RedFlow (FRA:2RF) Interest Coverage: 0 (At Loss) (As of Dec. 2023)


FRA:2RF RedFlow Ltd FRA:2RF
29 GF Score
Price €0.05
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What is RedFlow Interest Coverage?

RedFlow FRA:2RF 29 Interest Coverage is 0 (At Loss) as of Dec. 2023. GuruFocus rates FRA:2RF with a GF Score™ of 29/100.

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. RedFlow's Operating Income for the six months ended in Dec. 2023 was €-8.61 Mil. RedFlow's Interest Expense for the six months ended in Dec. 2023 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 RedFlow's Interest Coverage or its related term are showing as below:


FRA:2RF's Interest Coverage is not ranked *
in the Industrial Products industry.
Industry Median: 14.79
* 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.


RedFlow  (FRA:2RF) 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 .


RedFlow Interest Coverage Related Terms


RedFlow Interest Coverage Historical Data

* Premium members only.

The historical data trend for RedFlow'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.

RedFlow Interest Coverage Chart

RedFlow Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

RedFlow Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.00 0.00 0.00 0.00 0.00

FRA:2RF vs JFTH, SPEC, VRT: Interest Coverage Comparison

For the Electrical Equipment & Parts subindustry, RedFlow'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.


RedFlow Interest Coverage vs Industrial Products Industry

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

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


FRA:2RF
29GF Score
RedFlow Ltd FRA:2RF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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RedFlow 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.

RedFlow's Interest Coverage for the fiscal year that ended in Jun. 2023 is calculated as

Here, for the fiscal year that ended in Jun. 2023, RedFlow's Interest Expense was €-0.01 Mil. Its Operating Income was €-10.69 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.04 Mil.

RedFlow did not have earnings to cover the interest expense.

RedFlow's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, RedFlow's Interest Expense was €-0.00 Mil. Its Operating Income was €-8.61 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

RedFlow 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?
RedFlow (FRA:2RF) has a Interest Coverage of 0 (At Loss) as of Dec. 2023. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on RedFlow and its competitors.
Is RedFlow's Interest Coverage too high?
RedFlow's current Interest Coverage is 0 (At Loss). Overall, RedFlow has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does RedFlow's Interest Coverage compare to JFTH and SPEC?
RedFlow's Interest Coverage of 0 (At Loss) can be compared against companies in the Industrial Products industry. The industry median Interest Coverage is 14.79. 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 an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.79, based on 2,329 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 RedFlow and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RedFlow'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 RedFlow stock overvalued right now?
RedFlow (FRA:2RF) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). RedFlow's overall GF Score™ is 29/100. 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 RedFlow (FRA:2RF), the current Interest Coverage is 0 (At Loss) as of Dec. 2023. 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.

RedFlow Business Description

Address 1/27 Counihan Road, Seventeen Mile Rocks, Brisbane, QLD, AUS, 4073
RedFlow Ltd consists of the development, manufacture, and sale of its bromine flowing electrolyte battery module (ZBM). The company's batteries provide sustainable energy storage solutions for various applications, including telecommunications, renewables integration, on and off-grid remote power, microgrids and smart grids, and transmission and distribution deferral. Redflow batteries are designed for high cycle-rate, long time-base stationary energy storage applications in the residential, commercial and industrial, and telecommunications sectors, and are scalable from a single battery installation through to grid-scale deployments.
29GF Score

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Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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