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Shelter Acquisition I (Shelter Acquisition I) Interest Expense : $0.00 Mil (TTM As of Sep. 2022)


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What is Shelter Acquisition I Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shelter Acquisition I's interest expense for the three months ended in Sep. 2022 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2022 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. Shelter Acquisition I's Operating Income for the three months ended in Sep. 2022 was $ -0.27 Mil. Shelter Acquisition I's Interest Expense for the three months ended in Sep. 2022 was $ 0.00 Mil. Shelter Acquisition I 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.

Shelter Acquisition I Interest Expense Historical Data

The historical data trend for Shelter 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.

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Shelter Acquisition I Interest Expense Chart

Shelter Acquisition I Annual Data
Trend Dec20 Dec21
Interest Expense
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Shelter Acquisition I Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Interest Expense Get a 7-Day Free Trial - - - - -

Shelter 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 Sep. 2022 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.

Shelter Acquisition I  (NAS:SHQAU) 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.

Shelter Acquisition I's Interest Expense for the three months ended in Sep. 2022 was $0.00 Mil. Its Operating Income for the three months ended in Sep. 2022 was $-0.27 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2022 was $0.00 Mil.

Shelter Acquisition I's Interest Coverage for the quarter that ended in Sep. 2022 is calculated as

Shelter Acquisition I 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:

Shelter Acquisition Corp I has no debt.

Shelter Acquisition I (Shelter Acquisition I) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Shelter Acquisition Corp I (NAS:SHQAU) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
6 Midland Street, Suite No. 1726, Quogue, NY, USA, 11959
Website
https://www.shelteracq.com
Shelter Acquisition Corp I is a newly organized 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.