Inspirit Energy Holdings (LSE:INSP) Interest Coverage: No Debt (1) (As of Dec. 2024)


What is Inspirit Energy Holdings Interest Coverage?

Inspirit Energy Holdings LSE:INSP Interest Coverage is No Debt (1) as of Dec. 2024.

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. Inspirit Energy Holdings's Operating Income for the six months ended in Dec. 2024 was £-0.08 Mil. Inspirit Energy Holdings's Interest Expense for the six months ended in Dec. 2024 was £0.00 Mil. Inspirit Energy Holdings has no debt. 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 Inspirit Energy Holdings's Interest Coverage or its related term are showing as below:


LSE:INSP's Interest Coverage is not ranked *
in the Diversified Financial Services industry.
Industry Median: No Debt
* 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.

Inspirit Energy Holdings  (LSE:INSP) 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 .

Inspirit Energy Holdings Interest Coverage Related Terms

Inspirit Energy Holdings Interest Coverage Historical Data

* Premium members only.

The historical data trend for Inspirit Energy Holdings'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.

Inspirit Energy Holdings Interest Coverage Chart

Inspirit Energy Holdings Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Inspirit Energy Holdings Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 No Debt No Debt No Debt No Debt No Debt

LSE:INSP vs AACT, CEP, EQV: Interest Coverage Comparison

For the Shell Companies subindustry, Inspirit Energy Holdings'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.

Inspirit Energy Holdings Interest Coverage vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Inspirit Energy Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Inspirit Energy Holdings's Interest Coverage falls into.


Inspirit Energy Holdings 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.

Inspirit Energy Holdings's Interest Coverage for the fiscal year that ended in Jun. 2024 is calculated as

Here, for the fiscal year that ended in Jun. 2024, Inspirit Energy Holdings's Interest Expense was £0.00 Mil. Its Operating Income was £-0.31 Mil. And its Long-Term Debt & Capital Lease Obligation was £0.00 Mil.

Inspirit Energy Holdings had no debt (1).

Inspirit Energy Holdings's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, Inspirit Energy Holdings's Interest Expense was £0.00 Mil. Its Operating Income was £-0.08 Mil. And its Long-Term Debt & Capital Lease Obligation was £0.00 Mil.

Inspirit Energy Holdings 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of No Debt <sup>(1)</sup> mean?
Inspirit Energy Holdings (LSE:INSP) has a Interest Coverage of No Debt (1) as of Dec. 2024. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Inspirit Energy Holdings and its competitors.
Is Inspirit Energy Holdings' Interest Coverage too high?
Inspirit Energy Holdings' current Interest Coverage is No Debt (1).
How does Inspirit Energy Holdings' Interest Coverage compare to AACT and CEP?
Inspirit Energy Holdings' Interest Coverage of No Debt (1) can be compared against companies in the Diversified Financial Services industry. The industry median Interest Coverage is 10,000.00. 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 a Diversified Financial Services company?
The median Interest Coverage among Diversified Financial Services companies is 10,000.00, based on 395 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 Inspirit Energy Holdings and its competitors. For the Diversified Financial Services industry, the median Interest Coverage is 10,000.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Inspirit Energy Holdings's current Interest Coverage is No Debt (1). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inspirit Energy Holdings stock overvalued right now?
Inspirit Energy Holdings (LSE:INSP) has a current Interest Coverage of No Debt (1). The current Interest Coverage is No Debt (1). 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 Inspirit Energy Holdings (LSE:INSP), the current Interest Coverage is No Debt (1) as of Dec. 2024. 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.

Inspirit Energy Holdings Business Description

Address C/o GIS, 200 Aldersgate Street, London, GBR, EC1A 4HD
Inspirit Energy Holdings PLC is a UK-based company engaged in the development and commercialization of the mCHP boiler and application of the Stirling technology in other sectors such as marine, waste energy recycling, and automotive truck industries. The company is currently focusing its energies on preserving its existing cash balances to pursue other opportunities and has become a cash shell company. Geographically, it currently only operates in the United Kingdom.