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KKR Acquisition Holdings I (KKR Acquisition Holdings I) Interest Coverage : No Debt (1) (As of Sep. 2022)


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What is KKR Acquisition Holdings 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. KKR Acquisition Holdings I's Operating Income for the three months ended in Sep. 2022 was $-1.65 Mil. KKR Acquisition Holdings I's Interest Expense for the three months ended in Sep. 2022 was $0.00 Mil. KKR Acquisition Holdings 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 KKR Acquisition Holdings I's Interest Coverage or its related term are showing as below:


KAHC'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.


KKR Acquisition Holdings I Interest Coverage Historical Data

The historical data trend for KKR Acquisition Holdings 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.

KKR Acquisition Holdings I Interest Coverage Chart

KKR Acquisition Holdings I Annual Data
Trend Dec21
Interest Coverage
No Debt

KKR Acquisition Holdings I Quarterly Data
Jan21 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 KKR Acquisition Holdings I's Interest Coverage

For the Shell Companies subindustry, KKR Acquisition Holdings 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.


KKR Acquisition Holdings I's Interest Coverage Distribution in the Diversified Financial Services Industry

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

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



KKR Acquisition Holdings 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.

KKR Acquisition Holdings I'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, KKR Acquisition Holdings I's Interest Expense was $0.00 Mil. Its Operating Income was $-2.91 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

KKR Acquisition Holdings I had no debt (1).

KKR Acquisition Holdings I's Interest Coverage for the quarter that ended in Sep. 2022 is calculated as

Here, for the three months ended in Sep. 2022, KKR Acquisition Holdings I's Interest Expense was $0.00 Mil. Its Operating Income was $-1.65 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

KKR Acquisition Holdings 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.


KKR Acquisition Holdings I  (OTCPK:KAHC) 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 .


KKR Acquisition Holdings I Interest Coverage Related Terms

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KKR Acquisition Holdings I (KKR Acquisition Holdings I) Business Description

Traded in Other Exchanges
N/A
Address
30 Hudson Yards, Suite 7500, New York, NY, USA, 10001
Website
KKR Acquisition Holdings I Corp is a blank check company.
Executives
Stephanie Plaines director 200 E. RANDOLPH DRIVE, CHICAGO IL 60601
Meghan Frank director C/O LULULEMON ATHLETICA INC., 1818 CORNWALL AVENUE, VANCOUVER A1 V6J 1C7
Paul E Raether director C/O IDEX CORP, 630 DUNDEE ROAD, NORTHBROOK IL 60062
Kimberly A. Ross director C/O AVON PRODUCTS,INC., 1345 AVENUE OF THE AMERICAS`, NEW YORK NY 10105-0196
Glenn Murphy director, officer: CEO & Executive Chairman C/O LULULEMON ATHLETICA INC., 1818 CORNWALL AVENUE, VANCOUVER A1 V6J1C7
Paula Campbell Roberts director 30 HUDSON YARDS, SUITE 7500, NEW YORK NY 10001

KKR Acquisition Holdings I (KKR Acquisition Holdings I) Headlines