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Eurosite Power (Eurosite Power) Interest Coverage : 0 (At Loss) (As of Jun. 2018)


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What is Eurosite Power 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. Eurosite Power's Operating Income for the three months ended in Jun. 2018 was $-0.42 Mil. Eurosite Power's Interest Expense for the three months ended in Jun. 2018 was $-0.01 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Eurosite Power's Interest Coverage or its related term are showing as below:


EUSP's Interest Coverage is not ranked *
in the Utilities - Regulated industry.
Industry Median: 3.775
* 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.


Eurosite Power Interest Coverage Historical Data

The historical data trend for Eurosite Power'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.

Eurosite Power Interest Coverage Chart

Eurosite Power Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Interest Coverage
Get a 7-Day Free Trial No Debt No Debt - - -

Eurosite Power Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Mar17 Jun17 Mar18 Jun18
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Eurosite Power's Interest Coverage

For the Utilities - Regulated Electric subindustry, Eurosite Power'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.


Eurosite Power's Interest Coverage Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Eurosite Power's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Eurosite Power's Interest Coverage falls into.



Eurosite Power 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.

Eurosite Power's Interest Coverage for the fiscal year that ended in Dec. 2015 is calculated as

Here, for the fiscal year that ended in Dec. 2015, Eurosite Power's Interest Expense was $-0.04 Mil. Its Operating Income was $-1.73 Mil. And its Long-Term Debt & Capital Lease Obligation was $4.54 Mil.

Eurosite Power did not have earnings to cover the interest expense.

Eurosite Power's Interest Coverage for the quarter that ended in Jun. 2018 is calculated as

Here, for the three months ended in Jun. 2018, Eurosite Power's Interest Expense was $-0.01 Mil. Its Operating Income was $-0.42 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.78 Mil.

Eurosite Power did not have earnings to cover the interest expense.

* 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.


Eurosite Power  (OTCPK:EUSP) 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 .


Eurosite Power Interest Coverage Related Terms

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


Eurosite Power (Eurosite Power) Business Description

Traded in Other Exchanges
N/A
Address
c/o Cooper Parry, Sky View, Argosy Road, East Midlands Airport, Castle Donington, Derby, GBR, DE74 2SA
Eurosite Power Inc owns and operates clean, on-site energy systems that produce electricity, hot water, heat, and cooling. Its solutions include equipment installation, as well as operation and ongoing maintenance. The company owns and operates the equipment that it installs at customers' facilities and sells the energy produced by its systems to the customers on a long-term contractual basis. It offers its on-site utility solutions to healthcare, hospitality, housing, and leisure centers. Geographically the business presence of the firm is seen in the region of Europe and the United Kingdom.
Executives
John Hatsopoulos other: No longer a 10% owner 85 FIRST AVENUE, WALTHAM MA 02451
Bonnie Jean Brown officer: CFO, Treasurer, and Secretary 97 FIFTY ACRE WAY, CARLISLE MA 01741
Ahmed Ghoniem director 45 FIRST AVENUE, WALTHAM MA 02451

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