What is Finnovate Acquisition Interest Expense?
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Finnovate Acquisition's interest expense for the
three
months ended in Dec. 2023 was $ 0.00 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 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. Finnovate Acquisition's Operating Income for the
three
months ended in Dec. 2023 was $ -0.51 Mil. Finnovate Acquisition's Interest Expense for the
three
months ended in Dec. 2023 was $ 0.00 Mil.
Finnovate Acquisition 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.
Finnovate 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 Dec. 2023 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.
Finnovate Acquisition (NAS:FNVT) 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.
Finnovate Acquisition's Interest Expense for the
three
months ended in Dec. 2023 was $0.00 Mil. Its
Operating Income
for the
three
months ended in Dec. 2023 was $-0.51 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Dec. 2023 was $0.00 Mil.
Finnovate Acquisition's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as
| Finnovate Acquisition 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.
Finnovate Acquisition (Finnovate Acquisition) Business Description
Traded in Other Exchanges
N/A
Address
20 Genesis Close, The White House, George Town, Grand Cayman, CYM, KY1 1208
Finnovate Acquisition Corp is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or other similar business combination with one or more businesses.
Executives
| Chun Yi Hao |
director |
2 BURLINGTON WOODS DRIVE, SUITE 100, BURLINGTON MA 01803 |
| Sanjay Prasad |
director |
25 MALL ROAD, SUITE 330, BURLINGTON MA 01803 |
| Tiemei Sarah Li |
director |
THE WHITE HOUSE, 20 GENESIS CLOSE, GEORGE TOWN E9 KY1 1208 |
| Meitav Investment House Ltd |
10 percent owner |
30 DEREKH SHESHET HA-YAMIM ST., BENE-BERAQ L3 5112302 |
| Wang Chiu Wong |
director, 10 percent owner, officer: Chief Financial Officer |
THE WHITE HOUSE 20 GENESIS CLOSE, GEORGE TOWN, E9 KY1 1208 |
| Calvin Kung |
director, 10 percent owner, officer: Chief Executive Officer |
THE WHITE HOUSE 20 GENESIS CLOSE, GEORGE TOWN E9 KY1 1208 |
| Sunorange Ltd. |
10 percent owner |
C/O FINNOVATE ACQUISITION CORP., THE WHITE HOUSE 20 GENESIS CLOSE,, GEORGE TOWN E9 KY11208 |
| Mitchell Alan Garber |
director |
ONE CAESARS PALACE DRIVE, LAS VEGAS NV 89109 |
| Ron Avshalom Golan |
director, officer: Chief Financial Officer |
6 FROGNAL CLOSE, LONDON X0 NW3 6YB |
| Gustavo Rodolfo Schwed |
director |
34 WEST 17TH STREET, PH, NEW YORK NY 10011 |
| David Gershon |
director, officer: Chief Executive Officer |
9 MAURIZIO VITALE APT. 47, TEL AVIV L3 6965104 |
| Nadav Zohar |
director |
C/O FINNOVATE ACQUISITION CORP.,, 94 YIGAL ALON ST., TEL AVIV L3 6789139 |
| Jonathan Ophir |
officer: Chief Investment Officer |
C/O FINNOVATE ACQUISITION CORP.,, 94 YIGAL ALON ST., TEL AVIV L3 6789139 |
| Finnovate Sponsor L.p. |
10 percent owner |
C/O FINNOVATE ACQUISITION CORP.,, 94 YIGAL ALON ST., TEL AVIV L3 6789139 |
| Finnovate Sponsor Llc |
10 percent owner |
C/O FINNOVATE ACQUISITION CORP., 94 YIGAL ALON ST., TEL AVIV L3 6789139 |
Finnovate Acquisition (Finnovate Acquisition) Headlines
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