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HumanCo Acquisition (HumanCo Acquisition) Interest Coverage : N/A (As of Jun. 2022)


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What is HumanCo 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. HumanCo Acquisition's Operating Income for the three months ended in Jun. 2022 was $-0.25 Mil. HumanCo Acquisition's Interest Expense for the three months ended in Jun. 2022 was $0.00 Mil. GuruFocus does not calculate 's interest coverage with the available data. 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 HumanCo Acquisition's Interest Coverage or its related term are showing as below:


HMCOU'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.


HumanCo Acquisition Interest Coverage Historical Data

The historical data trend for HumanCo 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.

HumanCo Acquisition Interest Coverage Chart

HumanCo Acquisition Annual Data
Trend Dec20 Dec21
Interest Coverage
No Debt No Debt

HumanCo Acquisition Quarterly Data
Oct20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Interest Coverage Get a 7-Day Free Trial No Debt No Debt No Debt N/A N/A

Competitive Comparison of HumanCo Acquisition's Interest Coverage

For the Shell Companies subindustry, HumanCo 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.


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

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

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



HumanCo 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.

HumanCo Acquisition'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, HumanCo Acquisition's Interest Expense was $0.00 Mil. Its Operating Income was $-2.17 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

HumanCo Acquisition had no debt (1).

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

Here, for the three months ended in Jun. 2022, HumanCo Acquisition's Interest Expense was $0.00 Mil. Its Operating Income was $-0.25 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.67 Mil.

GuruFocus does not calculate HumanCo Acquisition's interest coverage with the available data.

* 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.


HumanCo Acquisition  (NAS:HMCOU) 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 .


HumanCo Acquisition Interest Coverage Related Terms

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


HumanCo Acquisition (HumanCo Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
Austin, P.O. Box 90608, Austin, TX, USA, 78709
HumanCo Acquisition Corp is a blank check company.
Executives
Mizuho Securities Usa Llc 10 percent owner 1271 AVENUE OF THE AMERICAS, FLOORS - 2,3,4,18,19, NEW YORK NY 10020
Mizuho Financial Group Inc 10 percent owner 1-5-5, OTEMACHI, CHIYODA-KU, TOKYO M0 100-8176
Mizuho Bank, Ltd. 10 percent owner 1-5-5, OTEMACHI, CHIYODA-KU, TOKYO M0 100-8176
Brian P Kelley director P.O. BOX 90608, AUSTIN TX 78709
Richard Dean Hollis director 3603 HAVEN AVENUE, SUITE E, MENLO PARK CA 94025
Ross Berman director, officer: Chief Executive Officer P.O. BOX 90608, AUSTIN TX 78709
John M. Foraker director P.O. BOX 90608, AUSTIN TX 78709
Amy Zipper officer: Chief Operating Officer P.O. BOX 90608, AUSTIN TX 78709
Jason H. Karp director, officer: Executive Co-Chairman P.O. BOX 90608, AUSTIN TX 78709
Rohan Oza director 515 WEST 20TH STREET, 4W, NEW YORK NY 10011
Brett J. Thomas officer: President 515 WEST 20TH STREET, 4W, NEW YORK NY 10011
Katrina Cole director P.O. BOX 90608, AUSTIN TX 78709

HumanCo Acquisition (HumanCo Acquisition) Headlines