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Mercato Partners Acquisition (Mercato Partners Acquisition) Interest Expense : $0.00 Mil (TTM As of Jun. 2023)


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What is Mercato Partners Acquisition Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mercato Partners Acquisition'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. Mercato Partners Acquisition's Operating Income for the three months ended in Jun. 2023 was $ -0.69 Mil. Mercato Partners Acquisition's Interest Expense for the three months ended in Jun. 2023 was $ 0.00 Mil. Mercato Partners Acquisition has no long-term debt (1). 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Mercato Partners Acquisition Interest Expense Historical Data

The historical data trend for Mercato Partners Acquisition'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.

Mercato Partners Acquisition Interest Expense Chart

Mercato Partners Acquisition Annual Data
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Interest Expense
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Mercato Partners Acquisition Quarterly Data
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Mercato Partners Acquisition 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.

Mercato Partners Acquisition  (NAS:MPRAU) 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.

Mercato Partners Acquisition'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 $-0.69 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2023 was $0.00 Mil.

Mercato Partners Acquisition's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Mercato Partners Acquisition had no long-term debt (1).

* 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.

Mercato Partners Acquisition (Mercato Partners Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Mercato Partners Acquisition Corp (NAS:MPRAU) » Definitions » Interest Expense
Comparable Companies
WNNR IRRX TLGY XFIN CMCA SWAG FRON PLAO CITE DPCS GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
2750 E. Cottonwood Parkway, Suite No. 500, Cottonwood Heights, UT, USA, 84121
Website
https://www.mercatopartners.com
Mercato Partners Acquisition Corp is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination.