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Near Intelligence (Near Intelligence) Interest Expense : $-10.22 Mil (TTM As of Jun. 2023)


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What is Near Intelligence Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Near Intelligence's interest expense for the three months ended in Jun. 2023 was $ -4.87 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was $-10.22 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. Near Intelligence's Operating Income for the three months ended in Jun. 2023 was $ -16.09 Mil. Near Intelligence's Interest Expense for the three months ended in Jun. 2023 was $ -4.87 Mil. Near Intelligence 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.

Near Intelligence Interest Expense Historical Data

The historical data trend for Near Intelligence'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.

Near Intelligence Interest Expense Chart

Near Intelligence Annual Data
Trend Dec20 Dec21
Interest Expense
-1.73 -2.82

Near Intelligence Quarterly Data
Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23
Interest Expense Get a 7-Day Free Trial Premium Member Only -0.75 -0.97 -1.35 -4.00 -4.87

Near Intelligence 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 Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-10.22 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.

Near Intelligence  (OTCPK:NIRLQ) 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.

Near Intelligence's Interest Expense for the three months ended in Jun. 2023 was $-4.87 Mil. Its Operating Income for the three months ended in Jun. 2023 was $-16.09 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2023 was $3.52 Mil.

Near Intelligence's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Near Intelligence 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.

Near Intelligence (Near Intelligence) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Near Intelligence Inc (OTCPK:NIRLQ) » Definitions » Interest Expense
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Traded in Other Exchanges
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Address
100 W Walnut Street, 4th Floor, Pasadena, CA, USA
Website
https://www.near.com
Near Intelligence Inc is a global, full stack data intelligence software as a service platform that stitches and enriches data on people and places from which its customers can derive actionable intelligence of consumer behavior to help its customers make meaningful decisions.
Executives
Richard J Salute director P O BOX 306, WOODBURY NY 11797
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Shobhit Shukla officer: President 1096 KEELER AVENUE, BERKELEY CA 94708
Gladys Kong officer: COO and Secretary 1096 KEELER AVENUE, BERKELEY CA 94708
Rahul Agarwal officer: Chief Financial Officer 1096 KEELER AVENUE, BERKELEY CA 94708
Anil Mathews director, officer: CEO and Chairman 1096 KEELER AVENUE, BERKELEY CA 94708
Jay Angelo officer: General Counsel 1096 KEELER AVENUE, BERKELEY CA 94708
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