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Galata Acquisition IILATA +0.10%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 LATA with a GF Score™ of 13/100. Among 390 Diversified Financial Services companies, Galata Acquisition II ranks better than 99.49% 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. Galata Acquisition II's
Operating Income
for the
three
months ended in Mar. 2026 was $-0.16 Mil. Galata Acquisition II's Interest Expense for the
three
months ended in Mar. 2026 was $0.00 Mil.
Galata Acquisition II has no debt.
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Galata Acquisition Corp II has enough cash to cover all of its debt. Its financial situation is stable.
(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 Galata Acquisition II's Interest Coverage or its related term are showing as below:
LATA'
s Interest Coverage Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: No Debt
Current: No Debt
LATA's Interest Coverage is ranked better than 99.49% of 390
companies
in the Diversified Financial Services industry
Industry Median: No Debt
vs LATA: No Debt
Galata Acquisition II (NAS:LATA) 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 .
Galata Acquisition II Interest Coverage Related Terms
Galata Acquisition II Interest Coverage Historical Data
* Premium members only.
The historical data trend for Galata Acquisition II'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.
Galata Acquisition II Interest Coverage Chart
Galata Acquisition II Annual Data
Trend
Dec25
Interest Coverage
No Debt
Galata Acquisition II Quarterly Data
Jun25
Sep25
Dec25
Mar26
Interest Coverage
No Debt
No Debt
No Debt
No Debt
LATA vs SUMA, DYOR, HLXC: Interest Coverage Comparison
For the Shell Companies subindustry, Galata Acquisition II'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.
Galata Acquisition II Interest Coverage vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Galata Acquisition II's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Galata Acquisition II's Interest Coverage falls into.
Galata Acquisition II 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:
* 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.
What does a Interest Coverage of No Debt <sup>(1)</sup> mean?
Galata Acquisition II (LATA) 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 Galata Acquisition II and its competitors. This is 100% below median its historical median of 10,000.00. Over the past decade, Galata Acquisition II's Interest Coverage has ranged from 10,000.00 to 10,000.00. According to the industry distribution chart, Galata Acquisition II ranks #2 out of 390 companies in the Diversified Financial Services industry, placing it in the top 0.5%.
Is Galata Acquisition II's Interest Coverage too high?
Galata Acquisition II'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, Galata Acquisition II ranks #2 out of 390 companies in the Diversified Financial Services industry, which is in the top quartile — a strong position relative to peers. Overall, Galata Acquisition II has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Galata Acquisition II's Interest Coverage compare to SUMA and DYOR?
According to the Diversified Financial Services industry distribution chart, Galata Acquisition II ranks #2 out of 390 companies for Interest Coverage. This places Galata Acquisition II in the top 1% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 10,000.00. Historically, Galata Acquisition II'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 390 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 Galata Acquisition II 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. Galata Acquisition II'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 Galata Acquisition II stock overvalued right now?
Galata Acquisition II (LATA) 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. Galata Acquisition II'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 Galata Acquisition II (LATA), 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.
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