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Powin Energy (Powin Energy) Interest Coverage : 0 (At Loss) (As of Sep. 2018)


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What is Powin 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. Powin Energy's Operating Income for the three months ended in Sep. 2018 was $-1.67 Mil. Powin Energy's Interest Expense for the three months ended in Sep. 2018 was $-0.23 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 Powin Energy's Interest Coverage or its related term are showing as below:


PWON's Interest Coverage is not ranked *
in the Industrial Products industry.
Industry Median: 13.79
* 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.


Powin Energy Interest Coverage Historical Data

The historical data trend for Powin 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.

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Powin Energy Interest Coverage Chart

Powin Energy Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Interest Coverage
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Powin Energy Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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Competitive Comparison of Powin Energy's Interest Coverage

For the Electrical Equipment & Parts subindustry, Powin 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.


Powin Energy's Interest Coverage Distribution in the Industrial Products Industry

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

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



Powin 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.

Powin Energy's Interest Coverage for the fiscal year that ended in Dec. 2017 is calculated as

Here, for the fiscal year that ended in Dec. 2017, Powin Energy's Interest Expense was $0.00 Mil. Its Operating Income was $-7.77 Mil. And its Long-Term Debt & Capital Lease Obligation was $5.70 Mil.

GuruFocus does not calculate Powin Energy's interest coverage with the available data.

Powin Energy's Interest Coverage for the quarter that ended in Sep. 2018 is calculated as

Here, for the three months ended in Sep. 2018, Powin Energy's Interest Expense was $-0.23 Mil. Its Operating Income was $-1.67 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Powin 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.


Powin Energy  (OTCPK:PWON) 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 .


Powin Energy Interest Coverage Related Terms

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


Powin Energy (Powin Energy) Business Description

Traded in Other Exchanges
N/A
Address
20550 South West 115th Avenue, Tualatin, OR, USA, 97062
Powin Energy Corp is a designer and developer of safe and scalable energy storage solutions for utilities and microgrid. The company is focused on the rapidly growing advanced energy storage industry, supported by its patented Battery Pack Operating System. The company's BESS is the battery storage system gives multi-layer visibility into the health of their energy storage system - down to the cell level - through its patented Battery Pack Operating System. It is also the only portable large-scale energy storage system, giving facilities managers unprecedented flexibility in how, where, and when their storage system is deployed.
Executives
Craig S. Eastwood officer: Chief Financial Officer 1111 MAIN STREET, SUITE 660, VANCOUVER WA 98660

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