Armada Acquisition I (Armada Acquisition I) Interest Coverage

: 0 (At Loss) (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

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. Armada Acquisition I's Operating Income for the three months ended in Dec. 2023 was $-0.62 Mil. Armada Acquisition I's Interest Expense for the three months ended in Dec. 2023 was $-0.01 Mil. did not have earnings to cover the interest expense. 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 Armada Acquisition I's Interest Coverage or its related term are showing as below:

AACIU'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.

Armada Acquisition I Interest Coverage Historical Data

The historical data trend for Armada Acquisition I'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.

* Premium members only.

Armada Acquisition I Annual Data

Trend

Sep21

Sep22

Sep23

Interest Coverage

No Debt

Armada Acquisition I Quarterly Data
	Jan21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Coverage	Get a 7-Day Free Trial							No Debt	No Debt	No Debt	No Debt	-

Competitive Comparison

For the Shell Companies subindustry, Armada Acquisition I'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.

Armada Acquisition I Interest Coverage Distribution

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

* The bar in red indicates where Armada Acquisition I's Interest Coverage falls into.

Armada Acquisition I 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.

Armada Acquisition I's Interest Coverage for the fiscal year that ended in Sep. 2023 is calculated as

Here, for the fiscal year that ended in Sep. 2023, Armada Acquisition I's Interest Expense was $0.00 Mil. Its Operating Income was $-2.79 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Armada Acquisition I had no debt ⁽¹⁾.

Armada Acquisition I's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Armada Acquisition I's Interest Expense was $-0.01 Mil. Its Operating Income was $-0.62 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Armada Acquisition I did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's Financial Strength is.

Armada Acquisition I (NAS:AACIU) 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 .

Armada Acquisition I Interest Coverage Related Terms

Thank you for viewing the detailed overview of Armada Acquisition I's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.