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Novabase SGPS (XLIS:NBA) Interest Expense : €-1.3 Mil (TTM As of Jun. 2024)


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What is Novabase SGPS Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Novabase SGPS's interest expense for the six months ended in Jun. 2024 was € -0.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was €-1.3 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. Novabase SGPS's Operating Income for the six months ended in Jun. 2024 was € 2.9 Mil. Novabase SGPS's Interest Expense for the six months ended in Jun. 2024 was € -0.7 Mil. Novabase SGPS's Interest Coverage for the quarter that ended in Jun. 2024 was 4.27. 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.

Novabase SGPS Interest Expense Historical Data

The historical data trend for Novabase SGPS'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.

Novabase SGPS Interest Expense Chart

Novabase SGPS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.82 -0.92 -0.64 -0.44 -1.16

Novabase SGPS Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -0.26 -0.18 -0.52 -0.63 -0.69

Novabase SGPS 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-1.3 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.

Novabase SGPS  (XLIS:NBA) 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.

Novabase SGPS's Interest Expense for the six months ended in Jun. 2024 was €-0.7 Mil. Its Operating Income for the six months ended in Jun. 2024 was €2.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was €16.3 Mil.

Novabase SGPS's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*2.944/-0.689
=4.27

* 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.

Novabase SGPS Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Novabase SGPS (XLIS:NBA) » Definitions » Interest Expense
Comparable Companies
XLIS:GLINT XLIS:SNC ACN IBM NSE:TCS FI NSE:INFY NSE:HCLTECH FIS XPAR:CAP IT CTSH CDW TSE:6702 BOM:507685 TSX:GIB.A BR TSE:9613 SAU:7203 TSE:6701
Traded in Other Exchanges
0MTZ:UK NVQ:Germany
Address
Avenida D Joao II, 34, Parque das Nacoes, Lisbon, PRT, 1998-031
Website
https://www.novabase.com
Novabase SGPS is engaged in holding and managing financial holding in other companies. The company operates in two business segments, namely, Next-Gen, which develops IT consulting and services targeting mainly the financial services and Telecommunications industries. The Value Portfolio segment provides IT consulting and services to the government, transportation, energy industries, and IT staffing. It generates maximum revenue from the Next-Gen segment.