AMG Acquisition (TSXV:AMG.P) Interest Expense : C$0.00 Mil (TTM As of Nov. 2024)

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What is AMG Acquisition Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. AMG Acquisition's interest expense for the three months ended in Nov. 2024 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Nov. 2024 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. AMG Acquisition's Operating Income for the three months ended in Nov. 2024 was C$ -0.01 Mil. AMG Acquisition's Interest Expense for the three months ended in Nov. 2024 was C$ 0.00 Mil. AMG 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.

AMG Acquisition Interest Expense Historical Data

The historical data trend for AMG 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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AMG Acquisition Interest Expense Chart

AMG Acquisition Annual Data

Trend

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Interest Expense

AMG Acquisition Quarterly Data
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AMG 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 Mil.

AMG Acquisition (TSXV:AMG.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.

AMG Acquisition's Interest Expense for the three months ended in Nov. 2024 was C$0.00 Mil. Its Operating Income for the three months ended in Nov. 2024 was C$-0.01 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Nov. 2024 was C$0.00 Mil.

AMG Acquisition's Interest Coverage for the quarter that ended in Nov. 2024 is calculated as

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

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

Good Sign:

AMG Acquisition Corp has no debt.

AMG Acquisition Business Description

Industry

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

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Address

230 997 Seymour Street, Office 9, Vancouver, BC, CAN, V6B 3M1

Website

AMG Acquisition Corp is a capital pool company. the principal business is the identification and evaluation of assets or a business and, once identified or evaluated, to negotiate an acquisition or participation in a business subject to receipt of shareholder approval, if required, and acceptance by regulatory authorities.

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