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Pond Technologies Holdings (FRA:4O0) Interest Coverage : 0 (At Loss) (As of Sep. 2024)


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What is Pond Technologies Holdings 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. Pond Technologies Holdings's Operating Income for the three months ended in Sep. 2024 was €-0.43 Mil. Pond Technologies Holdings's Interest Expense for the three months ended in Sep. 2024 was €-0.16 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 Pond Technologies Holdings's Interest Coverage or its related term are showing as below:


FRA:4O0's Interest Coverage is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 8.44
* 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.


Pond Technologies Holdings Interest Coverage Historical Data

The historical data trend for Pond Technologies Holdings'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.

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Pond Technologies Holdings Interest Coverage Chart

Pond Technologies Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
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Pond Technologies Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Competitive Comparison of Pond Technologies Holdings's Interest Coverage

For the Farm Products subindustry, Pond Technologies Holdings'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.


Pond Technologies Holdings's Interest Coverage Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Pond Technologies Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Pond Technologies Holdings's Interest Coverage falls into.


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Pond Technologies Holdings 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.

Pond Technologies Holdings's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Pond Technologies Holdings's Interest Expense was €-0.39 Mil. Its Operating Income was €-2.21 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.25 Mil.

Pond Technologies Holdings did not have earnings to cover the interest expense.

Pond Technologies Holdings's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Here, for the three months ended in Sep. 2024, Pond Technologies Holdings's Interest Expense was €-0.16 Mil. Its Operating Income was €-0.43 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.15 Mil.

Pond Technologies Holdings 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.


Pond Technologies Holdings  (FRA:4O0) 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 .


Pond Technologies Holdings Interest Coverage Related Terms

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Pond Technologies Holdings Business Description

Traded in Other Exchanges
Address
250 Shields Court, Unit 8, Markham, ON, CAN, L3R 9W2
Pond Technologies Holdings Inc offers an algae-growing platform, which converts carbon dioxide (CO2) into algal-based commercial products. Its algae-growing platform converts the CO2 found in the untreated stack gas of industrial emitters into biofuels, animal feeds, and natural fertilizers. The company has three reportable segments, one of which is the Nutraceutical Products segment, which includes production and consumer sales, third-party product operations, and distribution. The Technology Services segment includes royalties, microalgal biomass production, consulting, engineering services, construction of biomass production facilities, and corporate services.

Pond Technologies Holdings Headlines

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