DHACW (Digital Health Acquisition) Interest Coverage: 0 (At Loss) (As of Mar. 2024)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

DHACW Digital Health Acquisition Corp DHACW
15 GF Score
Price $0.04
! 3 Warning Signs
View Full Analysis

What is Digital Health Acquisition Interest Coverage?

Digital Health Acquisition DHACW 15 Interest Coverage is 0 (At Loss) as of Mar. 2024. GuruFocus rates DHACW with a GF Score™ of 15/100. The stock has 3 warning signs investors should review.

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. Digital Health Acquisition's Operating Income for the three months ended in Mar. 2024 was $-0.67 Mil. Digital Health Acquisition's Interest Expense for the three months ended in Mar. 2024 was $-0.13 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 Digital Health Acquisition's Interest Coverage or its related term are showing as below:


DHACW'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.


Digital Health Acquisition  (NAS:DHACW) 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 .


Digital Health Acquisition Interest Coverage Related Terms


Digital Health Acquisition Interest Coverage Historical Data

* Premium members only.

The historical data trend for Digital Health 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.

Digital Health Acquisition Interest Coverage Chart

Digital Health Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Interest Coverage
No Debt 0.00 0.00

Digital Health Acquisition Quarterly Data
May21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

DHACW vs DHCC, MAYX, PLPL: Interest Coverage Comparison

For the Shell Companies subindustry, Digital Health 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.


Digital Health Acquisition Interest Coverage vs Diversified Financial Services Industry

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

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


DHACW
15GF Score
Digital Health Acquisition Corp DHACW
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Digital Health 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.

Digital Health Acquisition's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Digital Health Acquisition's Interest Expense was $-2.18 Mil. Its Operating Income was $-2.59 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Digital Health Acquisition did not have earnings to cover the interest expense.

Digital Health Acquisition's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Digital Health Acquisition's Interest Expense was $-0.13 Mil. Its Operating Income was $-0.67 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Digital Health 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0 (At Loss) mean?
Digital Health Acquisition (DHACW) has a Interest Coverage of 0 (At Loss) as of Mar. 2024. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Digital Health Acquisition and its competitors.
Is Digital Health Acquisition's Interest Coverage too high?
Digital Health Acquisition's current Interest Coverage is 0 (At Loss). Overall, Digital Health Acquisition has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Digital Health Acquisition's Interest Coverage compare to DHCC and MAYX?
Digital Health Acquisition's Interest Coverage of 0 (At Loss) can be compared against companies in the Diversified Financial Services industry. The industry median Interest Coverage is 10,000.00. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Diversified Financial Services company?
The median Interest Coverage among Diversified Financial Services companies is 10,000.00, based on 365 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Digital Health Acquisition and its competitors. For the Diversified Financial Services industry, the median Interest Coverage is 10,000.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Digital Health Acquisition's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Digital Health Acquisition stock overvalued right now?
Digital Health Acquisition (DHACW) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). Digital Health Acquisition's overall GF Score™ is 15/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Digital Health Acquisition (DHACW), the current Interest Coverage is 0 (At Loss) as of Mar. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Digital Health Acquisition Business Description

Address 980 North Federal Hwy, Suite 304, Boca Raton, FL, USA, 33432
Digital Health Acquisition Corp is a newly organized blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination.
15GF Score

Get the complete analysis for DHACW

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.04
Price