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RanMarine Technology BV (RanMarine Technology BV) Interest Expense : $0.00 Mil (TTM As of Jun. 2023)


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What is RanMarine Technology BV Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. RanMarine Technology BV's interest expense for the three months ended in Jun. 2023 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was $0.00 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. RanMarine Technology BV's Operating Income for the three months ended in Jun. 2023 was $ 0.00 Mil. RanMarine Technology BV's Interest Expense for the three months ended in Jun. 2023 was $ 0.00 Mil. GuruFocus does not calculate RanMarine Technology BV's interest coverage with the available data. 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.


RanMarine Technology BV Interest Expense Historical Data

The historical data trend for RanMarine Technology BV'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.

RanMarine Technology BV Interest Expense Chart

RanMarine Technology BV Annual Data
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RanMarine Technology BV Quarterly Data
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RanMarine Technology BV 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 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.


RanMarine Technology BV  (NAS:RAN) 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.

RanMarine Technology BV's Interest Expense for the three months ended in Jun. 2023 was $0.00 Mil. Its Operating Income for the three months ended in Jun. 2023 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2023 was $0.11 Mil.

RanMarine Technology BV's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

GuruFocus does not calculate RanMarine Technology BV's interest coverage with the available data.

* 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.


RanMarine Technology BV (RanMarine Technology BV) Business Description

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RanMarine Technology BV is a pioneering company specializing in the design and development of advanced technologies, including autonomous surface vessels (ASVs) for the efficient cleanup of pollution, bio-waste, and debris in various aquatic environments and waterways.

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