GURUFOCUS.COM » STOCK LIST » Technology » Software » Zapata Computing Holdings Inc (NAS:ZPTA) » Definitions » Interest Coverage

Zapata Computing Holdings (Zapata Computing Holdings) Interest Coverage : N/A (As of Dec. 2023)


View and export this data going back to 2024. Start your Free Trial

What is Zapata Computing Holdings 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. Zapata Computing Holdings's Operating Income for the six months ended in Dec. 2023 was $-8.88 Mil. Zapata Computing Holdings's Interest Expense for the six months ended in Dec. 2023 was $0.00 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Zapata Computing Holdings's Interest Coverage or its related term are showing as below:


ZPTA's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 29.25
* 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.


Zapata Computing Holdings Interest Coverage Historical Data

The historical data trend for Zapata Computing Holdings'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.

Zapata Computing Holdings Interest Coverage Chart

Zapata Computing Holdings Annual Data
Trend Dec21 Dec22 Dec23
Interest Coverage
No Debt N/A N/A

Zapata Computing Holdings Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Interest Coverage No Debt No Debt N/A N/A N/A

Competitive Comparison of Zapata Computing Holdings's Interest Coverage

For the Software - Infrastructure subindustry, Zapata Computing Holdings'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.


Zapata Computing Holdings's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, Zapata Computing Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Zapata Computing Holdings's Interest Coverage falls into.



Zapata Computing Holdings 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.

Zapata Computing Holdings'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, Zapata Computing Holdings's Interest Expense was $0.00 Mil. Its Operating Income was $-18.11 Mil. And its Long-Term Debt & Capital Lease Obligation was $8.90 Mil.

GuruFocus does not calculate Zapata Computing Holdings's interest coverage with the available data.

Zapata Computing Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, Zapata Computing Holdings's Interest Expense was $0.00 Mil. Its Operating Income was $-8.88 Mil. And its Long-Term Debt & Capital Lease Obligation was $8.90 Mil.

GuruFocus does not calculate Zapata Computing Holdings's interest coverage with the available data.

* 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.


Zapata Computing Holdings  (NAS:ZPTA) 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 .


Zapata Computing Holdings Interest Coverage Related Terms

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


Zapata Computing Holdings (Zapata Computing Holdings) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
100 Federal Street, Floor 20, Boston, MA, USA, 02110
Zapata Computing Holdings Inc is an Industrial Generative AI software company that develops generative AI applications and provides accompanying services to solve complex industrial problems. Its computational approaches leverage the statistical advantages of math based on quantum physics. Its primary target customers are enterprise organizations. It offers subscription-based solutions that combine software and services to develop custom Industrial Generative AI applications designed to resolve its enterprise customers' specific problems.

Zapata Computing Holdings (Zapata Computing Holdings) Headlines