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Kadem Sustainable Impact (Kadem Sustainable Impact) Interest Coverage : No Debt (1) (As of Sep. 2022)


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What is Kadem Sustainable Impact 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. Kadem Sustainable Impact's Operating Income for the three months ended in Sep. 2022 was $-1.45 Mil. Kadem Sustainable Impact's Interest Expense for the three months ended in Sep. 2022 was $0.00 Mil. Kadem Sustainable Impact 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 Kadem Sustainable Impact's Interest Coverage or its related term are showing as below:

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


KSICU's Interest Coverage is not ranked
in the Diversified Financial Services industry.
Industry Median: No Debt vs KSICU: 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.


Kadem Sustainable Impact Interest Coverage Historical Data

The historical data trend for Kadem Sustainable Impact'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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Kadem Sustainable Impact Interest Coverage Chart

Kadem Sustainable Impact Annual Data
Trend Dec20 Dec21
Interest Coverage
No Debt No Debt

Kadem Sustainable Impact Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Interest Coverage Get a 7-Day Free Trial No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Kadem Sustainable Impact's Interest Coverage

For the Shell Companies subindustry, Kadem Sustainable Impact'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.


Kadem Sustainable Impact's Interest Coverage Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Kadem Sustainable Impact's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Kadem Sustainable Impact's Interest Coverage falls into.



Kadem Sustainable Impact 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.

Kadem Sustainable Impact's Interest Coverage for the fiscal year that ended in Dec. 2021 is calculated as

Here, for the fiscal year that ended in Dec. 2021, Kadem Sustainable Impact's Interest Expense was $0.00 Mil. Its Operating Income was $-1.57 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Kadem Sustainable Impact had no debt (1).

Kadem Sustainable Impact's Interest Coverage for the quarter that ended in Sep. 2022 is calculated as

Here, for the three months ended in Sep. 2022, Kadem Sustainable Impact's Interest Expense was $0.00 Mil. Its Operating Income was $-1.45 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Kadem Sustainable Impact 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.


Kadem Sustainable Impact  (NAS:KSICU) 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 .


Kadem Sustainable Impact Interest Coverage Related Terms

Thank you for viewing the detailed overview of Kadem Sustainable Impact's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Kadem Sustainable Impact (Kadem Sustainable Impact) Business Description

Traded in Other Exchanges
N/A
Address
30 Broad Street, 14th Floor, New York, NY, USA, 10004
Kadem Sustainable Impact Corp is a blank check company.
Executives
Del Giudice Michael J director C/O MILLENNIUM CREDIT MARKETS LLC, ONE ROCKEFELLER PLAZA SUITE 2330, NEW YORK NY 10020
Raymond E Mabus 10 percent owner C/O DANA INCORPORATED, 3939 TECHNOLOGY DRIVE, MAUMEE OH 43537
Virginia A Kamsky director C/O KAMSKY ASSOCIATES, INC., 563 PARK AVENUE, NEW YORK NY 10065
Charles Gassenheimer 10 percent owner 712 FIFTH AVE, 9TH FLOOR, NEW YORK NY 10019
Rajan Chudgar officer: President 5722 BELMONT VALLEY COURT, RALEIGH NC 27612
Pin Ni director C/O KADEM SUSTAINABLE IMPACT CORPORATION, 152 WEST 57TH ST, 52ND FLOOR, NEW YORK NY 10019
Saurin Shah director C/O KADEM SUSTAINABLE IMPACT CORPORATION, 152 WEST 57TH ST, 52ND FLOOR, NEW YORK NY 10019
Christine Mott director C/O KADEM SUSTAINABLE IMPACT CORPORATION, 152 WEST 57TH ST, 52ND FLOOR, NEW YORK NY 10019
Golchehreh Abtahian officer: Chief Financial Officer C/O KADEM SUSTAINABLE IMPACT CORPORATION, 152 WEST 57TH ST, 52ND FLOOR, NEW YORK NY 10019
Kadem Management, Llc 10 percent owner 152 WEST 57TH STREET, 52ND FLOOR, NEW YORK NY 10019