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Decarbonization Plus Acquisition IV (Decarbonization Plus Acquisition IV) Interest Coverage : No Debt (1) (As of Sep. 2022)


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What is Decarbonization Plus Acquisition IV 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. Decarbonization Plus Acquisition IV's Operating Income for the three months ended in Sep. 2022 was $-3.48 Mil. Decarbonization Plus Acquisition IV's Interest Expense for the three months ended in Sep. 2022 was $0.00 Mil. Decarbonization Plus Acquisition IV has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Decarbonization Plus Acquisition Corp IV has enough cash to cover all of its debt. Its financial situation is stable.

(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 Decarbonization Plus Acquisition IV's Interest Coverage or its related term are showing as below:

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


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


Decarbonization Plus Acquisition IV Interest Coverage Historical Data

The historical data trend for Decarbonization Plus Acquisition IV'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.

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Decarbonization Plus Acquisition IV Interest Coverage Chart

Decarbonization Plus Acquisition IV Annual Data
Trend Dec21
Interest Coverage
No Debt

Decarbonization Plus Acquisition IV Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Interest Coverage Get a 7-Day Free Trial No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Decarbonization Plus Acquisition IV's Interest Coverage

For the Shell Companies subindustry, Decarbonization Plus Acquisition IV'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.


Decarbonization Plus Acquisition IV's Interest Coverage Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Decarbonization Plus Acquisition IV's Interest Coverage falls into.



Decarbonization Plus Acquisition IV 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.

Decarbonization Plus Acquisition IV's Interest Coverage for the fiscal year that ended in Dec. 2021 is calculated as

Here, for the fiscal year that ended in Dec. 2021, Decarbonization Plus Acquisition IV'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.

Decarbonization Plus Acquisition IV had no debt (1).

Decarbonization Plus Acquisition IV's Interest Coverage for the quarter that ended in Sep. 2022 is calculated as

Here, for the three months ended in Sep. 2022, Decarbonization Plus Acquisition IV's Interest Expense was $0.00 Mil. Its Operating Income was $-3.48 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Decarbonization Plus Acquisition IV 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.


Decarbonization Plus Acquisition IV  (NAS:DCRDU) 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 .


Decarbonization Plus Acquisition IV Interest Coverage Related Terms

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


Decarbonization Plus Acquisition IV (Decarbonization Plus Acquisition IV) Business Description

Traded in Other Exchanges
N/A
Address
2744 Sand Hill Road, Suite 100, Menlo Park, CA, USA, 94025
Decarbonization Plus Acquisition Corp IV is a blank check company.

Decarbonization Plus Acquisition IV (Decarbonization Plus Acquisition IV) Headlines