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Andretti Acquisition (Andretti Acquisition) Interest Expense : $-0.07 Mil (TTM As of Dec. 2023)


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What is Andretti Acquisition Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Andretti Acquisition's interest expense for the three months ended in Dec. 2023 was $ -0.03 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 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. Andretti Acquisition's Operating Income for the three months ended in Dec. 2023 was $ -2.11 Mil. Andretti Acquisition's Interest Expense for the three months ended in Dec. 2023 was $ -0.03 Mil. Andretti Acquisition did not have earnings to cover the interest expense. 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.

Andretti Acquisition Interest Expense Historical Data

The historical data trend for Andretti 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.

* Premium members only.

Andretti Acquisition Interest Expense Chart

Andretti Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Interest Expense
- - -0.07

Andretti Acquisition Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - -0.02 -0.03 -0.03

Andretti 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.07 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.

Andretti Acquisition  (NYSE:WNNR) 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.

Andretti Acquisition's Interest Expense for the three months ended in Dec. 2023 was $-0.03 Mil. Its Operating Income for the three months ended in Dec. 2023 was $-2.11 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $2.45 Mil.

Andretti Acquisition's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Andretti Acquisition did not have earnings to cover the interest expense.

* 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.

Andretti Acquisition (Andretti Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Andretti Acquisition Corp (NYSE:WNNR) » Definitions » Interest Expense
Comparable Companies
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Traded in Other Exchanges
N/A
Address
7615 Zionsville Road, Indianapolis, IN, USA, 46268
Website
https://andrettiacquisition.com
Andretti Acquisition Corp is a blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
Executives
William Matthew Brown officer: See Remarks 331 N. MAIN ST., EULESS TX 76039
William J Sandbrook director, officer: See Remarks C/O U.S. CONCRETE, INC., 331 N. MAIN STREET, EULESS TX 76039
James W Keyes director 4500 WESTGROVE DR. SUITE 222, ADDISON TX 75001
Cassandra S. Lee director 7615 ZIONSVILLE RD, INDIANAPOLIS IN 46268
Gerald D Putnam director 100 SOUTH WACKER DRIVE, SUITE 1800, CHICAGO IL 60606
Michael Andretti director, officer: See Remarks 4151 E. 96TH STREET, INDIANAPOLIS IN 46240
Andretti Sponsor Llc director, 10 percent owner, officer: See Remarks 7615 ZIONSVILLE RD, INDIANAPOLIS IN 46268
John J. Romanelli director 7615 ZIONSVILLE RD, INDIANAPOLIS IN 46268
Zakary C. Brown director 7615 ZIONSVILLE RD, INDIANAPOLIS IN 46268