VECA.U (Vernal Capital Acquisition) Interest Coverage: No Debt (1) (As of Apr. 2026) — 100% Below Median


VECA.U Vernal Capital Acquisition Corp VECA.U
11 GF Score
Price $10.80
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What is Vernal Capital Acquisition Interest Coverage?

Vernal Capital Acquisition VECA.U +0.56% 11 Interest Coverage is No Debt (1) as of Apr. 2026, which is 100% below its 10-year median of 10,000.00. GuruFocus rates VECA.U with a GF Score™ of 11/100. Among 389 Diversified Financial Services companies, Vernal Capital Acquisition 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. Vernal Capital Acquisition's Operating Income for the three months ended in Apr. 2026 was $0.00 Mil. Vernal Capital Acquisition's Interest Expense for the three months ended in Apr. 2026 was $0.00 Mil. Vernal Capital Acquisition 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 Vernal Capital Acquisition's Interest Coverage or its related term are showing as below:

VECA.U' s Interest Coverage Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt


VECA.U's Interest Coverage is ranked better than
99.49% of 389 companies
in the Diversified Financial Services industry
Industry Median: No Debt vs VECA.U: No Debt

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


Vernal Capital Acquisition  (NYSE:VECA.U) 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 .


Vernal Capital Acquisition Interest Coverage Related Terms


Vernal Capital Acquisition Interest Coverage Historical Data

* Premium members only.

The historical data trend for Vernal Capital 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.

Vernal Capital Acquisition Interest Coverage Chart

Vernal Capital Acquisition Annual Data
Trend Jul25
Interest Coverage
No Debt

Vernal Capital Acquisition Quarterly Data
Jul25 Oct25 Jan26 Apr26
Interest Coverage No Debt No Debt No Debt No Debt

VECA.U vs IPEX, PCSC, AFJK: Interest Coverage Comparison

For the Shell Companies subindustry, Vernal Capital 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.


Vernal Capital Acquisition Interest Coverage vs Diversified Financial Services Industry

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

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


VECA.U
11GF Score
Vernal Capital Acquisition Corp VECA.U
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Vernal Capital Acquisition 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.

Vernal Capital Acquisition's Interest Coverage for the fiscal year that ended in Jul. 2025 is calculated as

Here, for the fiscal year that ended in Jul. 2025, Vernal Capital Acquisition's Interest Expense was $0.00 Mil. Its Operating Income was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Vernal Capital Acquisition had no debt (1).

Vernal Capital Acquisition's Interest Coverage for the quarter that ended in Apr. 2026 is calculated as

Here, for the three months ended in Apr. 2026, Vernal Capital Acquisition's Interest Expense was $0.00 Mil. Its Operating Income was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Vernal Capital Acquisition 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?
Vernal Capital Acquisition (VECA.U) has a Interest Coverage of No Debt (1) as of Apr. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Vernal Capital Acquisition and its competitors. This is 100% below median its historical median of 10,000.00. Over the past decade, Vernal Capital Acquisition's Interest Coverage has ranged from 10,000.00 to 10,000.00. According to the industry distribution chart, Vernal Capital Acquisition ranks #2 out of 389 companies in the Diversified Financial Services industry, placing it in the top 0.5%.
Is Vernal Capital Acquisition's Interest Coverage too high?
Vernal Capital 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. Based on the distribution chart, Vernal Capital Acquisition ranks #2 out of 389 companies in the Diversified Financial Services industry, which is in the top quartile — a strong position relative to peers. Overall, Vernal Capital Acquisition has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Vernal Capital Acquisition's Interest Coverage compare to IPEX and PCSC?
According to the Diversified Financial Services industry distribution chart, Vernal Capital Acquisition ranks #2 out of 389 companies for Interest Coverage. This places Vernal Capital Acquisition in the top 1% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 10,000.00. Historically, Vernal Capital 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 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 Vernal Capital 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. Vernal Capital 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 Vernal Capital Acquisition stock overvalued right now?
Vernal Capital Acquisition (VECA.U) 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. Vernal Capital Acquisition's overall GF Score™ is 11/100. 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 Vernal Capital Acquisition (VECA.U), the current Interest Coverage is No Debt (1) as of Apr. 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.

Vernal Capital Acquisition Business Description

Other Exchanges VECA:USA
Address 1 Raffles Place No. 50-00, Singapore, SGP, 048616
Vernal Capital Acquisition Corp is a blank check company.
11GF Score

Get the complete analysis for VECA.U

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

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