What is NVE Interest Expense?
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. NVE's interest expense for the
three
months ended in Dec. 2024 was $ 0.00 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was $0.00 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. NVE's Operating Income for the
three
months ended in Dec. 2024 was $ 2.96 Mil. NVE's Interest Expense for the
three
months ended in Dec. 2024 was $ 0.00 Mil.
GuruFocus does not calculate NVE's interest coverage with the available data.
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.
NVE 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 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.
NVE (NAS:NVEC) 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.
NVE's Interest Expense for the
three
months ended in Dec. 2024 was $0.00 Mil. Its
Operating Income
for the
three
months ended in Dec. 2024 was $2.96 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Dec. 2024 was $0.87 Mil.
NVE's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as
| GuruFocus does not calculate NVE's interest coverage with the available data. |
* 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.
Good Sign:
Ben Graham prefers companies' interest coverage to be at least 5. NVE Corp has enough cash to cover all of its debt. Its financial situation is stable.
NVE Business Description
Traded in Other Exchanges
Address
11409 Valley View Road, Eden Prarie, MN, USA, 55344
NVE Corp develops and sells devices that use spintronics, a nanotechnology that relies on electron spin. It manufactures high-performance spintronic products including sensors and couplers that are used to acquire and transmit data. The company's products include Digital sensors, Medical sensors, Rotation Sensors, GT Sensors, Angle Sensors, Analog sensors, MSOP Isolators, Passive-In Transceivers, and others. The company manufactures high-performance spintronic products including sensors and couplers. The company's designs are based on giant magnetoresistance GMR and tunneling magnetoresistance TMR combined with integrated circuitry.
Executives
| Terrence Glarner |
director |
160 MONTROSE PLACE, ST. PAUL MN 55104 |
| Patricia M Hollister |
director |
3455 LYMAN BLVD, CHASKA MN 55318-3052 |
| Daniel A Baker |
director, officer: President and CEO |
11409 VALLEY VIEW ROAD, EDEN PRAIRIE MN 55344-3617 |
| James W Bracke |
director |
15411 MASON POINTE, EDEN PRAIRIE MN 55347 |
| Curt A Reynders |
officer: Chief Financial Officer |
11409 VALLEY VIEW ROAD, EDEN PRAIRIE MN 55344 |
| James D Hartman |
director |
|
| Richard W Kramp |
director |
174 STONEBRIDGE ROAD, ST. PAUL MN 55118 |
| Gary R Maharaj |
director |
9924 WEST 74TH STREET, EDEN PRAIRIE MN 55344 |
| Robert Irish |
director |
17910-39TH PLACE NORTH, PLYMOUTH MN 55446 |
| Daughton James Dr |
director, 10 percent owner, officer: Chief Technology Officer |
|
| Richard George |
officer: Chief Financial Officer |
|
| Wells Fargo & Company/mn |
10 percent owner |
420 MONTGOMERY STREET, SAN FRANCISCO CA 94163 |
| Partners Itasca |
10 percent owner |
3600 IDS CENTER, 80 SOUTH EIGHT ST, MINNEAPOLIS MN 55402 |
| Norwest Equity Partners Iv Lp /mn/ |
10 percent owner |
3600 IDS CENTER 80 SOUTH EIGHTH STREET, MINNEAPOLIS MN 554026 |
| Still George J Jr |
10 percent owner |
NORWEST VENTURE PARTNERS, 525 UNIVERSITY AVENUE, SUITE 800, PALO ALTO CA 94301 |
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