GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Roth CH Acquisition III Co (NAS:ROCRU) » Definitions » Interest Coverage

Roth CH Acquisition III Co (Roth CH Acquisition III Co) Interest Coverage : No Debt (1) (As of Dec. 2019)


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

What is Roth CH Acquisition III Co 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. Roth CH Acquisition III Co's Operating Income for the six months ended in Dec. 2019 was $0.00 Mil. Roth CH Acquisition III Co's Interest Expense for the six months ended in Dec. 2019 was $0.00 Mil. Roth CH Acquisition III Co 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 Roth CH Acquisition III Co's Interest Coverage or its related term are showing as below:

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


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


Roth CH Acquisition III Co Interest Coverage Historical Data

The historical data trend for Roth CH Acquisition III Co'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.

Roth CH Acquisition III Co Interest Coverage Chart

Roth CH Acquisition III Co Annual Data
Trend Dec19 Dec20
Interest Coverage
No Debt No Debt

Roth CH Acquisition III Co Semi-Annual Data
Dec19 Dec20
Interest Coverage No Debt No Debt

Competitive Comparison of Roth CH Acquisition III Co's Interest Coverage

For the Shell Companies subindustry, Roth CH Acquisition III Co'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.


Roth CH Acquisition III Co's Interest Coverage Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Roth CH Acquisition III Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Roth CH Acquisition III Co's Interest Coverage falls into.



Roth CH Acquisition III Co 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.

Roth CH Acquisition III Co's Interest Coverage for the fiscal year that ended in Dec. 2019 is calculated as

Here, for the fiscal year that ended in Dec. 2019, Roth CH Acquisition III Co'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.

Roth CH Acquisition III Co had no debt (1).

Roth CH Acquisition III Co's Interest Coverage for the quarter that ended in Dec. 2019 is calculated as

Here, for the six months ended in Dec. 2019, Roth CH Acquisition III Co'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.

Roth CH Acquisition III Co 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.


Roth CH Acquisition III Co  (NAS:ROCRU) 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 .


Roth CH Acquisition III Co Interest Coverage Related Terms

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


Roth CH Acquisition III Co (Roth CH Acquisition III Co) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
888 San Clemente Drive, Suite 400, Newport Beach, CA, USA, 92660
Roth CH Acquisition III Co is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses.
Executives
Emanuel R Pearlman director 250 EAST 79TH STREET, NEW YORK NY 10075
Alan Jeffrey Carr director 8540 GANDER CREEK DRIVE, MIAMISBURG OH 45342
Matthew J. Mccolgan officer: Chief Financial Officer 475 SENTRY PARKWAY E, STE 200, BLUE BELL PA 19422
John A Kritzmacher director C/O GLOBAL CROSSING LIMITED, 200 PARK AVENUE, SUITE 300, FLORHAM PARK NJ 07932
Bruce E Roberson director 5416 HOLLY SPRINGS DR, HOUSTON TX 77056
Cielo Hernandez director C/O XL FLEET CORP., 145 NEWTON STREET, BOSTON MA 02135
Daniel Lafond director C/O QUALTEK SERVICES INC., 475 SENTRY PARKWAY E, SUITE 200, BLUE BELL PA 19422
Elizabeth Downey officer: Chief Administrative Officer 1777 SENTRY PARKWAY WEST, SUITE 302, BLUE BELL PA 19422
Raul A Deju director
Bcp Qualtek Investor Holdings, L.p. director, 10 percent owner 650 FIFTH AVENUE, 29TH FLOOR, NEW YORK NY 10019
Bcp Strategic Aiv Investor Holdings-2, L.p director, 10 percent owner C/O QUALTEK SERVICES INC., 475 SENTRY PARKWAY E, SUITE 200, BLUE BELL PA 19422
Bcp Aiv Investor Holdings-3, L.p director, 10 percent owner C/O QUALTEK SERVICES INC., 475 SENTRY PARKWAY E, SUITE 200, BLUE BELL PA 19422
Roger Warren Bulloch director C/O QUALTEK SERVICES INC., 475 SENTRY PARKWAY E, SUITE 200, BLUE BELL PA 19422
Renee Marie Noto director C/O QUALTEK SERVICES INC., 475 SENTRY PARKWAY E, SUITE 200, BLUE BELL PA 19422
Maha Eltobgy director C/O QUALTEK SERVICES INC., 475 SENTRY PARKWAY E, SUITE 200, BLUE BELL PA 19422