Pivotal Investment III (Pivotal Investment III) Interest Expense : $0.00 Mil (TTM As of Jun. 2023)

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What is Pivotal Investment III Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Pivotal Investment III's interest expense for the three months ended in Jun. 2023 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 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. Pivotal Investment III's Operating Income for the three months ended in Jun. 2023 was $ -0.13 Mil. Pivotal Investment III's Interest Expense for the three months ended in Jun. 2023 was $ 0.00 Mil. Pivotal Investment 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.

Pivotal Investment III Interest Expense Historical Data

The historical data trend for Pivotal Investment 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.

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Pivotal Investment III Interest Expense Chart

Pivotal Investment III Annual Data

Trend

Dec20

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Dec22

Interest Expense

Pivotal Investment III Quarterly Data
	Nov20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
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Pivotal Investment 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 Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Pivotal Investment III (OTCPK:PICC.U) 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.

Pivotal Investment III's Interest Expense for the three months ended in Jun. 2023 was $0.00 Mil. Its Operating Income for the three months ended in Jun. 2023 was $-0.13 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2023 was $0.00 Mil.

Pivotal Investment III's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Pivotal Investment III had no long-term debt ⁽¹⁾.

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

Good Sign:

Pivotal Investment Corp III has no debt.

Pivotal Investment III (Pivotal Investment III) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Pivotal Investment Corp III (OTCPK:PICC.U) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/o Graubard Miller, 405 Lexington Avenue, The Chrysler Building, New York, NY, USA, 10174

Website

https://www.pivotalic.com

Pivotal Investment Corp III is a blank check company.

Executives

Jonathan J Ledecky	director, 10 percent owner	C/O THE LEDECKY FOUNDATION, 901 - 15TH STREET, NW, SUITE 950, WASHINGTON DC 20005
Kevin Griffin	director, 10 percent owner, officer: Chief Executive Officer	C/O PIVOTAL ACQUISITION CORP., C/O GRAUBARD MILLER, 405 LEXINGTON AVE, NEW YORK NY 10174
Pivotal Investment Holdings Iii Llc	10 percent owner	C/O GRAUBARD MILLER, 405 LEXINGTON AVENUE, NEW YORK NY 10174
Kristen Dumont	director	C/O KHOSLA VENTURES ACQUISITION CO. IV, 2128 SAND HILL RD, MENLO PARK CA 94025
Katherine Oliver	director	100 EAST RIDGE ROAD, RIDGEFIELD CT 06877
James Hr Brady	officer: Chief Financial Officer	1850 CENTENNIAL PARK DRIVE, SUITE 200, RESTON VA 20191
Katrina Adams	director	C/O PIVOTAL ACQUISITION CORP., C/O GRAUBARD MILLER, 405 LEXINGTON AVE, NEW YORK NY 10174
Sarah Sclarsic	director	C/O PIVOTAL INVESTMENT CORPORATION II, C/O GRAUBARD MILLER, 405 LEXINGTON AVE, NEW YORK NY 10174
Greg Racz	officer: Chief Operating Officer	C/O OCTAVIAN GLOBAL PARTNERS, LLC, 650 MADISON AVENUE, 26TH FLOOR, NEW YORK NY 10022

Pivotal Investment III (Pivotal Investment III) Headlines

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