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Integrated Wind Solutions ASA (FRA:9UG1) Interest Coverage : 0 (At Loss) (As of Dec. 2024)


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What is Integrated Wind Solutions ASA 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. Integrated Wind Solutions ASA's Operating Income for the three months ended in Dec. 2024 was €5.14 Mil. Integrated Wind Solutions ASA's Interest Expense for the three months ended in Dec. 2024 was €0.67 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 Integrated Wind Solutions ASA's Interest Coverage or its related term are showing as below:

FRA:9UG1' s Interest Coverage Range Over the Past 10 Years
Min: 8.01   Med: 5004.01   Max: No Debt
Current: 8.28


FRA:9UG1's Interest Coverage is ranked worse than
62.66% of 2271 companies
in the Industrial Products industry
Industry Median: 15.2 vs FRA:9UG1: 8.28

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Integrated Wind Solutions ASA Interest Coverage Historical Data

The historical data trend for Integrated Wind Solutions ASA'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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Integrated Wind Solutions ASA Interest Coverage Chart

Integrated Wind Solutions ASA Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
No Debt - - - 8.01

Integrated Wind Solutions ASA Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 - - 1.35 4.31 -

Competitive Comparison of Integrated Wind Solutions ASA's Interest Coverage

For the Specialty Industrial Machinery subindustry, Integrated Wind Solutions ASA'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.


Integrated Wind Solutions ASA's Interest Coverage Distribution in the Industrial Products Industry

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

* The bar in red indicates where Integrated Wind Solutions ASA's Interest Coverage falls into.


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Integrated Wind Solutions ASA 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.

Integrated Wind Solutions ASA's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Integrated Wind Solutions ASA's Interest Expense was €-0.65 Mil. Its Operating Income was €5.22 Mil. And its Long-Term Debt & Capital Lease Obligation was €98.39 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*5.221/-0.652
=8.01

Integrated Wind Solutions ASA's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, Integrated Wind Solutions ASA's Interest Expense was €0.67 Mil. Its Operating Income was €5.14 Mil. And its Long-Term Debt & Capital Lease Obligation was €98.39 Mil.

* 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.


Integrated Wind Solutions ASA  (FRA:9UG1) 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 .


Integrated Wind Solutions ASA Interest Coverage Related Terms

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


Integrated Wind Solutions ASA Business Description

Traded in Other Exchanges
Address
Stoperigata 2, Aker Brygge, Oslo, NOR, 0250
Integrated Wind Solutions ASA is an integrated provider of offshore wind services by integrating construction and service operation vessels (CSOVs) with engineering products and manpower services in a wind farm's installation, commissioning, and operations phase.

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