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Catcha Investment (Catcha Investment) Interest Coverage : No Debt (1) (As of Sep. 2023)


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What is Catcha Investment 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. Catcha Investment's Operating Income for the three months ended in Sep. 2023 was $-4.10 Mil. Catcha Investment's Interest Expense for the three months ended in Sep. 2023 was $0.00 Mil. Catcha Investment 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 Catcha Investment's Interest Coverage or its related term are showing as below:

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


CHAA.U's Interest Coverage is ranked better than
99.76% of 418 companies
in the Diversified Financial Services industry
Industry Median: No Debt vs CHAA.U: 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.


Catcha Investment Interest Coverage Historical Data

The historical data trend for Catcha Investment'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.

Catcha Investment Interest Coverage Chart

Catcha Investment Annual Data
Trend Dec20 Dec21 Dec22
Interest Coverage
No Debt No Debt No Debt

Catcha Investment Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Catcha Investment's Interest Coverage

For the Shell Companies subindustry, Catcha Investment'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.


Catcha Investment's Interest Coverage Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Catcha Investment's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Catcha Investment's Interest Coverage falls into.



Catcha Investment 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.

Catcha Investment'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, Catcha Investment's Interest Expense was $0.00 Mil. Its Operating Income was $-1.23 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Catcha Investment had no debt (1).

Catcha Investment's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Here, for the three months ended in Sep. 2023, Catcha Investment's Interest Expense was $0.00 Mil. Its Operating Income was $-4.10 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Catcha Investment 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.


Catcha Investment  (NYSE:CHAA.U) 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 .


Catcha Investment Interest Coverage Related Terms

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


Catcha Investment (Catcha Investment) Business Description

Traded in Other Exchanges
Address
8 Temasek Boulevard, Level 42, Suntec Tower Three, Singapore, SGP, 038988
Catcha Investment Corp is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses.
Executives
Jeffrey A Altman 10 percent owner 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Owl Creek Asset Management, L.p. 10 percent owner 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
James A Graf director 1450 2ND STREET, SUITE 247, SANTA MONICA CA 90401
Catcha Holdings Llc 10 percent owner 45-7 THE BOULEVARD, MID VALLEY CITY, KUALA LUMPUR N8 592005
Richard Alan Hess director C/O CATCHA INVESTMENT, 45-7 THE BOULEVARD, MID VALLEY CITY, KUALA LUMPUR N8 592005
Patrick Grove director, 10 percent owner, officer: Chief Executive Officer C/O CATCHA INVESTMENT, 45-7 THE BOULEVARD, MID VALLEY CITY, KUALA LUMPUR N8 592005
Lucas Robert Elliott director, 10 percent owner, officer: President C/O CATCHA INVESTMENT, 45-7 THE BOULEVARD, MID VALLEY CITY, KUALA LUMPUR N8 592005
Wai Kit Wong officer: Chief Financial Officer C/O CATCHA INVESTMENTS, 45-7 THE BOULEVARD, MID VALLEY CITY, KUALA LUMPUR N8 592005