Nuran Wireless (XCNQ:NUR) Interest Expense : C$-1.39 Mil (TTM As of Sep. 2023)

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What is Nuran Wireless Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nuran Wireless's interest expense for the three months ended in Sep. 2023 was C$ -0.65 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was C$-1.39 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. Nuran Wireless's Operating Income for the three months ended in Sep. 2023 was C$ -2.66 Mil. Nuran Wireless's Interest Expense for the three months ended in Sep. 2023 was C$ -0.65 Mil. Nuran Wireless 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.

Nuran Wireless Interest Expense Historical Data

The historical data trend for Nuran Wireless'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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Nuran Wireless Interest Expense Chart

Nuran Wireless Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Dec22

Interest Expense

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-1.15

-1.36

-0.68

-0.67

-1.10

Nuran Wireless Quarterly Data
	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23
Interest Expense	Get a 7-Day Free Trial															-0.24	-0.85	0.19	-0.94	-0.65

Nuran Wireless 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-1.39 Mil.

Nuran Wireless (XCNQ:NUR) 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.

Nuran Wireless's Interest Expense for the three months ended in Sep. 2023 was C$-0.65 Mil. Its Operating Income for the three months ended in Sep. 2023 was C$-2.66 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was C$0.36 Mil.

Nuran Wireless's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Nuran Wireless did not have earnings to cover the interest expense.

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

Nuran Wireless (XCNQ:NUR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Nuran Wireless Inc (XCNQ:NUR) » Definitions » Interest Expense

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NRRWF:USA 1RNA:Germany

Address

2150 Cyrille-Duquet Street, Suite 100, Quebec, QC, CAN, G1N 2G3

Website

https://www.nuranwireless.com

Nuran Wireless Inc is engaged in the Network as a Service (NAAS) business. The group operates in the research, development, manufacturing, marketing and operation of digital electronic circuits and wireless telecommunication products and offers services in the mobile telephony industry. It also provides products and services that help mobile network operators profitably serve off-grid markets that are currently not served. It has two reportable segments NaaS and Direct sales. The majority of the revenue is derived from Africa followed by Canada and so on.

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