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Corazon Capital V838 Monoceros (Corazon Capital V838 Monoceros) Interest Coverage : No Debt (1) (As of Sep. 2022)


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What is Corazon Capital V838 Monoceros 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. Corazon Capital V838 Monoceros's Operating Income for the three months ended in Sep. 2022 was $-0.21 Mil. Corazon Capital V838 Monoceros's Interest Expense for the three months ended in Sep. 2022 was $0.00 Mil. Corazon Capital V838 Monoceros has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Corazon Capital V838 Monoceros 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 Corazon Capital V838 Monoceros's Interest Coverage or its related term are showing as below:

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


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


Corazon Capital V838 Monoceros Interest Coverage Historical Data

The historical data trend for Corazon Capital V838 Monoceros'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.

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Corazon Capital V838 Monoceros Interest Coverage Chart

Corazon Capital V838 Monoceros Annual Data
Trend Dec21
Interest Coverage
No Debt

Corazon Capital V838 Monoceros Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Interest Coverage Get a 7-Day Free Trial No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Corazon Capital V838 Monoceros's Interest Coverage

For the Shell Companies subindustry, Corazon Capital V838 Monoceros'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.


Corazon Capital V838 Monoceros's Interest Coverage Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Corazon Capital V838 Monoceros's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Corazon Capital V838 Monoceros's Interest Coverage falls into.



Corazon Capital V838 Monoceros 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.

Corazon Capital V838 Monoceros'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, Corazon Capital V838 Monoceros'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.

Corazon Capital V838 Monoceros had no debt (1).

Corazon Capital V838 Monoceros's Interest Coverage for the quarter that ended in Sep. 2022 is calculated as

Here, for the three months ended in Sep. 2022, Corazon Capital V838 Monoceros's Interest Expense was $0.00 Mil. Its Operating Income was $-0.21 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Corazon Capital V838 Monoceros 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.


Corazon Capital V838 Monoceros  (NAS:CRZNW) 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 .


Corazon Capital V838 Monoceros Interest Coverage Related Terms

Thank you for viewing the detailed overview of Corazon Capital V838 Monoceros's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Corazon Capital V838 Monoceros (Corazon Capital V838 Monoceros) Business Description

Traded in Other Exchanges
N/A
Address
222 West Merchandise Mart Plaza, Box No. 2982, Chicago, IL, USA, 60654
Corazon Capital V838 Monoceros Corp is a blank check company.

Corazon Capital V838 Monoceros (Corazon Capital V838 Monoceros) Headlines