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Integrated Environmental Technologies (Integrated Environmental Technologies) Interest Coverage : 0 (At Loss) (As of Sep. 2016)


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What is Integrated Environmental Technologies 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 Environmental Technologies's Operating Income for the three months ended in Sep. 2016 was $-0.50 Mil. Integrated Environmental Technologies's Interest Expense for the three months ended in Sep. 2016 was $-0.15 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 Environmental Technologies's Interest Coverage or its related term are showing as below:


IEVM's Interest Coverage is not ranked *
in the Chemicals industry.
Industry Median: 9.71
* 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.


Integrated Environmental Technologies Interest Coverage Historical Data

The historical data trend for Integrated Environmental 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.

* Premium members only.

Integrated Environmental Technologies Interest Coverage Chart

Integrated Environmental Technologies Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Interest Coverage
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Integrated Environmental Technologies Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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Competitive Comparison of Integrated Environmental Technologies's Interest Coverage

For the Chemicals subindustry, Integrated Environmental 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.


Integrated Environmental Technologies's Interest Coverage Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Integrated Environmental Technologies's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Integrated Environmental Technologies's Interest Coverage falls into.



Integrated Environmental 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.

Integrated Environmental Technologies's Interest Coverage for the fiscal year that ended in Dec. 2015 is calculated as

Here, for the fiscal year that ended in Dec. 2015, Integrated Environmental Technologies's Interest Expense was $-0.06 Mil. Its Operating Income was $-3.00 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.79 Mil.

Integrated Environmental Technologies did not have earnings to cover the interest expense.

Integrated Environmental Technologies's Interest Coverage for the quarter that ended in Sep. 2016 is calculated as

Here, for the three months ended in Sep. 2016, Integrated Environmental Technologies's Interest Expense was $-0.15 Mil. Its Operating Income was $-0.50 Mil. And its Long-Term Debt & Capital Lease Obligation was $1.35 Mil.

Integrated Environmental Technologies 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.


Integrated Environmental Technologies  (OTCPK:IEVM) 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 Environmental Technologies Interest Coverage Related Terms

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


Integrated Environmental Technologies (Integrated Environmental Technologies) Business Description

Traded in Other Exchanges
N/A
Address
4235 Commerce Street, Little River, SC, USA, 29566
Integrated Environmental Technologies Ltd is a US based company engaged in the production of a hypochlorous acid based solution, commonly known as anolyte and anti-oxidizing, mildly alkaline solution, commonly known as catholyte. It markets anolyte under the brand name Excelyte and catholyte under the brand name Catholyte Zero. The group also manufactures equipment to produce Excelyte and Catholyte Zero. It sells the products to customers in the oil and gas industry and in other industries. Its oil and gas customers are located in Utah, New Mexico and Texas and the other customers are located in the geographical regions throughout the US. The firm segments its activities in the oil and gas business into three categories, Well Maintenance, Drilling and Completions and Water Remediation.
Executives
Lavance David R Jr director, officer: President and CEO C/O HOLOGIC, INC., BEDFORD MA 01730
Anthony Iii Giordano director 4 KELLY LANE, LONG BRANCH NJ 07740
Kubacki Raymond C Jr director 125 NAGOG PARK, ACTON MA 01720
William E Prince director, officer: President & CEO
Paul Branagan other: Former Director of the Company
Gary Grieco 10 percent owner 10457 W. 84TH TERRACE, LENEXA KS 66214

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