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PLAOF (Patria Latin American Opportunity Acquisition) Interest Expense : $-0.05 Mil (TTM As of Mar. 2025)


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What is Patria Latin American Opportunity Acquisition Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Patria Latin American Opportunity Acquisition's interest expense for the three months ended in Mar. 2025 was $ -0.02 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was $-0.05 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. Patria Latin American Opportunity Acquisition's Operating Income for the three months ended in Mar. 2025 was $ -0.25 Mil. Patria Latin American Opportunity Acquisition's Interest Expense for the three months ended in Mar. 2025 was $ -0.02 Mil. Patria Latin American Opportunity Acquisition did not have earnings to cover the interest expense. 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.

Patria Latin American Opportunity Acquisition Interest Expense Historical Data

The historical data trend for Patria Latin American Opportunity 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.

* Premium members only.

Patria Latin American Opportunity Acquisition Interest Expense Chart

Patria Latin American Opportunity Acquisition Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Interest Expense
- - - -0.03

Patria Latin American Opportunity Acquisition Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - -0.01 -0.01 -0.01 -0.02

Patria Latin American Opportunity 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 Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.05 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.

Patria Latin American Opportunity Acquisition  (OTCPK:PLAOF) 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.

Patria Latin American Opportunity Acquisition's Interest Expense for the three months ended in Mar. 2025 was $-0.02 Mil. Its Operating Income for the three months ended in Mar. 2025 was $-0.25 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was $0.00 Mil.

Patria Latin American Opportunity Acquisition's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Patria Latin American Opportunity Acquisition did not have earnings to cover the interest expense.

* 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.

Patria Latin American Opportunity Acquisition Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Patria Latin American Opportunity Acquisition Corp (OTCPK:PLAOF) » Definitions » Interest Expense
Comparable Companies
KVAC CHEB TLGYF PCSC SVII AIFE PHYTF SUAC UMAC RRACF AACT ANSC AAM EQV NETD GATE CEP CCIX KFII CCIR
Traded in Other Exchanges
N/A
Address
60 Nexus Way, 4th Floor, PO Box 757, Camana Bay, CYM, KY1-9006
Website
https://www.patrialatamgrowth.com
Patria Latin American Opportunity Acquisition Corp is a blank check company.
Executives
Patria Spac Llc 10 percent owner UGLAND HOUSE, PO BOX 309, GRAND CAYMAN E9 KY1-1104
Marco Nicola D'ippolito officer: Chief Financial Officer 18 FORUM LANE, 3RD FLOOR, CAMANA BAY, PO BOX 757, GRAND CAYMAN E9 KY1-9006
Goncalves De Araujo Teixeira Jose Augusto officer: Chief Executive Officer 18 FORUM LANE, 3RD FLOOR, CAMANA BAY, PO BOX 757, GRAND CAYMAN E9 KY1-9006
Teixeira De Assumpcao Saigh Alexandre director 18 FORUM LANE, 3RD FLOOR, CAMANA BAY, PO BOX 757, GRAND CAYMAN E9 KY1-9006
Ricardo Leonel Scavazza director 18 FORUM LANE, 3RD FLOOR, CAMANA BAY, PO BOX 757, GRAND CAYMAN E9 KY1-9006
Elejalde De Campos Pedro Paulo director 18 FORUM LANE, 3RD FLOOR, CAMANA BAY, PO BOX 757, GRAND CAYMAN E9 KY1-9006
Mello Guimaraes Maria Claudia director 18 FORUM LANE, 3RD FLOOR, CAMANA BAY, PO BOX 757, GRAND CAYMAN E9 KY1-9006
Leonardos Ricardo Barbosa director 18 FORUM LANE, 3RD FLOOR, CAMANA BAY, PO BOX 757, GRAND CAYMAN E9 KY1-9006