MCAP Acquisition (MCAP Acquisition) Interest Expense : $ Mil (TTM As of . 20)

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What is MCAP Acquisition Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. MCAP Acquisition's interest expense for the six months ended in . 20 was $ 0.00 Mil. MCAP Acquisition does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in . 20.

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. MCAP Acquisition's Operating Income for the six months ended in . 20 was $ 0.00 Mil. MCAP Acquisition's Interest Expense for the six months ended in . 20 was $ 0.00 Mil. MCAP Acquisition 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.

MCAP Acquisition Interest Expense Historical Data

The historical data trend for MCAP 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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MCAP Acquisition Interest Expense Chart

MCAP Acquisition Annual Data

Trend

Dec20

Interest Expense

MCAP Acquisition Semi-Annual Data
	Dec20
Interest Expense	-

MCAP Acquisition Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

MCAP Acquisition (NAS:MACQW) 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.

MCAP Acquisition's Interest Expense for the six months ended in . 20 was $0.00 Mil. Its Operating Income for the six months ended in . 20 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in . 20 was $0.00 Mil.

MCAP Acquisition's Interest Coverage for the quarter that ended in . 20 is calculated as

MCAP Acquisition had no long-term debt ⁽¹⁾.

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