H-Power (LSE:HPOW) Interest Coverage: 0 (At Loss) (As of Apr. 2026)


LSE:HPOW H-Power PLC LSE:HPOW
36 GF Score
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What is H-Power Interest Coverage?

H-Power LSE:HPOW -2.66% 36 Interest Coverage is 0 (At Loss) as of Apr. 2026. GuruFocus rates LSE:HPOW with a GF Score™ of 36/100. The stock has 4 warning signs investors should review. Among 2,329 Industrial Products companies, H-Power ranks worse than 42936.84% on this metric.

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. H-Power's Operating Income for the six months ended in Apr. 2026 was £-7.60 Mil. H-Power's Interest Expense for the six months ended in Apr. 2026 was £-0.04 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 H-Power's Interest Coverage or its related term are showing as below:


LSE:HPOW's Interest Coverage is not ranked *
in the Industrial Products industry.
Industry Median: 14.8
* 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.


H-Power  (LSE:HPOW) 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 .


H-Power Interest Coverage Related Terms


H-Power Interest Coverage Historical Data

* Premium members only.

The historical data trend for H-Power'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.

H-Power Interest Coverage Chart

H-Power Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

H-Power Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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

LSE:HPOW vs VRT, BE: Interest Coverage Comparison

For the Electrical Equipment & Parts subindustry, H-Power'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.


H-Power Interest Coverage vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, H-Power's Interest Coverage distribution charts can be found below:

* The bar in red indicates where H-Power's Interest Coverage falls into.


LSE:HPOW
36GF Score
H-Power PLC LSE:HPOW
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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H-Power 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.

H-Power's Interest Coverage for the fiscal year that ended in Oct. 2025 is calculated as

Here, for the fiscal year that ended in Oct. 2025, H-Power's Interest Expense was £-0.03 Mil. Its Operating Income was £-22.88 Mil. And its Long-Term Debt & Capital Lease Obligation was £0.08 Mil.

H-Power did not have earnings to cover the interest expense.

H-Power's Interest Coverage for the quarter that ended in Apr. 2026 is calculated as

Here, for the six months ended in Apr. 2026, H-Power's Interest Expense was £-0.04 Mil. Its Operating Income was £-7.60 Mil. And its Long-Term Debt & Capital Lease Obligation was £0.82 Mil.

H-Power 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?
H-Power (LSE:HPOW) has a Interest Coverage of 0 (At Loss) as of Apr. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on H-Power and its competitors. According to the industry distribution chart, H-Power ranks #999999 out of 2329 companies in the Industrial Products industry.
Is H-Power's Interest Coverage too high?
H-Power's current Interest Coverage is 0 (At Loss). Based on the distribution chart, H-Power ranks #999999 out of 2329 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, H-Power has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does H-Power's Interest Coverage compare to VRT and BE?
According to the Industrial Products industry distribution chart, H-Power ranks #999999 out of 2329 companies for Interest Coverage. This places H-Power in the lower half of its industry. The industry median Interest Coverage is 14.80. 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 14.80, 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 H-Power and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. H-Power'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 H-Power stock overvalued right now?
H-Power (LSE:HPOW) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). H-Power's overall GF Score™ is 36/100 with 4 warning signs to review. 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 H-Power (LSE:HPOW), the current Interest Coverage is 0 (At Loss) as of Apr. 2026. 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.

H-Power Business Description

Address Dunsfold Park, Unit 68.3, Canada Avenue, Cranleigh, Surrey, GBR, GU6 8TB
H-Power PLC is a provider of ammonia-based low carbon hydrogen production and hydrogen-to-power solutions. Its products include decentralised ammonia cracker systems and fuel cell generators designed to supply low-carbon hydrogen and power for industrial and off-grid applications. The company focuses on the commercial rollout of its hydrogen and power technologies and the development of modular ammonia cracker systems and fuel cell-based power solutions. Its technologies are intended to provide alternatives to conventional diesel-based power generation systems.
36GF Score

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Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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