NXMR (NextMart) Interest Expense: $-0.03 Mil (TTM As of Jun. 2021)

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What is NextMart Interest Expense?

NextMart NXMR Interest Expense is $-0.03 Mil as of Jun. 2021.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. NextMart's interest expense for the three months ended in Jun. 2021 was $ 0.03 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2021 was $-0.03 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. NextMart's Operating Income for the three months ended in Jun. 2021 was $ 0.14 Mil. NextMart's Interest Expense for the three months ended in Jun. 2021 was $ 0.03 Mil. NextMart 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.

NextMart  (OTCPK:NXMR) 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.

NextMart's Interest Expense for the three months ended in Jun. 2021 was $0.03 Mil. Its Operating Income for the three months ended in Jun. 2021 was $0.14 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2021 was $0.18 Mil.

NextMart's Interest Coverage for the quarter that ended in Jun. 2021 is calculated as

* 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.

NextMart Interest Expense Historical Data

* Premium members only.

The historical data trend for NextMart'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.

NextMart Interest Expense Chart

NextMart Annual Data
Trend Mar06 Mar07 Sep08 Sep09 Sep10 Sep16 Sep17 Sep18 Sep19 Sep20
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.09 -0.08 -0.09 -0.10 -0.09

NextMart Quarterly Data
Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep16 Sep17 Sep18 Sep19 Sep20 Dec20 Mar21 Jun21
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 -0.03 -0.03 0.03

NextMart 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 Jun. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.03 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 $-0.03 Mil mean?
NextMart (NXMR) has a Interest Expense of $-0.03 Mil as of Jun. 2021. Interest Expense is the amount a company pays on its long-term debt. View historical data on NextMart and its competitors.
Is NextMart's Interest Expense too high?
NextMart's current Interest Expense is $-0.03 Mil.
How does NextMart's Interest Expense compare to ISIG and CNET?
NextMart's Interest Expense of $-0.03 Mil can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Interest Expense depends on the Oil & Gas 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 NextMart and its competitors. NextMart's current Interest Expense is $-0.03 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NextMart stock overvalued right now?
NextMart (NXMR) has a current Interest Expense of $-0.03 Mil. The current Interest Expense is $-0.03 Mil. 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 NextMart (NXMR), the current Interest Expense is $-0.03 Mil as of Jun. 2021. 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.

NextMart Business Description

Industry EnergyOil & Gas
Address 335 Constance Drive, Waminster, PA, USA, 18974
NextMart Inc is engaged in an oilfield service business. The company services include salt water and freshwater hauling, hydrovac services, pressure control and flowback, solids control, drilling cuttings removal and disposal, oilfield construction, tank/pit cleaning, rig and tank steam cleaning, hotshot delivery, winch truck heavy hauling, and frac tank rentals.