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Senior Connect Acquisition I (Senior Connect Acquisition I) Interest Coverage : No Debt (1) (As of Mar. 2023)


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What is Senior Connect Acquisition 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. Senior Connect Acquisition I's Operating Income for the three months ended in Mar. 2023 was $-1.14 Mil. Senior Connect Acquisition I's Interest Expense for the three months ended in Mar. 2023 was $0.00 Mil. Senior Connect Acquisition I 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 Senior Connect Acquisition I's Interest Coverage or its related term are showing as below:

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


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


Senior Connect Acquisition I Interest Coverage Historical Data

The historical data trend for Senior Connect 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.

Senior Connect Acquisition I Interest Coverage Chart

Senior Connect Acquisition I Annual Data
Trend Dec20 Dec21 Dec22
Interest Coverage
No Debt No Debt No Debt

Senior Connect Acquisition I Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Senior Connect Acquisition I's Interest Coverage

For the Shell Companies subindustry, Senior Connect 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.


Senior Connect Acquisition I's Interest Coverage Distribution in the Diversified Financial Services Industry

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

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



Senior Connect 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.

Senior Connect Acquisition I's Interest Coverage for the fiscal year that ended in Dec. 2022 is calculated as

Here, for the fiscal year that ended in Dec. 2022, Senior Connect Acquisition I's Interest Expense was $0.00 Mil. Its Operating Income was $-2.07 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Senior Connect Acquisition I had no debt (1).

Senior Connect Acquisition I's Interest Coverage for the quarter that ended in Mar. 2023 is calculated as

Here, for the three months ended in Mar. 2023, Senior Connect Acquisition I's Interest Expense was $0.00 Mil. Its Operating Income was $-1.14 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Senior Connect Acquisition I 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.


Senior Connect Acquisition I  (NAS:SNRHU) 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 .


Senior Connect Acquisition I Interest Coverage Related Terms

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


Senior Connect Acquisition I (Senior Connect Acquisition I) Business Description

Traded in Other Exchanges
N/A
Address
7114 East Stetson Drive, Suite 400, Scottsdale, AZ, USA, 85251
Website
Senior Connect Acquisition Corp I is a blank check company.
Executives
Louis M Bacon 10 percent owner 11 TIMES SQUARE, 39TH FLOOR, MOORE CAPITAL MANAGEMENT LP, NEW YORK NY 10036
Moore Capital Advisors Llc 10 percent owner 11 TIMES SQUARE, 39TH FLOOR, NEW YORK NY 10036
Moore Capital Management, Lp 10 percent owner 11 TIMES SQUARE, 39TH FLOOR, NEW YORK NY 10036
Mmf Lt, Llc 10 percent owner C/O MOORE CAPITAL MANAGEMENT, LP, 11 TIMES SQUARE, NEW YORK NY 10036
Moore Global Investments, Llc 10 percent owner C/O MOORE CAPITAL MANAGEMENT, LP, 11 TIMES SQUARE, NEW YORK NY 10036
Natasha Deckmann director 7114 EAST STETSON DRIVE, SUITE 400, SCOTTSDALE AZ 85251
Mark Thierer director DENTSPLY SIRONA INC, 221 W PHILADELPHIA ST, STE 60W, YORK PA 17401-2991
Richard T Burke officer: Chairman, CFO 3962 TOMAHAWK TRAIL, MEDINA MN 55340
Lee Shapiro director C/O ALLSCRIPTS HEALTCHARE SOLUTIONS, 2401 COMMERCE DR, LIBERTYVILLE IL 60048
Isaac Applbaum director, officer: President 65 CHALLENGER ROAD, C/O VECTOR INTERSECT SECURITY ACQ. CORP., RIDGEFILED PARK NJ 07660
Health Connect Acquisitions Holdings Llc director, 10 percent owner, other: *Director by Deputization 7114 EAST STETSON DRIVE, SUITE 400, SCOTTSDALE AZ 85251
Jeffrey Leerink director 7114 EAST STETSON DRIVE, SUITE 400, SCOTTSDALE AZ 85251
Ryan Matthew Burke director, officer: Chief Financial Officer 7114 EAST STETSON DRIVE, SUITE 400, SCOTTSDALE AZ 85251
Steven P Schwartz officer: Executive VP of M&A 7114 EAST STETSON DRIVE, SUITE 400, SCOTTSDALE AZ 85251