First Tidal Acquisition (TSXV:AAA.P) Interest Expense : C$0.00 Mil (TTM As of Nov. 2023)

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What is First Tidal Acquisition Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. First Tidal Acquisition's interest expense for the three months ended in Nov. 2023 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Nov. 2023 was C$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. First Tidal Acquisition's Operating Income for the three months ended in Nov. 2023 was C$ -0.01 Mil. First Tidal Acquisition's Interest Expense for the three months ended in Nov. 2023 was C$ 0.00 Mil. First Tidal 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.

First Tidal Acquisition Interest Expense Historical Data

The historical data trend for First Tidal 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.

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First Tidal Acquisition Interest Expense Chart

First Tidal Acquisition Annual Data

Trend

Feb21

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Feb23

Interest Expense

First Tidal Acquisition Quarterly Data
	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
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First Tidal 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 Nov. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 Mil.

First Tidal Acquisition (TSXV:AAA.P) 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.

First Tidal Acquisition's Interest Expense for the three months ended in Nov. 2023 was C$0.00 Mil. Its Operating Income for the three months ended in Nov. 2023 was C$-0.01 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Nov. 2023 was C$0.00 Mil.

First Tidal Acquisition's Interest Coverage for the quarter that ended in Nov. 2023 is calculated as

First Tidal Acquisition had no long-term debt ⁽¹⁾.

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

Good Sign:

First Tidal Acquisition Corp has no debt.

First Tidal Acquisition (TSXV:AAA.P) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » First Tidal Acquisition Corp (TSXV:AAA.P) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

1122 Mainland Street, Suite 228, Vancouver, BC, CAN, V6B 5L1

Website

First Tidal Acquisition Corp is a capital pool company.

First Tidal Acquisition (TSXV:AAA.P) Headlines

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