EXPL (Endurance Exploration Group) Interest Coverage: 0 (At Loss) (As of Sep. 2018)


What is Endurance Exploration Group Interest Coverage?

Endurance Exploration Group EXPL +1,328.57% 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. Endurance Exploration Group's Operating Income for the three months ended in Sep. 2018 was $-0.07 Mil. Endurance Exploration Group's Interest Expense for the three months ended in Sep. 2018 was $-0.01 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

(1) 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.

The historical rank and industry rank for Endurance Exploration Group's Interest Coverage or its related term are showing as below:


EXPL's Interest Coverage is not ranked *
in the Waste Management industry.
Industry Median: 5.87
* 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.

Endurance Exploration Group  (OTCPK:EXPL) 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 .

Endurance Exploration Group Interest Coverage Related Terms

Endurance Exploration Group Interest Coverage Historical Data

* Premium members only.

The historical data trend for Endurance Exploration Group'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.

Endurance Exploration Group Interest Coverage Chart

Endurance Exploration Group Annual Data
Trend Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Dec14 Dec15 Dec16 Dec17
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 No Debt

Endurance Exploration Group 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 No Debt No Debt 0.00 0.00 0.00

EXPL vs NESCQ, SENR, HDII: Interest Coverage Comparison

For the Waste Management subindustry, Endurance Exploration Group'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.

Endurance Exploration Group Interest Coverage vs Waste Management Industry

For the Waste Management industry and Industrials sector, Endurance Exploration Group's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Endurance Exploration Group's Interest Coverage falls into.


Endurance Exploration Group 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.

Endurance Exploration Group'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, Endurance Exploration Group's Interest Expense was $0.00 Mil. Its Operating Income was $-0.38 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Endurance Exploration Group had no debt (1).

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

Here, for the three months ended in Sep. 2018, Endurance Exploration Group's Interest Expense was $-0.01 Mil. Its Operating Income was $-0.07 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Endurance Exploration Group 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?
Endurance Exploration Group (EXPL) 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 Endurance Exploration Group and its competitors.
Is Endurance Exploration Group's Interest Coverage too high?
Endurance Exploration Group's current Interest Coverage is 0 (At Loss).
How does Endurance Exploration Group's Interest Coverage compare to NESCQ and SENR?
Endurance Exploration Group's Interest Coverage of 0 (At Loss) can be compared against companies in the Waste Management industry. The industry median Interest Coverage is 5.87. 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 a Waste Management company?
The median Interest Coverage among Waste Management companies is 5.87, based on 163 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 Endurance Exploration Group and its competitors. For the Waste Management industry, the median Interest Coverage is 5.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Endurance Exploration Group'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 Endurance Exploration Group stock overvalued right now?
Endurance Exploration Group (EXPL) 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 Endurance Exploration Group (EXPL), 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.

Endurance Exploration Group Business Description

Address 15500 Roosevelt Boulevard, Suite 301, Clearwater, FL, USA, 33760
Endurance Exploration Group Inc is engaged in the exploration and recovery of deep-ocean shipwrecks across various countries. The company is focused on recovering bullion precious metals numismatic-grade coinage, high-value non-ferrous metals and other valuable cargos from both historic and modern shipwrecks. Its project consists of Project Connaught and Project Black Marlin. The Project Connaught is a steam-powered packet ship that transport cargo and passengers between Great Britain and the United States. Its Project Black Marlin is a vessel engaged in the trading activities.