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Focus Impact BH3 Acquisition Co (Focus Impact BH3 Acquisition Co) Interest Coverage : No Debt (1) (As of Dec. 2023)


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What is Focus Impact BH3 Acquisition Co Interest Coverage?

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 by its Interest Expense. Focus Impact BH3 Acquisition Co's Operating Income for the three months ended in Dec. 2023 was $-0.90 Mil. Focus Impact BH3 Acquisition Co's Interest Expense for the three months ended in Dec. 2023 was $0.00 Mil. Focus Impact BH3 Acquisition Co has no debt. The higher the ratio, the stronger the company's financial strength is.

(1) Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No 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.

The historical rank and industry rank for Focus Impact BH3 Acquisition Co's Interest Coverage or its related term are showing as below:

BHACU' s Interest Coverage Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt


BHACU's Interest Coverage is ranked better than
99.76% of 414 companies
in the Diversified Financial Services industry
Industry Median: No Debt vs BHACU: No Debt

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Focus Impact BH3 Acquisition Co Interest Coverage Historical Data

The historical data trend for Focus Impact BH3 Acquisition Co's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No 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.

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Focus Impact BH3 Acquisition Co Interest Coverage Chart

Focus Impact BH3 Acquisition Co Annual Data
Trend Dec21 Dec22 Dec23
Interest Coverage
No Debt No Debt No Debt

Focus Impact BH3 Acquisition Co Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Focus Impact BH3 Acquisition Co's Interest Coverage

For the Shell Companies subindustry, Focus Impact BH3 Acquisition Co's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Focus Impact BH3 Acquisition Co's Interest Coverage Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Focus Impact BH3 Acquisition Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Focus Impact BH3 Acquisition Co's Interest Coverage falls into.



Focus Impact BH3 Acquisition Co Interest Coverage Calculation

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:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Focus Impact BH3 Acquisition Co's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Focus Impact BH3 Acquisition Co's Interest Expense was $0.00 Mil. Its Operating Income was $-1.69 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Focus Impact BH3 Acquisition Co had no debt (1).

Focus Impact BH3 Acquisition Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Focus Impact BH3 Acquisition Co's Interest Expense was $0.00 Mil. Its Operating Income was $-0.90 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Focus Impact BH3 Acquisition Co had no 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.


Focus Impact BH3 Acquisition Co  (NAS:BHACU) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Focus Impact BH3 Acquisition Co Interest Coverage Related Terms

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Focus Impact BH3 Acquisition Co (Focus Impact BH3 Acquisition Co) Business Description

Traded in Other Exchanges
Address
1345 Avenue of the Americas, 33rd Floor, New York, NY, USA, 10105
Focus Impact BH3 Acquisition Co is a blank check company.

Focus Impact BH3 Acquisition Co (Focus Impact BH3 Acquisition Co) Headlines