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Uranerz Energy (FRA:U9E) Interest Coverage : 0 (At Loss) (As of Mar. 2015)


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What is Uranerz Energy 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. Uranerz Energy's Operating Income for the three months ended in Mar. 2015 was €-3.75 Mil. Uranerz Energy's Interest Expense for the three months ended in Mar. 2015 was €-0.28 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 Uranerz Energy's Interest Coverage or its related term are showing as below:


FRA:U9E's Interest Coverage is not ranked *
in the Metals & Mining industry.
Industry Median: No Debt
* 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.


Uranerz Energy Interest Coverage Historical Data

The historical data trend for Uranerz Energy'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.

Uranerz Energy Interest Coverage Chart

Uranerz Energy Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt - -

Uranerz Energy Quarterly Data
Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15
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 - - - - -

Competitive Comparison of Uranerz Energy's Interest Coverage

For the Other Industrial Metals & Mining subindustry, Uranerz Energy'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.


Uranerz Energy's Interest Coverage Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Uranerz Energy's Interest Coverage distribution charts can be found below:

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



Uranerz Energy 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.

Uranerz Energy's Interest Coverage for the fiscal year that ended in Dec. 2014 is calculated as

Here, for the fiscal year that ended in Dec. 2014, Uranerz Energy's Interest Expense was €-1.00 Mil. Its Operating Income was €-9.00 Mil. And its Long-Term Debt & Capital Lease Obligation was €13.89 Mil.

Uranerz Energy did not have earnings to cover the interest expense.

Uranerz Energy's Interest Coverage for the quarter that ended in Mar. 2015 is calculated as

Here, for the three months ended in Mar. 2015, Uranerz Energy's Interest Expense was €-0.28 Mil. Its Operating Income was €-3.75 Mil. And its Long-Term Debt & Capital Lease Obligation was €15.13 Mil.

Uranerz Energy 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.


Uranerz Energy  (FRA:U9E) 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 .


Uranerz Energy Interest Coverage Related Terms

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


Uranerz Energy Business Description

Traded in Other Exchanges
N/A
Address
Uranerz Energy Corp was incorporated under the laws of the State of Nevada on May 26, 1999. On July 5, 2005, it changed its name from Carleton Ventures Corp. to Uranerz Energy Corporation. The Company is an exploration stage company engaged in the acquisition, exploration and, if warranted, development of uranium properties. It is a United States based uranium company focused on constructing an in-situ recovery uranium facility. ISR is a mining process that uses a leaching solution to extract uranium from underground sandstone-hosted uranium deposits, it is the generally accepted extraction technology used in the Powder River Basin area of Wyoming. It is principally focused on the exploitation of its properties in the Powder River Basin. The commercial use of uranium is to fuel nuclear power plants for the generation of electricity. All the uranium produced from its mines will be used to generate electricity. The Company competes with other mining and exploration companies in connection with the acquisition of uranium mineral properties and the equipment, materials and personnel necessary to explore and develop such properties. Its exploration and production activities are subject to certain federal and state laws and regulations relating to environmental quality and pollution control.

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