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PowerUp Acquisition (PowerUp Acquisition) Interest Expense : $-0.01 Mil (TTM As of Dec. 2023)


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What is PowerUp Acquisition Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. PowerUp Acquisition's interest expense for the three months ended in Dec. 2023 was $ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.01 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. PowerUp Acquisition's Operating Income for the three months ended in Dec. 2023 was $ -0.40 Mil. PowerUp Acquisition's Interest Expense for the three months ended in Dec. 2023 was $ -0.01 Mil. PowerUp 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.

PowerUp Acquisition Interest Expense Historical Data

The historical data trend for PowerUp 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.

PowerUp Acquisition Interest Expense Chart

PowerUp Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Interest Expense
- - -0.01

PowerUp Acquisition Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - -0.01

PowerUp 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.01 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.

PowerUp Acquisition  (NAS:PWUPU) 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.

PowerUp Acquisition's Interest Expense for the three months ended in Dec. 2023 was $-0.01 Mil. Its Operating Income for the three months ended in Dec. 2023 was $-0.40 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $0.00 Mil.

PowerUp Acquisition's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

PowerUp 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.

PowerUp Acquisition (PowerUp Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » PowerUp Acquisition Corp (NAS:PWUPU) » Definitions » Interest Expense
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Traded in Other Exchanges
PWUP:USA
Address
188 Grand Street, Unit No.195, New York, NY, USA, 10013
Website
https://www.powerupacq.com/
PowerUp Acquisition Corp is a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.