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Empowerment &lusion Capital I (Empowerment &lusion Capital I) Interest Coverage : N/A (As of Sep. 2022)


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What is Empowerment &lusion Capital I 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. Empowerment &lusion Capital I's Operating Income for the three months ended in Sep. 2022 was $-0.29 Mil. Empowerment &lusion Capital I'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 Empowerment &lusion Capital I's Interest Coverage or its related term are showing as below:


EPWR'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.


Empowerment &lusion Capital I Interest Coverage Historical Data

The historical data trend for Empowerment &lusion Capital I'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.

Empowerment &lusion Capital I Interest Coverage Chart

Empowerment &lusion Capital I Annual Data
Trend Dec18 Dec19 Dec20 Dec21
Interest Coverage
No Debt No Debt No Debt N/A

Empowerment &lusion Capital I Quarterly Data
Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 N/A N/A N/A N/A N/A

Competitive Comparison of Empowerment &lusion Capital I's Interest Coverage

For the Shell Companies subindustry, Empowerment &lusion Capital I'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.


Empowerment &lusion Capital I's Interest Coverage Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Empowerment &lusion Capital I's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Empowerment &lusion Capital I's Interest Coverage falls into.



Empowerment &lusion Capital I 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.

Empowerment &lusion Capital I'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, Empowerment &lusion Capital I's Interest Expense was $0.00 Mil. Its Operating Income was $-1.10 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.17 Mil.

GuruFocus does not calculate Empowerment &lusion Capital I's interest coverage with the available data.

Empowerment &lusion Capital I's Interest Coverage for the quarter that ended in Sep. 2022 is calculated as

Here, for the three months ended in Sep. 2022, Empowerment &lusion Capital I's Interest Expense was $0.00 Mil. Its Operating Income was $-0.29 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.06 Mil.

GuruFocus does not calculate Empowerment &lusion Capital I'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.


Empowerment &lusion Capital I  (NYSE:EPWR) 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 .


Empowerment &lusion Capital I Interest Coverage Related Terms

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


Empowerment &lusion Capital I (Empowerment &lusion Capital I) Business Description

Traded in Other Exchanges
N/A
Address
340 Madison Avenue, New York, NY, USA, 10173
Empowerment & Inclusion Capital I Corp is a blank-check company. It is formed for the purpose of merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities.
Executives
Marjorie Rodgers Cheshire director 1040 PARK AVENUE, SUITE 300, BALTIMORE MD 21201
Andrea L Zopp director 3333 BEVERLY ROAD, C/O SEARS ROEBUCK & CP, HOFFMAN ESTATE IL 60179
Richard Kevin Bynum director 7567 GLEN POINTE CT., SPRINGFIELD VA 22153
Toni Townes-whitley director 8340 SPRINGHAVEN GARDEN LANE, MCLEAN, VA X1 22102
Virginia Henkels 10 percent owner, officer: CFO and Secretary SWIFT TRANSPORTATION COMPANY, 2200 SOUTH 75TH AVENUE, PHOENIX AZ 85043
Jefferies Financial Group Inc. 10 percent owner 520 MADISON AVENUE, NEW YORK NY 10022
Ford Harold Eugene Jr. director, 10 percent owner, officer: CEO and Chairman 4921 WILLIAM ARNOLD ROAD, MEMPHIS TN 38117
Pnc Financial Services Group, Inc. 10 percent owner THE TOWER AT PNC PLAZA, 300 FIFTH AVENUE, PITTSBURGH PA 15222-2401
Gagan Singh director C/O THE PNC FINANCIAL SERVICES GROUP, 340 MADISON AVENUE, NEW YORK NY 10173
Laura L Long director C/O THE TOWER AT PNC, 300 FIFTH AVENUE, PITTSBURGH PA 15222
Pnc Investment Capital Corp. 10 percent owner C/O THE PNC FINANCIAL SERVICES GROUP, 340 MADISON AVENUE, NEW YORK NY 10173
Stephanie M Phillipps director C/O THE PNC FINANCIAL SERVICES GROUP, 340 MADISON AVENUE, NEW YORK NY 10173
Margaret B Smith director C/O THE PNC FINANCIAL SERVICES GROUP, 340 MADISON AVENUE, NEW YORK NY 10173