Integrated Rail and Resources Acquisition (Integrated Rail and Resources Acquisition) Interest Expense : $0.00 Mil (TTM As of Dec. 2023)

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What is Integrated Rail and Resources Acquisition Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Integrated Rail and Resources Acquisition's interest expense for the three months ended in Dec. 2023 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 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. Integrated Rail and Resources Acquisition's Operating Income for the three months ended in Dec. 2023 was $ -0.35 Mil. Integrated Rail and Resources Acquisition's Interest Expense for the three months ended in Dec. 2023 was $ 0.00 Mil. Integrated Rail and Resources 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.

Integrated Rail and Resources Acquisition Interest Expense Historical Data

The historical data trend for Integrated Rail and Resources 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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Integrated Rail and Resources Acquisition Interest Expense Chart

Integrated Rail and Resources Acquisition Annual Data

Trend

Dec21

Dec22

Dec23

Interest Expense

Integrated Rail and Resources Acquisition Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial							-	-	-	-	-

Integrated Rail and Resources 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Integrated Rail and Resources Acquisition (OTCPK:IRRX) 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.

Integrated Rail and Resources Acquisition's Interest Expense for the three months ended in Dec. 2023 was $0.00 Mil. Its Operating Income for the three months ended in Dec. 2023 was $-0.35 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $0.00 Mil.

Integrated Rail and Resources Acquisition's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Integrated Rail and Resources Acquisition had no long-term debt ⁽¹⁾.

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

Integrated Rail and Resources Acquisition (Integrated Rail and Resources Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Integrated Rail and Resources Acquisition Corp (OTCPK:IRRX) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

400 W. Morse Boulevard, Suite 220, Winter Park, FL, USA, 32789

Website

https://www.irr-x.com/

Integrated Rail and Resources Acquisition Corp is a blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses.

Executives

Saba Capital Management, L.p.	10 percent owner	405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein	10 percent owner	405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Jason C. Reeves	director	400 W. MORSE BOULEVARD, SUITE 220, WINTER PARK FL 32789
Ronald Curt Copley	director	400 W. MORSE BOULEVARD, SUITE 220, WINTER PARK FL 32789
Troy O Welch	director	6100 SOUTHWEST BOULEVARD, SUITE 320, FORT WORTH TX 76109
Didier Henry N Jr	officer: See Remarks	6100 SOUTHWEST BOULEVARD, SUITE 320, FORT WORTH TX 76109
Robert L Bach	officer: General Counsel	101 COURAGEOUS DRIVE, LEAGUE CITY TX 77573
Nathan Asplund	director	6100 SOUTHWEST BOULEVARD, SUITE 320, FORT WORTH TX 76109
Chris A Bertel	officer: Chief Financial Officer	6100 SOUTHWEST BOULEVARD, SUITE 320, FORT WORTH TX 76109
Richard D Bertel	director, officer: Chief Executive Officer	6100 SOUTHWEST BOULEVARD, SUITE 320, FORT WORTH TX 76109
Michael Haeg	officer: See Remarks	6100 SOUTHWEST BOULEVARD, SUITE 320, FORT WORTH TX 76109
Mark W Hemphill	officer: See Remarks	6100 SOUTHWEST BOULEVARD, SUITE 320, FORT WORTH TX 76109
Timothy J Fisher	director, officer: Chief Acquisition Officer	6100 SOUTHWEST BOULEVARD, SUITE 320, FORT WORTH TX 76109
Rollin D Bredenberg	director	6100 SOUTHWEST BOULEVARD, SUITE 320, FORT WORTH TX 76109
Mark A Michel	director, officer: Chief Operating Officer	6100 SOUTHWEST BOULEVARD, SUITE 320, FORT WORTH TX 76109