SWSSW (Clean Energy Special Situations) Interest Expense: $-0.31 Mil (TTM As of Sep. 2023)


SWSSW Clean Energy Special Situations Corp SWSSW
31 GF Score
Price $0.00
View Full Analysis

What is Clean Energy Special Situations Interest Expense?

Clean Energy Special Situations SWSSW 31 Interest Expense is $-0.31 Mil as of Sep. 2023. GuruFocus rates SWSSW with a GF Score™ of 31/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Clean Energy Special Situations's interest expense for the three months ended in Sep. 2023 was $ -0.17 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $-0.31 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. Clean Energy Special Situations's Operating Income for the three months ended in Sep. 2023 was $ -0.24 Mil. Clean Energy Special Situations's Interest Expense for the three months ended in Sep. 2023 was $ -0.17 Mil. Clean Energy Special Situations 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.

Clean Energy Special Situations  (OTCPK:SWSSW) 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.

Clean Energy Special Situations's Interest Expense for the three months ended in Sep. 2023 was $-0.17 Mil. Its Operating Income for the three months ended in Sep. 2023 was $-0.24 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was $0.00 Mil.

Clean Energy Special Situations's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Clean Energy Special Situations 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.

Clean Energy Special Situations Interest Expense Historical Data

* Premium members only.

The historical data trend for Clean Energy Special Situations'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.

Clean Energy Special Situations Interest Expense Chart

Clean Energy Special Situations Annual Data
Trend Dec20 Dec21 Dec22
Interest Expense
0.00 0.00 0.00

Clean Energy Special Situations Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 -0.13 -0.17
SWSSW
31GF Score
Clean Energy Special Situations Corp SWSSW
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Clean Energy Special Situations 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.31 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 $-0.31 Mil mean?
Clean Energy Special Situations (SWSSW) has a Interest Expense of $-0.31 Mil as of Sep. 2023. Interest Expense is the amount a company pays on its long-term debt. View historical data on Clean Energy Special Situations and its competitors.
Is Clean Energy Special Situations' Interest Expense too high?
Clean Energy Special Situations' current Interest Expense is $-0.31 Mil. Overall, Clean Energy Special Situations has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Clean Energy Special Situations' Interest Expense compare to CREEF and AEAE?
Clean Energy Special Situations' Interest Expense of $-0.31 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 Clean Energy Special Situations and its competitors. Clean Energy Special Situations's current Interest Expense is $-0.31 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clean Energy Special Situations stock overvalued right now?
Clean Energy Special Situations (SWSSW) has a current Interest Expense of $-0.31 Mil. The current Interest Expense is $-0.31 Mil. Clean Energy Special Situations' overall GF Score™ is 31/100. 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 Clean Energy Special Situations (SWSSW), the current Interest Expense is $-0.31 Mil as of Sep. 2023. 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.

Clean Energy Special Situations Business Description

Address c/o Graubard Miller, 405 Lexington Avenue, 44th Floor, The Chrysler Building, New York, NY, USA, 10174
Clean Energy Special Situations Corp Formerly Springwater Special Situations Corp is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities.
31GF Score

Get the complete analysis for SWSSW

Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.00
Price