Spring Valley Acquisition (Spring Valley Acquisition) Interest Expense : $0.00 Mil (TTM As of Dec. 2021)

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What is Spring Valley Acquisition Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Spring Valley Acquisition's interest expense for the three months ended in Dec. 2021 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2021 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. Spring Valley Acquisition's Operating Income for the three months ended in Dec. 2021 was $ -0.20 Mil. Spring Valley Acquisition's Interest Expense for the three months ended in Dec. 2021 was $ 0.00 Mil. Spring Valley 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.

Spring Valley Acquisition Interest Expense Historical Data

The historical data trend for Spring Valley 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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Spring Valley Acquisition Interest Expense Chart

Spring Valley Acquisition Annual Data

Trend

Dec20

Dec21

Interest Expense

Spring Valley Acquisition Quarterly Data
	Aug20	Mar21	Jun21	Sep21	Dec21
Interest Expense	-	-	-	-	-

Spring Valley 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. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Spring Valley Acquisition (NAS:SVSVW) 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.

Spring Valley Acquisition's Interest Expense for the three months ended in Dec. 2021 was $0.00 Mil. Its Operating Income for the three months ended in Dec. 2021 was $-0.20 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2021 was $0.00 Mil.

Spring Valley Acquisition's Interest Coverage for the quarter that ended in Dec. 2021 is calculated as

Spring Valley Acquisition had no long-term debt ⁽¹⁾.

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

Good Sign:

Spring Valley Acquisition Corp has no debt.