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Hudson Executive Investment II (Hudson Executive Investment II) Interest Coverage : No Debt (1) (As of Sep. 2022)


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What is Hudson Executive Investment II 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. Hudson Executive Investment II's Operating Income for the three months ended in Sep. 2022 was $-0.21 Mil. Hudson Executive Investment II's Interest Expense for the three months ended in Sep. 2022 was $0.00 Mil. Hudson Executive Investment II 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 Hudson Executive Investment II's Interest Coverage or its related term are showing as below:


HCII's Interest Coverage is not ranked *
in the Diversified Financial Services industry.
Industry Median: No Debt
* Ranked among companies with meaningful Interest Coverage only.

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


Hudson Executive Investment II Interest Coverage Historical Data

The historical data trend for Hudson Executive Investment II'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.

* Premium members only.

Hudson Executive Investment II Interest Coverage Chart

Hudson Executive Investment II Annual Data
Trend Dec20 Dec21
Interest Coverage
No Debt No Debt

Hudson Executive Investment II Quarterly Data
Dec20 Mar21 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 Hudson Executive Investment II's Interest Coverage

For the Shell Companies subindustry, Hudson Executive Investment II'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.


Hudson Executive Investment II's Interest Coverage Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Hudson Executive Investment II's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Hudson Executive Investment II's Interest Coverage falls into.



Hudson Executive Investment II 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.

Hudson Executive Investment II'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, Hudson Executive Investment II's Interest Expense was $0.00 Mil. Its Operating Income was $-1.97 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Hudson Executive Investment II had no debt (1).

Hudson Executive Investment II's Interest Coverage for the quarter that ended in Sep. 2022 is calculated as

Here, for the three months ended in Sep. 2022, Hudson Executive Investment II's Interest Expense was $0.00 Mil. Its Operating Income was $-0.21 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Hudson Executive Investment II 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.


Hudson Executive Investment II  (NAS:HCII) 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 .


Hudson Executive Investment II Interest Coverage Related Terms

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Hudson Executive Investment II (Hudson Executive Investment II) Business Description

Traded in Other Exchanges
N/A
Address
570 Lexington Avenue, 35th Floor, New York, NY, USA, 10022
Hudson Executive Investment Corp II is a blank check company.
Executives
Doug Renert director 2145 SHARON ROAD, MENLO PARK CA 94025
Ira Mosberg officer: Chief Financial Officer C/O HUDSON EXECUTIVE INVESTMENT CORP. II, 570 LEXINGTON AVENUE, 35TH FLOOR, NEW YORK NY 10022
Paul A Ormond director MANOR CARE INC, 333 N SUMMIT STREET, TOLEDO OH 43604
Amy W Schulman director PFIZER INC. ATTN: CORPORATE SECRETARY, 235 EAST 42ND STREET, NEW YORK NY 10017
Douglas L Braunstein director, other: President, Chairman HUDSON EXECUTIVE CAPITAL LP, 570 LEXINGTON AVENUE, 35TH FLOOR, NEW YORK NY 10022
Douglas Bergeron director, officer: Chief Executive Officer 111 W. OCEAN BOULEVARD, LONG BEACH CA 90802
Jonathan Dobres officer: Chief Financial Officer 570 LEXINGTON AVENUE, 35TH FLOOR, NEW YORK NY 10022
Hec Sponsor Ii Llc 10 percent owner C/O HUDSON EXECUTIVE INVESTMENT CORP. II, 570 LEXINGTON AVENUE, 35TH FLOOR, NEW YORK NY 10022