GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » EFLO Energy Inc (OTCPK:EFLO) » Definitions » Interest Coverage

EFLO Energy (EFLO Energy) Interest Coverage : 0 (At Loss) (As of May. 2015)


View and export this data going back to 2009. Start your Free Trial

What is EFLO 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. EFLO Energy's Operating Income for the three months ended in May. 2015 was $-1.16 Mil. EFLO Energy's Interest Expense for the three months ended in May. 2015 was $-0.11 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 EFLO Energy's Interest Coverage or its related term are showing as below:


EFLO's Interest Coverage is not ranked *
in the Oil & Gas industry.
Industry Median: 6.615
* 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.


EFLO Energy Interest Coverage Historical Data

The historical data trend for EFLO 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.

EFLO Energy Interest Coverage Chart

EFLO Energy Annual Data
Trend Aug09 Aug10 Aug11 Aug12 Aug13 Aug14
Interest Coverage
Get a 7-Day Free Trial No Debt No Debt No Debt No Debt -

EFLO Energy Quarterly Data
Aug10 Nov10 Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15
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 - - - - -

Competitive Comparison of EFLO Energy's Interest Coverage

For the Oil & Gas E&P subindustry, EFLO 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.


EFLO Energy's Interest Coverage Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, EFLO Energy's Interest Coverage distribution charts can be found below:

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



EFLO 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.

EFLO Energy's Interest Coverage for the fiscal year that ended in Aug. 2014 is calculated as

Here, for the fiscal year that ended in Aug. 2014, EFLO Energy's Interest Expense was $-0.62 Mil. Its Operating Income was $-3.62 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

EFLO Energy did not have earnings to cover the interest expense.

EFLO Energy's Interest Coverage for the quarter that ended in May. 2015 is calculated as

Here, for the three months ended in May. 2015, EFLO Energy's Interest Expense was $-0.11 Mil. Its Operating Income was $-1.16 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

EFLO Energy 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.


EFLO Energy  (OTCPK:EFLO) 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 .


EFLO Energy Interest Coverage Related Terms

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


EFLO Energy (EFLO Energy) Business Description

Traded in Other Exchanges
N/A
Address
EFLO Energy Inc was incorporated in the State of Nevada on July 22, 2008. The Company is a development stage company. It is engaged in the acquisition, exploration and development of oil and gas properties in the United States and Canada.
Executives
Matthew J Anderson officer: CFO & Secretary 880 - 580 HORNBY STREET, VANCOUVER A1 V6C 3B6
Carlo Civelli 10 percent owner 111 SOMERSET ROAD, TRIPLE ONE SOMERSET 06-06, SINGAPORE U0 238164
Herbert T Schmidt director, officer: Chief Financial and Accounting 22840 DOLOROSA ST. WOODLANDS HILLS, CA 91367

EFLO Energy (EFLO Energy) Headlines

No Headlines