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NGC.U (Northern Genesis Acquisition III) Interest Expense : $0.00 Mil (TTM As of Sep. 2022)


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What is Northern Genesis Acquisition III Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Northern Genesis Acquisition III's interest expense for the three months ended in Sep. 2022 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2022 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. Northern Genesis Acquisition III's Operating Income for the three months ended in Sep. 2022 was $ -0.56 Mil. Northern Genesis Acquisition III's Interest Expense for the three months ended in Sep. 2022 was $ 0.00 Mil. Northern Genesis Acquisition III 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.


Northern Genesis Acquisition III Interest Expense Historical Data

The historical data trend for Northern Genesis Acquisition III'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.

* Premium members only.

Northern Genesis Acquisition III Interest Expense Chart

Northern Genesis Acquisition III Annual Data
Trend Dec21
Interest Expense
-0.36

Northern Genesis Acquisition III Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Interest Expense Get a 7-Day Free Trial - - - - -

Northern Genesis Acquisition III 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which 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.


Northern Genesis Acquisition III  (NYSE:NGC.U) 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.

Northern Genesis Acquisition III's Interest Expense for the three months ended in Sep. 2022 was $0.00 Mil. Its Operating Income for the three months ended in Sep. 2022 was $-0.56 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2022 was $0.00 Mil.

Northern Genesis Acquisition III's Interest Coverage for the quarter that ended in Sep. 2022 is calculated as

Northern Genesis Acquisition III 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.


Northern Genesis Acquisition III Business Description

Traded in Other Exchanges
N/A
Address
4801 Main Street, Suite 1000, Kansas City, MO, USA, 64112
Northern Genesis Acquisition Corp III is a blank check company.
Executives
Michael B Hoffman officer: President 1 GREENWICH OFFICE PARK, GREENWICH CT 06831
Paul Dalglish director C/O NORTHERN GENESIS ACQUISITION CORP., 4801 MAIN STREET, SUITE 1000, KANSAS CITY MO 64112
Robert Ian Schaefer director C/O NORTHERN GENESIS ACQUISITION CORP., 4801 MAIN STREET, SUITE 1000, KANSAS CITY MO 64112
Brad Sparkes director C/O NORTHERN GENESIS ACQUISITION CORP., 4801 MAIN STREET, SUITE 1000, KANSAS CITY MO 64112
Kenneth Manget officer: Chief Financial Officer C/O NORTHERN GENESIS ACQUISITION CORP., 4801 MAIN STREET, SUITE 1000, KANSAS CITY MO 64112