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Energy And Water Development (Energy And Water Development) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


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What is Energy And Water Development 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. Energy And Water Development's Operating Income for the three months ended in Dec. 2023 was $-0.78 Mil. Energy And Water Development's Interest Expense for the three months ended in Dec. 2023 was $-0.05 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 Energy And Water Development's Interest Coverage or its related term are showing as below:


EAWD's Interest Coverage is not ranked *
in the Industrial Products industry.
Industry Median: 13.76
* 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.


Energy And Water Development Interest Coverage Historical Data

The historical data trend for Energy And Water Development'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.

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Energy And Water Development Interest Coverage Chart

Energy And Water Development Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
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Energy And Water Development Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Energy And Water Development's Interest Coverage

For the Pollution & Treatment Controls subindustry, Energy And Water Development'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.


Energy And Water Development's Interest Coverage Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Energy And Water Development's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Energy And Water Development's Interest Coverage falls into.



Energy And Water Development 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.

Energy And Water Development'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, Energy And Water Development's Interest Expense was $-0.22 Mil. Its Operating Income was $-2.64 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.17 Mil.

Energy And Water Development did not have earnings to cover the interest expense.

Energy And Water Development's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Energy And Water Development's Interest Expense was $-0.05 Mil. Its Operating Income was $-0.78 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.17 Mil.

Energy And Water Development 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.


Energy And Water Development  (OTCPK:EAWD) 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 .


Energy And Water Development Interest Coverage Related Terms

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


Energy And Water Development (Energy And Water Development) Business Description

Traded in Other Exchanges
N/A
Address
7901 4th Street N, Suite No. 4174, Saint Petersburg, FL, USA, 33702
Energy And Water Development Corp is a green-tech engineering solutions company focused on delivering water and energy to extreme environments. The company builds water and energy systems out of already-existing, proven technologies, utilizing their technical know-how to customize solutions to their client's needs.
Executives
Gary Rodney officer: INTERIM CFO C/O INFOQUEST TECHNOLOGIES, INC., 3101 PIERSON DRIVE, DELRAY BEACH FL 33484
Irma Velazquez director, 10 percent owner, officer: Chief Operating Officer 7901 4TH STREET N, SUITE 4174, ST PETERSBURG FL 33702
Ralph Hofmeier director, 10 percent owner, officer: President and CEO 7901 4TH STREET N, SUITE 4174, ST PETERSBURG FL 33702

Energy And Water Development (Energy And Water Development) Headlines

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