CCAJ (Coastal Capital Acquisition) Interest Expense: $ Mil (TTM As of Sep. 2023)


What is Coastal Capital Acquisition Interest Expense?

Coastal Capital Acquisition CCAJ -18.75% Interest Expense is $ Mil as of Sep. 2023.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Coastal Capital Acquisition's interest expense for the six months ended in Sep. 2023 was $ -0.00 Mil. Coastal Capital Acquisition does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Sep. 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. Coastal Capital Acquisition's Operating Income for the six months ended in Sep. 2023 was $ -0.01 Mil. Coastal Capital Acquisition's Interest Expense for the six months ended in Sep. 2023 was $ -0.00 Mil. Coastal 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.

Coastal Capital Acquisition  (OTCPK:CCAJ) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Coastal Capital Acquisition's Interest Expense for the six months ended in Sep. 2023 was $-0.00 Mil. Its Operating Income for the six months ended in Sep. 2023 was $-0.01 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was $0.10 Mil.

Coastal Capital Acquisition's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

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

* 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.

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

Coastal Capital Acquisition Interest Expense Historical Data

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The historical data trend for Coastal 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.

Coastal Capital Acquisition Interest Expense Chart

Coastal Capital Acquisition Annual Data
Trend
Interest Expense

Coastal Capital Acquisition Semi-Annual Data
Sep22 Sep23
Interest Expense 0.00 -0.00

Coastal Capital Acquisition Interest Expense Calculation

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

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $ Mil mean?
Coastal Capital Acquisition (CCAJ) has a Interest Expense of $ Mil as of Sep. 2023. Interest Expense is the amount a company pays on its long-term debt. View historical data on Coastal Capital Acquisition and its competitors.
Is Coastal Capital Acquisition's Interest Expense too high?
Coastal Capital Acquisition's current Interest Expense is $ Mil.
How does Coastal Capital Acquisition's Interest Expense compare to SODE and CIPI?
Coastal Capital Acquisition's Interest Expense of $ Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Construction company?
A good Interest Expense depends on the Construction industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Coastal Capital Acquisition and its competitors. Coastal Capital Acquisition's current Interest Expense is $ Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coastal Capital Acquisition stock overvalued right now?
Coastal Capital Acquisition (CCAJ) has a current Interest Expense of $ Mil. The current Interest Expense is $ Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Coastal Capital Acquisition (CCAJ), the current Interest Expense is $ Mil as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Coastal Capital Acquisition Business Description

Address 1410 Park Lane S, Suite 1, Jupiter, FL, USA, 33458
Coastal Capital Acquisition Corp is now a Builder engaged in the construction of single-family houses and other buildings for sale on its account rather than as contractors, including renovations. Its secondary business engagement is an Office of Holding companies, mainly engaging in holding the equity interest in (or securities) companies and enterprises to own a controlling interest or influence the management decisions of these firms.