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American Power Group (American Power Group) Interest Coverage : 0 (At Loss) (As of Jun. 2017)


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What is American Power 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. American Power Group's Operating Income for the three months ended in Jun. 2017 was $-1.83 Mil. American Power Group's Interest Expense for the three months ended in Jun. 2017 was $-0.33 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 American Power Group's Interest Coverage or its related term are showing as below:


APGI's Interest Coverage is not ranked *
in the Industrial Products industry.
Industry Median: 13.58
* 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.


American Power Group Interest Coverage Historical Data

The historical data trend for American Power 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.

American Power Group Interest Coverage Chart

American Power Group Annual Data
Trend Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16
Interest Coverage
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American Power Group Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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Competitive Comparison of American Power Group's Interest Coverage

For the Specialty Industrial Machinery subindustry, American Power 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.


American Power Group's Interest Coverage Distribution in the Industrial Products Industry

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

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



American Power 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.

American Power Group's Interest Coverage for the fiscal year that ended in Sep. 2016 is calculated as

Here, for the fiscal year that ended in Sep. 2016, American Power Group's Interest Expense was $-2.36 Mil. Its Operating Income was $-5.28 Mil. And its Long-Term Debt & Capital Lease Obligation was $5.11 Mil.

American Power Group did not have earnings to cover the interest expense.

American Power Group's Interest Coverage for the quarter that ended in Jun. 2017 is calculated as

Here, for the three months ended in Jun. 2017, American Power Group's Interest Expense was $-0.33 Mil. Its Operating Income was $-1.83 Mil. And its Long-Term Debt & Capital Lease Obligation was $5.35 Mil.

American Power 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.


American Power Group  (OTCPK:APGI) 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 .


American Power Group Interest Coverage Related Terms

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


American Power Group (American Power Group) Business Description

Traded in Other Exchanges
N/A
Address
2204 125th Avenue, P.O. Box 187, Algona, IA, USA, 50511
American Power Group Corp delivers alternative fuel solutions to the heavy-duty truck and stationary power generation industries. The company operates its business through two segments: Dual Fuel Conversions and Natural Gas Liquids Operations. It offers vehicular and stationary solutions, and dual fuel conversions for marine, mining and rail applications. The company also provides flare capture and recovery services to oil and gas production companies. Its primary geographic markets are the United States, Canada, Dominican Republic, Mexico, and Peru. Geographically, the company receives maximum revenue from the United States.
Executives
John Steffens 10 percent owner C/O DIGITALBRIDGE GROUP, INC., 750 PARK OF COMMERCE DRIVE SUITE 210, BOCCA RATON FL 33487
Smc Select Co-investment Fund I Lp 10 percent owner C/O SPRING MOUNTAIN CAPITAL, LP, 650 MADISON AVENUE, 20TH FLOOR, New York NY 10022
Smc Select Co-investment I Gp, Llc 10 percent owner C/O SPRING MOUNTAIN CAPITAL, LP, 650 MADISON AVENUE, 20TH FLOOR, NEW YORK NY 10022
Spring Mountain Capital, Llc 10 percent owner C/O SPRING MOUNTAIN CAPITAL, LP, 650 MADISON AVENUE, 20TH FLOOR, NEW YORK NY 10022
Gregory P. Ho 10 percent owner C/O SPRING MOUNTAIN CAPITAL, LP, 650 MADISON AVENUE, 20TH FLOOR, NEW YORK NY 10022
Spring Mountain Capital G.p., Llc 10 percent owner C/O SPRING MOUNTAIN CAPITAL, LP, 650 MADISON AVENUE, 20TH FLOOR, NEW YORK NY 10022
James N Harger director AMERICAN POWER GROUP CORPORATION, 7 KIMBALL LANE, BUILDING A, LYNNFIELD MA 01940
Jamie Weston director C/O SPRING MOUNTAIN CAPITAL, LP, 650 MADISON AVENUE, 20TH FLOOR, NEW YORK NY 10022
Raymond Wong director C/O SPRING MOUNTAIN CAPITAL, LP 650 MADISON AVENUE, 20TH FLOOR NEW YORK NY 10022
Allen Kahn 10 percent owner 175 EAST DELAWARE PLACE, APT 7808, CHICAGO IL 60611-1731
Robert Davis other: Former CEO,President,Director C/O WASTE CONNECTIONS, INC., 610 APPLEWOOD CRESCENT, SUITE 200, VAUGHAN A6 L4K 0C3