Admiral Acquisition (Admiral Acquisition) Interest Expense : $ Mil (TTM As of Nov. 2023)

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What is Admiral Acquisition Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Admiral Acquisition's interest expense for the six months ended in Nov. 2023 was $ 0.00 Mil. Admiral Acquisition does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Nov. 2023.

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. Admiral Acquisition's Operating Income for the six months ended in Nov. 2023 was $ -1.04 Mil. Admiral Acquisition's Interest Expense for the six months ended in Nov. 2023 was $ 0.00 Mil. Admiral 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.

Admiral Acquisition Interest Expense Historical Data

The historical data trend for Admiral 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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Admiral Acquisition Interest Expense Chart

Admiral Acquisition Annual Data

Trend

Nov23

Interest Expense

Admiral Acquisition Semi-Annual Data
	May23	Nov23
Interest Expense	-	-

Admiral Acquisition Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Admiral Acquisition (OTCPK:ADMWF) 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.

Admiral Acquisition's Interest Expense for the six months ended in Nov. 2023 was $0.00 Mil. Its Operating Income for the six months ended in Nov. 2023 was $-1.04 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Nov. 2023 was $0.00 Mil.

Admiral Acquisition's Interest Coverage for the quarter that ended in Nov. 2023 is calculated as

Admiral Acquisition had no long-term debt ⁽¹⁾.

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

Admiral Acquisition (Admiral Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Admiral Acquisition Ltd (OTCPK:ADMWF) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

ADMNF:USA ADMR:UK

Address

Wickhams Cay II, Ritter House, Road Town, Tortola, VGB, VG1110

Website

https://www.admiralacquisition.com

Admiral Acquisition Ltd is a blank check company.

Admiral Acquisition (Admiral Acquisition) Headlines

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