North Mountain Merger (FRA:92X) Interest Coverage: No Debt ⁽¹⁾ (As of Jun. 2022)

Q: How does North Mountain Merger's Interest Coverage compare to DMAQ and WAYS?

North Mountain Merger's Interest Coverage of No Debt (1) 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.

North Mountain Merger Corp FRA:92X

22 GF Score

Price €10.20

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What is North Mountain Merger Interest Coverage?

North Mountain Merger FRA:92X 22 Interest Coverage is No Debt ⁽¹⁾ as of Jun. 2022. GuruFocus rates FRA:92X with a GF Score™ of 22/100.

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. North Mountain Merger's Operating Income for the three months ended in Jun. 2022 was €-0.19 Mil. North Mountain Merger's Interest Expense for the three months ended in Jun. 2022 was €0.00 Mil. North Mountain Merger has no debt. 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 North Mountain Merger's Interest Coverage or its related term are showing as below:

FRA:92X'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.

North Mountain Merger (FRA:92X) 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 .

North Mountain Merger Interest Coverage Related Terms

North Mountain Merger Interest Coverage Historical Data

* Premium members only.

The historical data trend for North Mountain Merger'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.

North Mountain Merger Interest Coverage Chart

North Mountain Merger Annual Data

Trend

Dec20

Dec21

Interest Coverage

No Debt

North Mountain Merger Quarterly Data
	Jul20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Interest Coverage	Get a 7-Day Free Trial			No Debt	No Debt	No Debt	No Debt	No Debt

FRA:92X vs DMAQ, WAYS, NBST: Interest Coverage Comparison

For the Shell Companies subindustry, North Mountain Merger'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.

North Mountain Merger Interest Coverage vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, North Mountain Merger's Interest Coverage distribution charts can be found below:

* The bar in red indicates where North Mountain Merger's Interest Coverage falls into.

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22GF Score

North Mountain Merger Corp FRA:92X

Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.

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North Mountain Merger 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.

North Mountain Merger'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, North Mountain Merger's Interest Expense was €0.00 Mil. Its Operating Income was €-1.04 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

North Mountain Merger had no debt ⁽¹⁾.

North Mountain Merger's Interest Coverage for the quarter that ended in Jun. 2022 is calculated as

Here, for the three months ended in Jun. 2022, North Mountain Merger's Interest Expense was €0.00 Mil. Its Operating Income was €-0.19 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

North Mountain Merger had no debt ⁽¹⁾.

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 No Debt <sup>(1)</sup> mean?

North Mountain Merger (FRA:92X) has a Interest Coverage of No Debt ⁽¹⁾ as of Jun. 2022. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on North Mountain Merger and its competitors.

Is North Mountain Merger's Interest Coverage too high?

North Mountain Merger's current Interest Coverage is No Debt ⁽¹⁾. Overall, North Mountain Merger has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.

How does North Mountain Merger's Interest Coverage compare to DMAQ and WAYS?

North Mountain Merger's Interest Coverage of No Debt ⁽¹⁾ 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 395 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 North Mountain Merger 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. North Mountain Merger's current Interest Coverage is No Debt ⁽¹⁾. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is North Mountain Merger stock overvalued right now?

North Mountain Merger (FRA:92X) has a current Interest Coverage of No Debt ⁽¹⁾. The current Interest Coverage is No Debt ⁽¹⁾. North Mountain Merger's overall GF Score™ is 22/100. 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 North Mountain Merger (FRA:92X), the current Interest Coverage is No Debt ⁽¹⁾ as of Jun. 2022. 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.