NTWK (NETSOL Technologies) Interest Expense : $-1.12 Mil (TTM As of Sep. 2024)

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What is NETSOL Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. NETSOL Technologies's interest expense for the three months ended in Sep. 2024 was $ -0.26 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-1.12 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. NETSOL Technologies's Operating Income for the three months ended in Sep. 2024 was $ -0.76 Mil. NETSOL Technologies's Interest Expense for the three months ended in Sep. 2024 was $ -0.26 Mil. NETSOL Technologies 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.

NETSOL Technologies Interest Expense Historical Data

The historical data trend for NETSOL Technologies'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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NETSOL Technologies Interest Expense Chart

NETSOL Technologies Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Interest Expense

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-0.35

-0.39

-0.37

-0.77

-1.14

NETSOL Technologies Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Expense	Get a 7-Day Free Trial															-0.28	-0.29	-0.29	-0.29	-0.26

NETSOL Technologies 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.12 Mil.

NETSOL Technologies (NAS:NTWK) 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.

NETSOL Technologies's Interest Expense for the three months ended in Sep. 2024 was $-0.26 Mil. Its Operating Income for the three months ended in Sep. 2024 was $-0.76 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $0.69 Mil.

NETSOL Technologies's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

NETSOL Technologies did not have earnings to cover the interest expense.

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

NETSOL Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » NETSOL Technologies Inc (NAS:NTWK) » Definitions » Interest Expense

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NS9B:Germany

Address

16000 Ventura Boulevard, Suite 770, Encino, CA, USA, 91436

Website

https://www.netsoltech.com

NETSOL Technologies Inc is involved in providing information technology and enterprise software solutions. Its products and services include NFS Ascent, NFS Digital, Leasepak Cloud, Business consultancy, and information security services among others. The firm has North America, Europe, and Asia-Pacific segments, of which the majority of the revenue is derived from Asia-Pacific. It derives revenue from licensing, customization, enhancements, and maintenance of its financial applications. The company promotes and sells its products under the Netsol financial suite.

Executives

Michael Richard Francis	director	C/O NETSOL TECHNOLOGIES, INC., 16000 VENTURA BLVD., SUITE 770, ENCINO CA 91436
Roger Kent Almond	officer: CFO	C/O NETSOL TECHNOLOGIES, INC., 24025 PARK SORRENTO, SUITE 410, CALABASAS CA 91302
Naeem Ghaur	director, 10 percent owner, officer: CEO	23901CALABASAS ROAD, SUITE 2072, CALABASAS CA 91302
Najeeb Ghauri	director, officer: CFO, Chairman	24025, CALABASAS CA 91302
Henry Arnolfo Tolentino	director	C/O NETSOL TECHNOLOGIES, INC., 23975 PARK SORRENTO, STE 250, CALABASAS CA 91302
Malea Farsai	director	23901 CALABASAS ROAD, SUITE 2072, CALABASAS CA 91302
Syed Kausar Kazmi	director	C/O.NETSOL TECHNOLOGIES.INC., 23975 PARK SORRENTO, SUITE 250, CALABASAS CA 91302
Mark Caton	director	P O BO 270052, SAN DIEGO CA 92198
Eugen Beckert	director	24025 PARK SORRENTO, SUITE 410, CALABASAS CA 91302
Shahid Burki	director	11112 STACKHOUSE CT, POTOMAC MD 20854
Mcglasson Patti L W	officer: Secretary	23901 CALABASAS RD STE 2072, CALABASAS CA 91302
Asad Ullah Ghauri	director	24025 PARK SORRENTO, SUITE 410, C/O NETSOL TECHNOLOGIES, INC., CALABASAS CA 91302
Jeffrey M Bilbrey	director	C/O NETSOL TECHNOLOGIES, INC., 24025 PARK SORRENTO, SUITE 410, CALABASAS CA 91302
Salim U Ghauri	director, 10 percent owner, officer: President	24011 VENTURA BLVD #101, CALABASAS CA 91302
Alexander Shakow	director	NETSOL TECHNOLOGIES INC, 23901 CALABASAS ROAD STE 2072, CALABASAS CA 91032