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Fintech Ecosystem Development (Fintech Ecosystem Development) Interest Expense : $-0.03 Mil (TTM As of Jun. 2023)


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What is Fintech Ecosystem Development Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Fintech Ecosystem Development's interest expense for the three months ended in Jun. 2023 was $ -0.02 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was $-0.03 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. Fintech Ecosystem Development's Operating Income for the three months ended in Jun. 2023 was $ -1.67 Mil. Fintech Ecosystem Development's Interest Expense for the three months ended in Jun. 2023 was $ -0.02 Mil. Fintech Ecosystem Development 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.


Fintech Ecosystem Development Interest Expense Historical Data

The historical data trend for Fintech Ecosystem Development'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.

Fintech Ecosystem Development Interest Expense Chart

Fintech Ecosystem Development Annual Data
Trend Dec21 Dec22
Interest Expense
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Fintech Ecosystem Development Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -0.01 -0.02

Fintech Ecosystem Development 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.03 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.


Fintech Ecosystem Development  (NAS:FEXD) 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.

Fintech Ecosystem Development's Interest Expense for the three months ended in Jun. 2023 was $-0.02 Mil. Its Operating Income for the three months ended in Jun. 2023 was $-1.67 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2023 was $0.00 Mil.

Fintech Ecosystem Development's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Fintech Ecosystem Development 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.


Fintech Ecosystem Development (Fintech Ecosystem Development) Business Description

Traded in Other Exchanges
N/A
Address
100 Springhouse Drive, Suite 204, Collegeville, PA, USA, 19426
Fintech Ecosystem Development Corp is a newly organized blank check company.
Executives
Mizuho Securities Usa Llc 10 percent owner 1271 AVENUE OF THE AMERICAS, FLOORS - 2,3,4,18,19, NEW YORK NY 10020
Mizuho Americas Llc 10 percent owner 1271 AVENUE OF THE AMERICAS, NEW YORK NY 10020
Robin Sue Meister director FINTECH ECOSYSTEM DEVELOPMENT CORP., 100 SPRINGHOUSE DRIVE, SUITE 204, COLLEGEVILLE PA 19426
Jenny Junkeer officer: Chief Financial Officer 100 SPRINGHOUSE DRIVE, SUITE 204, COLLEGEVILLE PA 19426
Revofast Llc 10 percent owner 100 SPRINGHOUSE DRIVE, SUITE 204, COLLEGEVILLE PA 19420
Mubasshir Karim director 100 SPRINGHOUSE DRIVE, SUITE 204, COLLEGEVILLE PA 19426
Saiful Khandaker officer: Chief Executive Officer 100 SPRINGHOUSE DRIVE, SUITE 204, COLLEGEVILLE PA 19426
Lynn Perkins director 100 SPRINGHOUSE DRIVE, SUITE 204, COLLEGEVILLE PA 19426
Michael Stanley Tomczyk director 100 SPRINGHOUSE DRIVE, SUITE 204, COLLEGEVILLE PA 19426