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B Riley Principal Merger II (B Riley Principal Merger II) Interest Coverage : 0 (At Loss) (As of . 20)


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What is B Riley Principal Merger II Interest Coverage?

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. B Riley Principal Merger II's Operating Income for the six months ended in . 20 was $0.00 Mil. B Riley Principal Merger II's Interest Expense for the six months ended in . 20 was $0.00 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 B Riley Principal Merger II's Interest Coverage or its related term are showing as below:

BMRG.U' s Interest Coverage Range Over the Past 10 Years
Min: 0   Med: 0   Max: No Debt
Current: No Debt

BMRG.U's Interest Coverage is not ranked
in the Diversified Financial Services industry.
Industry Median: No Debt vs BMRG.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.

B Riley Principal Merger II Interest Coverage Historical Data

The historical data trend for B Riley Principal Merger II'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.

B Riley Principal Merger II Interest Coverage Chart

B Riley Principal Merger II Annual Data
Trend Dec19
Interest Coverage
No Debt

B Riley Principal Merger II Semi-Annual Data
Dec19
Interest Coverage No Debt

Competitive Comparison of B Riley Principal Merger II's Interest Coverage

For the Shell Companies subindustry, B Riley Principal Merger II'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.

B Riley Principal Merger II's Interest Coverage Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, B Riley Principal Merger II's Interest Coverage distribution charts can be found below:

* The bar in red indicates where B Riley Principal Merger II's Interest Coverage falls into.


B Riley Principal Merger II 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.

B Riley Principal Merger II's Interest Coverage for the fiscal year that ended in . 20 is calculated as

Here, for the fiscal year that ended in . 20, B Riley Principal Merger II'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.

B Riley Principal Merger II had no debt (1).

B Riley Principal Merger II's Interest Coverage for the quarter that ended in . 20 is calculated as

Here, for the six months ended in . 20, B Riley Principal Merger II'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.

B Riley Principal Merger II 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.

B Riley Principal Merger II  (NYSE:BMRG.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 .

B Riley Principal Merger II Interest Coverage Related Terms

Thank you for viewing the detailed overview of B Riley Principal Merger II's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.

B Riley Principal Merger II (B Riley Principal Merger II) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » B Riley Principal Merger Corp II (NYSE:BMRG.U) » Definitions » Interest Coverage
Comparable Companies
Traded in Other Exchanges
N/A
Address
299 Park Avenue, 21st Floor, New York, NY, USA, 10171
Website
https://www.brileyfin.com
B Riley Principal Merger Corp II is a blank check company.
Executives
B. Riley Financial, Inc. 10 percent owner 11100 SANTA MONICA BLVD, SUITE 800, LOS ANGELES CA 90025
B. Riley Principal Investments, Llc 10 percent owner 11100 SANTA MONICA BLVD., SUITE 800, LOS ANGELES CA 90025
B. Riley Principal Sponsor Co. Ii, Llc 10 percent owner 299 PARK AVENUE, 21ST FLOOR, NEW YORK NY 10171
Brc Partners Opportunity Fund, Lp 10 percent owner 11100 SANTA MONICA BLVD. SUITE 800, LOS ANGELES CA 90025
B. Riley Capital Management, Llc 10 percent owner 11100 SANTA MONICA BLVD., SUITE 800, LOS ANGELES CA 90025
Brc Partners Management Gp, Llc 10 percent owner 11100 SANTA MONICA BLVD SUITE 800, LOS ANGELES CA 90025
Kenneth M Young director C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD., SUITE 400, WOODLAND HILLS CA 91367
Bartels Patrick J Jr director C/O WCI COMMUNITIES, INC., 24301 WALDEN CENTER DRIVE, BONITA SPRINGS FL 34134
Bryant R Riley director C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD, SUITE 400, WOODLAND HILLS CA 91367
Robert Suss director 10 CHURCH MOUNT, LONDON X0 N2 0RP
Daniel Shribman director, officer: CEO and CFO 299 PARK AVENUE, NEW YORK NY 10171
James L Kempner director C/O LAZARD FRERES & CO. LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10020
Timothy M. Presutti director 2802 TIMMONS LANE #27440, HOUSTON TX 77227