What is FTAC Hera Acquisition Interest Expense?
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. FTAC Hera 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. FTAC Hera Acquisition's Operating Income for the
three
months ended in Sep. 2022 was $ -0.29 Mil. FTAC Hera Acquisition's Interest Expense for the
three
months ended in Sep. 2022 was $ 0.00 Mil.
FTAC Hera 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.
FTAC Hera Acquisition Interest Expense Historical Data
The historical data trend for FTAC Hera 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.
FTAC Hera Acquisition Interest Expense Chart
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FTAC Hera Acquisition Annual Data
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Trend |
Dec21 |
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FTAC Hera Acquisition Quarterly Data
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Jan21 |
Jun21 |
Sep21 |
Dec21 |
Mar22 |
Jun22 |
Sep22 |
| Interest Expense |
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FTAC Hera 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.
FTAC Hera Acquisition (NAS:HERAU) 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.
FTAC Hera 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 $-0.29 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Sep. 2022 was $0.00 Mil.
FTAC Hera Acquisition's Interest Coverage for the quarter that ended in Sep. 2022 is calculated as
| FTAC Hera 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.
Good Sign:
FTAC Hera Acquisition Corp has no debt.
FTAC Hera Acquisition Business Description
Traded in Other Exchanges
N/A
Address
2929 Arch Street, Suite 1703, Philadelphia, PA, USA, 19104
FTAC Hera Acquisition Corp is a blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities.
Executives
| Laura Kohn |
director |
2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104 |
| Daniel G Cohen |
officer: President and CEO |
712 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10019 |
| Douglas Listman |
officer: CFO and Secretary |
2929 ARCH STREET, 17TH FLOOR, PHILADELPHIA PA 19104-2870 |
| Mei Mei Tuan |
director |
C/O THE BANCORP, INC., 409 SILVERSIDE ROAD, WILMINGTON DE 19809 |
| Betsy Z Cohen |
director |
|
| Brittain Ezzes |
director |
2929 ARCH STREET, SUITE 1703, PHILADELPHIA PA 19104 |
| Jan Rock Zubrow |
director |
2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104 |
| Jewelle Bickford |
director |
2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104 |
| Leah Popowich |
director |
2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104 |
| Ftac Hera Sponsor, Llc |
10 percent owner |
2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104 |
| Ftac Hera Advisors, Llc |
10 percent owner |
2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104 |
FTAC Hera Acquisition Headlines
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