BRAC (Broad Capital Acquisition) Interest Expense : $-0.21 Mil (TTM As of Jun. 2024)

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What is Broad Capital Acquisition Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Broad Capital Acquisition's interest expense for the three months ended in Jun. 2024 was $ -0.06 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was $-0.21 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. Broad Capital Acquisition's Operating Income for the three months ended in Jun. 2024 was $ -0.50 Mil. Broad Capital Acquisition's Interest Expense for the three months ended in Jun. 2024 was $ -0.06 Mil. Broad Capital 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.

Broad Capital Acquisition Interest Expense Historical Data

The historical data trend for Broad Capital 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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Broad Capital Acquisition Interest Expense Chart

Broad Capital Acquisition Annual Data

Trend

Dec21

Dec22

Dec23

Interest Expense

-0.12

Broad Capital Acquisition Quarterly Data
	May21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Interest Expense	Get a 7-Day Free Trial								-0.02	-0.04	-0.05	-0.06	-0.06

Broad Capital 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.21 Mil.

Broad Capital Acquisition (NAS:BRAC) 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.

Broad Capital Acquisition's Interest Expense for the three months ended in Jun. 2024 was $-0.06 Mil. Its Operating Income for the three months ended in Jun. 2024 was $-0.50 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was $0.00 Mil.

Broad Capital Acquisition's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Broad Capital Acquisition did not have earnings to cover the interest expense.

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

Broad Capital Acquisition Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Broad Capital Acquisition Corp (NAS:BRAC) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

5345 Annabel Lane, Plano, TX, USA, 75093

Website

Broad Capital Acquisition Corp is a blank check company.

Executives

Shaolin Capital Management Llc	10 percent owner	230 NW 24TH STREET, SUITE 603, MIAMI FL 33127
Teck-yong Heng	director	NANSHAN DISTRICT #12 KEFA ROAD, DACHONG, CHENGSHIHUAYUAN BLOCK 5, UNIT #38D, GUANGDONG PROVINCE, SHENZHEN F4 518057
Johann Y Tse	director, officer: Chief Executive Officer	5345 ANNABEL LANE, PLANO TX 75093
Rongrong Jiang	director, officer: Chief Financial Officer	235 TENAFLY RD, TENAFLY NJ 07670
Trimmer Jeffrey Wayne Sr	director	7601 JOHN MCCAIN ROAD, COLLEYVILLE TX 76034
Keith Ryan Adams	director	235 TENAFLY RD, TENAFLY NJ 07670
Nicolas Shao	director	6 CHAOYANG PARK SOUTH, PARK AVE. APTS., BLD. #3-11F, BEIJING F4 00000
Broad Capital Llc	10 percent owner	5345 ANNABEL LANE, PLANO TX 75093