Independence Holdings (Independence Holdings) Interest Expense : $0.00 Mil (TTM As of Sep. 2022)

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What is Independence Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Independence Holdings's interest expense for the three months ended in Sep. 2022 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 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. Independence Holdings's Operating Income for the three months ended in Sep. 2022 was $ -0.32 Mil. Independence Holdings's Interest Expense for the three months ended in Sep. 2022 was $ 0.00 Mil. Independence Holdings 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.

Independence Holdings Interest Expense Historical Data

The historical data trend for Independence Holdings'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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Independence Holdings Interest Expense Chart

Independence Holdings Annual Data

Trend

Dec20

Dec21

Interest Expense

-0.63

Independence Holdings Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Interest Expense	Get a 7-Day Free Trial			-	-	-	-	-

Independence Holdings 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 Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Independence Holdings (NAS:ACQRW) 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.

Independence Holdings's Interest Expense for the three months ended in Sep. 2022 was $0.00 Mil. Its Operating Income for the three months ended in Sep. 2022 was $-0.32 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2022 was $0.00 Mil.

Independence Holdings's Interest Coverage for the quarter that ended in Sep. 2022 is calculated as

Independence Holdings had no long-term debt ⁽¹⁾.

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

Good Sign:

Independence Holdings Corp has no debt.