Inflection Point Acquisition (Inflection Point Acquisition) Interest Expense : $0.00 Mil (TTM As of Sep. 2022)

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What is Inflection Point Acquisition Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Inflection Point 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. Inflection Point Acquisition's Operating Income for the three months ended in Sep. 2022 was $ -2.01 Mil. Inflection Point Acquisition's Interest Expense for the three months ended in Sep. 2022 was $ 0.00 Mil. Inflection Point 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.

Inflection Point Acquisition Interest Expense Historical Data

The historical data trend for Inflection Point 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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Inflection Point Acquisition Interest Expense Chart

Inflection Point Acquisition Annual Data

Trend

Dec21

Interest Expense

Inflection Point Acquisition Quarterly Data
	Jan21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Interest Expense	Get a 7-Day Free Trial			-	-	-	-	-

Inflection Point 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.

Inflection Point Acquisition (NAS:IPAX) 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.

Inflection Point 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 $-2.01 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2022 was $0.00 Mil.

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

Inflection Point Acquisition had no long-term debt ⁽¹⁾.

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

Inflection Point Acquisition (Inflection Point Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Inflection Point Acquisition Corp (NAS:IPAX) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

34 East 51st Street, 5th Floor, New York, NY, USA, 10022

Website

https://www.inflectionpointacquisition.com

Inflection Point Acquisition Corp is a blank check company.

Executives

Erin Clift	director	C/O INFLECTION POINT ACQUISITION CORP., 34 EAST 51ST STREET, 5TH FLOOR, NEW YORK NY 10022
Kingstown Capital Partners, Llc	director, other: See Remarks	535 MADISON AVENUE, 30TH FLOOR, NEW YORK NY 10022
Kingstown 1740 Fund L.p.	director, other: See Remarks	34 EAST 51ST STREET, 5TH FLOOR, NEW YORK NY 10022
Guy Shanon	director, 10 percent owner, officer: Co-Chief Executive Officer	1270 BROADWAY, SUITE 1009, NEW YORK NY 10001
Michael Blitzer	director, 10 percent owner, officer: Co-Chief Executive Officer	1270 BROADWAY, SUITE 1009, NEW YORK NY 10001
Kingstown Capital Management L.p.	10 percent owner, other: See Remarks	167 MADISON AVENUE, SUITE 205 #1033, NEW YORK NY 10016
Kingstown Management Gp Llc	10 percent owner, other: See Remarks	1270 BROADWAY, SUITE 1009, NEW YORK NY 10001
Paula Sutter	director	969 BROADWAY, SUITE 200, OAKLAND CA 94607
Inflection Point Holdings Llc	10 percent owner, other: See Remarks	34 EAST 51ST STREET, 5TH FLOOR, NEW YORK NY 10022
Brian Pitz	director, officer: Chief Financial Officer	P.O. BOX 2158, AMTECH CAPITAL PARTNERS LLC, AMAGANSETT NY 11930
Nicholas Shekerdemian	director	201 EAST 21ST STREET, NEW YORK NY 10010