Zapp Electric Vehicles Group (Zapp Electric Vehicles Group) Interest Expense : $0.00 Mil (TTM As of Dec. 2022)

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What is Zapp Electric Vehicles Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Zapp Electric Vehicles Group's interest expense for the three months ended in Dec. 2022 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2022 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. Zapp Electric Vehicles Group's Operating Income for the three months ended in Dec. 2022 was $ -3.69 Mil. Zapp Electric Vehicles Group's Interest Expense for the three months ended in Dec. 2022 was $ 0.00 Mil. GuruFocus does not calculate Zapp Electric Vehicles Group's interest coverage with the available data. 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.

Zapp Electric Vehicles Group Interest Expense Historical Data

The historical data trend for Zapp Electric Vehicles Group'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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Zapp Electric Vehicles Group Interest Expense Chart

Zapp Electric Vehicles Group Annual Data

Trend

Dec21

Dec22

Interest Expense

Zapp Electric Vehicles Group Quarterly Data
	Feb21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
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Zapp Electric Vehicles Group 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Zapp Electric Vehicles Group (NAS:CIIGU) 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.

Zapp Electric Vehicles Group's Interest Expense for the three months ended in Dec. 2022 was $0.00 Mil. Its Operating Income for the three months ended in Dec. 2022 was $-3.69 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2022 was $0.10 Mil.

Zapp Electric Vehicles Group's Interest Coverage for the quarter that ended in Dec. 2022 is calculated as

GuruFocus does not calculate Zapp Electric Vehicles Group's interest coverage with the available data.

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

Zapp Electric Vehicles Group (Zapp Electric Vehicles Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Zapp Electric Vehicles Group Ltd (NAS:CIIGU) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

5 Technology Park, Colindeep Lane, London, GBR, NW9 6BX

Website

https://www.zappev.com

Zapp Electric Vehicles Group Ltd is an electric motorcycle company run by a team of experts from the mobility industry. The i300 is the first in a suite of high-performance electric two-wheelers expected to come to market from Zapp. The company plans to offer a high-quality direct-to-customer experience known as DSDTC (drop-ship-direct-to-customer).