PLMIW (Plum Acquisition I) Interest Expense: $-0.06 Mil (TTM As of Jun. 2024)


PLMIW Plum Acquisition Corp I PLMIW
24 GF Score
Price $0.22
! 1 Warning Sign
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What is Plum Acquisition I Interest Expense?

Plum Acquisition I PLMIW +15.79% 24 Interest Expense is $-0.06 Mil as of Jun. 2024. GuruFocus rates PLMIW with a GF Score™ of 24/100. 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. Plum Acquisition I's interest expense for the three months ended in Jun. 2024 was $ -0.23 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was $-0.06 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. Plum Acquisition I's Operating Income for the three months ended in Jun. 2024 was $ -0.79 Mil. Plum Acquisition I's Interest Expense for the three months ended in Jun. 2024 was $ -0.23 Mil. Plum Acquisition I 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.

Plum Acquisition I  (NAS:PLMIW) 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.

Plum Acquisition I's Interest Expense for the three months ended in Jun. 2024 was $-0.23 Mil. Its Operating Income for the three months ended in Jun. 2024 was $-0.79 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was $0.00 Mil.

Plum Acquisition I's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Plum Acquisition I 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.

Plum Acquisition I Interest Expense Historical Data

* Premium members only.

The historical data trend for Plum Acquisition I'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.

Plum Acquisition I Interest Expense Chart

Plum Acquisition I Annual Data
Trend Dec21 Dec22 Dec23
Interest Expense
0.00 0.00 -0.76

Plum Acquisition I Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -0.11 -2.47 3.06 -0.42 -0.23
PLMIW
24GF Score
Plum Acquisition Corp I PLMIW
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Plum Acquisition I 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.06 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 $-0.06 Mil mean?
Plum Acquisition I (PLMIW) has a Interest Expense of $-0.06 Mil as of Jun. 2024. Interest Expense is the amount a company pays on its long-term debt. View historical data on Plum Acquisition I and its competitors.
Is Plum Acquisition I's Interest Expense too high?
Plum Acquisition I's current Interest Expense is $-0.06 Mil. Overall, Plum Acquisition I has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Plum Acquisition I's Interest Expense compare to LCA and SAMA?
Plum Acquisition I's Interest Expense of $-0.06 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 Plum Acquisition I and its competitors. Plum Acquisition I's current Interest Expense is $-0.06 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plum Acquisition I stock overvalued right now?
Plum Acquisition I (PLMIW) has a current Interest Expense of $-0.06 Mil. The current Interest Expense is $-0.06 Mil. Plum Acquisition I's overall GF Score™ is 24/100 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 Plum Acquisition I (PLMIW), the current Interest Expense is $-0.06 Mil as of Jun. 2024. 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.

Plum Acquisition I Business Description

Address 2021 Fillmore Street, Suite 2089, San Francisco, CA, USA, 94115
Plum Acquisition Corp I is a blank check company.
24GF 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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