LSCG (Lighting Science Group) Interest Coverage: 0 (At Loss) (As of Mar. 2017)


What is Lighting Science Group Interest Coverage?

Lighting Science Group LSCG Interest Coverage is 0 (At Loss) as of Mar. 2017.

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. Lighting Science Group's Operating Income for the three months ended in Mar. 2017 was $-4.14 Mil. Lighting Science Group's Interest Expense for the three months ended in Mar. 2017 was $-1.84 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 Lighting Science Group's Interest Coverage or its related term are showing as below:


LSCG's Interest Coverage is not ranked *
in the Industrial Products industry.
Industry Median: 14.79
* 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.

Lighting Science Group  (OTCPK:LSCG) 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 .

Lighting Science Group Interest Coverage Related Terms

Lighting Science Group Interest Coverage Historical Data

* Premium members only.

The historical data trend for Lighting Science Group'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.

Lighting Science Group Interest Coverage Chart

Lighting Science Group Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Lighting Science Group Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 0.00 0.00 0.00 0.00 0.00

LSCG vs GNAL, WAYS, ALPP: Interest Coverage Comparison

For the Electrical Equipment & Parts subindustry, Lighting Science Group'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.

Lighting Science Group Interest Coverage vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Lighting Science Group's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Lighting Science Group's Interest Coverage falls into.


Lighting Science Group 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.

Lighting Science Group's Interest Coverage for the fiscal year that ended in Dec. 2016 is calculated as

Here, for the fiscal year that ended in Dec. 2016, Lighting Science Group's Interest Expense was $-7.14 Mil. Its Operating Income was $-16.51 Mil. And its Long-Term Debt & Capital Lease Obligation was $28.86 Mil.

Lighting Science Group did not have earnings to cover the interest expense.

Lighting Science Group's Interest Coverage for the quarter that ended in Mar. 2017 is calculated as

Here, for the three months ended in Mar. 2017, Lighting Science Group's Interest Expense was $-1.84 Mil. Its Operating Income was $-4.14 Mil. And its Long-Term Debt & Capital Lease Obligation was $29.39 Mil.

Lighting Science Group 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0 (At Loss) mean?
Lighting Science Group (LSCG) has a Interest Coverage of 0 (At Loss) as of Mar. 2017. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Lighting Science Group and its competitors.
Is Lighting Science Group's Interest Coverage too high?
Lighting Science Group's current Interest Coverage is 0 (At Loss).
How does Lighting Science Group's Interest Coverage compare to GNAL and WAYS?
Lighting Science Group's Interest Coverage of 0 (At Loss) can be compared against companies in the Industrial Products industry. The industry median Interest Coverage is 14.79. 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 14.79, based on 2,329 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 Lighting Science Group and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lighting Science Group's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lighting Science Group stock overvalued right now?
Lighting Science Group (LSCG) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). 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 Lighting Science Group (LSCG), the current Interest Coverage is 0 (At Loss) as of Mar. 2017. 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.

Lighting Science Group Business Description

Address 1350 Division Road, Suite 204, West Warwick, RI, USA, 02893
Lighting Science Group Corp provides LED solutions for home and businesses. Its products include LED lights, biological lamps, types of bulbs, LED tubes, grow light, solar street light, durabulb etc. The company has patents for its most of the products.