Ncino (STU:6NC) Interest Expense : €-3.8 Mil (TTM As of Jan. 2024)

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What is Ncino Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ncino's interest expense for the three months ended in Jan. 2024 was € -0.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2024 was €-3.8 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. Ncino's Operating Income for the three months ended in Jan. 2024 was € -2.9 Mil. Ncino's Interest Expense for the three months ended in Jan. 2024 was € -0.8 Mil. Ncino 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.

Ncino Interest Expense Historical Data

The historical data trend for Ncino'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.

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Ncino Interest Expense Chart

Ncino Annual Data

Trend

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Interest Expense

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-0.11

-1.34

-2.61

-3.80

Ncino Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Interest Expense	Get a 7-Day Free Trial															-0.89	-1.26	-0.94	-0.81	-0.79

Ncino 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-3.8 Mil.

Ncino (STU:6NC) 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.

Ncino's Interest Expense for the three months ended in Jan. 2024 was €-0.8 Mil. Its Operating Income for the three months ended in Jan. 2024 was €-2.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2024 was €63.4 Mil.

Ncino's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

Ncino did not have earnings to cover the interest expense.

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

Ncino (STU:6NC) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Ncino Inc (STU:6NC) » Definitions » Interest Expense

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NCNO:USA 6NCA:Germany

Address

6770 Parker Farm Drive, Wilmington, NC, USA, 28405

Website

https://www.ncino.com

Ncino Inc is a provider of cloud-based software for financial institutions. Its software solution digitizes, automates, and streamlines inefficient and complex processes & workflow and utilizes data analytics & artificial intelligence that enables financial institutions to more effectively onboard new clients, make loans and manage the entire loan life cycle, open deposit, and other accounts and manage regulatory compliance. It also offers professional services, including configuration & implementation, training, and advisory services. Ncino generates the majority of its revenue from subscription services. The company caters to global financial institutions, enterprise banks, regional banks, community banks, and credit unions. The vast majority of its revenue comes from the United States.

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