Secure Electronic Technology (NSA:NSLTECH) Interest Expense: ₦-4 Mil (TTM As of Dec. 2024)


NSA:NSLTECH Secure Electronic Technology PLC NSA:NSLTECH
13 GF Score
Price ₦0.82
GF Value ₦0.37
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Secure Electronic Technology Interest Expense?

Secure Electronic Technology NSA:NSLTECH -5.75% 13 Interest Expense is ₦-4 Mil as of Dec. 2024. GuruFocus rates NSA:NSLTECH with a GF Score™ of 13/100 and a GF Value™ of ₦0.37 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Secure Electronic Technology's interest expense for the six months ended in Dec. 2024 was ₦ -4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₦-4 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. Secure Electronic Technology's Operating Income for the six months ended in Dec. 2024 was ₦ -87 Mil. Secure Electronic Technology's Interest Expense for the six months ended in Dec. 2024 was ₦ -4 Mil. Secure Electronic Technology 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.

Secure Electronic Technology  (NSA:NSLTECH) 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.

Secure Electronic Technology's Interest Expense for the six months ended in Dec. 2024 was ₦-4 Mil. Its Operating Income for the six months ended in Dec. 2024 was ₦-87 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was ₦0 Mil.

Secure Electronic Technology's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Secure Electronic Technology 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.

Secure Electronic Technology Interest Expense Historical Data

* Premium members only.

The historical data trend for Secure Electronic Technology'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.

Secure Electronic Technology Interest Expense Chart

Secure Electronic Technology Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Interest Expense
-0.80 -1.03 -2.06 -3.80

Secure Electronic Technology Semi-Annual Data
Dec21 Dec22 Dec23 Dec24
Interest Expense -0.80 -1.03 -2.06 -3.80
NSA:NSLTECH
13GF Score
Secure Electronic Technology PLC NSA:NSLTECH
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Secure Electronic Technology Interest Expense Calculation

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

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₦-4 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 ₦-4 Mil mean?
Secure Electronic Technology (NSA:NSLTECH) has a Interest Expense of ₦-4 Mil as of Dec. 2024. Interest Expense is the amount a company pays on its long-term debt. View historical data on Secure Electronic Technology and its competitors.
Is Secure Electronic Technology's Interest Expense too high?
Secure Electronic Technology's current Interest Expense is ₦-4 Mil. Overall, Secure Electronic Technology has a GF Score™ of 13/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Secure Electronic Technology's Interest Expense compare to FLUT and DKNG?
Secure Electronic Technology's Interest Expense of ₦-4 Mil can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Interest Expense depends on the Travel & Leisure 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 Secure Electronic Technology and its competitors. Secure Electronic Technology's current Interest Expense is ₦-4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Secure Electronic Technology stock overvalued right now?
Based on GuruFocus' analysis, Secure Electronic Technology (NSA:NSLTECH) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦0.37, compared to a current price of ₦0.82 — trading 121.6% above its estimated fair value. The current Interest Expense is ₦-4 Mil. Secure Electronic Technology's overall GF Score™ is 13/100 with 1 warning sign to review. 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 Secure Electronic Technology (NSA:NSLTECH), the current Interest Expense is ₦-4 Mil as of Dec. 2024. 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.

Is Secure Electronic Technology (NSA:NSLTECH) Overvalued in 2026?

Based on GuruFocus' analysis, Secure Electronic Technology stock appears to be overvalued. The current stock price of ₦0.82 is trading 121.6% above its estimated GF Value™ of ₦0.37. GuruFocus considers Secure Electronic Technology to be Significantly Overvalued.

Key valuation signals for NSA:NSLTECH:

  • Interest Expense: ₦-4 Mil
  • GF Value™: ₦0.37 vs. price of ₦0.82 (121.6% above fair value)
  • GF Score™: 13/100 with 1 warning sign

No single metric tells the full story. See the NSA:NSLTECH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Secure Electronic Technology Business Description

Address 107, Bamgbose Street, Lagos Island, Lagos, NGA
Secure Electronic Technology PLC is engaged in operating the national lottery in Nigeria. The company's games include 5OF90.
13GF Score

Get the complete analysis for NSA:NSLTECH

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

₦0.82
Price
₦0.37
GF Value