NOWG (Nowigence) Interest Expense: $-0.04 Mil (TTM As of Dec. 2022)


NOWG Nowigence Inc NOWG
16 GF Score
Price $1.24
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What is Nowigence Interest Expense?

Nowigence NOWG 16 Interest Expense is $-0.04 Mil as of Dec. 2022. GuruFocus rates NOWG with a GF Score™ of 16/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nowigence's interest expense for the six months ended in Dec. 2022 was $ -0.03 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2022 was $-0.04 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. Nowigence's Operating Income for the six months ended in Dec. 2022 was $ -1.08 Mil. Nowigence's Interest Expense for the six months ended in Dec. 2022 was $ -0.03 Mil. Nowigence 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.

Nowigence  (OTCPK:NOWG) 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.

Nowigence's Interest Expense for the six months ended in Dec. 2022 was $-0.03 Mil. Its Operating Income for the six months ended in Dec. 2022 was $-1.08 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2022 was $0.32 Mil.

Nowigence's Interest Coverage for the quarter that ended in Dec. 2022 is calculated as

Nowigence 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.

Nowigence Interest Expense Historical Data

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The historical data trend for Nowigence'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.

Nowigence Interest Expense Chart

Nowigence Annual Data
Trend Dec20 Dec21 Dec22
Interest Expense
-0.01 -0.02 -0.04

Nowigence Semi-Annual Data
Dec20 Dec21 Jun22 Dec22
Interest Expense 0.00 0.00 -0.02 -0.03
NOWG
16GF Score
Nowigence Inc NOWG
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Nowigence 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 Dec. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.04 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-0.04 Mil mean?
Nowigence (NOWG) has a Interest Expense of $-0.04 Mil as of Dec. 2022. Interest Expense is the amount a company pays on its long-term debt. View historical data on Nowigence and its competitors.
Is Nowigence's Interest Expense too high?
Nowigence's current Interest Expense is $-0.04 Mil. Overall, Nowigence has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Nowigence's Interest Expense compare to BMTX and LZGI?
Nowigence's Interest Expense of $-0.04 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Software company?
A good Interest Expense depends on the Software industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Nowigence and its competitors. Nowigence's current Interest Expense is $-0.04 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nowigence stock overvalued right now?
Nowigence (NOWG) has a current Interest Expense of $-0.04 Mil. The current Interest Expense is $-0.04 Mil. Nowigence's overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Nowigence (NOWG), the current Interest Expense is $-0.04 Mil as of Dec. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Nowigence Business Description

Address 313 Ushers Road, Suite 33, Ballston Lake, New York, NY, USA, 12019
Nowigence Inc is a software-as-a-service (SaaS) company focused on developing and bringing to market Pluaris, which is a comprehensive, ready-to-use artificial intelligence (AI) platform. Pluaris is created to replace contemporary search boxes found in apps, cloud data storage tools, intranets or company websites.
16GF Score

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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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