Investindustrial Acquisition (Investindustrial Acquisition) Interest Expense : $0.00 Mil (TTM As of Sep. 2021)

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What is Investindustrial Acquisition Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Investindustrial Acquisition's interest expense for the six months ended in Sep. 2021 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 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. Investindustrial Acquisition's Operating Income for the six months ended in Sep. 2021 was $ -0.52 Mil. Investindustrial Acquisition's Interest Expense for the six months ended in Sep. 2021 was $ 0.00 Mil. Investindustrial 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.

Investindustrial Acquisition Interest Expense Historical Data

The historical data trend for Investindustrial 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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Investindustrial Acquisition Interest Expense Chart

Investindustrial Acquisition Annual Data

Trend

Dec20

Interest Expense

Investindustrial Acquisition Semi-Annual Data
	Sep20	Dec20	Mar21	Jun21	Sep21
Interest Expense	-	-	-	-	-

Investindustrial Acquisition Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Sep. 2021 was $0.00 Mil.

Investindustrial Acquisition (NYSE:IIAC.WS) 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.

Investindustrial Acquisition's Interest Expense for the six months ended in Sep. 2021 was $0.00 Mil. Its Operating Income for the six months ended in Sep. 2021 was $-0.52 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2021 was $0.00 Mil.

Investindustrial Acquisition's Interest Coverage for the quarter that ended in Sep. 2021 is calculated as

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

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