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Industrial Human Capital (Industrial Human Capital) Interest Coverage : No Debt (1) (As of Jun. 2022)


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What is Industrial Human Capital 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. Industrial Human Capital's Operating Income for the three months ended in Jun. 2022 was $-1.22 Mil. Industrial Human Capital's Interest Expense for the three months ended in Jun. 2022 was $0.00 Mil. Industrial Human Capital 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 Industrial Human Capital's Interest Coverage or its related term are showing as below:


AXHI'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.


Industrial Human Capital Interest Coverage Historical Data

The historical data trend for Industrial Human Capital'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.

Industrial Human Capital Interest Coverage Chart

Industrial Human Capital Annual Data
Trend Dec21
Interest Coverage
No Debt

Industrial Human Capital Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Interest Coverage Get a 7-Day Free Trial No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Industrial Human Capital's Interest Coverage

For the Shell Companies subindustry, Industrial Human Capital'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.


Industrial Human Capital's Interest Coverage Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Industrial Human Capital's Interest Coverage falls into.



Industrial Human Capital 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.

Industrial Human Capital'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, Industrial Human Capital's Interest Expense was $0.00 Mil. Its Operating Income was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Industrial Human Capital had no debt (1).

Industrial Human Capital's Interest Coverage for the quarter that ended in Jun. 2022 is calculated as

Here, for the three months ended in Jun. 2022, Industrial Human Capital's Interest Expense was $0.00 Mil. Its Operating Income was $-1.22 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Industrial Human Capital 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.


Industrial Human Capital  (OTCPK:AXHI) 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 .


Industrial Human Capital Interest Coverage Related Terms

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


Industrial Human Capital (Industrial Human Capital) Business Description

Traded in Other Exchanges
N/A
Address
501 Brickell Key Drive, Suite 300, Miami, FL, USA, 33131
Industrial Human Capital Inc is a blank check company.
Executives
Gabriel Rodriguez officer: Treasurer and CFO C/O INDUSTRIAL HUMAN CAPITAL, INC., 501 BRICKELL KEY DRIVE, SUITE 300, MIAMI FL 33131
Tchaikovsky Bennet Price Jr director 11601 WILSHIRE BOULEVARD, SUITE 2150, LOS ANGELES CA 90025
John Quelch director C/O INVERNESS MEDICAL INNOVATIONS INC, 51 SAWYER RD, WALTHAM MA 02453
Robert S. Gans officer: General Counsel C/O SHIFTPIXY, INC., 1 VENTURE, SUITE 150, IRVINE CA 92618
Scott W Absher 10 percent owner, officer: Chief Executive Officer 4101 NW 25TH STREET, MIAMI FL 33142
Domonic J. Carney officer: Chief Financial Officer 9400 TOLEDO WAY, IRVINE CA 92618
A.g.p. / Alliance Global Partners Corp. other: Underwriter 88 POST ROAD WEST, 2ND FLOOR, WESTPORT CT 06880
Shiftpixy Investments, Inc. 10 percent owner 501 BRICKELL KEY DRIVE, SUITE 300, MIAMI FL 33131
Heath Hawker director 501 BRICKELL KEY DRIVE, SUITE 300, MIAMI FL 33131

Industrial Human Capital (Industrial Human Capital) Headlines

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