AI Transportation Acquisition (AI Transportation Acquisition) Interest Expense : $0.00 Mil (TTM As of Mar. 2024)

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What is AI Transportation Acquisition Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. AI Transportation Acquisition'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. AI Transportation Acquisition's Operating Income for the three months ended in Mar. 2024 was $ -0.31 Mil. AI Transportation Acquisition's Interest Expense for the three months ended in Mar. 2024 was $ 0.00 Mil. AI Transportation 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.

AI Transportation Acquisition Interest Expense Historical Data

The historical data trend for AI Transportation 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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AI Transportation Acquisition Interest Expense Chart

AI Transportation Acquisition Annual Data

Trend

Dec22

Dec23

Interest Expense

AI Transportation Acquisition Quarterly Data
	Sep22	Feb23	Jun23	Sep23	Dec23	Mar24
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AI Transportation 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

AI Transportation Acquisition (NAS:AITR) 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.

AI Transportation Acquisition'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 $-0.31 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $0.00 Mil.

AI Transportation Acquisition's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

AI Transportation Acquisition had no long-term debt ⁽¹⁾.

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

AI Transportation Acquisition (AI Transportation Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » AI Transportation Acquisition Corp (NAS:AITR) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 East 53rd Street, Suite 3001, New York, NY, USA, 10022

Website

AI Transportation Acquisition Corp is a blank check company.

AI Transportation Acquisition (AI Transportation Acquisition) Headlines

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