Nido Education (ASX:NDO) Interest Expense : A$ Mil (TTM As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Nido Education Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nido Education's interest expense for the six months ended in Dec. 2023 was A$ 3.42 Mil. Nido Education does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Dec. 2023.

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. Nido Education's Operating Income for the six months ended in Dec. 2023 was A$ -7.93 Mil. Nido Education's Interest Expense for the six months ended in Dec. 2023 was A$ 3.42 Mil. Nido Education 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.

Nido Education Interest Expense Historical Data

The historical data trend for Nido Education'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.

Nido Education Interest Expense Chart

Nido Education Annual Data

Trend

Dec22

Dec23

Interest Expense

-0.32

-1.41

Nido Education Semi-Annual Data
	Dec22	Jun23	Dec23
Interest Expense	-	-4.82	3.42

Nido Education Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Nido Education (ASX:NDO) 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.

Nido Education's Interest Expense for the six months ended in Dec. 2023 was A$3.42 Mil. Its Operating Income for the six months ended in Dec. 2023 was A$-7.93 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was A$153.16 Mil.

Nido Education's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

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

Nido Education (ASX:NDO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Nido Education Ltd (ASX:NDO) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Park Avenue, Suite 3, Drummoyne, NSW, AUS, 2047

Website

https://nidoeducation.edu.au

Nido Education Ltd is a company engaged in long day early childhood education and care services across Australia. It offers exceptional education and care for children, from six weeks, through to school age, in a safe, comfortable, nurturing and peaceful environment.

Nido Education (ASX:NDO) Headlines

No Headlines