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EOSE (Eos Energy Enterprises) Interest Coverage : 0 (At Loss) (As of Dec. 2024)


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What is Eos Energy Enterprises 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. Eos Energy Enterprises's Operating Income for the three months ended in Dec. 2024 was $-46.10 Mil. Eos Energy Enterprises's Interest Expense for the three months ended in Dec. 2024 was $-5.91 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 Eos Energy Enterprises's Interest Coverage or its related term are showing as below:


EOSE's Interest Coverage is not ranked *
in the Industrial Products industry.
Industry Median: 15.54
* 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.


Eos Energy Enterprises Interest Coverage Historical Data

The historical data trend for Eos Energy Enterprises'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.

Eos Energy Enterprises Interest Coverage Chart

Eos Energy Enterprises Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
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Eos Energy Enterprises Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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Competitive Comparison of Eos Energy Enterprises's Interest Coverage

For the Electrical Equipment & Parts subindustry, Eos Energy Enterprises'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.


Eos Energy Enterprises's Interest Coverage Distribution in the Industrial Products Industry

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

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


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Eos Energy Enterprises 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.

Eos Energy Enterprises's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Eos Energy Enterprises's Interest Expense was $-28.22 Mil. Its Operating Income was $-166.07 Mil. And its Long-Term Debt & Capital Lease Obligation was $316.51 Mil.

Eos Energy Enterprises did not have earnings to cover the interest expense.

Eos Energy Enterprises's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, Eos Energy Enterprises's Interest Expense was $-5.91 Mil. Its Operating Income was $-46.10 Mil. And its Long-Term Debt & Capital Lease Obligation was $316.51 Mil.

Eos Energy Enterprises 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.


Eos Energy Enterprises  (NAS:EOSE) 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 .


Eos Energy Enterprises Interest Coverage Related Terms

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


Eos Energy Enterprises Business Description

Traded in Other Exchanges
N/A
Address
3920 Park Avenue, Edison, NJ, USA, 08820
Eos Energy Enterprises Inc designs develop, manufactures, and markets zinc-based energy storage solutions for utility-scale, microgrid, and commercial & industrial (C&I) applications. The solutions are used in the utility sector, the renewable energy sector, and the industrial sector. It's flagship product Eos Znyth is a stationary battery energy storage system.
Executives
Jeffrey S Bornstein director GENERAL ELECTRIC COMPANY, 41 FARNSWORTH STREET, BOSTON MA 02210
Alexander Dimitrief director GENERAL ELECTRIC COMPANY, 41 FARNSWORTH STREET, BOSTON MA 02210
Joe Mastrangelo director, officer: Chief Executive Officer 199 PIERCE STREET, SUITE 537, FRANKLIN TOWNSHIP NJ 08873
Jeff Mcneil director 47281 BAYSIDE PARKWAY, FREMONT CA 94538
Claude Demby director C/O SMART MODULAR TECHNOLOGIES, INC., 39870 EUREKA DRIVE, NEWARK CA 94560
Sumeet Puri officer: Chief Accounting Officer 6525 SHADY OAK LANE, MASON OH 45040
Nathan Kroeker officer: Chief Financial Officer 12160 WICKCHESTER LN, SUITE 100, HOUSTON TX 77079
Russell Monoki Stidolph director 137 ROWAYTON AVENUE, ROWAYTON CT 06853
Daniel Shribman director, officer: CEO and CFO 299 PARK AVENUE, NEW YORK NY 10171
Koch Industries Inc 10 percent owner 4111 EAST 37TH STREET NORTH, WICHITA KS 67220
Randall B Gonzales officer: Chief Financial Officer EOS ENERGY ENTERPRISES, INC., 3920 PARK AVENUE, EDISON NJ 08820
Spring Creek Capital Llc 10 percent owner 4111 EAST 37TH STREET NORTH, WICHITA KS 67220
Wood River Capital, Llc 10 percent owner 4111 E. 37TH STREET N, WICHITA KS 67220
Audrey Ann Zibelman director 6/128 TOORAK ROAD WEST, SOUTH YARRA C4 3141
Marian Walters director C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD., SUITE 400, WOODLAND HILLS CA 91367