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General Steel Holdings (General Steel Holdings) Interest Coverage : N/A (As of Jun. 2019)


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What is General Steel 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. General Steel Holdings's Operating Income for the three months ended in Jun. 2019 was $-0.17 Mil. General Steel Holdings's Interest Expense for the three months ended in Jun. 2019 was $0.00 Mil. GuruFocus does not calculate 's interest coverage with the available data. 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 General Steel Holdings's Interest Coverage or its related term are showing as below:


GSIH's Interest Coverage is not ranked *
in the Steel industry.
Industry Median: 5.7
* 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.


General Steel Holdings Interest Coverage Historical Data

The historical data trend for General Steel 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.

* Premium members only.

General Steel Holdings Interest Coverage Chart

General Steel Holdings Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - No Debt - No Debt

General Steel Holdings Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 No Debt No Debt No Debt N/A N/A

Competitive Comparison of General Steel Holdings's Interest Coverage

For the Steel subindustry, General Steel 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.


General Steel Holdings's Interest Coverage Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, General Steel Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where General Steel Holdings's Interest Coverage falls into.



General Steel 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.

General Steel Holdings's Interest Coverage for the fiscal year that ended in Dec. 2018 is calculated as

Here, for the fiscal year that ended in Dec. 2018, General Steel Holdings's Interest Expense was $0.00 Mil. Its Operating Income was $-0.22 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

General Steel Holdings had no debt (1).

General Steel Holdings's Interest Coverage for the quarter that ended in Jun. 2019 is calculated as

Here, for the three months ended in Jun. 2019, General Steel Holdings's Interest Expense was $0.00 Mil. Its Operating Income was $-0.17 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.02 Mil.

GuruFocus does not calculate General Steel Holdings's interest coverage with the available data.

* 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.


General Steel Holdings  (OTCPK:GSIH) 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 .


General Steel Holdings Interest Coverage Related Terms

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


General Steel Holdings (General Steel Holdings) Business Description

Traded in Other Exchanges
N/A
Address
Phoenix Place, Shuguangxili, Suite 106, Tower H,, Chaoyang District, Beijing, CHN, 100028
General Steel Holdings Inc is a manufacturer of steel products. The company through its subsidiary is operating steel companies serving various industries in the People's Republic of China. Its product includes steel rebar, hot-rolled carbon and silicon sheets and spiral-weld pipes.
Executives
Wenbing Wang director 21ST FLOOR, BUILDING B, JIA MING CENTER, NO. 27 DONG SAN HUAN NORTH ROAD, CHAOYANG DISTRICT, BEIJING F4 100020

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