventures's interest expense for the six months ended in . 20 was KES 0.00 Mil. Nairobi Business Ventures does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in . 20.

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. Nairobi Business Ventures's Operating Income for the six months ended in . 20 was KES 0.00 Mil. Nairobi Business Ventures's Interest Expense for the six months ended in . 20 was KES 0.00 Mil. Nairobi Business Ventures 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.


Nairobi Business Ventures Interest Expense Historical Data

The historical data trend for Nairobi Business Ventures'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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Nairobi Business Ventures Interest Expense Chart

Nairobi Business Ventures Annual Data
Trend
Interest Expense

Nairobi Business Ventures Semi-Annual Data
Interest Expense

Nairobi Business Ventures Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.


Nairobi Business Ventures  (NAI:NBV) 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.

Nairobi Business Ventures's Interest Expense for the six months ended in . 20 was KES0.00 Mil. Its Operating Income for the six months ended in . 20 was KES0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in . 20 was KES0.00 Mil.

Nairobi Business Ventures's Interest Coverage for the quarter that ended in . 20 is calculated as

Nairobi Business Ventures had no long-term debt (1).

* 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.


Nairobi Business Ventures Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
North Airport Road, Shreeji House, Embakasi, P.O. Box 18281-00500, Nairobi, KEN
Nairobi Business Ventures is engaged in wholesaler and retailer of premium leather products.

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