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AEAE (AltEnergy Acquisition) Interest Coverage : 0 (At Loss) (As of Mar. 2025)


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What is AltEnergy Acquisition 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. AltEnergy Acquisition's Operating Income for the three months ended in Mar. 2025 was $-0.41 Mil. AltEnergy Acquisition's Interest Expense for the three months ended in Mar. 2025 was $-0.08 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

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


AEAE'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.


AltEnergy Acquisition Interest Coverage Historical Data

The historical data trend for AltEnergy Acquisition'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.

AltEnergy Acquisition Interest Coverage Chart

AltEnergy Acquisition Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Interest Coverage
No Debt No Debt - -

AltEnergy Acquisition Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of AltEnergy Acquisition's Interest Coverage

For the Shell Companies subindustry, AltEnergy Acquisition'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.


AltEnergy Acquisition's Interest Coverage Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where AltEnergy Acquisition's Interest Coverage falls into.


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AltEnergy Acquisition 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.

AltEnergy Acquisition's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, AltEnergy Acquisition's Interest Expense was $-0.10 Mil. Its Operating Income was $-2.27 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

AltEnergy Acquisition did not have earnings to cover the interest expense.

AltEnergy Acquisition's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, AltEnergy Acquisition's Interest Expense was $-0.08 Mil. Its Operating Income was $-0.41 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

AltEnergy Acquisition 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.


AltEnergy Acquisition  (OTCPK:AEAE) 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 .


AltEnergy Acquisition Interest Coverage Related Terms

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


AltEnergy Acquisition Business Description

Traded in Other Exchanges
N/A
Address
600 Lexington Avenue, 9th Floor, New York, NY, USA, 10022
AltEnergy Acquisition Corp is a blank check company.
Executives
Kimberly J. Heimert director ALTENERGY ACQUISITION CORP, 600 LEXINGTON AVE, 9TH FLOOR, NEW YORK NY 10022
Michael C Salvator director 130 MAIN STREET, NEW CANAAN CT 06840
Daniel Shribman director 299 PARK AVENUE, NEW YORK NY 10171
Audrey Ann Zibelman director 6/128 TOORAK ROAD WEST, SOUTH YARRA C4 3141
Russell Monoki Stidolph officer: Chief Executive Officer 137 ROWAYTON AVENUE, ROWAYTON CT 06853
Altenergy Acquisition Sponsor Llc 10 percent owner 137 ROWAYTON AVENUE, SUITE 400, ROWAYTON CT 06853
Arul Gupta officer: Chief Operating Officer VO-068, LEVEL 13A, WISMA MONT KIARA, 1 JALAN KIARA, KUALA LUMPUR N8 50480
William Roger Campell director 2 BIRCHWOOD LANE, WESTPORT CT 06880
Jonathan Darnell officer: Chief Financial Officer 1250 AVENUE OF THE AMERICAS, SECOND FLOOR, NEW YORK NY 10019