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EMCG (Embrace Change Acquisition) Interest Coverage : 0 (At Loss) (As of Mar. 2025)


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What is Embrace Change 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. Embrace Change Acquisition's Operating Income for the three months ended in Mar. 2025 was $-0.36 Mil. Embrace Change Acquisition's Interest Expense for the three months ended in Mar. 2025 was $-0.00 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 Embrace Change Acquisition's Interest Coverage or its related term are showing as below:


EMCG'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.


Embrace Change Acquisition Interest Coverage Historical Data

The historical data trend for Embrace Change 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.

Embrace Change Acquisition Interest Coverage Chart

Embrace Change Acquisition Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Interest Coverage
No Debt No Debt No Debt -

Embrace Change Acquisition Quarterly Data
Jun21 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 No Debt No Debt - - -

Competitive Comparison of Embrace Change Acquisition's Interest Coverage

For the Shell Companies subindustry, Embrace Change 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.


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

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

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


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Embrace Change 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.

Embrace Change 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, Embrace Change Acquisition's Interest Expense was $-0.01 Mil. Its Operating Income was $-0.55 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Embrace Change Acquisition did not have earnings to cover the interest expense.

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

Here, for the three months ended in Mar. 2025, Embrace Change Acquisition's Interest Expense was $-0.00 Mil. Its Operating Income was $-0.36 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Embrace Change 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.


Embrace Change Acquisition  (NAS:EMCG) 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 .


Embrace Change Acquisition Interest Coverage Related Terms

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


Embrace Change Acquisition Business Description

Traded in Other Exchanges
N/A
Address
5186 Carroll Canyon Road, San Diego, CA, USA, 92121
Embrace Change Acquisition Corp is a blank check company. It is formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses.
Executives
Jingyu Wang director, officer: Chief Executive Officer 5/F, BUILDING A1, JUNHAO CENTRAL PARK PL, CHAOYANG DISTRICT, BEIJING F4 00000
Mo Zhou director SHUNYI DISTRICT, LONG YUAN VILLAS, UNIT 139, BEIJING F4 101319
Jiangping Xiao director 801 W ADAMS ST, CHICAGO IL 60607
Yoann Delwarde director, officer: Chief Executive Officer 74, BLOCK D, BEIJING FUND TOWN BUILDING, FANGSHAN DISTRICT, BEIJING F4 00000
Hang Zhou director 10635 CALLE MAR DE MARIPOSA, APARTMENT 5314, SAN DIEGO CA 92130
Zheng Yuan director, officer: Chief Financial Officer 74, BLOCK D, BEIJING FUND TOWN BUILDING, FANGSHAN DISTRICT, BEIJING F4 00000
Wuren Fubao Inc. 10 percent owner 74, BLOCK D, BEIJING FUND TOWN BUILDING, FANGSHAN DISTRICT, BEIJING F4 00000
Richemont Gregory De director 74, BLOCK D, BEIJING FUND TOWN BUILDING, FANGSHAN DISTRICT, BEIJING F4 00000