GOGR (Go Green Global Technologies) Interest Coverage: No Debt (1) (As of Oct. 2008)

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What is Go Green Global Technologies Interest Coverage?

Go Green Global Technologies GOGR Interest Coverage is No Debt (1) as of Oct. 2008.

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. Go Green Global Technologies's Operating Income for the three months ended in Oct. 2008 was $-0.11 Mil. Go Green Global Technologies's Interest Expense for the three months ended in Oct. 2008 was $0.00 Mil. Go Green Global Technologies has no debt. 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 Go Green Global Technologies's Interest Coverage or its related term are showing as below:


GOGR's Interest Coverage is not ranked *
in the Industrial Products industry.
Industry Median: 14.605
* 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.

Go Green Global Technologies  (OTCPK:GOGR) 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 .

Go Green Global Technologies Interest Coverage Related Terms

Go Green Global Technologies Interest Coverage Historical Data

* Premium members only.

The historical data trend for Go Green Global Technologies'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.

Go Green Global Technologies Interest Coverage Chart

Go Green Global Technologies Annual Data
Trend Apr06 Apr07
Interest Coverage
No Debt No Debt

Go Green Global Technologies Quarterly Data
Apr06 Jul06 Oct06 Jan07 Apr07 Jul07 Oct07 Jan08 Apr08 Jul08 Oct08
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

GOGR vs SGSI, SYEV, AMSU: Interest Coverage Comparison

For the Pollution & Treatment Controls subindustry, Go Green Global Technologies'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.

Go Green Global Technologies Interest Coverage vs Industrial Products Industry

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

* The bar in red indicates where Go Green Global Technologies's Interest Coverage falls into.


Go Green Global Technologies 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.

Go Green Global Technologies's Interest Coverage for the fiscal year that ended in Apr. 2007 is calculated as

Here, for the fiscal year that ended in Apr. 2007, Go Green Global Technologies's Interest Expense was $0.00 Mil. Its Operating Income was $-0.03 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Go Green Global Technologies had no debt (1).

Go Green Global Technologies's Interest Coverage for the quarter that ended in Oct. 2008 is calculated as

Here, for the three months ended in Oct. 2008, Go Green Global Technologies's Interest Expense was $0.00 Mil. Its Operating Income was $-0.11 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Go Green Global Technologies 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 No Debt <sup>(1)</sup> mean?
Go Green Global Technologies (GOGR) has a Interest Coverage of No Debt (1) as of Oct. 2008. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Go Green Global Technologies and its competitors.
Is Go Green Global Technologies' Interest Coverage too high?
Go Green Global Technologies' current Interest Coverage is No Debt (1).
How does Go Green Global Technologies' Interest Coverage compare to SGSI and SYEV?
Go Green Global Technologies' Interest Coverage of No Debt (1) can be compared against companies in the Industrial Products industry. The industry median Interest Coverage is 14.61. 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 14.61, based on 2,328 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 Go Green Global Technologies and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Go Green Global Technologies's current Interest Coverage is No Debt (1). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Go Green Global Technologies stock overvalued right now?
Go Green Global Technologies (GOGR) has a current Interest Coverage of No Debt (1). The current Interest Coverage is No Debt (1). 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 Go Green Global Technologies (GOGR), the current Interest Coverage is No Debt (1) as of Oct. 2008. 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.

Go Green Global Technologies Business Description

Address 22 Kenosia Avenue, Unit 9, Danbury, CT, USA, 06810
Go Green Global Technologies Corp providesproprietary disruptive technology for the water and fuel use industries. Solutions are provided all over utilizing the proprietary Sonical process for both non-chemical water treatment and fuel combustion applications, which include automotive, transportation, maritime, and railway industries.