ArcLight Clean Transition II (ArcLight Clean Transition II) Interest Expense : $0.00 Mil (TTM As of Mar. 2022)

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What is ArcLight Clean Transition II Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. ArcLight Clean Transition II's interest expense for the three months ended in Mar. 2022 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 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. ArcLight Clean Transition II's Operating Income for the three months ended in Mar. 2022 was $ -1.39 Mil. ArcLight Clean Transition II's Interest Expense for the three months ended in Mar. 2022 was $ 0.00 Mil. ArcLight Clean Transition II 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.

ArcLight Clean Transition II Interest Expense Historical Data

The historical data trend for ArcLight Clean Transition II'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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ArcLight Clean Transition II Interest Expense Chart

ArcLight Clean Transition II Annual Data

Trend

Dec21

Interest Expense

-0.46

ArcLight Clean Transition II Quarterly Data
	Jan21	Jun21	Sep21	Dec21	Mar22
Interest Expense	-	-	-	-	-

ArcLight Clean Transition II 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

ArcLight Clean Transition II (NAS:ACTDU) 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.

ArcLight Clean Transition II's Interest Expense for the three months ended in Mar. 2022 was $0.00 Mil. Its Operating Income for the three months ended in Mar. 2022 was $-1.39 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2022 was $0.00 Mil.

ArcLight Clean Transition II's Interest Coverage for the quarter that ended in Mar. 2022 is calculated as

ArcLight Clean Transition II had no long-term debt ⁽¹⁾.

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

Good Sign:

ArcLight Clean Transition Corp II has no debt.

ArcLight Clean Transition II (ArcLight Clean Transition II) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » ArcLight Clean Transition Corp II (NAS:ACTDU) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

200 Clarendon Street, 55th Floor, Boston, MA, USA, 02116

Website

https://www.arclightclean.com

ArcLight Clean Transition Corp II is a blank check company.

Executives

James J Martell	director	314 RINGLING POINT DRIVE, SARASOTA FL 34234
Jonathan Gilbert Maurer	officer: Co-Chief Executive Officer	C/O FORTISTAR SUSTAINABLE SOLUTIONS CORP, ONE NORTH LEXINGTON AVENUE, WHITE PLAINS NY 10601
Ares Management Llc	10 percent owner	2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Mark S Comora	director, 10 percent owner	C/O FORTISTAR SUSTAINABLE SOLUTIONS CORP, ONE NORTH LEXINGTON AVENUE, WHITE PLAINS NY 10601
Nadeem Nisar	director	C/O FORTISTAR SUSTAINABLE SOLUTIONS CORP, ONE NORTH LEXINGTON AVENUE, WHITE PLAINS NY 10601
Betsy L. Battle	director	450 POST RD EAST, WESTPORT CT 06880
Ares Capital Corp	10 percent owner	245 PARK AVENUE, 44TH FLOOR, NEW YORK NY 10167
Ares Capital Management Llc	10 percent owner	280 Park Avenue, 22nd floor, New York NY 10017
Scott V. Dols	director	19822 WETHERBY LANE, LUTZ FL 33549
John Coghlin	officer: General Counsel	ONE NORTH LEXINGTON AVENUE, 14TH FLOOR, WHITE PLAINS NY 10601
Anthony Falbo	officer: Chief Operating Officer	ONE NORTH LEXINGTON AVENUE, 14TH FLOOR, WHITE PLAINS NY 10601
Scott Edelbach	officer: Executive Vice President	ONE NORTH LEXINGTON AVENUE, 14TH FLOOR, WHITE PLAINS NY 10601
David C Unger	officer: Executive Vice President	ONE NORTH LEXINGTON AVENUE, 14TH FLOOR, WHITE PLAINS NY 10601
Hugh Donnell	officer: Senior Vice President	ONE NORTH LEXINGTON AVENUE, 14TH FLOOR, WHITE PLAINS NY 10601
Adam Comora	officer: Co-Chief Executive Officer	ONE NORTH LEXINGTON AVENUE, 14TH FLOOR, WHITE PLAINS NY 10601