GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Climate Transition Capital Acquisition I BV (FRA:2M9) » Definitions » Interest Expense

Climate Transition Capital Acquisition I BV (FRA:2M9) Interest Expense : € Mil (TTM As of Dec. 2022)


View and export this data going back to 2021. Start your Free Trial

What is Climate Transition Capital Acquisition I BV Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Climate Transition Capital Acquisition I BV's interest expense for the six months ended in Dec. 2022 was € -4.32 Mil. Climate Transition Capital Acquisition I BV 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. Climate Transition Capital Acquisition I BV's Operating Income for the six months ended in Dec. 2022 was € -0.68 Mil. Climate Transition Capital Acquisition I BV's Interest Expense for the six months ended in Dec. 2022 was € -4.32 Mil. Climate Transition Capital Acquisition I BV 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.


Climate Transition Capital Acquisition I BV Interest Expense Historical Data

The historical data trend for Climate Transition Capital Acquisition I 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.

Climate Transition Capital Acquisition I BV Interest Expense Chart

Climate Transition Capital Acquisition I BV Annual Data
Trend Dec21 Dec22
Interest Expense
- -8.11

Climate Transition Capital Acquisition I BV Semi-Annual Data
Jun22 Dec22
Interest Expense -3.79 -4.32

Climate Transition Capital Acquisition I BV Interest Expense Calculation

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


Climate Transition Capital Acquisition I BV  (FRA:2M9) 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.

Climate Transition Capital Acquisition I BV's Interest Expense for the six months ended in Dec. 2022 was €-4.32 Mil. Its Operating Income for the six months ended in Dec. 2022 was €-0.68 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2022 was €0.00 Mil.

Climate Transition Capital Acquisition I BV's Interest Coverage for the quarter that ended in Dec. 2022 is calculated as

Climate Transition Capital Acquisition I BV 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.


Climate Transition Capital Acquisition I BV (FRA:2M9) Business Description

Traded in Other Exchanges
N/A
Address
Basisweg 10, Amsterdam, NH, NLD, 1043 AP
Climate Transition Capital Acquisition I BV is a special-purpose acquisition company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with or acquisition of a target business or entity.

Climate Transition Capital Acquisition I BV (FRA:2M9) Headlines

No Headlines