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WEL (Integrated Wellness Acquisition) Interest Expense : $0.00 Mil (TTM As of Sep. 2024)


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What is Integrated Wellness Acquisition Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Integrated Wellness Acquisition's interest expense for the three months ended in Sep. 2024 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 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. Integrated Wellness Acquisition's Operating Income for the three months ended in Sep. 2024 was $ -0.56 Mil. Integrated Wellness Acquisition's Interest Expense for the three months ended in Sep. 2024 was $ 0.00 Mil. Integrated Wellness 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.

Integrated Wellness Acquisition Interest Expense Historical Data

The historical data trend for Integrated Wellness 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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Integrated Wellness Acquisition Interest Expense Chart

Integrated Wellness Acquisition Annual Data
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Interest Expense
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Integrated Wellness Acquisition Quarterly Data
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Integrated Wellness 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 Sep. 2024 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.

Integrated Wellness Acquisition  (NYSE:WEL) 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.

Integrated Wellness Acquisition's Interest Expense for the three months ended in Sep. 2024 was $0.00 Mil. Its Operating Income for the three months ended in Sep. 2024 was $-0.56 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $0.00 Mil.

Integrated Wellness Acquisition's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Integrated Wellness 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.

Integrated Wellness Acquisition Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Integrated Wellness Acquisition Corp (NYSE:WEL) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
59 N. Main Street, Suite 1, Florida, NY, USA, 10921
Website
https://www.integratedwellnessholdings.com
Integrated Wellness Acquisition Corp is a blank check company.
Executives
Gael Forterre director 1489 WEST WARM SPRINGS ROAD, SUITE 110, HENDERSON NV 89014
Scott Brady Powell director 700 1ST STREET, #17J, HOBOKEN NJ 07030
Iwh Sponsor Lp 10 percent owner 642 EVELYN AVENUE 2ND FLOOR, EAST MEADOW NY 11554
Hadrien Forterre director, 10 percent owner 148 N MAIN STREET, FLORIDA NY 10921
Robert Quandt director, officer: Chief Operating Officer 148 N MAIN STREET, FLORIDA NY 10921
Steven Schapera director, officer: Chief Executive Officer 148 N MAIN STREET, FLORIDA NY 10921
Della Vergiliana Antonio Varano director, 10 percent owner 148 N MAIN STREET, FLORIDA NY 10921
James T. Macperhson director, 10 percent owner, officer: Chief Financial Officer 148 N MAIN STREET, FLORIDA NY 10921
Iwh Sponsor Gp Llc 10 percent owner 148 N MAIN STREET, FLORIDA NY 10921