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Crucible Acquisition (Crucible Acquisition) Interest Coverage : N/A (As of Sep. 2022)


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What is Crucible 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. Crucible Acquisition's Operating Income for the three months ended in Sep. 2022 was $-0.26 Mil. Crucible Acquisition's Interest Expense for the three months ended in Sep. 2022 was $0.00 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 Crucible Acquisition's Interest Coverage or its related term are showing as below:


CRU'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.


Crucible Acquisition Interest Coverage Historical Data

The historical data trend for Crucible 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.

Crucible Acquisition Interest Coverage Chart

Crucible Acquisition Annual Data
Trend Dec20 Dec21
Interest Coverage
No Debt -

Crucible Acquisition Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Interest Coverage Get a 7-Day Free Trial Premium Member Only N/A N/A N/A N/A N/A

Competitive Comparison of Crucible Acquisition's Interest Coverage

For the Shell Companies subindustry, Crucible 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.


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

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

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



Crucible 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.

Crucible Acquisition'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, Crucible Acquisition's Interest Expense was $-0.84 Mil. Its Operating Income was $-3.91 Mil. And its Long-Term Debt & Capital Lease Obligation was $1.95 Mil.

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

Crucible Acquisition's Interest Coverage for the quarter that ended in Sep. 2022 is calculated as

Here, for the three months ended in Sep. 2022, Crucible Acquisition's Interest Expense was $0.00 Mil. Its Operating Income was $-0.26 Mil. And its Long-Term Debt & Capital Lease Obligation was $3.17 Mil.

GuruFocus does not calculate Crucible Acquisition's interest coverage with the available data.

* 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.


Crucible Acquisition  (NYSE:CRU) 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 .


Crucible Acquisition Interest Coverage Related Terms

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


Crucible Acquisition (Crucible Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
645 Walnut Street, Boulder, CO, USA, 80302
Crucible Acquisition Corp is a blank check company.
Executives
Sara Baack director ONE LAGOON DRIVE, 4TH FLOOR, REDWOOD CITY CA 94065
Bradley A Feld director, officer: Chairman of the Board C/O FOUNDRY GROUP, 645 WALNUT ST., BOULDER CO 80302
Foundry Group Next 2018, L.p. director, 10 percent owner 645 WALNUT STREET, BOULDER CO 80302
Fg Next Gp 2018, Llc director, 10 percent owner 1050 WALNUT ST #210, BOULDER CO 80302
James M Lejeal director, officer: Chief Executive Officer 3333 WALNUT STREET, BOULDER CO 80301
Margaret Porfido director 175 CORDOVA COURT, BOULDER CO 80303
Foundry Crucible I, Llc director, 10 percent owner 1050 WALNUT STREET, SUITE 210, BOULDER CO 80302
Jewel M. Burks director C/O CRUCIBLE ACQUISITION CORPORATION, 1050 WALNUT STREET, SUITE 210, BOULDER CO 80302
Jason M. Lynch officer: Chief Administrative Officer C/O CRUCIBLE ACQUISITION CORPORATION, 1050 WALNUT STREET, SUITE 210, BOULDER CO 80302