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Social Capital Suvretta Holdings IV (Social Capital Suvretta Holdings IV) Interest Coverage : No Debt (1) (As of Mar. 2023)


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What is Social Capital Suvretta Holdings IV 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. Social Capital Suvretta Holdings IV's Operating Income for the three months ended in Mar. 2023 was $-0.23 Mil. Social Capital Suvretta Holdings IV's Interest Expense for the three months ended in Mar. 2023 was $0.00 Mil. Social Capital Suvretta Holdings IV has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Social Capital Suvretta Holdings Corp IV 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 Social Capital Suvretta Holdings IV's Interest Coverage or its related term are showing as below:

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


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


Social Capital Suvretta Holdings IV Interest Coverage Historical Data

The historical data trend for Social Capital Suvretta Holdings IV'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.

Social Capital Suvretta Holdings IV Interest Coverage Chart

Social Capital Suvretta Holdings IV Annual Data
Trend Dec21 Dec22
Interest Coverage
No Debt No Debt

Social Capital Suvretta Holdings IV Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Interest Coverage Get a 7-Day Free Trial Premium Member Only No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Social Capital Suvretta Holdings IV's Interest Coverage

For the Shell Companies subindustry, Social Capital Suvretta Holdings IV'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.


Social Capital Suvretta Holdings IV's Interest Coverage Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Social Capital Suvretta Holdings IV's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Social Capital Suvretta Holdings IV's Interest Coverage falls into.



Social Capital Suvretta Holdings IV 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.

Social Capital Suvretta Holdings IV'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, Social Capital Suvretta Holdings IV's Interest Expense was $0.00 Mil. Its Operating Income was $-0.87 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Social Capital Suvretta Holdings IV had no debt (1).

Social Capital Suvretta Holdings IV's Interest Coverage for the quarter that ended in Mar. 2023 is calculated as

Here, for the three months ended in Mar. 2023, Social Capital Suvretta Holdings IV's Interest Expense was $0.00 Mil. Its Operating Income was $-0.23 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Social Capital Suvretta Holdings IV 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.


Social Capital Suvretta Holdings IV  (NAS:DNAD) 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 .


Social Capital Suvretta Holdings IV Interest Coverage Related Terms

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


Social Capital Suvretta Holdings IV (Social Capital Suvretta Holdings IV) Business Description

Traded in Other Exchanges
N/A
Address
2850 W. Horizon Ridge Parkway, Suite 200, Henderson, NV, USA, 89052
Website
Social Capital Suvretta Holdings Corp IV is a newly incorporated blank check company.
Executives
William J Newell director 887 GREAT NORTHERN WAY, VANCOUVER A1 V5T 4T5
Biren Amin director C/O IMMUNEERING CORPORATION, 245 MAIN STREET, SECOND FLOOR, CAMBRIDGE MA 02142
Steven Marc Solomon director 584 THE ALAMEDA, BERKELEY CA 94707
Amit Munshi director C/O EPIRUS BIOPHARMACEUTICALS, INC., 699 BOYLSTON STREET, 8TH FLOOR, BOSTON MA 02116
James Ryans officer: Chief Financial Officer C/O SOCIAL CAPITAL, 120 HAWTHORNE AVENUE, PALO ALTO CA 94301
Chamath Palihapitiya other: Manager THE SOCIAL-CAPITAL PARTNERSHIP, L.L.C., 506 SANTA CRUZ AVENUE, SUITE 300, MENLO PARK CA 94025
Kishan Mehta other: Manager 540 WEST 49TH STREET, UNIT# PH1N, NEW YORK NY 10019
Shoney Katz officer: Director of Research 22 CORNELIA DRIVE, GREENWICH CT 06830
Aaron Cowen other: Manager of Minority Owner 540 MADISON AVENUE, 7TH FLOOR, NEW YORK NY 10022
Scs Sponsor Iv Llc director, 10 percent owner 2850 W. HORIZON RIDGE PARKWAY, SUITE 200, HENDERSON NV 89052
Chachacha Dna Iv, Llc other: Majority Owner 317 UNIVERSITY AVE, SUITE 200, PALO ALTO CA 94301

Social Capital Suvretta Holdings IV (Social Capital Suvretta Holdings IV) Headlines