CONSOL Coal Resources LP (CONSOL Coal Resources LP) Interest Coverage : 0 (At Loss) (As of Sep. 2020)

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What is CONSOL Coal Resources LP 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. CONSOL Coal Resources LP's Operating Income for the three months ended in Sep. 2020 was $-3.1 Mil. CONSOL Coal Resources LP's Interest Expense for the three months ended in Sep. 2020 was $-2.5 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 CONSOL Coal Resources LP's Interest Coverage or its related term are showing as below:

CCR's Interest Coverage is not ranked ^*
in the Other Energy Sources industry.
Industry Median: 22.025
* 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.

CONSOL Coal Resources LP Interest Coverage Historical Data

The historical data trend for CONSOL Coal Resources LP'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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CONSOL Coal Resources LP Interest Coverage Chart

CONSOL Coal Resources LP Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Interest Coverage

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7.60

3.77

5.17

10.92

7.48

CONSOL Coal Resources LP Quarterly Data
	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
Interest Coverage	Get a 7-Day Free Trial															4.70	5.57	-	-	-

Competitive Comparison of CONSOL Coal Resources LP's Interest Coverage

For the Thermal Coal subindustry, CONSOL Coal Resources LP'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.

CONSOL Coal Resources LP's Interest Coverage Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, CONSOL Coal Resources LP's Interest Coverage distribution charts can be found below:

* The bar in red indicates where CONSOL Coal Resources LP's Interest Coverage falls into.

CONSOL Coal Resources LP 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.

CONSOL Coal Resources LP's Interest Coverage for the fiscal year that ended in Dec. 2019 is calculated as

Here, for the fiscal year that ended in Dec. 2019, CONSOL Coal Resources LP's Interest Expense was $-6.6 Mil. Its Operating Income was $49.4 Mil. And its Long-Term Debt & Capital Lease Obligation was $194.1 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2019 )	/	Interest Expense (A: Dec. 2019 )
	=	-1	*	49.372	/	-6.604
	=	7.48

CONSOL Coal Resources LP's Interest Coverage for the quarter that ended in Sep. 2020 is calculated as

Here, for the three months ended in Sep. 2020, CONSOL Coal Resources LP's Interest Expense was $-2.5 Mil. Its Operating Income was $-3.1 Mil. And its Long-Term Debt & Capital Lease Obligation was $188.1 Mil.

CONSOL Coal Resources LP did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's Financial Strength is.

CONSOL Coal Resources LP (NYSE:CCR) 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 .

CONSOL Coal Resources LP Interest Coverage Related Terms

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

CONSOL Coal Resources LP (CONSOL Coal Resources LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » CONSOL Coal Resources LP (NYSE:CCR) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

1000 CONSOL Energy Drive, Suite 100, CNX Center, Canonsburg, PA, USA, 15317-6506

Website

http://www.ccrlp.com

CONSOL Coal Resources LP is engaged in the thermal coal operations in Pennsylvania. The company's assets include interests in CONSOL energy's Pennsylvania mining complex, which consists of approximately three underground mines (Bailey Mine, Enlow Fork Mine, and Harvey Mine) and related infrastructure that produce bituminous thermal coal that is sold primarily to electric utilities in the eastern United States. All the operations of the group are conducted at a single mining complex located in the Northern Appalachian Basin in southwestern Pennsylvania.

Executives

Jeffrey L Wallace	director, other: SEE REMARKS	1000 CONSOL ENERGY DRIVE CANONSBURG PA 15317
Michael L Greenwood	director, other: SEE REMARKS
Dan D Sandman	director, other: SEE REMARKS
Miteshkumar Thakkar	officer: See Remarks	1000 CONSOL DRIVE, SUITE 100, CANONSBURG PA 15317
John Rothka	officer: Chief Accounting Officer	2970 HENDERSON AVENUE, WASHINGTON PA 15301
Consol Energy Inc.	director, 10 percent owner	1000 CONSOL ENERGY DRIVE SUITE #100 CANONSBURG PA 15317
Greenlight Capital Inc	10 percent owner	140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
Dme Advisors, Lp	10 percent owner	140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
Dme Advisors Gp, L.l.c.	10 percent owner	140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
Dme Capital Management, Lp	10 percent owner	140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
David Einhorn	10 percent owner, other: See Footnotes (1) - (11)	140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
Deborah J. Lackovic	director, other: SEE REMARKS	C/O CONSOL COAL RESOURCES LP 100 CONSOL ENERGY DRIVE, SUITE 100 CANONSBURG PA 15317
Kurt R. Salvatori	director, other: SEE REMARKS	1000 CONSOL ENERGY DRIVE, CANONSBURG PA 15317
Martha A Wiegand	officer: SEE REMARKS	1000 CONSOL ENERGY DRIVE, CANONSBURG PA 15317
James A Brock	director, officer: SEE REMARKS	1000 CONSOL ENERGY DRIVE, CANONSBURG PA 15317