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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.

* Premium members only.

Yotta Acquisition Interest Expense Chart

Yotta Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Interest Expense
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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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

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.

* 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.


Yotta Acquisition  (NAS:YOTA) 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.

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).

* 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.


Yotta Acquisition Business Description

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

Yotta Acquisition Headlines

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