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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Inflection Point Acquisition II'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. Inflection Point Acquisition II's Operating Income for the three months ended in Mar. 2024 was $ -0.43 Mil. Inflection Point Acquisition II's Interest Expense for the three months ended in Mar. 2024 was $ 0.00 Mil. Inflection Point Acquisition II 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.
The historical data trend for Inflection Point Acquisition II'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.
Inflection Point Acquisition II Annual Data | |||
Trend | Dec23 | ||
Interest Expense | - |
Inflection Point Acquisition II Quarterly Data | |||||
Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Interest Expense | - | - | - | - | - |
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.
* 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.
Inflection Point Acquisition II (NAS:IPXX) 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.
Inflection Point Acquisition II'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 $-0.43 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $0.00 Mil.
Inflection Point Acquisition II's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as
Inflection Point Acquisition II 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.
Good Sign:
Inflection Point Acquisition Corp II has no debt.
Michael Blitzer | director, 10 percent owner, officer: Chief Executive Officer | 1270 BROADWAY, SUITE 1009, NEW YORK NY 10001 |
Paula Sutter | director | 969 BROADWAY, SUITE 200, OAKLAND CA 94607 |
Nicholas Shekerdemian | director | 201 EAST 21ST STREET, NEW YORK NY 10010 |
Elliot Richmond | director | GROVE LODGE, LONG GROVE, SEER GREEN X0 HP9 2QH |
Inflection Point Holdings Ii Llc | director, 10 percent owner, officer: See Remarks, other: See Remarks | 167 MADISON AVENUE, SUITE 205 #1017, NEW YORK NY 10016 |
Erica Dorfman | director | 167 MADISON AVENUE, SUITE 205 #1017, NEW YORK NY 10016 |
Samuel Sayegh | director | 167 MADISON AVENUE, SUITE 205 #1017, NEW YORK NY 10016 |
Peter Ondishin | officer: Chief Financial Officer | 167 MADISON AVENUE, SUITE 205 #1017, NEW YORK NY 10016 |
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