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TechStar Acquisition (HKSE:07855) Interest Coverage : No Debt (1) (As of Dec. 2024)


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What is TechStar 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. TechStar Acquisition's Operating Income for the six months ended in Dec. 2024 was HK$-50.99 Mil. TechStar Acquisition's Interest Expense for the six months ended in Dec. 2024 was HK$0.00 Mil. TechStar Acquisition has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

TechStar 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 TechStar Acquisition's Interest Coverage or its related term are showing as below:

HKSE:07855' s Interest Coverage Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt


HKSE:07855's Interest Coverage is ranked better than
99.68% of 315 companies
in the Diversified Financial Services industry
Industry Median: No Debt vs HKSE:07855: 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.


TechStar Acquisition Interest Coverage Historical Data

The historical data trend for TechStar 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.

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TechStar Acquisition Interest Coverage Chart

TechStar Acquisition Annual Data
Trend Dec22 Dec23 Dec24
Interest Coverage
No Debt No Debt No Debt

TechStar Acquisition Semi-Annual Data
Sep22 Jun23 Dec23 Jun24 Dec24
Interest Coverage No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of TechStar Acquisition's Interest Coverage

For the Shell Companies subindustry, TechStar 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.


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

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

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


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TechStar 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.

TechStar Acquisition's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, TechStar Acquisition's Interest Expense was HK$0.00 Mil. Its Operating Income was HK$-99.87 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0.00 Mil.

TechStar Acquisition had no debt (1).

TechStar Acquisition's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, TechStar Acquisition's Interest Expense was HK$0.00 Mil. Its Operating Income was HK$-50.99 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0.00 Mil.

TechStar 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.


TechStar Acquisition  (HKSE:07855) 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 .


TechStar Acquisition Interest Coverage Related Terms

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


TechStar Acquisition Business Description

Traded in Other Exchanges
N/A
Address
1 Austin Road West, Unit No. 1506B, Level 15, International Commerce Centre, Kowloon, Hong Kong, HKG
TechStar Acquisition Corp is a special purpose acquisition company, incorporated to effect a De-SPAC Transaction.
Executives
Redpine Elite Limited 2101 Beneficial owner
Goldstream Investment Limited 2201 Interest of corporation controlled by you
Wealth Strategy Holding Limited 2201 Interest of corporation controlled by you
Exponential Fortune Group Limited 2201 Interest of corporation controlled by you
Fountainhead Partners Fund Vcc Sub Fund Caps Fund 2101 Beneficial owner
China Citic Bank Corporation Limited 2201 Interest of corporation controlled by you
Goldstream Capital Management Limited 2102 Investment manager
Citic Polaris Limited 2201 Interest of corporation controlled by you
Citic Group Corporation 2201 Interest of corporation controlled by you
China Cinda (hk) Asset Management Co., Limited 2201 Interest of corporation controlled by you
China Cinda (hk) Holdings Company Limited 2201 Interest of corporation controlled by you
China Cinda Asset Management Co., Ltd. 2201 Interest of corporation controlled by you
Cinda Sinorock Global Portfolio Limited Partnership I 2101 Beneficial owner
Cinda Sino-rock Investment Limited 2201 Interest of corporation controlled by you
Innotek Resources Limited 2201 Interest of corporation controlled by you

TechStar Acquisition Headlines

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