Virgin Group Acquisition II (Virgin Group Acquisition II) Interest Expense : $-0.07 Mil (TTM As of Mar. 2022)

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What is Virgin Group Acquisition II Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Virgin Group Acquisition II's interest expense for the three months ended in Mar. 2022 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2022 was $-0.07 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. Virgin Group Acquisition II's Operating Income for the three months ended in Mar. 2022 was $ -1.01 Mil. Virgin Group Acquisition II's Interest Expense for the three months ended in Mar. 2022 was $ 0.00 Mil. Virgin Group Acquisition II 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.

Virgin Group Acquisition II Interest Expense Historical Data

The historical data trend for Virgin Group Acquisition II'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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Virgin Group Acquisition II Interest Expense Chart

Virgin Group Acquisition II Annual Data

Trend

Dec21

Interest Expense

-0.57

Virgin Group Acquisition II Quarterly Data
	Jan21	Jun21	Sep21	Dec21	Mar22
Interest Expense	-	-0.07	-	-	-

Virgin Group Acquisition II 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 Mar. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.07 Mil.

Virgin Group Acquisition II (NYSE:VGII) 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.

Virgin Group Acquisition II's Interest Expense for the three months ended in Mar. 2022 was $0.00 Mil. Its Operating Income for the three months ended in Mar. 2022 was $-1.01 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2022 was $0.00 Mil.

Virgin Group Acquisition II's Interest Coverage for the quarter that ended in Mar. 2022 is calculated as

Virgin Group Acquisition II had no long-term debt ⁽¹⁾.

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