Acacia Research (Acacia Research) Interest Coverage : N/A (As of Dec. 2023)

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What is Acacia Research 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. Acacia Research's Operating Income for the three months ended in Dec. 2023 was $58.2 Mil. Acacia Research's Interest Expense for the three months ended in Dec. 2023 was $0.0 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Acacia Research's Interest Coverage or its related term are showing as below:

ACTG' s Interest Coverage Range Over the Past 10 Years
Min: 1.84 Med: No Debt Max: No Debt
Current: 10.85

ACTG's Interest Coverage is ranked worse than
54.28% of 2301 companies
in the Industrial Products industry
Industry Median: 13.79 vs ACTG: 10.85

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

Acacia Research Interest Coverage Historical Data

The historical data trend for Acacia Research'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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Acacia Research Interest Coverage Chart

Acacia Research Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

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N/A

1.84

10.85

Acacia Research Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Coverage	Get a 7-Day Free Trial															-	-	-	-	N/A

Competitive Comparison of Acacia Research's Interest Coverage

For the Business Equipment & Supplies subindustry, Acacia Research'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.

Acacia Research's Interest Coverage Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Acacia Research's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Acacia Research's Interest Coverage falls into.

Acacia Research 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.

Acacia Research'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, Acacia Research's Interest Expense was $-1.9 Mil. Its Operating Income was $20.9 Mil. And its Long-Term Debt & Capital Lease Obligation was $12.3 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2023 )	/	Interest Expense (A: Dec. 2023 )
	=	-1	*	20.936	/	-1.93
	=	10.85

Acacia Research's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Acacia Research's Interest Expense was $0.0 Mil. Its Operating Income was $58.2 Mil. And its Long-Term Debt & Capital Lease Obligation was $12.3 Mil.

GuruFocus does not calculate Acacia Research's interest coverage with the available data.

The higher the ratio, the stronger the company's Financial Strength is.

Acacia Research (NAS:ACTG) 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 .

Acacia Research Interest Coverage Related Terms

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

Acacia Research (Acacia Research) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Acacia Research Corp (NAS:ACTG) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

AZG2:Germany

Address

767 Third Avenue, 6th Floor, New York, NY, USA, 10017

Website

https://www.acaciaresearch.com

Acacia Research Corp is engaged in the acquisition, development, and patents technologies through its subsidiaries. It assists patent owners with the prosecution and development of their patent portfolios; protection of their patented inventions from unauthorized use; generation of licensing revenue from users of their patented technologies; and enforcement against unauthorized users of their patented technologies. It has two segments Intellectual Property Operations and Industrial Operations.

Executives

Jason W. Soncini	officer: General Counsel	767 THIRD AVENUE, SUITE 602, NEW YORK NY 10017
Mcnulty Martin D. Jr.	officer: COO & Head of M&A	C/O STARBOARD VALUE ACQUISITION CORP., 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Geoffrey G Ribar	director
Kirsten Hoover	officer: Controller	4 PARK PLAZA, SUITE 550, IRVINE CA 92614
Robert Rasamny	officer: Chief Administrative Officer	767 THIRD AVENUE, 6TH FLOOR, NEW YORK NY 10017
Starboard Value & Opportunity Master Fund Ltd	other: See Footnote 2	777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Peter A Feld	10 percent owner, other: See Footnote 2	201 E LAS OLAS BOULEVARD, SUITE 1000, FORT LAUDERDALE FL 33301
Starboard Value Lp	10 percent owner, other: See Footnote 2	777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Value Gp Llc	10 percent owner, other: See Footnote 2	777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Principal Co Lp	10 percent owner, other: See Footnote 2	777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Principal Co Gp Llc	10 percent owner, other: See Footnote 2	777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Value & Opportunity S Llc	other: See Footnote 2	777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Value & Opportunity C Lp	other: See Footnote 2	777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Value R Lp	other: See Footnote 2	777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Value R Gp Llc	other: See Footnote 2	777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017