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VAM Investments SPAC BV (XAMS:VAM) Interest Expense : €-10.43 Mil (TTM As of Jun. 2023)


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What is VAM Investments SPAC BV Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. VAM Investments SPAC BV's interest expense for the six months ended in Jun. 2023 was € -7.74 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was €-10.43 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. VAM Investments SPAC BV's Operating Income for the six months ended in Jun. 2023 was € -1.20 Mil. VAM Investments SPAC BV's Interest Expense for the six months ended in Jun. 2023 was € -7.74 Mil. VAM Investments SPAC BV did not have earnings to cover the interest expense. 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.

VAM Investments SPAC BV Interest Expense Historical Data

The historical data trend for VAM Investments SPAC BV'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.

* Premium members only.

VAM Investments SPAC BV Interest Expense Chart

VAM Investments SPAC BV Annual Data
Trend Dec21 Dec22
Interest Expense
-4.03 -7.24

VAM Investments SPAC BV Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23
Interest Expense - -4.03 -4.55 -2.69 -7.74

VAM Investments SPAC BV 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-10.43 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.

VAM Investments SPAC BV  (XAMS:VAM) 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.

VAM Investments SPAC BV's Interest Expense for the six months ended in Jun. 2023 was €-7.74 Mil. Its Operating Income for the six months ended in Jun. 2023 was €-1.20 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was €0.00 Mil.

VAM Investments SPAC BV's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

VAM Investments SPAC BV did not have earnings to cover the interest expense.

* 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.

VAM Investments SPAC BV (XAMS:VAM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » VAM Investments SPAC BV (XAMS:VAM) » Definitions » Interest Expense
Comparable Companies
XAMS:EHCS XAMS:NAI XAMS:CTCA1 XAMS:LVIDE PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA LSE:ADMR HCVI TRTL CCVI SLAM NETD
Traded in Other Exchanges
N/A
Address
Via Manzoni 3, Milano, ITA, 20121
Website
https://www.vaminvestments-spac.com
VAM Investments SPAC BV is a blank check company based in Milan, Italy. The Company's purpose is to ensure Supermoney gains access to the public capital markets and benefits from financial resources to further strengthen its market-leading position in the Italian utilities and telecommunications sector, to extend its value proposition through new streams of value-added products, and to potentially enter adjacent verticals through organic growth and/or strategic acquisitions.