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PALAF (Paladin Energy) Interest Coverage : 0 (At Loss) (As of Dec. 2024)


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What is Paladin Energy 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. Paladin Energy's Operating Income for the six months ended in Dec. 2024 was $-8.18 Mil. Paladin Energy's Interest Expense for the six months ended in Dec. 2024 was $-10.91 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 Paladin Energy's Interest Coverage or its related term are showing as below:

PALAF' s Interest Coverage Range Over the Past 10 Years
Min: 0.19   Med: 2.82   Max: 5.45
Current: 3.64


PALAF's Interest Coverage is ranked worse than
74.8% of 123 companies
in the Other Energy Sources industry
Industry Median: 14.45 vs PALAF: 3.64

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Paladin Energy Interest Coverage Historical Data

The historical data trend for Paladin 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.

* Premium members only.

Paladin Energy Interest Coverage Chart

Paladin Energy 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 - - - - 5.45

Paladin Energy 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 - - - 11.15 -

Competitive Comparison of Paladin Energy's Interest Coverage

For the Uranium subindustry, Paladin 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.


Paladin Energy's Interest Coverage Distribution in the Other Energy Sources Industry

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

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


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Paladin 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.

Paladin Energy'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, Paladin Energy's Interest Expense was $-11.96 Mil. Its Operating Income was $65.18 Mil. And its Long-Term Debt & Capital Lease Obligation was $133.69 Mil.

Interest Coverage=-1* Operating Income (A: Jun. 2024 )/Interest Expense (A: Jun. 2024 )
=-1*65.175/-11.961
=5.45

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

Here, for the six months ended in Dec. 2024, Paladin Energy's Interest Expense was $-10.91 Mil. Its Operating Income was $-8.18 Mil. And its Long-Term Debt & Capital Lease Obligation was $179.48 Mil.

Paladin 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.


Paladin Energy  (OTCPK:PALAF) 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 .


Paladin Energy Interest Coverage Related Terms

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


Paladin Energy Business Description

Traded in Other Exchanges
Address
191 St Georges Terrace, Level 11, Perth, WA, AUS, 6000
Paladin Energy Ltd is engaged in the production of uranium, and it operates through its various projects that are located in Australia and Africa. The operating segments of the group are Exploration, Namibia, and Australia. The segment activity in Namibia is the production and sale of uranium from the mines located in these geographic regions. The Australian segment includes its sales, marketing, and corporate functions, and the Exploration segment is focused on developing exploration and evaluation projects in Australia and Canada. The company's projects include Langer Heinrich Mine in Namibia, the Michelin project in Canada, and Manyingee, Carly Bore, and the Mount ISA projects in Australia.

Paladin Energy Headlines

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