NLITW (Northern Lights Acquisition) Interest Expense: $0.00 Mil (TTM As of Jun. 2022)


NLITW Northern Lights Acquisition Corp NLITW
20 GF Score
Price $0.24
! 1 Warning Sign
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What is Northern Lights Acquisition Interest Expense?

Northern Lights Acquisition NLITW 20 Interest Expense is $0.00 Mil as of Jun. 2022. GuruFocus rates NLITW with a GF Score™ of 20/100. 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. Northern Lights Acquisition's interest expense for the three months ended in Jun. 2022 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 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 Lights Acquisition's Operating Income for the three months ended in Jun. 2022 was $ -1.09 Mil. Northern Lights Acquisition's Interest Expense for the three months ended in Jun. 2022 was $ 0.00 Mil. Northern Lights 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.

Northern Lights Acquisition  (NAS:NLITW) 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 Lights Acquisition's Interest Expense for the three months ended in Jun. 2022 was $0.00 Mil. Its Operating Income for the three months ended in Jun. 2022 was $-1.09 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2022 was $0.00 Mil.

Northern Lights Acquisition's Interest Coverage for the quarter that ended in Jun. 2022 is calculated as

Northern Lights 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:

Northern Lights Acquisition Corp has no debt.

Northern Lights Acquisition Interest Expense Historical Data

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The historical data trend for Northern Lights 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.

Northern Lights Acquisition Interest Expense Chart

Northern Lights Acquisition Annual Data
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Interest Expense
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Northern Lights Acquisition Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Interest Expense Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00
NLITW
20GF Score
Northern Lights Acquisition Corp NLITW
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Northern Lights Acquisition 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 Jun. 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $0.00 Mil mean?
Northern Lights Acquisition (NLITW) has a Interest Expense of $0.00 Mil as of Jun. 2022. Interest Expense is the amount a company pays on its long-term debt. View historical data on Northern Lights Acquisition and its competitors.
Is Northern Lights Acquisition's Interest Expense too high?
Northern Lights Acquisition's current Interest Expense is $0.00 Mil. Overall, Northern Lights Acquisition has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Northern Lights Acquisition's Interest Expense compare to KWAC and MBTC?
Northern Lights Acquisition'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 Northern Lights Acquisition and its competitors. Northern Lights Acquisition'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 Northern Lights Acquisition stock overvalued right now?
Northern Lights Acquisition (NLITW) has a current Interest Expense of $0.00 Mil. The current Interest Expense is $0.00 Mil. Northern Lights Acquisition's overall GF Score™ is 20/100 with 1 warning sign to review. 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 Northern Lights Acquisition (NLITW), the current Interest Expense is $0.00 Mil as of Jun. 2022. 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.

Northern Lights Acquisition Business Description

Address 10 East 53rd Street, Suite 3001, New York, NY, USA, 10022
Northern Lights Acquisition Corp is a blank check company. It is formed for the purpose of acquiring, engaging in a share exchange, share reconstruction and amalgamation with, purchasing all or substantially all of the assets of, entering into contractual arrangements with, or engaging in any other similar business combination with one or more businesses.
20GF Score

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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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