KLNG has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
KLNG has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
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. Koil Energy Solutions's Operating Income for the three months ended in Dec. 2023 was $-0.89 Mil. Koil Energy Solutions's Interest Expense for the three months ended in Dec. 2023 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.
The historical rank and industry rank for Koil Energy Solutions's Interest Coverage or its related term are showing as below:
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
The historical data trend for Koil Energy Solutions'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.
Koil Energy Solutions Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Interest Coverage | Get a 7-Day Free Trial | N/A | - | - | - | N/A |
Koil Energy Solutions Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Interest Coverage | Get a 7-Day Free Trial | - | - | - | N/A | N/A |
For the Oil & Gas Equipment & Services subindustry, Koil Energy Solutions'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.
For the Oil & Gas industry and Energy sector, Koil Energy Solutions's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Koil Energy Solutions's Interest Coverage falls into.
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.
Koil Energy Solutions's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as
Here, for the fiscal year that ended in Dec. 2023, Koil Energy Solutions's Interest Expense was $0.00 Mil. Its Operating Income was $-1.61 Mil. And its Long-Term Debt & Capital Lease Obligation was $6.16 Mil.
GuruFocus does not calculate Koil Energy Solutions's interest coverage with the available data. |
Koil Energy Solutions's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as
Here, for the three months ended in Dec. 2023, Koil Energy Solutions's Interest Expense was $0.00 Mil. Its Operating Income was $-0.89 Mil. And its Long-Term Debt & Capital Lease Obligation was $6.16 Mil.
GuruFocus does not calculate Koil Energy Solutions'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.
Koil Energy Solutions (OTCPK:KLNG) 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 .
Thank you for viewing the detailed overview of Koil Energy Solutions's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.
Trevor L Ashurst | officer: Vice President of Finance | 18511 BEAUMONT HIGHWAY, HOUSTON TX 77049 |
Ronald Eric Smith | director, 10 percent owner, officer: President, CEO and Director | 3020 SOUTH ISLAND DRIVE, SEABROOK TX 77586 |
Micah Thomas Simmons | officer: Chief Operating Officer | 18511 BEAUMONT HIGHWAY, HOUSTON TX 77049 |
Neal I Goldman | director | 170 SOUTHPORT DRIVE, MORRISVILLE NC 27560 |
David J. Douglas | director, 10 percent owner | 3889 MAPLE AVE., 6TH FLOOR, DALLAS TX 75219 |
Charles K Njuguna | officer: CHIEF FINANCIAL OFFICER | PO BOX 1389, CROSBY TX 77532 |
Eugene L Butler | director, officer: Chief Financial Officer | PO BOX 12818, HOUSTON TX 77217 |
Wellington Trust Company, National Association Multiple Common Trust Funds Trust, Micro Cap Equity Portfolio | 10 percent owner | C/O WELLINGTON TRUST COMPANY, NA, 280 CONGRESS STREET, BOSTON MA 02210 |
Mary Lynne Budrunas | director, 10 percent owner, officer: Secretary & Director | 3020 SOUTH ISLAND DRIVE, SEABROOK TX 77586 |
Mark Carden | director | 18511 BEAUMONT HIGHWAY, HOUSTON TX 77049 |
Randolph W Warner | director | 8827 W. SAM HOUSTON PKWY N, #100, HOUSTON TX 77040 |
Perlus Microcap Fund L.p. | 10 percent owner | CRICKET SQUARE, HUTCHINS DRIVE, P.O. BOX 268, GRAND CAYMAN E9 KY1-1111 |
Ira Selya | officer: Corporate Controller | 8827 W SAM HOUSTON PKWY N, STE 100, HOUSTON TX 77040 |
Gay Stanley Mayeux | officer: VP and CFO | 8827 W. SAM HOUSTON PKWY N., STE 100, HOUSTON TX 77040 |
Mark R Hollinger | director | 8827 W. SAM HOUSTON PKWY N, STE 100, HOUSTON TX 77040 |
From GuruFocus
By GuruFocusNews GuruFocusNews • 06-29-2022
By GuruFocusNews GuruFocusNews • 06-20-2022
By GuruFocusNews GuruFocusNews • 05-29-2022
By GuruFocusNews GuruFocusNews • 07-08-2022
By GuruFocusNews GuruFocusNews • 06-09-2022
By GuruFocusNews GuruFocusNews • 06-10-2022
By GuruFocusNews GuruFocusNews • 05-20-2022
By GuruFocusNews GuruFocusNews • 05-10-2022
By GlobeNewswire GlobeNewswire • 05-10-2022
By GlobeNewswire GlobeNewswire • 04-21-2022
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.