Premier Energy (BSE:PE) Interest Coverage : 0 (At Loss) (As of . 20)

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What is Premier Energy 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. Premier Energy's Operating Income for the six months ended in . 20 was lei0.00 Mil. Premier Energy's Interest Expense for the six months ended in . 20 was lei0.00 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

(1) 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.

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

BSE:PE's Interest Coverage is not ranked ^*
in the Utilities - Independent Power Producers industry.
Industry Median: 3.03
* 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.

Premier Energy Interest Coverage Historical Data

The historical data trend for Premier Energy'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.

Premier Energy Interest Coverage Chart

Premier Energy Annual Data

Trend

Interest Coverage

Premier Energy Semi-Annual Data

Interest Coverage

Competitive Comparison of Premier Energy's Interest Coverage

For the Utilities - Renewable subindustry, Premier Energy'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.

Premier Energy's Interest Coverage Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Premier Energy's Interest Coverage distribution charts can be found below:

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

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Premier Energy 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.

Premier Energy's Interest Coverage for the fiscal year that ended in . 20 is calculated as

Here, for the fiscal year that ended in . 20, Premier Energy's Interest Expense was lei0.00 Mil. Its Operating Income was lei0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was lei0.00 Mil.

Premier Energy had no debt ⁽¹⁾.

Premier Energy's Interest Coverage for the quarter that ended in . 20 is calculated as

Here, for the six months ended in . 20, Premier Energy's Interest Expense was lei0.00 Mil. Its Operating Income was lei0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was lei0.00 Mil.

Premier Energy had no debt ⁽¹⁾.

The higher the ratio, the stronger the company's Financial Strength is.

Premier Energy (BSE:PE) 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 .

Premier Energy Interest Coverage Related Terms

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

Premier Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Premier Energy PLC (BSE:PE) » Definitions » Interest Coverage

Traded in Other Exchanges

N/A

Address

48 Themistokli Dervi Avenue, 3rd Floor, Office 303, Nicosia, CYP, 1066

Website

https://www.premierenergygroup.eu

Premier Energy PLC is a vertically integrated energy and power infrastructure company that provides a suite of services to renewable energy producers, including balancing, dispatching, asset management, energy forecasting, trading services, and project management. Its focus is on renewable energy, natural gas distribution, and electricity provision, It is a driving force in the energy sector across Romania and Moldova. The company's structure is built on three pillars: renewable energy, natural gas, and electricity, each contributing to the mission of delivering reliable and sustainable energy solutions to communities throughout the region.