NNRF (NNRI) Interest Expense : $ Mil (TTM As of Sep. 2023)

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What is NNRF Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. NNRF's interest expense for the three months ended in Sep. 2023 was $ 0.00 Mil. NNRF does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Sep. 2023.

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. NNRF's Operating Income for the three months ended in Sep. 2023 was $ -0.15 Mil. NNRF's Interest Expense for the three months ended in Sep. 2023 was $ 0.00 Mil. NNRF has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

NNRF Interest Expense Historical Data

The historical data trend for NNRF'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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NNRF Interest Expense Chart

NNRF Annual Data

Trend

Interest Expense

NNRF Quarterly Data
	Sep22	Sep23
Interest Expense	-	-

NNRF Interest Expense Calculation

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

NNRF (OTCPK:NNRI) 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.

NNRF's Interest Expense for the three months ended in Sep. 2023 was $0.00 Mil. Its Operating Income for the three months ended in Sep. 2023 was $-0.15 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was $0.00 Mil.

NNRF's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

NNRF had no long-term debt ⁽¹⁾.

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

Good Sign:

NNRF Inc has no debt.

NNRF (NNRI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » NNRF Inc (OTCPK:NNRI) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

2475 Hiko Avenue, Reno, NV, USA, 89512

Website

http://www.nucon-rf.com

NNRF Inc is a project development and asset management company focused on environmental, agricultural, and nutraceutical fields. It is positioning itself as an eco-friendly holding company. The company aims to become a diversified holding company, maximizing shareholders' value and enabling economic development with a specific focus on emerging green markets. It looks to build value by targeting companies that are positioned to grow as the world moves to invest in and develop green technologies, green energy, and healthier living and lifestyles.

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