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NUVOQ (Holdco Nuvo Group DG) Interest Expense : $-0.04 Mil (TTM As of Dec. 2023)


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What is Holdco Nuvo Group DG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Holdco Nuvo Group DG's interest expense for the six months ended in Dec. 2023 was $ -0.03 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 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. Holdco Nuvo Group DG's Operating Income for the six months ended in Dec. 2023 was $ -8.04 Mil. Holdco Nuvo Group DG's Interest Expense for the six months ended in Dec. 2023 was $ -0.03 Mil. Holdco Nuvo Group DG 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.

Holdco Nuvo Group DG Interest Expense Historical Data

The historical data trend for Holdco Nuvo Group DG'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.

Holdco Nuvo Group DG Interest Expense Chart

Holdco Nuvo Group DG Annual Data
Trend Dec21 Dec22 Dec23
Interest Expense
-0.57 -0.07 -0.04

Holdco Nuvo Group DG Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Interest Expense - -0.06 -0.01 -0.02 -0.03

Holdco Nuvo Group DG 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. 2023 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.

Holdco Nuvo Group DG  (OTCPK:NUVOQ) 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.

Holdco Nuvo Group DG's Interest Expense for the six months ended in Dec. 2023 was $-0.03 Mil. Its Operating Income for the six months ended in Dec. 2023 was $-8.04 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was $0.95 Mil.

Holdco Nuvo Group DG's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Holdco Nuvo Group DG 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.

Holdco Nuvo Group DG Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Holdco Nuvo Group DG Ltd (OTCPK:NUVOQ) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
94 Yigal Alon Street, Alon Tower 1, Tel Aviv, ISR, 6789155
Website
https://www.nuvocares.com
Holdco Nuvo Group DG Ltd is a women's health and connected pregnancy care company and has developed INVU by Nuvo, an FDA-cleared, prescription-initiated, remote pregnancy monitoring platform that enables the delivery of remote non-stress tests and maternal and fetal heart rate monitoring, helping expectant mothers adhere to their prescribed care plan. INVU is composed of a hardware component (wearable), with digital signal processing and cloud analytics, and interfaces for every participant involved in pregnancy care.