ENCR (Ener-Core) Interest Coverage: 0 (At Loss) (As of Sep. 2018)


What is Ener-Core Interest Coverage?

Ener-Core ENCR Interest Coverage is 0 (At Loss) as of Sep. 2018.

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. Ener-Core's Operating Income for the three months ended in Sep. 2018 was $-0.83 Mil. Ener-Core's Interest Expense for the three months ended in Sep. 2018 was $-3.53 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 Ener-Core's Interest Coverage or its related term are showing as below:


ENCR's Interest Coverage is not ranked *
in the Industrial Products industry.
Industry Median: 14.835
* 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.


Ener-Core  (OTCPK:ENCR) 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 .


Ener-Core Interest Coverage Related Terms


Ener-Core Interest Coverage Historical Data

* Premium members only.

The historical data trend for Ener-Core'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.

Ener-Core Interest Coverage Chart

Ener-Core Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Interest Coverage
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Ener-Core Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 0.07 0.00 0.00

ENCR vs SENY, ESNC, CHGI: Interest Coverage Comparison

For the Specialty Industrial Machinery subindustry, Ener-Core'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.


Ener-Core Interest Coverage vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ener-Core's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Ener-Core's Interest Coverage falls into.



Ener-Core 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.

Ener-Core's Interest Coverage for the fiscal year that ended in Dec. 2017 is calculated as

Here, for the fiscal year that ended in Dec. 2017, Ener-Core's Interest Expense was $-5.58 Mil. Its Operating Income was $-5.40 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.01 Mil.

Ener-Core did not have earnings to cover the interest expense.

Ener-Core's Interest Coverage for the quarter that ended in Sep. 2018 is calculated as

Here, for the three months ended in Sep. 2018, Ener-Core's Interest Expense was $-3.53 Mil. Its Operating Income was $-0.83 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.01 Mil.

Ener-Core 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?
Ener-Core (ENCR) has a Interest Coverage of 0 (At Loss) as of Sep. 2018. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Ener-Core and its competitors.
Is Ener-Core's Interest Coverage too high?
Ener-Core's current Interest Coverage is 0 (At Loss).
How does Ener-Core's Interest Coverage compare to SENY and ESNC?
Ener-Core's Interest Coverage of 0 (At Loss) can be compared against companies in the Industrial Products industry. The industry median Interest Coverage is 14.84. 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 an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.84, based on 2,324 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 Ener-Core and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ener-Core'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 Ener-Core stock overvalued right now?
Ener-Core (ENCR) 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 Ener-Core (ENCR), the current Interest Coverage is 0 (At Loss) as of Sep. 2018. 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.

Ener-Core Business Description

Address 30100 Town Center Drive, Suite O-209, Laguna Niguel, CA, USA, 92677
Ener-Core Inc designs, develops, manufactures and has commercially deployed products based on technologies that generate base-load, clean power from polluting waste gases that are otherwise destroyed or vented into the atmosphere by a range of industries. Further, it also designs its technologies to provide power generation solutions with reduced air emissions. The company's Power Oxidation technology offers an alternative to traditional methods of destroying gaseous pollution by simultaneously enabling industrial facilities. Its technology involves the acceleration of a naturally occurring gas oxidation process by injecting hydrocarbon gases into a controlled, high temperature, high pressure, and oxygen-rich environment.