Environmental Solutions Worldwide (Environmental Solutions Worldwide) Interest Coverage : 3.52 (As of Dec. 2014)

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

What is Environmental Solutions Worldwide 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. Environmental Solutions Worldwide's Operating Income for the three months ended in Dec. 2014 was $0.89 Mil. Environmental Solutions Worldwide's Interest Expense for the three months ended in Dec. 2014 was $-0.25 Mil. Environmental Solutions Worldwide's interest coverage for the quarter that ended in Dec. 2014 was 3.52. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Environmental Solutions Worldwide's Interest Coverage or its related term are showing as below:

ESWW's Interest Coverage is not ranked ^*
in the Vehicles & Parts industry.
Industry Median: 7.745
* 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.

Environmental Solutions Worldwide Interest Coverage Historical Data

The historical data trend for Environmental Solutions Worldwide'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.

Environmental Solutions Worldwide Interest Coverage Chart

Environmental Solutions Worldwide Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Interest Coverage

Get a 7-Day Free Trial

N/A

5.76

Environmental Solutions Worldwide Quarterly Data
	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14
Interest Coverage	Get a 7-Day Free Trial															9.10	8.17	9.49	2.46	3.52

Competitive Comparison of Environmental Solutions Worldwide's Interest Coverage

For the Auto Parts subindustry, Environmental Solutions Worldwide'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.

Environmental Solutions Worldwide's Interest Coverage Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Environmental Solutions Worldwide's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Environmental Solutions Worldwide's Interest Coverage falls into.

Environmental Solutions Worldwide 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.

Environmental Solutions Worldwide's Interest Coverage for the fiscal year that ended in Dec. 2014 is calculated as

Here, for the fiscal year that ended in Dec. 2014, Environmental Solutions Worldwide's Interest Expense was $-0.97 Mil. Its Operating Income was $5.56 Mil. And its Long-Term Debt & Capital Lease Obligation was $2.91 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2014 )	/	Interest Expense (A: Dec. 2014 )
	=	-1	*	5.563	/	-0.966
	=	5.76

Environmental Solutions Worldwide's Interest Coverage for the quarter that ended in Dec. 2014 is calculated as

Here, for the three months ended in Dec. 2014, Environmental Solutions Worldwide's Interest Expense was $-0.25 Mil. Its Operating Income was $0.89 Mil. And its Long-Term Debt & Capital Lease Obligation was $2.91 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2014 )	/	Interest Expense (Q: Dec. 2014 )
	=	-1	*	0.894	/	-0.254
	=	3.52

The higher the ratio, the stronger the company's Financial Strength is.

Environmental Solutions Worldwide (OTCPK:ESWW) 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 .

Environmental Solutions Worldwide Interest Coverage Related Terms

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

Environmental Solutions Worldwide (Environmental Solutions Worldwide) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Environmental Solutions Worldwide Inc (OTCPK:ESWW) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

200 Progress Drive, Montgomerville, PA, USA, 18936

Website

http://www.eswgroup.com

Environmental Solutions Worldwide Inc through its subsidiaries is involved in the designing, development, manufacturing, and sales of emissions control technologies. It also provides emissions testing and environmental certification services. The firm's products include horizondpf, longview dpf, and vista dpf. It has Air testing services and MHDD diesel emission control manufacturing and sales operating segments. The company derives the majority of its revenues from MHDD diesel control segment.

Executives

John J Suydam	director	C/O APOLLO MANAGEMENT LP, 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Joshua Black	director	C/O APOLLO MANAGEMENT LP, 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Mark Yung	director, other: Remarks	C/O 335 CONNIE CRESENT, CONCORD A6 L4K 5R2
John J Hannan	director	9 WEST 57TH STREET, NEW YORK NY 10019
Leon D Black	10 percent owner	APOLLO ADVISORS LP, 1301 AVENOE OF THE AMERICAS, NEW YORK NY 10019
Richard S Ressler	other: See Remarks	C/O J2 GLOBAL COMMUNICATIONS, INC., 6922 HOLLYWOOD BLVD, 5TH FLOOR, LOS ANGELES CA 90028
Peter D. Bloch	director	483 BAY STREET, N105, TORONTO A6 M5G2C9
Elbert O Hand	director	C/O ARTHUR J. GALLAGHER & CO., TWO PIERCE PLACE, ITASCA IL 60143

Environmental Solutions Worldwide (Environmental Solutions Worldwide) Headlines

No Headlines