TMPMW (Turmeric Acquisition) Interest Expense: $0.00 Mil (TTM As of Jun. 2022)

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TMPMW Turmeric Acquisition Corp TMPMW
24 GF Score
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What is Turmeric Acquisition Interest Expense?

Turmeric Acquisition TMPMW 24 Interest Expense is $0.00 Mil as of Jun. 2022. GuruFocus rates TMPMW with a GF Score™ of 24/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Turmeric Acquisition's interest expense for the three months ended in Jun. 2022 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 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. Turmeric Acquisition's Operating Income for the three months ended in Jun. 2022 was $ -0.20 Mil. Turmeric Acquisition's Interest Expense for the three months ended in Jun. 2022 was $ 0.00 Mil. Turmeric Acquisition 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.


Turmeric Acquisition  (NAS:TMPMW) 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.

Turmeric Acquisition's Interest Expense for the three months ended in Jun. 2022 was $0.00 Mil. Its Operating Income for the three months ended in Jun. 2022 was $-0.20 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2022 was $0.00 Mil.

Turmeric Acquisition's Interest Coverage for the quarter that ended in Jun. 2022 is calculated as

Turmeric Acquisition 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:

Turmeric Acquisition Corp has no debt.


Turmeric Acquisition Interest Expense Historical Data

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The historical data trend for Turmeric 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.

Turmeric Acquisition Interest Expense Chart

Turmeric Acquisition Annual Data
Trend Dec20 Dec21
Interest Expense
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Turmeric Acquisition Quarterly Data
Aug20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Interest Expense Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00
TMPMW
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Turmeric Acquisition Corp TMPMW
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Turmeric 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 Jun. 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $0.00 Mil mean?
Turmeric Acquisition (TMPMW) has a Interest Expense of $0.00 Mil as of Jun. 2022. Interest Expense is the amount a company pays on its long-term debt. View historical data on Turmeric Acquisition and its competitors.
Is Turmeric Acquisition's Interest Expense too high?
Turmeric Acquisition's current Interest Expense is $0.00 Mil. Overall, Turmeric Acquisition has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Turmeric Acquisition's Interest Expense compare to AVHI and SGHL?
Turmeric Acquisition's Interest Expense of $0.00 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 Turmeric Acquisition and its competitors. Turmeric Acquisition's current Interest Expense is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turmeric Acquisition stock overvalued right now?
Turmeric Acquisition (TMPMW) has a current Interest Expense of $0.00 Mil. The current Interest Expense is $0.00 Mil. Turmeric Acquisition's overall GF Score™ is 24/100. 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 Turmeric Acquisition (TMPMW), the current Interest Expense is $0.00 Mil as of Jun. 2022. 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.

Turmeric Acquisition Business Description

Address 450 Kendall Street, Cambridge, MA, USA, 02142
Turmeric Acquisition Corp is a blank check company.
24GF Score

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