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Bluescape Opportunities Acquisition (Bluescape Opportunities Acquisition) Interest Coverage : No Debt (1) (As of Jun. 2023)


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What is Bluescape Opportunities 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. Bluescape Opportunities Acquisition's Operating Income for the three months ended in Jun. 2023 was $-0.22 Mil. Bluescape Opportunities Acquisition's Interest Expense for the three months ended in Jun. 2023 was $0.00 Mil. Bluescape Opportunities Acquisition has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Bluescape Opportunities Acquisition Corp has no debt.

(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 Bluescape Opportunities Acquisition's Interest Coverage or its related term are showing as below:

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


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


Bluescape Opportunities Acquisition Interest Coverage Historical Data

The historical data trend for Bluescape Opportunities 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.

Bluescape Opportunities Acquisition Interest Coverage Chart

Bluescape Opportunities Acquisition Annual Data
Trend Dec20 Dec21 Dec22
Interest Coverage
No Debt No Debt No Debt

Bluescape Opportunities Acquisition Quarterly Data
Jul20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Bluescape Opportunities Acquisition's Interest Coverage

For the Shell Companies subindustry, Bluescape Opportunities 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.


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

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

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



Bluescape Opportunities 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.

Bluescape Opportunities Acquisition's Interest Coverage for the fiscal year that ended in Dec. 2022 is calculated as

Here, for the fiscal year that ended in Dec. 2022, Bluescape Opportunities Acquisition's Interest Expense was $0.00 Mil. Its Operating Income was $-1.05 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Bluescape Opportunities Acquisition had no debt (1).

Bluescape Opportunities Acquisition's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Here, for the three months ended in Jun. 2023, Bluescape Opportunities Acquisition's Interest Expense was $0.00 Mil. Its Operating Income was $-0.22 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Bluescape Opportunities Acquisition 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.


Bluescape Opportunities Acquisition  (NYSE:BOAC) 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 .


Bluescape Opportunities Acquisition Interest Coverage Related Terms

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


Bluescape Opportunities Acquisition (Bluescape Opportunities Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
300 Crescent Court, Suite 1860, Dallas, TX, USA, 75201
Bluescape Opportunities Acquisition Corp is a special purpose acquisition company focused on essential assets and is formed to enter into a merger, amalgamation, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses.
Executives
Brahman Capital Corp. 10 percent owner 655 THIRD AVENUE, 11TH FLOOR, NEW YORK NY 10017
Nomura Holdings Inc 10 percent owner 1-13-1 NIHONBASHI, CHUO-KU, TOKYO M0 103-8645
Nomura Global Financial Products Inc 10 percent owner WORLDWIDE PLAZA, 309 WEST 49TH STREET, NEW YORK NY 10019
Mitchell Andrew Kuflik 10 percent owner 655 THIRD AVENUE, 11TH FLOOR, NEW YORK NY 10017
Robert Joseph Sobel 10 percent owner 655 THIRD AVENUE, 11TH FLOOR, NEW YORK NY 10017
Brahman Management, L.l.c. 10 percent owner 655 THIRD AVENUE, 11TH FLOOR, NEW YORK NY 10017
Hebert Curtis L Jr director
C John Wilder director, 10 percent owner, officer: Chairman & CEO ENTERGY CORP, 639 LOYOLA AVENUE, NEW ORLEANS LA 70113
Duncan Palmer director ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Jonathan A Siegler director, officer: Pres & Chief Operating Officer 1601 BRYAN STREET, DALLAS TX 75201
Hoff Graham Vant director C/O BLUESCAPE ENERGY PARTNERS, LLC, 200 CRESCENT COURT, SUITE 1900, DALLAS TX 75201
Bluescape Sponsor Llc 10 percent owner 200 CRESCENT COURT, SUITE 1900, DALLAS TX 75201
Lillian Meyer officer: Chief Financial Officer C/O BLUESCAPE ENERGY PARTNERS, LLC, 200 CRESCENT COURT, SUITE 1900, DALLAS TX 75201

Bluescape Opportunities Acquisition (Bluescape Opportunities Acquisition) Headlines