YOTA (Yotta Acquisition) Interest Expense : $0.00 Mil (TTM As of Sep. 2024)

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What is Yotta Acquisition Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Yotta 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. Yotta Acquisition's Operating Income for the three months ended in Sep. 2024 was $ -0.25 Mil. Yotta Acquisition's Interest Expense for the three months ended in Sep. 2024 was $ 0.00 Mil. Yotta 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.

Yotta Acquisition Interest Expense Historical Data

The historical data trend for Yotta 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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Yotta Acquisition Interest Expense Chart

Yotta Acquisition Annual Data

Trend

Dec21

Dec22

Dec23

Interest Expense

Yotta Acquisition Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Expense	Get a 7-Day Free Trial									-	-	-	-	-

Yotta 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.

Yotta Acquisition (NAS:YOTA) 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.

Yotta 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 $-0.25 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $0.00 Mil.

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

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

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

Yotta Acquisition Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Yotta Acquisition Corp (NAS:YOTA) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

1185 Avenue of the Americas, Suite 301, New York, NY, USA, 10036

Website

Yotta Acquisition Corp is a shell company.

Executives

Yotta Investment Llc	10 percent owner	1185 AVENUE OF THE AMERICAS, SUITE 301, NEW YORK NY 10036
Hui Chen	director, 10 percent owner, officer: Chief Executive Officer	1185 AVENUE OF THE AMERICAS, SUITE 301, NEW YORK NY 10036
Robert L. Labbe	director, officer: Chief Financial Officer	1185 AVENUE OF THE AMERICAS, SUITE 301, NEW YORK NY 10036
Michael Abraham Lazar	director	1185 AVENUE OF THE AMERICAS, SUITE 301, NEW YORK NY 10036
Brandon Miller	director	1185 AVENUE OF THE AMERICAS, SUITE 301, NEW YORK NY 10036
Daniel M. Mccabe	director	1200 SUMMER STREET, SUITE 201C, STAMFORD CT 06905