What is Spectaire Holdings Interest Expense?
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Spectaire Holdings's interest expense for the
three
months ended in Mar. 2024 was $ -2.38 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-9.00 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. Spectaire Holdings's Operating Income for the
three
months ended in Mar. 2024 was $ -2.01 Mil. Spectaire Holdings's Interest Expense for the
three
months ended in Mar. 2024 was $ -2.38 Mil.
Spectaire Holdings 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.
Spectaire Holdings Interest Expense Historical Data
The historical data trend for Spectaire Holdings'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.
Spectaire Holdings Interest Expense Chart
|
Spectaire Holdings Annual Data
|
|
Trend |
Dec21 |
Dec22 |
Dec23 |
| Interest Expense |
|
- |
- |
-6.32 |
|
Spectaire Holdings Quarterly Data
|
|
Dec21 |
Sep22 |
Dec22 |
Mar23 |
Sep23 |
Dec23 |
Mar24 |
| Interest Expense |
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|
- |
-0.04 |
- |
-6.62 |
-2.38 |
Spectaire Holdings 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 $-9.00 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.
Spectaire Holdings (NAS:SPEC) 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.
Spectaire Holdings's Interest Expense for the
three
months ended in Mar. 2024 was $-2.38 Mil. Its
Operating Income
for the
three
months ended in Mar. 2024 was $-2.01 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Mar. 2024 was $0.12 Mil.
Spectaire Holdings's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as
| Spectaire Holdings 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.
Spectaire Holdings (Spectaire Holdings) Business Description
Traded in Other Exchanges
N/A
Address
155 Arlington Street, Watertown, MA, USA, 02472
Spectaire Holdings Inc is an industrial technology company that allows its customers to measure, manage, and reduce carbon dioxide equivalent and other greenhouse gas emissions. Spectaire's core product offering, AireCore is a fully integrated hardware, software, and data platform.
Executives
| Brian Semkiw |
director, officer: Chairman & CEO |
C/O SPECTAIRE INC., 155 ARLINGTON STREET, WATERTOWN MA 02472 |
| Joerg Mosolf |
director |
C/O SPECTAIRE INC., 155 ARLINGTON STREET, WATERTOWN MA 02472 |
| Perception Capital Partners Llc |
10 percent owner |
251 LITTLE FALLS DRIVE, WILMINGTON DE 19808 |
| Rui Mendes |
officer: Chief Information Officer |
C/O SPECTAIRE INC., 155 ARLINGTON STREET, WATERTOWN MA 02472 |
| Gianfranco Baldesarra |
director |
C/O SPECTAIRE INC., 155 ARLINGTON STREET, WATERTOWN MA 02472 |
| Christopher Grossman |
officer: Chief Commercial Officer |
C/O SPECTAIRE INC., 155 ARLINGTON STREET, WATERTOWN MA 02472 |
| Leonardo Fernandes |
officer: Chief Financial Officer |
C/O SPECTAIRE INC., 155 ARLINGTON STREET, WATERTOWN MA 02472 |
| Brian Hemond |
director, officer: Chief Technology Officer |
C/O SPECTAIRE INC., 155 ARLINGTON STREET, WATERTOWN MA 02472 |
| Northern Pacific Group, L.p. |
10 percent owner |
251 LITTLE FALLS DRIVE, WILMINGTON DE 19808 |
| Owl Creek Asset Management, L.p. |
10 percent owner |
640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019 |
| Jeffrey A Altman |
10 percent owner |
640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019 |
| Polar Asset Management Partners Inc. |
10 percent owner |
16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6 |
| Tao Tan |
director |
7809 WOODMONT AVENUE, SUITE 200, BETHESDA MD 20814 |
| Karrie Willis |
director |
C/O PERCEPTION CAPITAL CORP. II, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104 |
| Aqr Arbitrage Llc |
10 percent owner |
ONE GREENWICH PLAZA, GREENWICH CT 06830 |
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