FlatWorld Acquisition (FlatWorld Acquisition) Interest Expense : $0.00 Mil (TTM As of Mar. 2019)

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What is FlatWorld Acquisition Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. FlatWorld Acquisition's interest expense for the three months ended in Mar. 2019 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2019 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. FlatWorld Acquisition's Operating Income for the three months ended in Mar. 2019 was $ -0.02 Mil. FlatWorld Acquisition's Interest Expense for the three months ended in Mar. 2019 was $ 0.00 Mil. FlatWorld 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.

FlatWorld Acquisition Interest Expense Historical Data

The historical data trend for FlatWorld 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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FlatWorld Acquisition Interest Expense Chart

FlatWorld Acquisition Annual Data

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Interest Expense

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FlatWorld Acquisition Quarterly Data
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FlatWorld 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. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

FlatWorld Acquisition (GREY:FWLAF) 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.

FlatWorld Acquisition's Interest Expense for the three months ended in Mar. 2019 was $0.00 Mil. Its Operating Income for the three months ended in Mar. 2019 was $-0.02 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2019 was $0.00 Mil.

FlatWorld Acquisition's Interest Coverage for the quarter that ended in Mar. 2019 is calculated as

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

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

FlatWorld Acquisition (FlatWorld Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » FlatWorld Acquisition Corp (GREY:FWLAF) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

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Address

Palm Grove House, Tortola, Road Town, VIR, VG1110

Website

http://www.flatworldcapital.com

FlatWorld Acquisition Corp is a shell company.

FlatWorld Acquisition (FlatWorld Acquisition) Headlines

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