FRBNW (Forbion European Acquisition) Interest Expense: $0.00 Mil (TTM As of Sep. 2023)

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FRBNW Forbion European Acquisition Corp FRBNW
18 GF Score
Price $0.74
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What is Forbion European Acquisition Interest Expense?

Forbion European Acquisition FRBNW 18 Interest Expense is $0.00 Mil as of Sep. 2023. GuruFocus rates FRBNW with a GF Score™ of 18/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Forbion European Acquisition's interest expense for the three months ended in Sep. 2023 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 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. Forbion European Acquisition's Operating Income for the three months ended in Sep. 2023 was $ -2.57 Mil. Forbion European Acquisition's Interest Expense for the three months ended in Sep. 2023 was $ 0.00 Mil. Forbion European 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.


Forbion European Acquisition  (NAS:FRBNW) 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.

Forbion European Acquisition's Interest Expense for the three months ended in Sep. 2023 was $0.00 Mil. Its Operating Income for the three months ended in Sep. 2023 was $-2.57 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was $0.00 Mil.

Forbion European Acquisition's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Forbion European 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.


Forbion European Acquisition Interest Expense Historical Data

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The historical data trend for Forbion European 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.

Forbion European Acquisition Interest Expense Chart

Forbion European Acquisition Annual Data
Trend Dec21 Dec22
Interest Expense
0.00 0.00

Forbion European Acquisition Quarterly Data
Jul21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Interest Expense Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00
FRBNW
18GF Score
Forbion European Acquisition Corp FRBNW
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Forbion European 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 Sep. 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $0.00 Mil mean?
Forbion European Acquisition (FRBNW) has a Interest Expense of $0.00 Mil as of Sep. 2023. Interest Expense is the amount a company pays on its long-term debt. View historical data on Forbion European Acquisition and its competitors.
Is Forbion European Acquisition's Interest Expense too high?
Forbion European Acquisition's current Interest Expense is $0.00 Mil. Overall, Forbion European Acquisition has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Forbion European Acquisition's Interest Expense compare to RRAC and SVII?
Forbion European Acquisition's Interest Expense of $0.00 Mil can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Diversified Financial Services company?
A good Interest Expense depends on the Diversified Financial Services industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Forbion European Acquisition and its competitors. Forbion European Acquisition's current Interest Expense is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forbion European Acquisition stock overvalued right now?
Forbion European Acquisition (FRBNW) has a current Interest Expense of $0.00 Mil. The current Interest Expense is $0.00 Mil. Forbion European Acquisition's overall GF Score™ is 18/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Forbion European Acquisition (FRBNW), the current Interest Expense is $0.00 Mil as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Forbion European Acquisition Business Description

Address 4001 Kennett Pike, Suite 302, Wilmington, DE, USA, 19807
Forbion European Acquisition Corp is a blank check company.
18GF Score

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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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