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NAOS Absolute Opportunities Co (ASX:NAC) Interest Expense : A$-0.96 Mil (TTM As of Dec. 2023)


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What is NAOS Absolute Opportunities Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. NAOS Absolute Opportunities Co's interest expense for the six months ended in Dec. 2023 was A$ -0.49 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was A$-0.96 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. NAOS Absolute Opportunities Co's Operating Income for the six months ended in Dec. 2023 was A$ Mil. NAOS Absolute Opportunities Co's Interest Expense for the six months ended in Dec. 2023 was A$ Mil. 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.


NAOS Absolute Opportunities Co Interest Expense Historical Data

The historical data trend for NAOS Absolute Opportunities Co'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.

NAOS Absolute Opportunities Co Interest Expense Chart

NAOS Absolute Opportunities Co Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Interest Expense
Get a 7-Day Free Trial Premium Member Only - - -0.60 -0.96 -0.96

NAOS Absolute Opportunities Co Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -0.49 -0.48 -0.49 -0.48 -0.49

NAOS Absolute Opportunities Co 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-0.96 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.


NAOS Absolute Opportunities Co (ASX:NAC) Business Description

Traded in Other Exchanges
N/A
Address
25 Martin Place, Level 34, MLC Centre, Sydney, NSW, AUS, 2000
NAOS Absolute Opportunities Co Ltd is an investment company. The company invests in mid-cap listed equities through a long-biased structure with a long-term value focus that can produce positive absolute returns. It operates in Australia and derives revenue from dividend income, interest income and from the investment portfolio.