HCMA (HCM III Acquisition) Interest Coverage: No Debt (1) (As of Mar. 2026) — 100% Below Median

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HCMA HCM III Acquisition Corp HCMA
13 GF Score
Price $10.32
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What is HCM III Acquisition Interest Coverage?

HCM III Acquisition HCMA 13 Interest Coverage is No Debt (1) as of Mar. 2026, which is 100% below its 10-year median of 10,000.00. GuruFocus rates HCMA with a GF Score™ of 13/100. Among 387 Diversified Financial Services companies, HCM III Acquisition ranks better than 99.48% on this metric.

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. HCM III Acquisition's Operating Income for the three months ended in Mar. 2026 was $-0.39 Mil. HCM III Acquisition's Interest Expense for the three months ended in Mar. 2026 was $0.00 Mil. HCM III Acquisition has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

HCM III Acquisition Corp has no debt.

(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 HCM III Acquisition's Interest Coverage or its related term are showing as below:

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


HCMA's Interest Coverage is ranked better than
99.48% of 387 companies
in the Diversified Financial Services industry
Industry Median: No Debt vs HCMA: 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.


HCM III Acquisition  (NAS:HCMA) 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 .


HCM III Acquisition Interest Coverage Related Terms


HCM III Acquisition Interest Coverage Historical Data

* Premium members only.

The historical data trend for HCM III 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.

HCM III Acquisition Interest Coverage Chart

HCM III Acquisition Annual Data
Trend Dec25
Interest Coverage
No Debt

HCM III Acquisition Quarterly Data
Apr25 Sep25 Dec25 Mar26
Interest Coverage No Debt No Debt No Debt No Debt

HCMA vs SBXE, IPFX, BLZR: Interest Coverage Comparison

For the Shell Companies subindustry, HCM III 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.


HCM III Acquisition Interest Coverage vs Diversified Financial Services Industry

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

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


HCMA
13GF Score
HCM III Acquisition Corp HCMA
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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HCM III 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.

HCM III Acquisition's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, HCM III Acquisition's Interest Expense was $0.00 Mil. Its Operating Income was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

HCM III Acquisition had no debt (1).

HCM III Acquisition's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, HCM III Acquisition's Interest Expense was $0.00 Mil. Its Operating Income was $-0.39 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

HCM III 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of No Debt <sup>(1)</sup> mean?
HCM III Acquisition (HCMA) has a Interest Coverage of No Debt (1) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on HCM III Acquisition and its competitors. This is 100% below median its historical median of 10,000.00. Over the past decade, HCM III Acquisition's Interest Coverage has ranged from 10,000.00 to 10,000.00. According to the industry distribution chart, HCM III Acquisition ranks #2 out of 387 companies in the Diversified Financial Services industry, placing it in the top 0.5%.
Is HCM III Acquisition's Interest Coverage too high?
HCM III Acquisition's current Interest Coverage of No Debt (1) is 100% below median its 10-year median of 10,000.00. Over the past 10 years, this metric has ranged from a low of 10,000.00 to a high of 10,000.00. Based on the distribution chart, HCM III Acquisition ranks #2 out of 387 companies in the Diversified Financial Services industry, which is in the top quartile — a strong position relative to peers. Overall, HCM III Acquisition has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does HCM III Acquisition's Interest Coverage compare to SBXE and IPFX?
According to the Diversified Financial Services industry distribution chart, HCM III Acquisition ranks #2 out of 387 companies for Interest Coverage. This places HCM III Acquisition in the top 1% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 10,000.00. Historically, HCM III Acquisition's own Interest Coverage has ranged from 10,000.00 to 10,000.00 over the past decade. 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 387 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 HCM III Acquisition 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. HCM III Acquisition's current Interest Coverage is No Debt (1), which is 100% below median its own 10-year median of 10,000.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HCM III Acquisition stock overvalued right now?
HCM III Acquisition (HCMA) has a current Interest Coverage of No Debt (1). The current Interest Coverage is No Debt (1), which is 100% below median its 10-year median of 10,000.00. HCM III Acquisition's overall GF Score™ is 13/100. 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 HCM III Acquisition (HCMA), the current Interest Coverage is No Debt (1) as of Mar. 2026. 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.

HCM III Acquisition Business Description

Address 85 Washington Street, Norwalk, CT, USA, 06854
HCM III Acquisition Corp is a blank check company.
13GF Score

Get the complete analysis for HCMA

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

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