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BRAC (Broad Capital Acquisition) Interest Coverage : 0 (At Loss) (As of Mar. 2025)


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What is Broad Capital 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. Broad Capital Acquisition's Operating Income for the three months ended in Mar. 2025 was $-0.35 Mil. Broad Capital 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 Broad Capital Acquisition's Interest Coverage or its related term are showing as below:


BRAC'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.


Broad Capital Acquisition Interest Coverage Historical Data

The historical data trend for Broad Capital 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.

Broad Capital Acquisition Interest Coverage Chart

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

Broad Capital Acquisition Quarterly Data
May21 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 - - - - -

Competitive Comparison of Broad Capital Acquisition's Interest Coverage

For the Shell Companies subindustry, Broad Capital 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.


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

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

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


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Broad Capital 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.

Broad Capital 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, Broad Capital Acquisition's Interest Expense was $-0.26 Mil. Its Operating Income was $-1.75 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Broad Capital Acquisition did not have earnings to cover the interest expense.

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

Here, for the three months ended in Mar. 2025, Broad Capital Acquisition's Interest Expense was $-0.08 Mil. Its Operating Income was $-0.35 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Broad Capital 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.


Broad Capital Acquisition  (NAS:BRAC) 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 .


Broad Capital Acquisition Interest Coverage Related Terms

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Broad Capital Acquisition Business Description

Traded in Other Exchanges
N/A
Address
6208 Sandpebble Court, Dallas, TX, USA, 75254
Website
Broad Capital Acquisition Corp is a blank check company.
Executives
Shaolin Capital Management Llc 10 percent owner 230 NW 24TH STREET, SUITE 603, MIAMI FL 33127
Teck-yong Heng director NANSHAN DISTRICT #12 KEFA ROAD, DACHONG, CHENGSHIHUAYUAN BLOCK 5, UNIT #38D, GUANGDONG PROVINCE, SHENZHEN F4 518057
Johann Y Tse director, officer: Chief Executive Officer 5345 ANNABEL LANE, PLANO TX 75093
Rongrong Jiang director, officer: Chief Financial Officer 235 TENAFLY RD, TENAFLY NJ 07670
Trimmer Jeffrey Wayne Sr director 7601 JOHN MCCAIN ROAD, COLLEYVILLE TX 76034
Keith Ryan Adams director 235 TENAFLY RD, TENAFLY NJ 07670
Nicolas Shao director 6 CHAOYANG PARK SOUTH, PARK AVE. APTS., BLD. #3-11F, BEIJING F4 00000
Broad Capital Llc 10 percent owner 5345 ANNABEL LANE, PLANO TX 75093

Broad Capital Acquisition Headlines

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