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. Agrico Acquisition's
Operating Income
for the
three
months ended in Mar. 2022 was $-0.39 Mil. Agrico Acquisition's Interest Expense for the
three
months ended in Mar. 2022 was $0.00 Mil.
Agrico Acquisition has no debt.
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Agrico 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 Agrico Acquisition's Interest Coverage or its related term are showing as below:
RICOW'
s Interest Coverage Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: No Debt
Current: No Debt
RICOW's Interest Coverage is not ranked
in the Diversified Financial Services industry.
Industry Median: No Debt
vs RICOW: No Debt
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 .
Agrico Acquisition Interest Coverage Related Terms
Agrico Acquisition Interest Coverage Historical Data
* Premium members only.
The historical data trend for Agrico 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.
Agrico Acquisition Interest Coverage Chart
Agrico Acquisition Annual Data
Trend
Dec20
Dec21
Interest Coverage
No Debt
No Debt
Agrico Acquisition Quarterly Data
Jan21
Jun21
Sep21
Dec21
Mar22
Interest Coverage
No Debt
No Debt
No Debt
No Debt
No Debt
RICOW vs CCAI, AMCI, CLOE: Interest Coverage Comparison
For the Shell Companies subindustry, Agrico 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.
Agrico Acquisition Interest Coverage vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Agrico Acquisition's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Agrico Acquisition's Interest Coverage falls into.
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?
Agrico Acquisition (RICOW) has a Interest Coverage of No Debt (1) as of Mar. 2022. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Agrico Acquisition and its competitors. This is 100% below median its historical median of 10,000.00. Over the past decade, Agrico Acquisition's Interest Coverage has ranged from 10,000.00 to 10,000.00.
Is Agrico Acquisition's Interest Coverage too high?
Agrico 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. Overall, Agrico Acquisition has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Agrico Acquisition's Interest Coverage compare to CCAI and AMCI?
Agrico Acquisition'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. Historically, Agrico 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 388 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 Agrico 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. Agrico 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 Agrico Acquisition stock overvalued right now?
Agrico Acquisition (RICOW) 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. Agrico Acquisition's overall GF Score™ is 22/100 with 2 warning signs to review. 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 Agrico Acquisition (RICOW), the current Interest Coverage is No Debt (1) as of Mar. 2022. 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.
Agrico Acquisition Corp is formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
22GF Score
Get the complete analysis for RICOW
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