GGELU (Golden Grain Energy) Interest Coverage: 0 (At Loss) (As of . 20)


What is Golden Grain Energy Interest Coverage?

Golden Grain Energy GGELU Interest Coverage is 0 (At Loss) as of . 20.

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. Golden Grain Energy's Operating Income for the six months ended in . 20 was $0.00 Mil. Golden Grain Energy's Interest Expense for the six months ended in . 20 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.

(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 Golden Grain Energy's Interest Coverage or its related term are showing as below:


GGELU's Interest Coverage is not ranked *
in the Chemicals industry.
Industry Median: 10.18
* 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.

Golden Grain Energy  (OTCPK:GGELU) 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 .

Golden Grain Energy Interest Coverage Related Terms

Golden Grain Energy Interest Coverage Historical Data

* Premium members only.

The historical data trend for Golden Grain 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.

Golden Grain Energy Interest Coverage Chart

Golden Grain Energy Annual Data
Trend
Interest Coverage

Golden Grain Energy Semi-Annual Data
Interest Coverage

GGELU vs : Interest Coverage Comparison

For the Chemicals subindustry, Golden Grain 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.

Golden Grain Energy Interest Coverage vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Golden Grain Energy's Interest Coverage distribution charts can be found below:

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


Golden Grain 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.

Golden Grain Energy's Interest Coverage for the fiscal year that ended in . 20 is calculated as

Here, for the fiscal year that ended in . 20, Golden Grain Energy's Interest Expense was $0.00 Mil. Its Operating Income was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Golden Grain Energy had no debt (1).

Golden Grain Energy's Interest Coverage for the quarter that ended in . 20 is calculated as

Here, for the six months ended in . 20, Golden Grain Energy's Interest Expense was $0.00 Mil. Its Operating Income was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Golden Grain Energy had no debt (1).

* 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?
Golden Grain Energy (GGELU) has a Interest Coverage of 0 (At Loss) as of . 20. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Golden Grain Energy and its competitors.
Is Golden Grain Energy's Interest Coverage too high?
Golden Grain Energy's current Interest Coverage is 0 (At Loss).
How does Golden Grain Energy's Interest Coverage compare to ?
Golden Grain Energy's Interest Coverage of 0 (At Loss) can be compared against companies in the Chemicals industry. The industry median Interest Coverage is 10.18. 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 Chemicals company?
The median Interest Coverage among Chemicals companies is 10.18, based on 1,234 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 Golden Grain Energy and its competitors. For the Chemicals industry, the median Interest Coverage is 10.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Golden Grain Energy'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 Golden Grain Energy stock overvalued right now?
Golden Grain Energy (GGELU) 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 Golden Grain Energy (GGELU), the current Interest Coverage is 0 (At Loss) as of . 20. 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.

Golden Grain Energy Business Description

Comparable Companies
Address 1822 43rd Street South West, Mason City, IA, USA, 50401
Golden Grain Energy is engaged in the production of ethanol and distiller grains. The principal products that the company produces are ethanol, distiller grains, and corn oil. The company reports its financial and operating performance in two reportable segments: Production, and Ethanol production investments. The Production segment consists of the manufacturing of ethanol and related co-products from the ethanol production process. The Ethanol production investment segment consists of aggregated ethanol production equity method investments.