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MRCWF (Mercer Park Brand Acquisition) Interest Expense : $0.00 Mil (TTM As of Mar. 2021)


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What is Mercer Park Brand Acquisition Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mercer Park Brand Acquisition's interest expense for the six months ended in Mar. 2021 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 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. Mercer Park Brand Acquisition's Operating Income for the six months ended in Mar. 2021 was $ -1.32 Mil. Mercer Park Brand Acquisition's Interest Expense for the six months ended in Mar. 2021 was $ 0.00 Mil. Mercer Park Brand 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.


Mercer Park Brand Acquisition Interest Expense Historical Data

The historical data trend for Mercer Park Brand 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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Mercer Park Brand Acquisition Interest Expense Chart

Mercer Park Brand Acquisition Annual Data
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Mercer Park Brand Acquisition Semi-Annual Data
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Mercer Park Brand Acquisition 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 Mar. 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.


Mercer Park Brand Acquisition  (OTCPK:MRCWF) 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.

Mercer Park Brand Acquisition's Interest Expense for the six months ended in Mar. 2021 was $0.00 Mil. Its Operating Income for the six months ended in Mar. 2021 was $-1.32 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2021 was $0.00 Mil.

Mercer Park Brand Acquisition's Interest Coverage for the quarter that ended in Mar. 2021 is calculated as

Mercer Park Brand 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:

Mercer Park Brand Acquisition Corp has no debt.


Mercer Park Brand Acquisition Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
333 Bay Street, Suite 3400, Toronto, ON, CAN, M5H 2S7
Website
Mercer Park Brand Acquisition Corp is a special purpose acquisition company.

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