Nexcom AS (OCSE:NEXCOM) Interest Expense : kr-10.62 Mil (TTM As of Sep. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Nexcom AS Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nexcom AS's interest expense for the three months ended in Sep. 2024 was kr -9.41 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was kr-10.62 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. Nexcom AS's Operating Income for the three months ended in Sep. 2024 was kr -2.79 Mil. Nexcom AS's Interest Expense for the three months ended in Sep. 2024 was kr -9.41 Mil. Nexcom AS 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.

Nexcom AS Interest Expense Historical Data

The historical data trend for Nexcom AS'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.

Nexcom AS Interest Expense Chart

Nexcom AS Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-0.01

-0.79

-2.07

-1.55

Nexcom AS 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															0.75	-1.21	-	-	-9.41

Nexcom AS 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 kr-10.62 Mil.

Nexcom AS (OCSE:NEXCOM) 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.

Nexcom AS's Interest Expense for the three months ended in Sep. 2024 was kr-9.41 Mil. Its Operating Income for the three months ended in Sep. 2024 was kr-2.79 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was kr5.27 Mil.

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

Nexcom AS did not have earnings to cover the interest expense.

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

Nexcom AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Nexcom AS (OCSE:NEXCOM) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Toldbodgade 59B, Copenhagen K, DNK, 1253

Website

https://www.nexcomglobal.com

Nexcom AS is the developer of information technology solutions for optimizing customer service functions and improving end-customer satisfaction. It offers digital process optimization, digital workflow, and interaction AI services. Nexcom operates in Workflow automation software. Its products include eTray, a software system for automated handling of workflows and tasks, and RevealCX, a software system for improving customer contact in service centers, RevealCX Boost is an AI-based add-on to RevealCX.

Nexcom AS Headlines

No Headlines