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Global Lights Acquisition (Global Lights Acquisition) Interest Expense : $0.00 Mil (TTM As of Mar. 2024)


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What is Global Lights Acquisition Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Global Lights 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. Global Lights Acquisition's Operating Income for the three months ended in Mar. 2024 was $ -0.30 Mil. Global Lights Acquisition's Interest Expense for the three months ended in Mar. 2024 was $ 0.00 Mil. Global Lights 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.

Global Lights Acquisition Interest Expense Historical Data

The historical data trend for Global Lights 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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Global Lights Acquisition Interest Expense Chart

Global Lights Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Interest Expense
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Global Lights Acquisition Quarterly Data
Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Expense Get a 7-Day Free Trial - - - - -

Global Lights 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.

* 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.

Global Lights Acquisition  (NAS:GLAC) 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.

Global Lights 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 $-0.30 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $0.00 Mil.

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

Global Lights 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.

Good Sign:

Global Lights Acquisition Corp has no debt.

Global Lights Acquisition (Global Lights Acquisition) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Global Lights Acquisition Corp (NAS:GLAC) » Definitions » Interest Expense
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No. 201, Tangli Road, Room 902, Unit 1, 8th Floor, Building 5, Chaoyang, Beijing, CHN, 100123
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Global Lights Acquisition Corp is a blank check company.