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NRGene Technologies (XTAE:NRGN) Interest Expense : ₪0.09 Mil (TTM As of Jun. 2024)


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What is NRGene Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. NRGene Technologies's interest expense for the six months ended in Jun. 2024 was ₪ -0.68 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was ₪0.09 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. NRGene Technologies's Operating Income for the six months ended in Jun. 2024 was ₪ -7.24 Mil. NRGene Technologies's Interest Expense for the six months ended in Jun. 2024 was ₪ -0.68 Mil. NRGene Technologies 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.


NRGene Technologies Interest Expense Historical Data

The historical data trend for NRGene Technologies'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.

NRGene Technologies Interest Expense Chart

NRGene Technologies Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Interest Expense
-4.26 -1.97 -0.53 -0.26

NRGene Technologies Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Interest Expense Get a 7-Day Free Trial Premium Member Only -2.56 2.04 -1.03 0.77 -0.68

NRGene Technologies 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 ₪0.09 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.


NRGene Technologies  (XTAE:NRGN) 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.

NRGene Technologies's Interest Expense for the six months ended in Jun. 2024 was ₪-0.68 Mil. Its Operating Income for the six months ended in Jun. 2024 was ₪-7.24 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was ₪1.62 Mil.

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

NRGene Technologies did not have earnings to cover the interest expense.

* 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.


NRGene Technologies Business Description

Traded in Other Exchanges
N/A
Address
5 Golda Meir Street, Ness-Ziona, ISR, 7403649
NRGene Technologies Ltd is engaged in the development of artificial intelligence-based software for the analysis of genetic information in order to improve species of plants and animals.

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