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EVO Transportation & Energy Services (EVO Transportation & Energy Services) Interest Coverage : 1.04 (As of Dec. 2022)


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What is EVO Transportation & Energy Services 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. EVO Transportation & Energy Services's Operating Income for the three months ended in Dec. 2022 was $2.9 Mil. EVO Transportation & Energy Services's Interest Expense for the three months ended in Dec. 2022 was $-2.8 Mil. EVO Transportation & Energy Services's interest coverage for the quarter that ended in Dec. 2022 was 1.04. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for EVO Transportation & Energy Services's Interest Coverage or its related term are showing as below:


EVOA's Interest Coverage is not ranked *
in the Transportation industry.
Industry Median: 5.34
* 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.


EVO Transportation & Energy Services Interest Coverage Historical Data

The historical data trend for EVO Transportation & Energy Services'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.

EVO Transportation & Energy Services Interest Coverage Chart

EVO Transportation & Energy Services Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1.53 -

EVO Transportation & Energy Services Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 - - - - 1.04

Competitive Comparison of EVO Transportation & Energy Services's Interest Coverage

For the Trucking subindustry, EVO Transportation & Energy Services'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.


EVO Transportation & Energy Services's Interest Coverage Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, EVO Transportation & Energy Services's Interest Coverage distribution charts can be found below:

* The bar in red indicates where EVO Transportation & Energy Services's Interest Coverage falls into.



EVO Transportation & Energy Services 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.

EVO Transportation & Energy Services's Interest Coverage for the fiscal year that ended in Dec. 2022 is calculated as

Here, for the fiscal year that ended in Dec. 2022, EVO Transportation & Energy Services's Interest Expense was $-33.7 Mil. Its Operating Income was $-3.7 Mil. And its Long-Term Debt & Capital Lease Obligation was $38.1 Mil.

EVO Transportation & Energy Services did not have earnings to cover the interest expense.

EVO Transportation & Energy Services's Interest Coverage for the quarter that ended in Dec. 2022 is calculated as

Here, for the three months ended in Dec. 2022, EVO Transportation & Energy Services's Interest Expense was $-2.8 Mil. Its Operating Income was $2.9 Mil. And its Long-Term Debt & Capital Lease Obligation was $38.1 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2022 )/Interest Expense (Q: Dec. 2022 )
=-1*2.941/-2.82
=1.04

* 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.


EVO Transportation & Energy Services  (OTCPK:EVOA) 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 .


EVO Transportation & Energy Services Interest Coverage Related Terms

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


EVO Transportation & Energy Services (EVO Transportation & Energy Services) Business Description

Traded in Other Exchanges
N/A
Address
2075 West Pinnacle Peak Road, Suite 130, Phoenix, AZ, USA, 85027
EVO Transportation & Energy Services Inc is a holding company based in Peoria, Arizona. The company along with its subsidiaries is engaged in the business of acquiring, building, and operating public and private CNG fueling stations. The company's operating segments include Trucking and CNG Fueling Stations. Trucking is comprised of domestic freight trucking and surface transportation services. It generates maximum revenue from the Trucking segment.
Executives
Raj Kapur officer: SVP, Chief Accounting Officer C/O 2075 W. PINNACLE PEAK ROAD SUITE 130 PHOENIX AZ 85027
Michael John Bayles director 55 HUDSON YARDS, 47TH FLOOR, SUITE C, NEW YORK NY 10001
Patrick Seul officer: Exec VP, Gen. Counsel & Secy C/O 2075 W. PINNACLE PEAK ROAD SUITE 130 PHOENIX AZ 85027
Amy L. Harp officer: Controller C/O 2075 W. PINNACLE PEAK ROAD SUITE 130 PHOENIX AZ 85027
Tony Coelho director C/O PINNACLE GLOBAL GROUP, 5599 SAN FELIPE #1212, HOUSTON TX 77056
Alexandre Zyngier director 5700 W. PLANO PARKWAY, SUITE 3600, PLANO TX 75093
Peck Billy L. Jr officer: EVP, Business Development C/O 2075 WEST PINNACLE PEAK ROAD SUITE 130 PHOENIX AZ 85027
Ronald Scott Wheeler director 15455 DALLAS PKWY, STE. 440, ADDISON TX 75001
Antara Capital Gp Llc director, 10 percent owner, other: See Remarks; See Footnote(1,2) 500 FIFTH AVENUE, SUITE 2320, NEW YORK NY 10110
Antara Capital Fund Gp Llc director, 10 percent owner, other: See Remarks; See Footnote(1,2) 500 FIFTH AVENUE, SUITE 2320, NEW YORK NY 10110
Antara Capital Master Fund Lp director, 10 percent owner, other: See Remarks; See Footnote(1,2) 500 FIFTH AVENUE, SUITE 2320, NEW YORK NY 10110
Antara Capital Lp director, 10 percent owner, other: See Remarks; See Footnote(1,2) 55 HUDSON YARDS, 47TH FLOOR, NEW YORK NY 10001
Himanshu Gulati director, 10 percent owner, other: See Remarks; See Footnote(1,2) 500 FIFTH AVENUE, SUITE 2320, NEW YORK NY 10110
Putnam Eugene S Jr officer: Chief Financial Officer C/O AEGIS MORTGAGE CORPORATION, 3250 BRIARPARK, SUITE 400, HOUSTON TX 77042
Mark Monroe Anderson director C/O 8285 WEST LAKE PLEASANT PARKWAY PEORIA AZ 85382

EVO Transportation & Energy Services (EVO Transportation & Energy Services) Headlines