NextGen Acquisition (NextGen Acquisition) Interest Expense : $ Mil (TTM As of Jul. 2020)

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What is NextGen Acquisition Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. NextGen Acquisition's interest expense for the six months ended in Jul. 2020 was $ 0.00 Mil. NextGen Acquisition does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Jul. 2020.

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. NextGen Acquisition's Operating Income for the six months ended in Jul. 2020 was $ 0.00 Mil. NextGen Acquisition's Interest Expense for the six months ended in Jul. 2020 was $ 0.00 Mil. NextGen 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.

NextGen Acquisition Interest Expense Historical Data

The historical data trend for NextGen 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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NextGen Acquisition Interest Expense Chart

NextGen Acquisition Annual Data

Trend

Dec20

Interest Expense

NextGen Acquisition Semi-Annual Data
	Jul20
Interest Expense	-

NextGen Acquisition Interest Expense Calculation

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

NextGen Acquisition (NAS:NGAC) 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.

NextGen Acquisition's Interest Expense for the six months ended in Jul. 2020 was $0.00 Mil. Its Operating Income for the six months ended in Jul. 2020 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jul. 2020 was $0.00 Mil.

NextGen Acquisition's Interest Coverage for the quarter that ended in Jul. 2020 is calculated as

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

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