RDGA (Ridgefield Acquisition) Interest Expense : $-0.01 Mil (TTM As of Mar. 2025)

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What is Ridgefield Acquisition Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ridgefield Acquisition's interest expense for the three months ended in Mar. 2025 was $ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was $-0.01 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. Ridgefield Acquisition's Operating Income for the three months ended in Mar. 2025 was $ -0.03 Mil. Ridgefield Acquisition's Interest Expense for the three months ended in Mar. 2025 was $ -0.01 Mil. Ridgefield Acquisition 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.

Ridgefield Acquisition Interest Expense Historical Data

The historical data trend for Ridgefield 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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Ridgefield Acquisition Interest Expense Chart

Ridgefield Acquisition Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-0.02

-0.01

Ridgefield Acquisition Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Interest Expense	Get a 7-Day Free Trial															-	-	-0.01	-	-0.01

Ridgefield 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 Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.01 Mil.

Ridgefield Acquisition (OTCPK:RDGA) 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.

Ridgefield Acquisition's Interest Expense for the three months ended in Mar. 2025 was $-0.01 Mil. Its Operating Income for the three months ended in Mar. 2025 was $-0.03 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was $0.00 Mil.

Ridgefield Acquisition's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Ridgefield Acquisition did not have earnings to cover the interest expense.

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

Ridgefield Acquisition Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Ridgefield Acquisition Corp (OTCPK:RDGA) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

3827 S Carson Street, Unit 505-25, PMB 1078, Carson, NV, USA, 89701

Website

https://www.ridgefieldacquisition.com

Ridgefield Acquisition Corp is a shell company. Its plan of operation is to arrange for a merger, acquisition, business combination or other arrangements by and between the company and a viable operating entity.

Executives

Steven N Bronson	director, 10 percent owner, officer: President
Eugene Oshinsky	10 percent owner	5700 WHITE HICKORY CIRCLE, TAMARAC FL 33319
Rosa Oshinsky	10 percent owner	5700 WHITE HICKORY CIRCLE, TAMARAC FL 33319
Ram Capital Management Trust 01	10 percent owner	5700 WHITE HICKORY CIRCLE, TAMARAC FL 33319
Leonard Hagan	director	650 THOMAS AVENUE, BALDWIN NY 11510
Kenneth Steven Schwartz	director	26 NAVAJO ROAD, MANALAPAN NJ 07726

Ridgefield Acquisition Headlines

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