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Ace Global Business Acquisition (Ace Global Business Acquisition) Interest Expense : $0.00 Mil (TTM As of Dec. 2023)


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What is Ace Global Business Acquisition Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ace Global Business 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. Ace Global Business Acquisition's Operating Income for the three months ended in Dec. 2023 was $ -0.33 Mil. Ace Global Business Acquisition's Interest Expense for the three months ended in Dec. 2023 was $ 0.00 Mil. Ace Global Business 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.


Ace Global Business Acquisition Interest Expense Historical Data

The historical data trend for Ace Global Business 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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Ace Global Business Acquisition Interest Expense Chart

Ace Global Business Acquisition Annual Data
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Ace Global Business Acquisition Quarterly Data
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Ace Global Business 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.

* 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.


Ace Global Business Acquisition  (NAS:ACBAU) 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.

Ace Global Business 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 $-0.33 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $0.00 Mil.

Ace Global Business Acquisition's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Ace Global Business Acquisition 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.


Ace Global Business Acquisition (Ace Global Business Acquisition) Business Description

Traded in Other Exchanges
Address
Tower 2, Lippo Centre, No. 89, Rm. 806, 8/F, Queensway, Admiralty, Hong Kong, HKG
Website
Ace Global Business Acquisition Ltd is a newly organized blank check company.
Executives
Polar Asset Management Partners Inc. 10 percent owner 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Yan Yannie Xu director 6/F UNIT B, CENTRAL 88, 88-98 DES VOEUX ROAD CENTRAL, HONG KONG K3 00000
Tan Nicholas Xue-wei officer: Chief Financial Officer 6/F UNIT B, CENTRAL 88, 88-98 DES VOEUX ROAD CENTRAL, HONG KONG K3 00000
Leslie Chow director 6/F UNIT B, CENTRAL 88, 88-98 DES VOEUX ROAD CENTRAL, HONG KONG K3 00000
Ace Global Investment Ltd 10 percent owner 6/F UNIT B, CENTRAL 88, 88-98 DES VOEUX ROAD CENTRAL, HONG KONG K3 00000
Robert Yeung Morris director 6/F UNIT B, CENTRAL 88, 88-98 DES VOEUX ROAD CENTRAL, HONG KONG K3 00000
Eugene Tu Wong director, officer: Chief Executive Officer 6/F UNIT B, CENTRAL 88, 88-98 DES VOEUX ROAD CENTRAL, HONG KONG K3 00000

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