Avanti Acquisition (FRA:AC9) Interest Expense : €0.00 Mil (TTM As of Jun. 2022)

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What is Avanti Acquisition Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Avanti Acquisition'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. Avanti Acquisition's Operating Income for the three months ended in Jun. 2022 was € -0.18 Mil. Avanti Acquisition's Interest Expense for the three months ended in Jun. 2022 was € 0.00 Mil. Avanti 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.

Avanti Acquisition Interest Expense Historical Data

The historical data trend for Avanti 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.

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Avanti Acquisition Interest Expense Chart

Avanti Acquisition Annual Data

Trend

Dec20

Dec21

Interest Expense

Avanti Acquisition Quarterly Data
	Jul20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Interest Expense	Get a 7-Day Free Trial			-	-	-	-	-

Avanti 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 Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.00 Mil.

Avanti Acquisition (FRA:AC9) 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.

Avanti Acquisition'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 €-0.18 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2022 was €0.00 Mil.

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

Avanti Acquisition had no long-term debt ⁽¹⁾.

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

Avanti Acquisition (FRA:AC9) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Avanti Acquisition Corp (FRA:AC9) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Boundary Hall, Cricket Square, PO Box 1093, Grand Cayman, CYM, KY1-1102

Website

https://www.avanti-acquisition.com

Avanti Acquisition Corp is a blank check company.

Avanti Acquisition (FRA:AC9) Headlines

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