AD4 Capital (TSXV:ADJ.P) Interest Coverage : No Debt ⁽¹⁾ (As of Apr. 2025)

AD4 Capital Interest Coverage Chart

AD4 Capital Quarterly Data
	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25	Apr25
Interest Coverage	Get a 7-Day Free Trial										No Debt	No Debt	-	-	No Debt

Competitive Comparison of AD4 Capital's Interest Coverage

For the Shell Companies subindustry, AD4 Capital'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.

AD4 Capital's Interest Coverage Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, AD4 Capital's Interest Coverage distribution charts can be found below:

* The bar in red indicates where AD4 Capital's Interest Coverage falls into.

AD4 Capital 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

Else if Interest Expense is negative and Operating Income is negative, then

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

AD4 Capital's Interest Coverage for the fiscal year that ended in Oct. 2024 is calculated as

Here, for the fiscal year that ended in Oct. 2024, AD4 Capital's Interest Expense was C$-0.00 Mil. Its Operating Income was C$-0.11 Mil. And its Long-Term Debt & Capital Lease Obligation was C$0.00 Mil.

AD4 Capital's Interest Coverage for the quarter that ended in Apr. 2025 is calculated as

Here, for the three months ended in Apr. 2025, AD4 Capital's Interest Expense was C$0.00 Mil. Its Operating Income was C$-0.04 Mil. And its Long-Term Debt & Capital Lease Obligation was C$0.00 Mil.

* 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.

AD4 Capital  (TSXV:ADJ.P) 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 .

AD4 Capital Interest Coverage Related Terms

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AD4 Capital Business Description