IVCBF (Investcorp Europe Acquisition I) Interest Expense: $-0.26 Mil (TTM As of Sep. 2024)


IVCBF Investcorp Europe Acquisition Corp I IVCBF
25 GF Score
Price $6.00
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What is Investcorp Europe Acquisition I Interest Expense?

Investcorp Europe Acquisition I IVCBF 25 Interest Expense is $-0.26 Mil as of Sep. 2024. GuruFocus rates IVCBF with a GF Score™ of 25/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Investcorp Europe Acquisition I's interest expense for the three months ended in Sep. 2024 was $ -0.16 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-0.26 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. Investcorp Europe Acquisition I's Operating Income for the three months ended in Sep. 2024 was $ -1.95 Mil. Investcorp Europe Acquisition I's Interest Expense for the three months ended in Sep. 2024 was $ -0.16 Mil. Investcorp Europe Acquisition I 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.

Investcorp Europe Acquisition I  (OTCPK:IVCBF) 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.

Investcorp Europe Acquisition I's Interest Expense for the three months ended in Sep. 2024 was $-0.16 Mil. Its Operating Income for the three months ended in Sep. 2024 was $-1.95 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $0.00 Mil.

Investcorp Europe Acquisition I's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Investcorp Europe Acquisition I did not have earnings to cover the interest expense.

* 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.

Investcorp Europe Acquisition I Interest Expense Historical Data

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The historical data trend for Investcorp Europe Acquisition I'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.

Investcorp Europe Acquisition I Interest Expense Chart

Investcorp Europe Acquisition I Annual Data
Trend Dec21 Dec22 Dec23
Interest Expense
0.00 0.00 0.00

Investcorp Europe Acquisition I Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 -0.10 -0.16
IVCBF
25GF Score
Investcorp Europe Acquisition Corp I IVCBF
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Investcorp Europe Acquisition I 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 $-0.26 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-0.26 Mil mean?
Investcorp Europe Acquisition I (IVCBF) has a Interest Expense of $-0.26 Mil as of Sep. 2024. Interest Expense is the amount a company pays on its long-term debt. View historical data on Investcorp Europe Acquisition I and its competitors.
Is Investcorp Europe Acquisition I's Interest Expense too high?
Investcorp Europe Acquisition I's current Interest Expense is $-0.26 Mil. Overall, Investcorp Europe Acquisition I has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does Investcorp Europe Acquisition I's Interest Expense compare to KVAC and CFSU?
Investcorp Europe Acquisition I's Interest Expense of $-0.26 Mil can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Diversified Financial Services company?
A good Interest Expense depends on the Diversified Financial Services industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Investcorp Europe Acquisition I and its competitors. Investcorp Europe Acquisition I's current Interest Expense is $-0.26 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Investcorp Europe Acquisition I stock overvalued right now?
Investcorp Europe Acquisition I (IVCBF) has a current Interest Expense of $-0.26 Mil. The current Interest Expense is $-0.26 Mil. Investcorp Europe Acquisition I's overall GF Score™ is 25/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Investcorp Europe Acquisition I (IVCBF), the current Interest Expense is $-0.26 Mil as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Investcorp Europe Acquisition I Business Description

Address Elgin Avenue, Century Yard, Cricket Square, P.O. Box 1111, George Town, Grand Cayman, CYM, KY1-1102
Investcorp Europe Acquisition Corp I is a blank check company.
25GF Score

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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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