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Lifeline SPAC I (OHEL:LL1SPAC) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


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What is Lifeline SPAC I 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. Lifeline SPAC I's Operating Income for the six months ended in Dec. 2023 was €-0.69 Mil. Lifeline SPAC I's Interest Expense for the six months ended in Dec. 2023 was €-0.11 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Lifeline SPAC I's Interest Coverage or its related term are showing as below:


OHEL:LL1SPAC'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.


Lifeline SPAC I Interest Coverage Historical Data

The historical data trend for Lifeline SPAC 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.

Lifeline SPAC I Interest Coverage Chart

Lifeline SPAC I Annual Data
Trend Dec21 Dec22 Dec23
Interest Coverage
No Debt - -

Lifeline SPAC I Semi-Annual Data
Jun22 Dec22 Jun23 Dec23
Interest Coverage - - - -

Competitive Comparison of Lifeline SPAC I's Interest Coverage

For the Shell Companies subindustry, Lifeline SPAC 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.


Lifeline SPAC I's Interest Coverage Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Lifeline SPAC I's Interest Coverage falls into.



Lifeline SPAC 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.

Lifeline SPAC I's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Lifeline SPAC I's Interest Expense was €-0.60 Mil. Its Operating Income was €-1.43 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

Lifeline SPAC I did not have earnings to cover the interest expense.

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

Here, for the six months ended in Dec. 2023, Lifeline SPAC I's Interest Expense was €-0.11 Mil. Its Operating Income was €-0.69 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

Lifeline SPAC I did not have earnings to cover the interest expense.

* 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.


Lifeline SPAC I  (OHEL:LL1SPAC) 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 .


Lifeline SPAC I Interest Coverage Related Terms

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


Lifeline SPAC I (OHEL:LL1SPAC) Business Description

Traded in Other Exchanges
N/A
Address
Pursimiehenkatu 26 C, Helsinki, FIN, FI-00150
Lifeline SPAC I PLC is a Nordic special-purpose acquisition company that aims to identify and acquire an unlisted technology-focused nordic company with high growth potential.

Lifeline SPAC I (OHEL:LL1SPAC) Headlines

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