SKGRW (SK Growth Opportunities) Interest Coverage: No Debt (1) (As of Dec. 2024) — 100% Below Median

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SKGRW SK Growth Opportunities Corp SKGRW
21 GF Score
Price $0.67
! 2 Warning Signs
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What is SK Growth Opportunities Interest Coverage?

SK Growth Opportunities SKGRW 21 Interest Coverage is No Debt (1) as of Dec. 2024, which is 100% below its 10-year median of 10,000.00. GuruFocus rates SKGRW with a GF Score™ of 21/100. The stock has 2 warning signs investors should review.

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. SK Growth Opportunities's Operating Income for the three months ended in Dec. 2024 was $-0.31 Mil. SK Growth Opportunities's Interest Expense for the three months ended in Dec. 2024 was $0.00 Mil. SK Growth Opportunities 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 SK Growth Opportunities's Interest Coverage or its related term are showing as below:


SKGRW'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.


SK Growth Opportunities  (NAS:SKGRW) 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 .


SK Growth Opportunities Interest Coverage Related Terms


SK Growth Opportunities Interest Coverage Historical Data

* Premium members only.

The historical data trend for SK Growth Opportunities'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.

SK Growth Opportunities Interest Coverage Chart

SK Growth Opportunities Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Interest Coverage
No Debt No Debt N/A No Debt

SK Growth Opportunities Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A N/A N/A N/A No Debt

SKGRW vs IVCBF, BSII, SPKL: Interest Coverage Comparison

For the Shell Companies subindustry, SK Growth Opportunities'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.


SK Growth Opportunities Interest Coverage vs Diversified Financial Services Industry

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

* The bar in red indicates where SK Growth Opportunities's Interest Coverage falls into.


SKGRW
21GF Score
SK Growth Opportunities Corp SKGRW
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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SK Growth Opportunities 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.

SK Growth Opportunities'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, SK Growth Opportunities's Interest Expense was $0.00 Mil. Its Operating Income was $-2.44 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

SK Growth Opportunities had no debt (1).

SK Growth Opportunities's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, SK Growth Opportunities's Interest Expense was $0.00 Mil. Its Operating Income was $-0.31 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

SK Growth Opportunities 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?
SK Growth Opportunities (SKGRW) has a Interest Coverage of No Debt (1) as of Dec. 2024. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on SK Growth Opportunities and its competitors. This is 100% below median its historical median of 10,000.00. Over the past decade, SK Growth Opportunities' Interest Coverage has ranged from 10,000.00 to 10,000.00.
Is SK Growth Opportunities' Interest Coverage too high?
SK Growth Opportunities' 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, SK Growth Opportunities has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does SK Growth Opportunities' Interest Coverage compare to IVCBF and BSII?
SK Growth Opportunities' 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, SK Growth Opportunities' 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 367 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 SK Growth Opportunities 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. SK Growth Opportunities'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 SK Growth Opportunities stock overvalued right now?
SK Growth Opportunities (SKGRW) 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. SK Growth Opportunities' overall GF Score™ is 21/100 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 SK Growth Opportunities (SKGRW), the current Interest Coverage is No Debt (1) as of Dec. 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.

SK Growth Opportunities Business Description

Address 228 Park Avenue S, Suite 96693, New York, NY, USA, 10003
SK Growth Opportunities Corp is a blank check company. The company was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
21GF Score

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

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