FEXDW (Fintech Ecosystem Development) Interest Coverage: 0 (At Loss) (As of Jun. 2023)

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FEXDW Fintech Ecosystem Development Corp FEXDW
23 GF Score
Price $0.00
! 1 Warning Sign
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What is Fintech Ecosystem Development Interest Coverage?

Fintech Ecosystem Development FEXDW -91.88% 23 Interest Coverage is 0 (At Loss) as of Jun. 2023. GuruFocus rates FEXDW with a GF Score™ of 23/100. The stock has 1 warning sign 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. Fintech Ecosystem Development's Operating Income for the three months ended in Jun. 2023 was $-1.67 Mil. Fintech Ecosystem Development's Interest Expense for the three months ended in Jun. 2023 was $-0.02 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

(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 Fintech Ecosystem Development's Interest Coverage or its related term are showing as below:


FEXDW'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.


Fintech Ecosystem Development  (NAS:FEXDW) 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 .


Fintech Ecosystem Development Interest Coverage Related Terms


Fintech Ecosystem Development Interest Coverage Historical Data

* Premium members only.

The historical data trend for Fintech Ecosystem Development'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.

Fintech Ecosystem Development Interest Coverage Chart

Fintech Ecosystem Development Annual Data
Trend Dec21 Dec22
Interest Coverage
No Debt No Debt

Fintech Ecosystem Development Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt 0.00 0.00

FEXDW vs FRLA, INAQ, TETE: Interest Coverage Comparison

For the Shell Companies subindustry, Fintech Ecosystem Development'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.


Fintech Ecosystem Development Interest Coverage vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Fintech Ecosystem Development's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Fintech Ecosystem Development's Interest Coverage falls into.


FEXDW
23GF Score
Fintech Ecosystem Development Corp FEXDW
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Fintech Ecosystem Development 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.

Fintech Ecosystem Development'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, Fintech Ecosystem Development's Interest Expense was $0.00 Mil. Its Operating Income was $-2.03 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Fintech Ecosystem Development had no debt (1).

Fintech Ecosystem Development's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Here, for the three months ended in Jun. 2023, Fintech Ecosystem Development's Interest Expense was $-0.02 Mil. Its Operating Income was $-1.67 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Fintech Ecosystem Development 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?
Fintech Ecosystem Development (FEXDW) has a Interest Coverage of 0 (At Loss) as of Jun. 2023. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Fintech Ecosystem Development and its competitors.
Is Fintech Ecosystem Development's Interest Coverage too high?
Fintech Ecosystem Development's current Interest Coverage is 0 (At Loss). Overall, Fintech Ecosystem Development has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Fintech Ecosystem Development's Interest Coverage compare to FRLA and INAQ?
Fintech Ecosystem Development'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 Fintech Ecosystem Development 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. Fintech Ecosystem Development'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 Fintech Ecosystem Development stock overvalued right now?
Fintech Ecosystem Development (FEXDW) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). Fintech Ecosystem Development's overall GF Score™ is 23/100 with 1 warning sign 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 Fintech Ecosystem Development (FEXDW), the current Interest Coverage is 0 (At Loss) as of Jun. 2023. 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.

Fintech Ecosystem Development Business Description

Address 100 Springhouse Drive, Suite 204, Collegeville, PA, USA, 19426
Fintech Ecosystem Development Corp is a newly organized blank check company.
23GF Score

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

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