BINI (Bollinger Innovations) Interest Coverage: 0 (At Loss) (As of Jun. 2025)


What is Bollinger Innovations Interest Coverage?

Bollinger Innovations BINI -5.00% Interest Coverage is 0 (At Loss) as of Jun. 2025. The stock has 6 warning signs investors should review. Among 1,066 Vehicles & Parts companies, Bollinger Innovations ranks worse than 93808.54% on this metric.

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. Bollinger Innovations's Operating Income for the three months ended in Jun. 2025 was $-57.85 Mil. Bollinger Innovations's Interest Expense for the three months ended in Jun. 2025 was $-25.66 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 Bollinger Innovations's Interest Coverage or its related term are showing as below:


BINI's Interest Coverage is not ranked *
in the Vehicles & Parts industry.
Industry Median: 8.295
* 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.

Bollinger Innovations  (OTCPK:BINI) 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 .

Bollinger Innovations Interest Coverage Related Terms

Bollinger Innovations Interest Coverage Historical Data

* Premium members only.

The historical data trend for Bollinger Innovations'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.

Bollinger Innovations Interest Coverage Chart

Bollinger Innovations Annual Data
Trend Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Interest Coverage
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Bollinger Innovations Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25
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 0.00 0.00 0.00 0.00 0.00

BINI vs ZAPPF, TSLA, GM: Interest Coverage Comparison

For the Auto Manufacturers subindustry, Bollinger Innovations'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.

Bollinger Innovations Interest Coverage vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Bollinger Innovations's Interest Coverage distribution charts can be found below:

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


Bollinger Innovations 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.

Bollinger Innovations's Interest Coverage for the fiscal year that ended in Sep. 2024 is calculated as

Here, for the fiscal year that ended in Sep. 2024, Bollinger Innovations's Interest Expense was $-49.38 Mil. Its Operating Income was $-272.64 Mil. And its Long-Term Debt & Capital Lease Obligation was $11.65 Mil.

Bollinger Innovations did not have earnings to cover the interest expense.

Bollinger Innovations's Interest Coverage for the quarter that ended in Jun. 2025 is calculated as

Here, for the three months ended in Jun. 2025, Bollinger Innovations's Interest Expense was $-25.66 Mil. Its Operating Income was $-57.85 Mil. And its Long-Term Debt & Capital Lease Obligation was $9.73 Mil.

Bollinger Innovations 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0 (At Loss) mean?
Bollinger Innovations (BINI) has a Interest Coverage of 0 (At Loss) as of Jun. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Bollinger Innovations and its competitors. According to the industry distribution chart, Bollinger Innovations ranks #999999 out of 1066 companies in the Vehicles & Parts industry.
Is Bollinger Innovations' Interest Coverage too high?
Bollinger Innovations' current Interest Coverage is 0 (At Loss). Based on the distribution chart, Bollinger Innovations ranks #999999 out of 1066 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers.
How does Bollinger Innovations' Interest Coverage compare to ZAPPF and TSLA?
According to the Vehicles & Parts industry distribution chart, Bollinger Innovations ranks #999999 out of 1066 companies for Interest Coverage. This places Bollinger Innovations in the lower half of its industry. The industry median Interest Coverage is 8.30. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Vehicles & Parts company?
The median Interest Coverage among Vehicles & Parts companies is 8.30, based on 1,066 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Bollinger Innovations and its competitors. For the Vehicles & Parts industry, the median Interest Coverage is 8.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bollinger Innovations's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bollinger Innovations stock overvalued right now?
Bollinger Innovations (BINI) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Bollinger Innovations (BINI), the current Interest Coverage is 0 (At Loss) as of Jun. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Bollinger Innovations Business Description

Address 1405 Pioneer Street, Brea, CA, USA, 92821
Bollinger Innovations Inc is a Southern California-based automotive company building the next generation of commercial electric vehicles (EVs) with U.S. based vehicle manufacturing located in Tunica, Mississippi. both the ONE, a Class 1 EV cargo van, and THREE, a Class 3 EV cab chassis truck, are California Air Resource Board (CARB) and EPA certified and available for sale in the U.S.