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Anzu Special Acquisition I (Anzu Special Acquisition I) Interest Coverage : No Debt (1) (As of Jun. 2023)


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What is Anzu Special 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. Anzu Special Acquisition I's Operating Income for the three months ended in Jun. 2023 was $-0.10 Mil. Anzu Special Acquisition I's Interest Expense for the three months ended in Jun. 2023 was $0.00 Mil. Anzu Special 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 Anzu Special Acquisition I's Interest Coverage or its related term are showing as below:

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


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


Anzu Special Acquisition I Interest Coverage Historical Data

The historical data trend for Anzu Special 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.

Anzu Special Acquisition I Interest Coverage Chart

Anzu Special Acquisition I Annual Data
Trend Dec20 Dec21 Dec22
Interest Coverage
No Debt No Debt No Debt

Anzu Special Acquisition I Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Anzu Special Acquisition I's Interest Coverage

For the Shell Companies subindustry, Anzu Special 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.


Anzu Special Acquisition I's Interest Coverage Distribution in the Diversified Financial Services Industry

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

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



Anzu Special 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.

Anzu Special 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, Anzu Special Acquisition I's Interest Expense was $0.00 Mil. Its Operating Income was $-4.89 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Anzu Special Acquisition I had no debt (1).

Anzu Special Acquisition I's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Here, for the three months ended in Jun. 2023, Anzu Special Acquisition I's Interest Expense was $0.00 Mil. Its Operating Income was $-0.10 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Anzu Special 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.


Anzu Special Acquisition I  (NAS:ANZUU) 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 .


Anzu Special Acquisition I Interest Coverage Related Terms

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


Anzu Special Acquisition I (Anzu Special Acquisition I) Business Description

Traded in Other Exchanges
N/A
Address
12610 Race Track Road, Suite 250, Tampa, FL, USA, 33626
Anzu Special Acquisition Corp I is a blank check company.
Executives
Charles Brynelsen director 100 ABBOTT PARK ROAD, ABBOTT PARK IL 60064
Mona Chetan Patel director C/O 4875 WHITE BEAR LAKE PARKWAY, WHITE BEAR LAKE MN 55110
Janis Smith-gomez director C/O 4875 WHITE BEAR PARKWAY, WHITE BEAR LAKE MN 55110
Brent T. Lucas director, officer: Chief Executive Officer C/O 4875 WHITE BEAR PARKWAY, WHITE BEAR LAKE MN 55110
David R. Wells officer: Chief Financial Officer 2801 OCEAN PARK BLVD., SUITE 339, SANTA MONICA CA 90405
Glen A Taylor director, 10 percent owner C/O TAYLOR CORP, 1725 ROE CREST DR, N MANKALO MN 56002
Plc Barclays 10 percent owner 1 CHURCHILL PLACE, CANARY WHARF, LONDON X0 E14 5HP
Atlas Merchant Capital Llc 10 percent owner 477 MADISON AVENUE, 22ND FLOOR, NEW YORK NY 10022
Daniel J. Hirsch director, officer: CFO and Corporate Secretary 748 DIAMOND STREET, SAN FRANCISCO CA 94114
Diane L Dewbrey director FIFTH THIRD BANCORP, 38 FOUNTAIN SQ PLZ, CINCINNATI OH 45263
Peter Ganz officer: GC and Corporate Secretary C/O FOSTER WHEELER LTD., PERRYVILLE CORPORATE PARK, CLINTON NJ 08809-4000
Teresa A Harris director 1820 E BIG BEAVER RD, TROY MI 48083
Susan Kantor director C/O LIONBRIDGE TECHNOLOGIES, INC., 1050 WINTER STREET, SUITE 2300, WALTHAM MA 02451
Anzu Spac Gp I Llc 10 percent owner 12610 RACE TRACT ROAD, SUITE 250, TAMPA FL 33626
Whitney Haring-smith director, officer: Chief Executive Officer 12610 RACE TRACT ROAD, SUITE 250, TAMPA FL 33626