Mount Rainier Acquisition (Mount Rainier Acquisition) Interest Expense : $0.00 Mil (TTM As of Dec. 2022)

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What is Mount Rainier Acquisition Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mount Rainier Acquisition's interest expense for the three months ended in Dec. 2022 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2022 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. Mount Rainier Acquisition's Operating Income for the three months ended in Dec. 2022 was $ -1.91 Mil. Mount Rainier Acquisition's Interest Expense for the three months ended in Dec. 2022 was $ 0.00 Mil. Mount Rainier 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.

Mount Rainier Acquisition Interest Expense Historical Data

The historical data trend for Mount Rainier 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.

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Mount Rainier Acquisition Interest Expense Chart

Mount Rainier Acquisition Annual Data

Trend

Dec21

Dec22

Interest Expense

-0.01

Mount Rainier Acquisition Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Interest Expense	Get a 7-Day Free Trial			-	-	-	-	-

Mount Rainier 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 Dec. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Mount Rainier Acquisition (NAS:RNERU) 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.

Mount Rainier Acquisition's Interest Expense for the three months ended in Dec. 2022 was $0.00 Mil. Its Operating Income for the three months ended in Dec. 2022 was $-1.91 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2022 was $0.00 Mil.

Mount Rainier Acquisition's Interest Coverage for the quarter that ended in Dec. 2022 is calculated as

Mount Rainier Acquisition had no long-term debt ⁽¹⁾.

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