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NNE (Nano Nuclear Energy) Interest Expense : $0.00 Mil (TTM As of Jun. 2024)


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What is Nano Nuclear Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nano Nuclear Energy's interest expense for the three months ended in Jun. 2024 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was $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. Nano Nuclear Energy's Operating Income for the three months ended in Jun. 2024 was $ -4.32 Mil. Nano Nuclear Energy's Interest Expense for the three months ended in Jun. 2024 was $ 0.00 Mil. GuruFocus does not calculate Nano Nuclear Energy'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.


Nano Nuclear Energy Interest Expense Historical Data

The historical data trend for Nano Nuclear Energy'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.

Nano Nuclear Energy Interest Expense Chart

Nano Nuclear Energy Annual Data
Trend Sep22 Sep23
Interest Expense
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Nano Nuclear Energy Quarterly Data
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Nano Nuclear Energy 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $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.


Nano Nuclear Energy  (NAS:NNE) 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.

Nano Nuclear Energy's Interest Expense for the three months ended in Jun. 2024 was $0.00 Mil. Its Operating Income for the three months ended in Jun. 2024 was $-4.32 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was $1.62 Mil.

Nano Nuclear Energy's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

GuruFocus does not calculate Nano Nuclear Energy'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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Nano Nuclear Energy Inc has enough cash to cover all of its debt. Its financial situation is stable.


Nano Nuclear Energy Business Description

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Traded in Other Exchanges
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Address
10 Times Square, 30th Floor, New York, NY, USA, 10018
Nano Nuclear Energy Inc is an early-stage nuclear energy company developing smaller, cheaper, and safer advanced portable clean energy solutions. It is focused on four business lines as part of development: Micro Nuclear Reactor Business is developing the next-generation nuclear microreactors, in particular ZEUS, a solid core battery reactor, and ODIN, a low-pressure salt coolant reactor. Fuel Fabrication Business, Fuel Transportation Business and Nuclear Consultation Services.

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