Chardan NexTech Acquisition 2 (Chardan NexTech Acquisition 2) Interest Expense : $0.00 Mil (TTM As of Jun. 2022)

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What is Chardan NexTech Acquisition 2 Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Chardan NexTech Acquisition 2's interest expense for the three months ended in Jun. 2022 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 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. Chardan NexTech Acquisition 2's Operating Income for the three months ended in Jun. 2022 was $ -0.47 Mil. Chardan NexTech Acquisition 2's Interest Expense for the three months ended in Jun. 2022 was $ 0.00 Mil. Chardan NexTech Acquisition 2 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.

Chardan NexTech Acquisition 2 Interest Expense Historical Data

The historical data trend for Chardan NexTech Acquisition 2'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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Chardan NexTech Acquisition 2 Interest Expense Chart

Chardan NexTech Acquisition 2 Annual Data

Trend

Dec20

Dec21

Interest Expense

Chardan NexTech Acquisition 2 Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
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Chardan NexTech Acquisition 2 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Chardan NexTech Acquisition 2 (NAS:CNTQW) 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.

Chardan NexTech Acquisition 2's Interest Expense for the three months ended in Jun. 2022 was $0.00 Mil. Its Operating Income for the three months ended in Jun. 2022 was $-0.47 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2022 was $0.00 Mil.

Chardan NexTech Acquisition 2's Interest Coverage for the quarter that ended in Jun. 2022 is calculated as

Chardan NexTech Acquisition 2 had no long-term debt ⁽¹⁾.

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

Good Sign:

Chardan NexTech Acquisition 2 Corp has no debt.