NVTS has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
NVTS has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Navitas Semiconductor's interest expense for the three months ended in Sep. 2024 was $ -0.04 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-0.11 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. Navitas Semiconductor's Operating Income for the three months ended in Sep. 2024 was $ -28.97 Mil. Navitas Semiconductor's Interest Expense for the three months ended in Sep. 2024 was $ -0.04 Mil. Navitas Semiconductor 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.
The historical data trend for Navitas Semiconductor'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.
Navitas Semiconductor Annual Data | |||||||||
Trend | Dec20 | Dec21 | Dec22 | Dec23 | |||||
Interest Expense | -0.24 | -0.26 | - | - |
Navitas Semiconductor Quarterly Data | ||||||||||||||||
Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Interest Expense | Get a 7-Day Free Trial | -1.65 | - | - | -0.07 | -0.04 |
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 $-0.11 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.
Navitas Semiconductor (NAS:NVTS) 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.
Navitas Semiconductor's Interest Expense for the three months ended in Sep. 2024 was $-0.04 Mil. Its Operating Income for the three months ended in Sep. 2024 was $-28.97 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $5.99 Mil.
Navitas Semiconductor's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as
Navitas Semiconductor 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.
Wunderlich Gary Kent Jr | director | CLO B. RILEY FINANCIAL, INC.,, 21255 BURBANK BLVD., SUITE 400, WOODLAND CA 91367 |
Richard J Hendrix | director | 1300 NORTH 17TH STREET, ARLINGTON VA 22209 |
Eugene Sheridan | director, officer: Chief Executive Officer | C/O NAVITAS SEMICONDUCTOR CORPORATION, 3520 CHALLENGER STREET, TORRANCE CA 90503-1640 |
Daniel M. Kinzer | director, officer: Chief Oprtng and Tech Officer | C/O CORP SEC, FAIRCHILD SEMICONDUCTOR, 82 RUNNING HILL RD., S. PORTLAND ME 04106 |
David Moxam | director | C/O 2101 EL SEGUNDO BLVD., SUITE 204, EL SEGUNDO CA 90245 |
Dipender Saluja | director | 1730 TECHNOLOGY DRIVE, SAN JOSE CA 95110 |
Ranbir Singh | 10 percent owner, officer: EVP, GeneSic Business | 2101 E. EL SEGUNDO BLVD., STE. 205, EL SEGUNDO CA 90245 |
Ron Shelton | officer: Sr VP, CFO and Treasurer | |
Sicpower, Llc | 10 percent owner | C/O CORPORATION SERVICE COMPANY, 251 LITTLE FALLS DRIVE, WILMINGTON DE 19808 |
Todd Glickman | officer: Interim Chf Financial Officer | C/O 2101 EL SEGUNDO BLVD., SUITE 204, EL SEGUNDO CA 90245 |
Malibuiq, Llc | 10 percent owner | 21245 SMITH ROAD, COVINGTON LA 70435 |
Brian Long | director | |
Atalaya Capital Management Lp | 10 percent owner | ONE ROCKEFELLER PLAZA, 32ND FLOOR, NEW YORK NY 10020 |
Atalaya Special Purpose Investment Fund Lp | 10 percent owner | ONE ROCKEFELLER PLAZA, NEW YORK NY 10710 |
Acm Asof Vii (cayman) Holdco Lp | 10 percent owner | ONE ROCKEFELLER PLAZA, 32ND FLOOR, NEW YORK NY 10022 |
From GuruFocus
By GuruFocus News • 11-04-2024
By Marketwired • 12-05-2024
By Marketwired • 08-01-2024
By GlobeNewswire • 12-03-2024
By Marketwired • 10-14-2024
By GuruFocus Research • 08-05-2024
By Marketwired • 11-14-2024
By Marketwired • 10-09-2024
By GuruFocus Research • 08-06-2024
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.