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Carbon Streaming (NEOE:NETZ) Interest Coverage : N/A (As of Dec. 2024)


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What is Carbon Streaming 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. Carbon Streaming's Operating Income for the three months ended in Dec. 2024 was C$-20.67 Mil. Carbon Streaming's Interest Expense for the three months ended in Dec. 2024 was C$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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Carbon Streaming Corp has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Carbon Streaming's Interest Coverage or its related term are showing as below:


NEOE:NETZ's Interest Coverage is not ranked *
in the Asset Management industry.
Industry Median: 54.89
* 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.


Carbon Streaming Interest Coverage Historical Data

The historical data trend for Carbon Streaming'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.

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Carbon Streaming Interest Coverage Chart

Carbon Streaming Annual Data
Trend Jun11 Jun12 Jun13 Jun18 Jun19 Jun20 Jun21 Jun22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt N/A N/A

Carbon Streaming Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 N/A N/A N/A N/A N/A

Competitive Comparison of Carbon Streaming's Interest Coverage

For the Asset Management subindustry, Carbon Streaming'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.


Carbon Streaming's Interest Coverage Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Carbon Streaming's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Carbon Streaming's Interest Coverage falls into.


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Carbon Streaming 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.

Carbon Streaming's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Carbon Streaming's Interest Expense was C$0.00 Mil. Its Operating Income was C$-93.27 Mil. And its Long-Term Debt & Capital Lease Obligation was C$0.06 Mil.

GuruFocus does not calculate Carbon Streaming's interest coverage with the available data.

Carbon Streaming's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, Carbon Streaming's Interest Expense was C$0.00 Mil. Its Operating Income was C$-20.67 Mil. And its Long-Term Debt & Capital Lease Obligation was C$0.06 Mil.

GuruFocus does not calculate Carbon Streaming'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.


Carbon Streaming  (NEOE:NETZ) 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 .


Carbon Streaming Interest Coverage Related Terms

Thank you for viewing the detailed overview of Carbon Streaming's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Carbon Streaming Business Description

Traded in Other Exchanges
Address
800 West Pender Street, Suite 530, Vancouver, BC, CAN, V6C 2V6
Carbon Streaming Corp is a carbon credit streaming and royalty company focused on providing capital to carbon projects globally, mainly by entering into or acquiring streaming, royalty, or other similar arrangements to purchase carbon credits from the underlying project and then generating cash flow from the sale of carbon credits. The company uses stream financing to scale high-integrity carbon credit projects that seek to accelerate climate action globally and make progress towards the United Nations Sustainable Development Goals. It has ventured into a diversified portfolio of projects, including the Azuero Reforestation project, Enfield Biochar project, Sheep Creek Reforestation, Magdalena Bay Blue Carbon project, Nalgona Rice Farming, and Feather River Reforestation, among others.
Executives
Marin Katusa Senior Officer
Alice Schroeder Director
Justin Cochrane Senior Officer
Michael Psihogios Senior Officer
Geoffrey Smith Senior Officer
Maurice Swan Director
Saurabh Handa Director
Robert Marc Bustin Director

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