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ESNC (EnSync) Interest Coverage : 0 (At Loss) (As of Sep. 2018)


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What is EnSync 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. EnSync's Operating Income for the three months ended in Sep. 2018 was $-2.85 Mil. EnSync's Interest Expense for the three months ended in Sep. 2018 was $-0.00 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 EnSync's Interest Coverage or its related term are showing as below:


ESNC's Interest Coverage is not ranked *
in the Industrial Products industry.
Industry Median: 15.67
* 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.


EnSync Interest Coverage Historical Data

The historical data trend for EnSync'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.

EnSync Interest Coverage Chart

EnSync Annual Data
Trend Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
Interest Coverage
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EnSync Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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Competitive Comparison of EnSync's Interest Coverage

For the Specialty Industrial Machinery subindustry, EnSync'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.


EnSync's Interest Coverage Distribution in the Industrial Products Industry

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

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


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EnSync 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.

EnSync's Interest Coverage for the fiscal year that ended in Jun. 2018 is calculated as

Here, for the fiscal year that ended in Jun. 2018, EnSync's Interest Expense was $-0.04 Mil. Its Operating Income was $-12.63 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.33 Mil.

EnSync did not have earnings to cover the interest expense.

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

Here, for the three months ended in Sep. 2018, EnSync's Interest Expense was $-0.00 Mil. Its Operating Income was $-2.85 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.33 Mil.

EnSync 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.


EnSync  (OTCPK:ESNC) 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 .


EnSync Interest Coverage Related Terms

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


EnSync Business Description

Traded in Other Exchanges
N/A
Address
N88 W13901 Main Street, Suite 200, Menomonee Falls, WI, USA, 53051
EnSync Inc develops, licenses, and manufactures energy management systems solutions serving the commercial and industrial C&I building, utility, and off-grid markets. It develops and commercializes product and service solutions for the distributed energy generation market, including energy management systems, energy storage systems, applications, and the Internet of energy platforms that link distributed energy resources with the grid network. The company's products include Matrix energy management system and advanced energy storage products.
Executives
Richard A Abdoo director N93 W14475 WHITTAKER WAY, MENOMONEE FALLS WI 53051
James Ozanne director C/O NMI, 2100 POWELL STREET, 12TH FLOOR, EMERYVILLE CA 94608
Theodore Stern director EXECUTIVE ASSOCIATES, ONE PPG PLACE, SUITE 2970, PITTSBURGH PA 15222
Manfred E Birnbaum director N93 W14475 WHITTAKER WAY, MENOMONEE FALLS WI 53051
Hoong Khoeng Cheong director #04-152, BLOCK 532, BUKIT BATOK ST 5 1, SINGAPORE U0 650532
Charles W Stankiewicz director, officer: Chief Operating Officer
Ardsley Advisory Partners Lp 10 percent owner 262 HARBOR DRIVE, 4TH FLOOR, STAMFORD CT 06902
Philip J Hempleman 10 percent owner 262 HARBOR DRIVE, 4TH FLOOR, STAMFORD CT 06902
Ardsley Partners Renewable Energy Fund, L.p. 10 percent owner C/O ARDSLEY PARTNERS I GP, LLC, 262 HARBOR DRIVE, STAMFORD CT 06902
Ardsley Partner I Gp Llc 10 percent owner 262 HARBOR DRIVE, 4TH FLOOR, STAMFORD CT 06902
Emmanuel Roman 10 percent owner C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Noam Gottesman 10 percent owner C/O TOMS CAPITAL LLC, 450 WEST 14TH STREET, 13TH FLOOR, NEW YORK NY 10014