GLAC (Global Lights Acquisition) Interest Expense : $0.00 Mil (TTM As of Sep. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Global Lights Acquisition Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Global Lights Acquisition's interest expense for the three months ended in Sep. 2024 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 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. Global Lights Acquisition's Operating Income for the three months ended in Sep. 2024 was $ -0.15 Mil. Global Lights Acquisition's Interest Expense for the three months ended in Sep. 2024 was $ 0.00 Mil. Global Lights 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.

Global Lights Acquisition Interest Expense Historical Data

The historical data trend for Global Lights 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.

Global Lights Acquisition Interest Expense Chart

Global Lights Acquisition Annual Data

Trend

Dec21

Dec22

Dec23

Interest Expense

Global Lights Acquisition Quarterly Data
	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Expense	Get a 7-Day Free Trial					-	-	-	-	-

Global Lights 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Global Lights Acquisition (NAS:GLAC) 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.

Global Lights Acquisition's Interest Expense for the three months ended in Sep. 2024 was $0.00 Mil. Its Operating Income for the three months ended in Sep. 2024 was $-0.15 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $0.00 Mil.

Global Lights Acquisition's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Global Lights Acquisition had no long-term debt ⁽¹⁾.

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