Kibo Energy (LSE:KIBO) Interest Coverage: 0 (At Loss) (As of Jun. 2024)


What is Kibo Energy Interest Coverage?

Kibo Energy LSE:KIBO Interest Coverage is 0 (At Loss) as of Jun. 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. Kibo Energy's Operating Income for the six months ended in Jun. 2024 was £-0.88 Mil. Kibo Energy's Interest Expense for the six months ended in Jun. 2024 was £-0.06 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 Kibo Energy's Interest Coverage or its related term are showing as below:


LSE:KIBO's Interest Coverage is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 2.77
* 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.

Kibo Energy  (LSE:KIBO) 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 .

Kibo Energy Interest Coverage Related Terms

Kibo Energy Interest Coverage Historical Data

* Premium members only.

The historical data trend for Kibo Energy'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.

Kibo Energy Interest Coverage Chart

Kibo Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt 0.00 0.00 0.00 0.00

Kibo Energy Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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:KIBO vs CEG: Interest Coverage Comparison

For the Utilities - Renewable subindustry, Kibo Energy'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.

Kibo Energy Interest Coverage vs Utilities - Independent Power Producers Industry

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

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


Kibo Energy 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.

Kibo Energy'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, Kibo Energy's Interest Expense was £-0.21 Mil. Its Operating Income was £-2.37 Mil. And its Long-Term Debt & Capital Lease Obligation was £0.85 Mil.

Kibo Energy did not have earnings to cover the interest expense.

Kibo Energy's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Here, for the six months ended in Jun. 2024, Kibo Energy's Interest Expense was £-0.06 Mil. Its Operating Income was £-0.88 Mil. And its Long-Term Debt & Capital Lease Obligation was £0.00 Mil.

Kibo Energy 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?
Kibo Energy (LSE:KIBO) has a Interest Coverage of 0 (At Loss) as of Jun. 2024. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Kibo Energy and its competitors.
Is Kibo Energy's Interest Coverage too high?
Kibo Energy's current Interest Coverage is 0 (At Loss).
How does Kibo Energy's Interest Coverage compare to CEG?
Kibo Energy's Interest Coverage of 0 (At Loss) can be compared against companies in the Utilities - Independent Power Producers industry. The industry median Interest Coverage is 2.77. 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 Utilities - Independent Power Producers company?
The median Interest Coverage among Utilities - Independent Power Producers companies is 2.77, based on 321 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 Kibo Energy and its competitors. For the Utilities - Independent Power Producers industry, the median Interest Coverage is 2.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kibo Energy'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 Kibo Energy stock overvalued right now?
Kibo Energy (LSE:KIBO) 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 Kibo Energy (LSE:KIBO), the current Interest Coverage is 0 (At Loss) as of Jun. 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.

Kibo Energy Business Description

Address Headford Road, Gray Office Park, Galway Retail Park, Galway, IRL
Kibo Energy PLC is engaged in exploring and developing coal and other minerals in Tanzania. Geographically, it has a presence in Tanzania, Ireland, the United Kingdom, South Africa, Cyprus, and Canada. Its project portfolio includes the Benga Power Plant Project (BPPP), the Mabesekwa Coal Independent Power Project (MCIPP), the Mbeya Coal to Power Project (MCPP), and Mast Energy Developments (MED). The company's current projects are Sustainable Energy (waste to energy), and Reserve power.