Reinvent Technology Partners Y (Reinvent Technology Partners Y) Interest Expense : $ Mil (TTM As of Jun. 2021)

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What is Reinvent Technology Partners Y Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Reinvent Technology Partners Y's interest expense for the three months ended in Jun. 2021 was $ 0.00 Mil. Reinvent Technology Partners Y does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Jun. 2021.

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. Reinvent Technology Partners Y's Operating Income for the three months ended in Jun. 2021 was $ -0.80 Mil. Reinvent Technology Partners Y's Interest Expense for the three months ended in Jun. 2021 was $ 0.00 Mil. Reinvent Technology Partners Y 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.

Reinvent Technology Partners Y Interest Expense Historical Data

The historical data trend for Reinvent Technology Partners Y'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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Reinvent Technology Partners Y Interest Expense Chart

Reinvent Technology Partners Y Annual Data

Trend

Dec20

Interest Expense

Reinvent Technology Partners Y Quarterly Data
	Dec20	Mar21	Jun21
Interest Expense	-	-1.11	-

Reinvent Technology Partners Y Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Reinvent Technology Partners Y (NAS:RTPY) 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.

Reinvent Technology Partners Y's Interest Expense for the three months ended in Jun. 2021 was $0.00 Mil. Its Operating Income for the three months ended in Jun. 2021 was $-0.80 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2021 was $0.00 Mil.

Reinvent Technology Partners Y's Interest Coverage for the quarter that ended in Jun. 2021 is calculated as

Reinvent Technology Partners Y had no long-term debt ⁽¹⁾.

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