INTE (Integral Acquisition 1) Interest Coverage: No Debt (1) (As of Jun. 2024)


INTE Integral Acquisition Corp 1 INTE
38 GF Score
Price $10.40
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What is Integral Acquisition 1 Interest Coverage?

Integral Acquisition 1 INTE 38 Interest Coverage is No Debt (1) as of Jun. 2024. GuruFocus rates INTE with a GF Score™ of 38/100.

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. Integral Acquisition 1's Operating Income for the three months ended in Jun. 2024 was $-0.52 Mil. Integral Acquisition 1's Interest Expense for the three months ended in Jun. 2024 was $0.00 Mil. Integral Acquisition 1 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 Integral Acquisition 1's Interest Coverage or its related term are showing as below:


INTE'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.


Integral Acquisition 1  (OTCPK:INTE) 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 .


Integral Acquisition 1 Interest Coverage Related Terms


Integral Acquisition 1 Interest Coverage Historical Data

* Premium members only.

The historical data trend for Integral Acquisition 1'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.

Integral Acquisition 1 Interest Coverage Chart

Integral Acquisition 1 Annual Data
Trend Dec21 Dec22 Dec23
Interest Coverage
No Debt No Debt No Debt

Integral Acquisition 1 Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

INTE vs IGTA, BOWN, CNXX: Interest Coverage Comparison

For the Shell Companies subindustry, Integral Acquisition 1'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.


Integral Acquisition 1 Interest Coverage vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Integral Acquisition 1's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Integral Acquisition 1's Interest Coverage falls into.


INTE
38GF Score
Integral Acquisition Corp 1 INTE
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Integral Acquisition 1 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.

Integral Acquisition 1's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Integral Acquisition 1's Interest Expense was $0.00 Mil. Its Operating Income was $-2.42 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Integral Acquisition 1 had no debt (1).

Integral Acquisition 1's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Here, for the three months ended in Jun. 2024, Integral Acquisition 1's Interest Expense was $0.00 Mil. Its Operating Income was $-0.52 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Integral Acquisition 1 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?
Integral Acquisition 1 (INTE) has a Interest Coverage of No Debt (1) as of Jun. 2024. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Integral Acquisition 1 and its competitors.
Is Integral Acquisition 1's Interest Coverage too high?
Integral Acquisition 1's current Interest Coverage is No Debt (1). Overall, Integral Acquisition 1 has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Integral Acquisition 1's Interest Coverage compare to IGTA and BOWN?
Integral Acquisition 1'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 389 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 Integral Acquisition 1 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. Integral Acquisition 1'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 Integral Acquisition 1 stock overvalued right now?
Integral Acquisition 1 (INTE) has a current Interest Coverage of No Debt (1). The current Interest Coverage is No Debt (1). Integral Acquisition 1's overall GF Score™ is 38/100. 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 Integral Acquisition 1 (INTE), the current Interest Coverage is No Debt (1) as of Jun. 2024. 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.

Integral Acquisition 1 Business Description

Address 1330 Avenue of the Americas, 23rd Floor, New York, NY, USA, 10019
Integral Acquisition Corp 1 is a blank check company.
38GF Score

Get the complete analysis for INTE

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

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