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Active Energy Group (STU:BZH) Interest Coverage : 0 (At Loss) (As of Jun. 2023)


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What is Active Energy Group 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. Active Energy Group's Operating Income for the six months ended in Jun. 2023 was €-1.48 Mil. Active Energy Group's Interest Expense for the six months ended in Jun. 2023 was €-0.00 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 Active Energy Group's Interest Coverage or its related term are showing as below:


STU:BZH's Interest Coverage is not ranked *
in the Industrial Products industry.
Industry Median: 13.77
* 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.


Active Energy Group Interest Coverage Historical Data

The historical data trend for Active Energy Group'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.

Active Energy Group Interest Coverage Chart

Active Energy Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Coverage
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Active Energy Group Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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Competitive Comparison of Active Energy Group's Interest Coverage

For the Pollution & Treatment Controls subindustry, Active Energy Group'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.


Active Energy Group's Interest Coverage Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Active Energy Group's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Active Energy Group's Interest Coverage falls into.



Active Energy Group 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.

Active Energy Group'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, Active Energy Group's Interest Expense was €-0.00 Mil. Its Operating Income was €-2.70 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.13 Mil.

Active Energy Group did not have earnings to cover the interest expense.

Active Energy Group's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Here, for the six months ended in Jun. 2023, Active Energy Group's Interest Expense was €-0.00 Mil. Its Operating Income was €-1.48 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.12 Mil.

Active Energy Group 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.


Active Energy Group  (STU:BZH) 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 .


Active Energy Group Interest Coverage Related Terms

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


Active Energy Group (STU:BZH) Business Description

Traded in Other Exchanges
Address
27- 28 Eastcastle Street, London, GBR, W1W 8DH
Active Energy Group PLC is engaged in renewable energy, engineering soils, and forestry management business. Its activities are the development and commercialization of low-cost biomass into renewable energy pellet products as well as the development of timber resources to work with each biomass energy project. Its operating segment includes Wood processing, CoalSwitch, and Corporate & others. It generates maximum revenue from the CoalSwitch/PeatSwitch segment. Geographically, it derives its revenue from the USA and has a presence in Switzerland.

Active Energy Group (STU:BZH) Headlines

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