Financial Strategies Acquisition (Financial Strategies Acquisition) Interest Expense : $-0.02 Mil (TTM As of Sep. 2022)

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What is Financial Strategies Acquisition Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Financial Strategies Acquisition's interest expense for the three months ended in Sep. 2022 was $ -0.02 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2022 was $-0.02 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. Financial Strategies Acquisition's Operating Income for the three months ended in Sep. 2022 was $ -0.50 Mil. Financial Strategies Acquisition's Interest Expense for the three months ended in Sep. 2022 was $ -0.02 Mil. Financial Strategies Acquisition 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.

Financial Strategies Acquisition Interest Expense Historical Data

The historical data trend for Financial Strategies 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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Financial Strategies Acquisition Interest Expense Chart

Financial Strategies Acquisition Annual Data

Trend

Dec20

Dec21

Interest Expense

Financial Strategies Acquisition Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Interest Expense	Get a 7-Day Free Trial			-	-	-	-	-0.02

Financial Strategies 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.02 Mil.

Financial Strategies Acquisition (OTCPK:FXCOW) 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.

Financial Strategies Acquisition's Interest Expense for the three months ended in Sep. 2022 was $-0.02 Mil. Its Operating Income for the three months ended in Sep. 2022 was $-0.50 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2022 was $0.66 Mil.

Financial Strategies Acquisition's Interest Coverage for the quarter that ended in Sep. 2022 is calculated as

Financial Strategies Acquisition did not have earnings to cover the interest expense.

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