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Beam Global (Beam Global) Interest Coverage : 0 (At Loss) (As of Mar. 2024)


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What is Beam Global 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. Beam Global's Operating Income for the three months ended in Mar. 2024 was $-3.05 Mil. Beam Global's Interest Expense for the three months ended in Mar. 2024 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 Beam Global's Interest Coverage or its related term are showing as below:


BEEM's Interest Coverage is not ranked *
in the Semiconductors industry.
Industry Median: 19.32
* 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.


Beam Global Interest Coverage Historical Data

The historical data trend for Beam Global'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.

Beam Global Interest Coverage Chart

Beam Global Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
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Beam Global Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A - - - -

Competitive Comparison of Beam Global's Interest Coverage

For the Solar subindustry, Beam Global'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.


Beam Global's Interest Coverage Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Beam Global's Interest Coverage distribution charts can be found below:

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



Beam Global 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.

Beam Global'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, Beam Global's Interest Expense was $-0.01 Mil. Its Operating Income was $-16.26 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.62 Mil.

Beam Global did not have earnings to cover the interest expense.

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

Here, for the three months ended in Mar. 2024, Beam Global's Interest Expense was $-0.00 Mil. Its Operating Income was $-3.05 Mil. And its Long-Term Debt & Capital Lease Obligation was $1.62 Mil.

Beam Global 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.


Beam Global  (NAS:BEEM) 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 .


Beam Global Interest Coverage Related Terms

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


Beam Global (Beam Global) Business Description

Traded in Other Exchanges
Address
5660 Eastgate Drive, San Diego, CA, USA, 92121
Beam Global produces sustainable technology for electric vehicle (EV) charging, outdoor media, and energy security, without the construction, disruption, and costs of grid-tied solutions. Its products are founded upon its patented EV ARC and Solar Treelines and include BeamTrak patented solar tracking, and ARC Technology energy storage, along with EV charging, outdoor media, and disaster preparedness packages. From start to finish, the company develops, patents, designs, engineers, and manufactures renewably energized products that help the environment, empower communities, and keep people moving.
Executives
Desmond C Wheatley officer: President and CEO 3809 VIA REPOSO, RANCHO SANTA FE CA 92091
Townsend Battery Partners, Llc 10 percent owner 11311 MCCORMICK ROAD, SUITE 470, HUNT VALLEY MD 21031
Anthony L Posawatz director 8071 PINE FOREST CT, DAVISBURY MI 48350
Peter Warner Davidson director 43 PIERREPONT ST., BROOKLYN NY 11201
Nancy C Floyd director 101 CONSTITUTION AVENUE, NW, WASHINGTON DC 20080
Katherine H Mcdermott officer: Chief Financial Officer 5660 EASTGATE DRIVE, SAN DIEGO CA 92121
Robert C Schweitzer director 1441 SW 29TH AVENUE, POMPANO BEACH FL 33069
Keshif Ventures, Llc 10 percent owner 11512 EL CAMINO REAL, SUITE 340, SAN DIEGO CA 92130
Paul Feller director 8439 SUNSET BLVD., 2ND FLOOR, WEST HOLLYWOOD CA 90069
Jay S Potter director 10509 VISTA SORRENTO PKWY, SUITE 300, SAN DIEGO CA 92121
Chris Caulson officer: Chief Financial Officer 4525 GRANGER STREET, SAN DIEGO CA 92107
John M Evey director 7683 MARKER ROAD, SAN DIEGO CA 92130
Robert L Noble director, 10 percent owner, officer: Chief Executive Officer 150 HUMMINGBIRD HILL, ENCINITAS CA 92024