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Goldenbridge Acquisition (Goldenbridge Acquisition) Interest Coverage : No Debt (1) (As of Dec. 2022)


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What is Goldenbridge 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. Goldenbridge Acquisition's Operating Income for the three months ended in Dec. 2022 was $-0.29 Mil. Goldenbridge Acquisition's Interest Expense for the three months ended in Dec. 2022 was $0.00 Mil. Goldenbridge Acquisition 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 Goldenbridge Acquisition's Interest Coverage or its related term are showing as below:

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


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


Goldenbridge Acquisition Interest Coverage Historical Data

The historical data trend for Goldenbridge 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.

Goldenbridge Acquisition Interest Coverage Chart

Goldenbridge Acquisition Annual Data
Trend Jun20 Jun21 Jun22
Interest Coverage
No Debt No Debt No Debt

Goldenbridge Acquisition Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Goldenbridge Acquisition's Interest Coverage

For the Shell Companies subindustry, Goldenbridge 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.


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

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

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



Goldenbridge 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.

Goldenbridge Acquisition's Interest Coverage for the fiscal year that ended in Jun. 2022 is calculated as

Here, for the fiscal year that ended in Jun. 2022, Goldenbridge Acquisition's Interest Expense was $0.00 Mil. Its Operating Income was $-1.11 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Goldenbridge Acquisition had no debt (1).

Goldenbridge Acquisition's Interest Coverage for the quarter that ended in Dec. 2022 is calculated as

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

Goldenbridge Acquisition 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.


Goldenbridge Acquisition  (NAS:GBRGU) 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 .


Goldenbridge Acquisition Interest Coverage Related Terms

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


Goldenbridge Acquisition (Goldenbridge Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
171-172 Gloucester Road, 15th Floor, Aubin House, Wanchai, Hong Kong, HKG
Website
Goldenbridge Acquisition Ltd is a blank check company.
Executives
Jeffrey A Altman 10 percent owner 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Owl Creek Asset Management, L.p. 10 percent owner 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Jining Li director FLAT A, 6/F, BLOCK A, TONNOCHY TOWERS, NO.272 JAFFE RD, WANCHAI, HONG KONG F4 00000
Yanhong Xue officer: Chief Financial Officer ROOM 801, PLAZA B, YONGHE BUILDING,, NO.28 ANDINGMEN EAST STREET, DONGCHENG D, BEIJING F4 100007
Kinpui Choi director FLAT A, 6/F, BLOCK A, TONNOCHY TOWERS, NO. 272 JAFFE ROAD, WANCHAI, HONG KONG F4 00000
Yongsheng Liu director, officer: Chief Executive Officer FLAT A, 6/F, BLOCK A, TONNOCHY TOWERS, N0. 272 JAFFE ROAD, WANCHAI, HONG KONG F4 00000
Ray Lei Chen officer: Chief Operating Officer FLAT A, 6/F, BLOCK A, TONNOCHY TOWERS, NO.272 JAFFE ROAD, WANCHAI, HONG KONG F4 00000
Claude P. Franco director C/O GOLDENBRIDGE ACQUISITION LIMITED, 15/F, AUBIN HOUSE, 171-172 GLOUCESTER RD, WANCHAI K3 00000
Michael E. Chen director 75 PASTURES LANE, NEW CANAAN CT 06840

Goldenbridge Acquisition (Goldenbridge Acquisition) Headlines

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