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Crescera Capital Acquisition (Crescera Capital Acquisition) Interest Coverage : No Debt (1) (As of Sep. 2023)


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What is Crescera Capital Acquisition 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. Crescera Capital Acquisition's Operating Income for the three months ended in Sep. 2023 was $-0.19 Mil. Crescera Capital Acquisition's Interest Expense for the three months ended in Sep. 2023 was $0.00 Mil. Crescera Capital Acquisition 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 Crescera Capital Acquisition's Interest Coverage or its related term are showing as below:

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


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


Crescera Capital Acquisition Interest Coverage Historical Data

The historical data trend for Crescera Capital Acquisition'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.

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Crescera Capital Acquisition Interest Coverage Chart

Crescera Capital Acquisition Annual Data
Trend Dec21 Dec22
Interest Coverage
No Debt No Debt

Crescera Capital Acquisition Quarterly Data
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 No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Crescera Capital Acquisition's Interest Coverage

For the Shell Companies subindustry, Crescera Capital Acquisition'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.


Crescera Capital Acquisition's Interest Coverage Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Crescera Capital Acquisition's Interest Coverage falls into.



Crescera Capital Acquisition 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.

Crescera Capital Acquisition'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, Crescera Capital Acquisition's Interest Expense was $0.00 Mil. Its Operating Income was $-0.74 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Crescera Capital Acquisition had no debt (1).

Crescera Capital Acquisition's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Here, for the three months ended in Sep. 2023, Crescera Capital Acquisition's Interest Expense was $0.00 Mil. Its Operating Income was $-0.19 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Crescera Capital Acquisition 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.


Crescera Capital Acquisition  (OTCPK:CREEF) 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 .


Crescera Capital Acquisition Interest Coverage Related Terms

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


Crescera Capital Acquisition (Crescera Capital Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
Rua Aníbal de Mendonca, 27, 2nd floor, Rio de Janeiro, RJ, BRA, 22410-050
Crescera Capital Acquisition Corp is a blank check company.
Executives
Bank Of America Corp /de/ other: Former 10% Owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Bofa Securities, Inc. other: Former 10% Owner 100 N TRYON ST, NC1-007-14-30, CHARLOTTE NC 28255
Wolverine Asset Management Llc 10 percent owner 175 WEST JACKSON, SUITE 340, CHICAGO IL 60604
Pavarina Denise Pauli director C/O CRESCERA CAPITAL ACQUISITION CORP., RUA ANIBAL DE MENDONCA, 27, 2ND FLOOR,, RIO DE JANEIRO, RJ D5 2410-050
Danvila Jaime Cardoso director C/O CRESCERA CAPITAL ACQUISITION CORP., RUA ANIBAL DE MENDONCA, 27, 2ND FLOOR,, RIO DE JANEIRO, RJ D5 2410-050
Daniel Arthur Borghi director C/O CRESCERA CAPITAL ACQUISITION CORP., RUA ANIBAL DE MENDONCA, 27, 2ND FLOOR,, RIO DE JANEIRO, RJ D5 2410-050
Cc Sponsor Llc 10 percent owner RUA ANIBAL DE MENDONCA, 27, 2ND FLOOR, RIO DE JANEIRO, RJ D5 22410-050
Carvalho Laura Guarana officer: Chief Financial Officer C/O CRESCERA CAPITAL ACQUISITION CORP., RUA ANIBAL DE MENDONCA, 27, 2ND FLOOR,, RIO DE JANEIRO, RJ D5 2410-050
Sadir Prieto Rossana Isabel director C/O CRESCERA CAPITAL ACQUISITION CORP., RUA ANIBAL DE MENDONCA, 27, 2ND FLOOR,, RIO DE JANEIRO, RJ D5 2410-050
Felipe Samuel Argalji officer: Chief Executive Officer C/O CRESCERA CAPITAL ACQUISITION CORP., RUA ANIBAL DE MENDONCA, 27, 2ND FLOOR,, RIO DE JANEIRO, RJ D5 2410-050
Dias Fonseca Da Silva Flavio director C/O CRESCERA CAPITAL ACQUISITION CORP., RUA ANIBAL DE MENDONCA, 27, 2ND FLOOR, RIO DE JANEIRO D5 22410-050