MCMJW (Merida Merger I) Interest Expense: $0.00 Mil (TTM As of Sep. 2021)

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What is Merida Merger I Interest Expense?

Merida Merger I MCMJW Interest Expense is $0.00 Mil as of Sep. 2021. The stock has 1 warning sign investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Merida Merger I's interest expense for the six months ended in Sep. 2021 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2021 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. Merida Merger I's Operating Income for the six months ended in Sep. 2021 was $ -0.44 Mil. Merida Merger I's Interest Expense for the six months ended in Sep. 2021 was $ 0.00 Mil. Merida Merger I 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.


Merida Merger I  (NAS:MCMJW) 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.

Merida Merger I's Interest Expense for the six months ended in Sep. 2021 was $0.00 Mil. Its Operating Income for the six months ended in Sep. 2021 was $-0.44 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2021 was $0.00 Mil.

Merida Merger I's Interest Coverage for the quarter that ended in Sep. 2021 is calculated as

Merida Merger I 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.


Merida Merger I Interest Expense Historical Data

* Premium members only.

The historical data trend for Merida Merger 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.

Merida Merger I Interest Expense Chart

Merida Merger I Annual Data
Trend Dec19 Dec20
Interest Expense
0.00 0.00

Merida Merger I Semi-Annual Data
Jul19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Merida Merger I Interest Expense Calculation

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

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Sep. 2021 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $0.00 Mil mean?
Merida Merger I (MCMJW) has a Interest Expense of $0.00 Mil as of Sep. 2021. Interest Expense is the amount a company pays on its long-term debt. View historical data on Merida Merger I and its competitors.
Is Merida Merger I's Interest Expense too high?
Merida Merger I's current Interest Expense is $0.00 Mil.
How does Merida Merger I's Interest Expense compare to ?
Merida Merger I's Interest Expense of $0.00 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 Merida Merger I and its competitors. Merida Merger I's current Interest Expense is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Merida Merger I stock overvalued right now?
Merida Merger I (MCMJW) has a current Interest Expense of $0.00 Mil. The current Interest Expense is $0.00 Mil. 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 Merida Merger I (MCMJW), the current Interest Expense is $0.00 Mil as of Sep. 2021. 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.

Merida Merger I Business Description

Comparable Companies
Address 641 Lexington Avenue, 18th Floor, New York, NY, USA, 10022
Merida Merger Corp I is a blank check company.