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Flame Acquisition (Flame Acquisition) Interest Expense : $-2.31 Mil (TTM As of Mar. 2024)


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What is Flame Acquisition Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Flame Acquisition's interest expense for the three months ended in Mar. 2024 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-2.31 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. Flame Acquisition's Operating Income for the three months ended in Mar. 2024 was $ 0.00 Mil. Flame Acquisition's Interest Expense for the three months ended in Mar. 2024 was $ 0.00 Mil. GuruFocus does not calculate Flame Acquisition's interest coverage with the available data. 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.


Flame Acquisition Interest Expense Historical Data

The historical data trend for Flame 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.

* Premium members only.

Flame Acquisition Interest Expense Chart

Flame Acquisition Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Interest Expense
- - - -

Flame Acquisition Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.31 - - - -

Flame 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.31 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.


Flame Acquisition  (NYSE:FLME.U) 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.

Flame Acquisition's Interest Expense for the three months ended in Mar. 2024 was $0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $771.20 Mil.

Flame Acquisition's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

GuruFocus does not calculate Flame Acquisition's interest coverage with the available data.

* 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.


Flame Acquisition (Flame Acquisition) Business Description

Traded in Other Exchanges
Address
700 Milam Street, Suite 3300, Houston, TX, USA, 77002
Flame Acquisition Corp is a blank check company.
Executives
Global Icav Pilgrim 10 percent owner 21-23 CITY QUAY, RIVERVIEW HOUSE, DUBLIN L2 D2
Pilgrim Global Advisors Llc 10 percent owner 4785 CAUGHLIN PARKWAY, RENO NV 89519
Darren Maupin 10 percent owner C/O PILGRIM GLOBAL ADVISORS LLC, 4785 CAUGHLIN PARKWAY, RENO NV 89519
James C Flores director, 10 percent owner, officer: CEO & President P.O. BOX 1083, HOUSTON TX 77251
Christopher Binyon Sarofim director 200 EAST RANDOLPH STREET, SUITE 3300, CHICAGO IL 60601
Gregory Phillip Pipkin director 11227 SMITHDALE ROAD, HOUSTON TX 77024
Flame Acquisition Sponsor Llc 10 percent owner C/O FLAME ACQUISITION CORP., 700 MILAM STREET, SUITE 3300, HOUSTON TX 77002
Gregory D. Patrinely officer: CFO & Secretary C/O FLAME ACQUISITION CORP., 700 MILAM STREET, SUITE 3300, HOUSTON TX 77002
Michael E. Dillard director C/O FLAME ACQUISITION CORP., 700 MILAM STREET, SUITE 3300, HOUSTON TX 77002

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