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DYCQ (DT Cloud Acquisition) Interest Coverage : No Debt (1) (As of Dec. 2023)


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What is DT Cloud 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. DT Cloud Acquisition's Operating Income for the three months ended in Dec. 2023 was $-0.09 Mil. DT Cloud Acquisition's Interest Expense for the three months ended in Dec. 2023 was $0.00 Mil. DT Cloud 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 DT Cloud Acquisition's Interest Coverage or its related term are showing as below:

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


DYCQ's Interest Coverage is ranked better than
99.7% of 334 companies
in the Diversified Financial Services industry
Industry Median: No Debt vs DYCQ: 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.


DT Cloud Acquisition Interest Coverage Historical Data

The historical data trend for DT Cloud 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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DT Cloud Acquisition Interest Coverage Chart

DT Cloud Acquisition Annual Data
Trend Dec22 Dec23
Interest Coverage
No Debt No Debt

DT Cloud Acquisition Quarterly Data
Jul22 Dec22 Dec23
Interest Coverage No Debt No Debt No Debt

Competitive Comparison of DT Cloud Acquisition's Interest Coverage

For the Shell Companies subindustry, DT Cloud 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.


DT Cloud Acquisition's Interest Coverage Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where DT Cloud Acquisition's Interest Coverage falls into.



DT Cloud 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.

DT Cloud Acquisition'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, DT Cloud Acquisition's Interest Expense was $0.00 Mil. Its Operating Income was $-0.09 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

DT Cloud Acquisition had no debt (1).

DT Cloud Acquisition's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, DT Cloud Acquisition's Interest Expense was $0.00 Mil. Its Operating Income was $-0.09 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

DT Cloud 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.


DT Cloud Acquisition  (NAS:DYCQ) 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 .


DT Cloud Acquisition Interest Coverage Related Terms

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


DT Cloud Acquisition Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
30 Orange Street, London, GBR, WC2H 7HF
Website
DT Cloud Acquisition Corp is a newly incorporated blank check company.

DT Cloud Acquisition Headlines