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Spree Acquisition 1 (Spree Acquisition 1) Interest Expense : $0.00 Mil (TTM As of Mar. 2023)


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What is Spree Acquisition 1 Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Spree Acquisition 1's interest expense for the three months ended in Mar. 2023 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 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. Spree Acquisition 1's Operating Income for the three months ended in Mar. 2023 was $ -0.39 Mil. Spree Acquisition 1's Interest Expense for the three months ended in Mar. 2023 was $ 0.00 Mil. Spree Acquisition 1 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.


Spree Acquisition 1 Interest Expense Historical Data

The historical data trend for Spree Acquisition 1'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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Spree Acquisition 1 Interest Expense Chart

Spree Acquisition 1 Annual Data
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Interest Expense
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Spree Acquisition 1 Quarterly Data
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Spree Acquisition 1 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 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.


Spree Acquisition 1  (NYSE:SHAP.U) 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.

Spree Acquisition 1's Interest Expense for the three months ended in Mar. 2023 was $0.00 Mil. Its Operating Income for the three months ended in Mar. 2023 was $-0.39 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2023 was $0.00 Mil.

Spree Acquisition 1's Interest Coverage for the quarter that ended in Mar. 2023 is calculated as

Spree Acquisition 1 had no long-term debt (1).

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Spree Acquisition Corp 1 Ltd has enough cash to cover all of its debt. Its financial situation is stable.


Spree Acquisition 1 (Spree Acquisition 1) Business Description

Traded in Other Exchanges
Address
1922 Wildwood Place NE, Atlanta, GA, USA, 30324
Spree Acquisition Corp 1 Ltd is a blank check company.