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Nvni Group (Nvni Group) Interest Expense : $ Mil (TTM As of Dec. 2022)


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What is Nvni Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nvni Group's interest expense for the six months ended in Dec. 2022 was $ -3.02 Mil. Nvni Group does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Dec. 2022.

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. Nvni Group's Operating Income for the six months ended in Dec. 2022 was $ -1.68 Mil. Nvni Group's Interest Expense for the six months ended in Dec. 2022 was $ -3.02 Mil. Nvni Group 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.


Nvni Group Interest Expense Historical Data

The historical data trend for Nvni Group'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.

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Nvni Group Interest Expense Chart

Nvni Group Annual Data
Trend Dec20 Dec21 Dec22
Interest Expense
- -1.28 -3.02

Nvni Group Semi-Annual Data
Dec20 Dec21 Dec22
Interest Expense - -1.28 -3.02

Nvni Group Interest Expense Calculation

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


Nvni Group  (NAS:NVNI) 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.

Nvni Group's Interest Expense for the six months ended in Dec. 2022 was $-3.02 Mil. Its Operating Income for the six months ended in Dec. 2022 was $-1.68 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2022 was $1.86 Mil.

Nvni Group's Interest Coverage for the quarter that ended in Dec. 2022 is calculated as

Nvni Group 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.


Nvni Group (Nvni Group) Business Description

Traded in Other Exchanges
N/A
Address
Rua Jesuíno Arruda, No.769, Suite 20B, Itaim Bibi, Sao Paulo, SP, BRA, 04532-082
Nvni Group Ltd is a holding company that conducts all of its business through Nuvini SA and Nuvini acquired companies. Nuvini S.A. acquires and operates software companies within SaaS markets in Brazil. Nuvini S.A. is the leading private serial software business acquirer in Brazil and intends to use funding and capital markets access to continue expanding its acquisition strategy in Brazil and Latin America. The Company has determined that it has a single operating and reportable segment which is multi-vertical SaaS solution model.

Nvni Group (Nvni Group) Headlines