Lb-shell (LSE:LBP) Interest Coverage: N/A (As of May. 2018)


What is Lb-shell Interest Coverage?

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. Lb-shell's Operating Income for the six months ended in May. 2018 was £-0.33 Mil. Lb-shell's Interest Expense for the six months ended in May. 2018 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 Lb-shell's Interest Coverage or its related term are showing as below:


LSE:LBP'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.

Lb-shell  (LSE:LBP) 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 .

Lb-shell Interest Coverage Related Terms

Lb-shell Interest Coverage Historical Data

* Premium members only.

The historical data trend for Lb-shell'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.

Lb-shell Interest Coverage Chart

Lb-shell Annual Data
Trend Sep11 Sep12 Sep13 Sep14 Sep15
Interest Coverage
0.00 0.60 0.00 0.00 0.00

Lb-shell Semi-Annual Data
Sep11 Sep12 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 May18
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 19.30 0.00 N/A

LSE:LBP vs APGI: Interest Coverage Comparison

For the Electrical Equipment & Parts subindustry, Lb-shell'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.

Lb-shell Interest Coverage vs Industrial Products Industry

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

* The bar in red indicates where Lb-shell's Interest Coverage falls into.


Lb-shell 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.

Lb-shell's Interest Coverage for the fiscal year that ended in Sep. 2015 is calculated as

Here, for the fiscal year that ended in Sep. 2015, Lb-shell's Interest Expense was £-0.20 Mil. Its Operating Income was £-53.80 Mil. And its Long-Term Debt & Capital Lease Obligation was £0.00 Mil.

Lb-shell did not have earnings to cover the interest expense.

Lb-shell's Interest Coverage for the quarter that ended in May. 2018 is calculated as

Here, for the six months ended in May. 2018, Lb-shell's Interest Expense was £0.00 Mil. Its Operating Income was £-0.33 Mil. And its Long-Term Debt & Capital Lease Obligation was £0.44 Mil.

GuruFocus does not calculate Lb-shell'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.

Lb-shell Business Description

Address Holywell Park, Ashby Road, Charnwood Building, Loughborough, Leicestershire, GBR, LE11 3GB
Lb-shell PLC operates through its subsidiary and is engaged in the fuel cell engineering business. It develops proton-exchange membrane hydrogen fuel cells as a clean energy solution for the distributed energy, diesel replacement, automotive and aerial drone markets. Some of the company's products are Fuel cell power for UAVS, Automotive products, and others.