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Burj Clean Energy Modaraba (KAR:GEMBCEM) Interest Coverage : 0 (At Loss) (As of . 20)


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What is Burj Clean Energy Modaraba 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. Burj Clean Energy Modaraba's Operating Income for the six months ended in . 20 was ₨0.00 Mil. Burj Clean Energy Modaraba'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 Burj Clean Energy Modaraba's Interest Coverage or its related term are showing as below:


KAR:GEMBCEM's Interest Coverage is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 3.05
* 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.


Burj Clean Energy Modaraba Interest Coverage Historical Data

The historical data trend for Burj Clean Energy Modaraba'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.

Burj Clean Energy Modaraba Interest Coverage Chart

Burj Clean Energy Modaraba Annual Data
Trend
Interest Coverage

Burj Clean Energy Modaraba Semi-Annual Data
Interest Coverage

Competitive Comparison of Burj Clean Energy Modaraba's Interest Coverage

For the Utilities - Renewable subindustry, Burj Clean Energy Modaraba'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.


Burj Clean Energy Modaraba's Interest Coverage Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Burj Clean Energy Modaraba's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Burj Clean Energy Modaraba's Interest Coverage falls into.


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Burj Clean Energy Modaraba 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.

Burj Clean Energy Modaraba's Interest Coverage for the fiscal year that ended in . 20 is calculated as

Here, for the fiscal year that ended in . 20, Burj Clean Energy Modaraba'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.

Burj Clean Energy Modaraba had no debt (1).

Burj Clean Energy Modaraba's Interest Coverage for the quarter that ended in . 20 is calculated as

Here, for the six months ended in . 20, Burj Clean Energy Modaraba'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.

Burj Clean Energy Modaraba 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.


Burj Clean Energy Modaraba  (KAR:GEMBCEM) 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 .


Burj Clean Energy Modaraba Interest Coverage Related Terms

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Burj Clean Energy Modaraba Business Description

Traded in Other Exchanges
N/A
Address
Al Murtaza Commercial Lane 2, Phase VIII, Office 202, 2nd Floor, 11 C, DHA Karachi, Karachi, SD, PAK
Burj Clean Energy Modaraba is a multipurpose, perpetual, and multi-dimensional Modaraba company. The company is engaged in renewable power development focusing on utility-scale IPPs and Distributed Generation solutions for Industrial, Commercial, and Residential scale customers and operates from the Karachi office. The projects of the company include Jhimpir Power, Power Cement Limited Solar Power, World Trade Center, and others.

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