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Group Nine Acquisition (Group Nine Acquisition) Interest Expense : $0.00 Mil (TTM As of Sep. 2022)


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What is Group Nine Acquisition Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Group Nine Acquisition's interest expense for the three months ended in Sep. 2022 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 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. Group Nine Acquisition's Operating Income for the three months ended in Sep. 2022 was $ -0.42 Mil. Group Nine Acquisition's Interest Expense for the three months ended in Sep. 2022 was $ 0.00 Mil. Group Nine 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.

Group Nine Acquisition Interest Expense Historical Data

The historical data trend for Group Nine 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.

Group Nine Acquisition Interest Expense Chart

Group Nine Acquisition Annual Data
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Group Nine Acquisition Quarterly Data
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Group Nine 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 $0.00 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.

Group Nine Acquisition  (NAS:GNACW) 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.

Group Nine Acquisition's Interest Expense for the three months ended in Sep. 2022 was $0.00 Mil. Its Operating Income for the three months ended in Sep. 2022 was $-0.42 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2022 was $0.00 Mil.

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

Group Nine 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.

Group Nine Acquisition (Group Nine Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Group Nine Acquisition Corp (NAS:GNACW) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
568 Broadway, Floor 10, New York, NY, USA, 10012
Website
https://www.gnacinc.com
Group Nine Acquisition Corp is a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.