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Class Acceleration (Class Acceleration) Interest Expense : $0.00 Mil (TTM As of Sep. 2022)


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What is Class Acceleration Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Class Acceleration'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. Class Acceleration's Operating Income for the three months ended in Sep. 2022 was $ -0.26 Mil. Class Acceleration's Interest Expense for the three months ended in Sep. 2022 was $ 0.00 Mil. Class Acceleration 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.

Class Acceleration Interest Expense Historical Data

The historical data trend for Class Acceleration'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.

* Premium members only.

Class Acceleration Interest Expense Chart

Class Acceleration Annual Data
Trend Dec20 Dec21
Interest Expense
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Class Acceleration Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Interest Expense Get a 7-Day Free Trial Premium Member Only - - - - -

Class Acceleration 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.

* 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.

Class Acceleration  (NYSE:CLAS) 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.

Class Acceleration'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 $-0.26 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2022 was $0.00 Mil.

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

Class Acceleration had no long-term debt (1).

* 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.

Class Acceleration (Class Acceleration) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Class Acceleration Corp (NYSE:CLAS) » Definitions » Interest Expense
Comparable Companies
CRU FSSI IPVA HLAH GGAA HPX IACC DNAC DNAA GFGD GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
2925 Woodside Road, Woodside, CA, USA, 94062
Website
https://www.classacceleration.com
Class Acceleration Corp is a blank check company.
Executives
Michael T. Moe director, officer: Chief Executive Officer C/O NEXT INNOVATION CORP., 2965 WOODSIDE ROAD, WOODSIDE CA 94062
Rachael Jarosh director 1000 STEWART AVENUE, GARDEN CITY NY 11530
Joseph E Parsons director, officer: Treasurer 292 LONG RIDGE ROAD, STAMFORD CT 06927
Robert C. Daugherty director, officer: Secretary 3201 ENTERPRISE DRIVE SUITE 460, BEACHWOOD OH 44122
Class Acceleration Sponsor Llc 10 percent owner 8260 SPECTRUM CENTER BOULEVARD, SAN DIEGO CA 92123
James W. Runcie director 2925 WOODSIDE ROAD, WOODSIDE CA 94062
Lev Gonick director 2925 WOODSIDE ROAD, WOODSIDE CA 94062
Joy Chen director 2925 WOODSIDE ROAD, WOODSIDE CA 94062