GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Amprius Technologies Inc (NYSE:AMPX) » Definitions » Interest Coverage

Amprius Technologies (Amprius Technologies) Interest Coverage : N/A (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Amprius Technologies 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. Amprius Technologies's Operating Income for the three months ended in Mar. 2024 was $-10.32 Mil. Amprius Technologies's Interest Expense for the three months ended in Mar. 2024 was $0.00 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

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


AMPX'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.


Amprius Technologies Interest Coverage Historical Data

The historical data trend for Amprius Technologies'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.

Amprius Technologies Interest Coverage Chart

Amprius Technologies Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Interest Coverage
- - N/A N/A

Amprius Technologies Quarterly Data
Dec20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A N/A N/A N/A N/A

Competitive Comparison of Amprius Technologies's Interest Coverage

For the Electrical Equipment & Parts subindustry, Amprius Technologies'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.


Amprius Technologies's Interest Coverage Distribution in the Industrial Products Industry

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

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



Amprius Technologies 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.

Amprius Technologies'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, Amprius Technologies's Interest Expense was $0.00 Mil. Its Operating Income was $-38.71 Mil. And its Long-Term Debt & Capital Lease Obligation was $34.48 Mil.

GuruFocus does not calculate Amprius Technologies's interest coverage with the available data.

Amprius Technologies's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Amprius Technologies's Interest Expense was $0.00 Mil. Its Operating Income was $-10.32 Mil. And its Long-Term Debt & Capital Lease Obligation was $34.99 Mil.

GuruFocus does not calculate Amprius Technologies's interest coverage with the available data.

* 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.


Amprius Technologies  (NYSE:AMPX) 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 .


Amprius Technologies Interest Coverage Related Terms

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


Amprius Technologies (Amprius Technologies) Business Description

Traded in Other Exchanges
N/A
Address
1180 Page Avenue, Fremont, CA, USA, 94538
Amprius Technologies Inc is engaged in the production of silicon anodes for high energy density lithium-ion batteries. The company's batteries are primarily used for existing and emerging aviation applications, including unmanned aerial systems, such as drones and high-altitude pseudo satellites.
Executives
Jonathan Bornstein officer: Chief Operating Officer 1180 PAGE AVENUE, FREMONT CA 94538
Amprius, Inc. 10 percent owner 1180 PAGE AVENUE, FREMONT CA 94538
Justin E Mirro director, 10 percent owner, officer: See Remarks 40300 TRADITIONS DRIVE, NORTHVILLE MI 48168
Stefan Constantin Ionel officer: Chief Technology Officer 1180 PAGE AVENUE, FREMONT CA 94538
Mary Gustanski director C/O DELPHI TECHNOLOGIES PLC, COURTENEY ROAD HOATH WAY, GILLINGHAM, KENT X0 X0 ME8 0RU
Kathleen A Bayless director 1251 MCKAY DRIVE, SAN JOSE CA 95131
Donald R Dixon director 400 S EL CAMINO REAL SUITE 1050, SAN MATEO CA 94402
Sandra Wallach officer: Chief Financial Officer C/O IDENTIV,INC.,2201 WALNUT AVENUE,, SUITE 310, FREMONT CA 94538
Steven Chu director NVIDIA CORPORATION, 2701 SAN TOMAS EXPRESSWAY, SANTA CLARA CA 95050
Kang Sun director, officer: See Remarks 1180 PAGE AVENUE, FREMONT CA 94538
Wen Hsuan Hsieh director C/O DESKTOP METAL, INC., 63 THIRD AVENUE, BURLINGTON MA 01803
Anders Pettersson director CARITASGATAN 23A, LIMHAMN V7 216 18
Dieter Zetsche officer: Vice Chairman and President ROSENGARTENSTR. 48, STUTTGART 2M 70184
Kensington Capital Sponsor Iv Llc 10 percent owner 1400 OLD COUNTRY ROAD, SUITE 301, WESTBURY NY 11590
Nicole Nason director 17 PIONEER MILL WAY, ALEXANDRIA VA 22314