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Nerds On Site (FRA:3NS) Interest Expense : €-0.06 Mil (TTM As of Feb. 2024)


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What is Nerds On Site Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nerds On Site's interest expense for the three months ended in Feb. 2024 was € -0.02 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2024 was €-0.06 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. Nerds On Site's Operating Income for the three months ended in Feb. 2024 was € -0.07 Mil. Nerds On Site's Interest Expense for the three months ended in Feb. 2024 was € -0.02 Mil. Nerds On Site 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.


Nerds On Site Interest Expense Historical Data

The historical data trend for Nerds On Site'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.

Nerds On Site Interest Expense Chart

Nerds On Site Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23
Interest Expense
Get a 7-Day Free Trial -0.19 -0.04 -0.03 -0.03 -0.05

Nerds On Site Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 -0.01 -0.01 -0.02 -0.02 -0.02

Nerds On Site 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.06 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.


Nerds On Site  (FRA:3NS) 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.

Nerds On Site's Interest Expense for the three months ended in Feb. 2024 was €-0.02 Mil. Its Operating Income for the three months ended in Feb. 2024 was €-0.07 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2024 was €0.08 Mil.

Nerds On Site's Interest Coverage for the quarter that ended in Feb. 2024 is calculated as

Nerds On Site 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.


Nerds On Site (FRA:3NS) Business Description

Traded in Other Exchanges
Address
4026 Meadowbrook Drive, Unit 120-121, London, ON, CAN, N6L 1C7
Nerds On Site Inc provides mobile information technology (IT) support for small to medium-sized enterprises. Its services include computer set-up, network installation, tailored software services, and IT support. The company offers business solutions and residential services. The corporation oversees and retains a network of technically proficient and specially trained independent IT consultants (Consultants) to help clients by providing on-site, effective, consistent, and customized IT solutions. Its revenue is principally derived from service fees charged for consulting services performed by the consultants and the sale of off-the-shelf software, hardware, and related support.

Nerds On Site (FRA:3NS) Headlines

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