Acri Capital Acquisition (Acri Capital Acquisition) Interest Expense : $0.00 Mil (TTM As of Mar. 2024)

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What is Acri Capital Acquisition Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Acri Capital Acquisition's interest expense for the three months ended in Mar. 2024 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 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. Acri Capital Acquisition's Operating Income for the three months ended in Mar. 2024 was $ -0.28 Mil. Acri Capital Acquisition's Interest Expense for the three months ended in Mar. 2024 was $ 0.00 Mil. Acri Capital 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.

Acri Capital Acquisition Interest Expense Historical Data

The historical data trend for Acri Capital 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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Acri Capital Acquisition Interest Expense Chart

Acri Capital Acquisition Annual Data

Trend

Dec22

Dec23

Interest Expense

Acri Capital Acquisition Quarterly Data
	Feb22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial				-	-	-	-	-

Acri Capital 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Acri Capital Acquisition (NAS:ACAC) 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.

Acri Capital Acquisition's Interest Expense for the three months ended in Mar. 2024 was $0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-0.28 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $0.00 Mil.

Acri Capital Acquisition's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Acri Capital Acquisition had no long-term debt ⁽¹⁾.

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

Acri Capital Acquisition (Acri Capital Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Acri Capital Acquisition Corp (NAS:ACAC) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

13284 Pond Springs Rd,, Suite 405, Austin, TX, USA, 78729

Website

Acri Capital Acquisition Corp is a newly organized blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

Executives

Cubist Systematic Strategies, Llc	10 percent owner	72 CUMMINGS POINT ROAD, STAMFORD CT 06902
Cohen Steven A/sac Capital Mgmt Lp	10 percent owner	C/O SAC CAPITAL ADVISORS LLC, 72 CUMMINGS POINT ROAD, STAMFORD CT 06902
Plc Barclays	10 percent owner	1 CHURCHILL PLACE, CANARY WHARF, LONDON X0 E14 5HP
Edmund R Miller	director	2000 S BAYSHORE DR, #40, COCONUT GROVE FL 33133
Joy Yi Hua	director, 10 percent owner, officer: CEO and Chairwoman	6406 WOODBOURNE LN, CROZET VA 22932
Acri Capital Sponsor Llc	10 percent owner	6406 WOODBOURNE LN, CROZET VA 22932
Hardin James Craig Jr.	director	136 GRACKLE LN, PAWLEY ISLANDS SC 29585
Andrew James Pierce	director	2961-A HUNTER MILL RD, #124, OAKTON VA 22124