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Gevo (GEVO) Interest Coverage

: 0 (At Loss) (As of Dec. 2023)
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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. Gevo's Operating Income for the three months ended in Dec. 2023 was $-21.34 Mil. Gevo's Interest Expense for the three months ended in Dec. 2023 was $-0.55 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 Gevo's Interest Coverage or its related term are showing as below:


GEVO's Interest Coverage is not ranked *
in the Chemicals industry.
Industry Median: 9.71
* 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.


Gevo Interest Coverage Historical Data

The historical data trend for Gevo'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.

Gevo Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Gevo Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Interest Coverage 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 Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison

For the Specialty Chemicals subindustry, Gevo'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.


Gevo Interest Coverage Distribution

For the Chemicals industry and Basic Materials sector, Gevo's Interest Coverage distribution charts can be found below:

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



Gevo 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.

Gevo'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, Gevo's Interest Expense was $-2.16 Mil. Its Operating Income was $-81.84 Mil. And its Long-Term Debt & Capital Lease Obligation was $1.51 Mil.

Gevo did not have earnings to cover the interest expense.

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

Here, for the three months ended in Dec. 2023, Gevo's Interest Expense was $-0.55 Mil. Its Operating Income was $-21.34 Mil. And its Long-Term Debt & Capital Lease Obligation was $1.51 Mil.

Gevo 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.


Gevo  (NAS:GEVO) 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 .


Gevo Interest Coverage Related Terms

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


Gevo (GEVO) Business Description

Traded in Other Exchanges
Address
345 Inverness Drive South, Building C, Suite 310, Englewood, CO, USA, 80112
Gevo Inc is a renewable chemicals and biofuels company engaged in the development and commercialization of alternatives to petroleum-based products based on isobutanol produced from renewable feedstocks. Its operating segments are the Gevo segment, Renewable Natural Gas Segment, Net-Zero Segment and the Agri-Energy segment. By its segments, it is involved in research and development activities related to the future production of isobutanol, including the development of its biocatalysts, the production and sale of biojet fuel. Gevo Development/Agri-Energy is the key revenue-generating segment that involves the operation of the Luverne Facility and production of ethanol, isobutanol and related products.
Executives
Andrew Shafer officer: Chief Mktg Cust & Brnd Officer C/O GEVO, INC. 345 INVERNESS DRIVE SOUTH, BUILDING C, SUITE 310, ENGLEWOOD CO 80112
Alisher K Nurmat officer: VP and Controller C/O GEVO, INC. 345 INVERNESS DRIVE SOUTH, BUILDING C, SUITE 310, ENGLEWOOD CO 80112
Angelo Amorelli director C/O GEVO, INC. 345 INVERNESS DRIVE SOUTH, BUILDING C, SUITE 310, ENGLEWOOD CO 80112
Paul D Bloom officer: CCO & CIO C/O GEVO, INC. 345 INVERNESS DRIVE SOUTH, BUILDING C, SUITE 310, ENGLEWOOD CO 80112
Kimberly T Bowron officer: Chief People Officer C/O GEVO, INC. 345 INVERNESS DRIVE SOUTH, BUILDING C, SUITE 310, ENGLEWOOD CO 80112
Andrew Marsh director 968 ALBANY SHAKER ROAD, LATHAM NY 12110
Patrick R. Gruber director, officer: CEO & Director C/O GEVO, INC., 345 INVERNESS DR. SOUTH, BUILDING C, SUITE 310, ENGLEWOOD CO 80112
Christopher Michael Ryan officer: EVP, Business Development C/O GEVO, INC., 345 INVERNESS DR. SOUTH, BUILDING C, SUITE 310, ENGLEWOOD CO 80112
Timothy J Cesarek officer: Chief Commercial Officer 345 INVERNESS DRIVE SOUTH, BUILDING C, SUITE 310, ENGLEWOOD CO 80112
L Lynn Smull officer: Chief Financial Officer 345 INVERNESS DRIVE S, BLDG C, STE 310, ENGLEWOOD CO 80112
William H Baum director C/O DIVERSA CORP, 4955 DIRECTORS PLACE, SAN DIEGO CA 92121
Williams Geoffrey Thomas Jr. officer: General Counsel & Secretary 914 DAKOTA DRIVE, CASTLE ROCK CO 80108
Jaime Guillen director C/O GEVO, INC. 345 INVERNESS DRIVE SOUTH, BUILDING C, SUITE 310, ENGLEWOOD CO 80112
Carol Jane Battershell director 1600 NORTH OAK STREET, #918, ARLINGTON VA 22209
Gary W. Mize director GEVO, INC., 345 INVERNESS DRIVE SOUTH, BUILDING C, SUITE 310, ENGLEWOOD CO 80112