SCST (Suncast Solar Energy) Interest Coverage: 0 (At Loss) (As of Dec. 2008)


What is Suncast Solar Energy Interest Coverage?

Suncast Solar Energy SCST Interest Coverage is 0 (At Loss) as of Dec. 2008.

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. Suncast Solar Energy's Operating Income for the three months ended in Dec. 2008 was $-0.65 Mil. Suncast Solar Energy's Interest Expense for the three months ended in Dec. 2008 was $-0.25 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 Suncast Solar Energy's Interest Coverage or its related term are showing as below:


SCST's Interest Coverage is not ranked *
in the Waste Management industry.
Industry Median: 5.87
* 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.

Suncast Solar Energy  (OTCPK:SCST) 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 .

Suncast Solar Energy Interest Coverage Related Terms

Suncast Solar Energy Interest Coverage Historical Data

* Premium members only.

The historical data trend for Suncast Solar 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.

Suncast Solar Energy Interest Coverage Chart

Suncast Solar Energy Annual Data
Trend Jun99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt N/A 0.23 0.00 0.00

Suncast Solar Energy Quarterly Data
Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08
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 0.00 0.00 0.23 0.00 0.00

SCST vs ECEZ, CESX, ALAN: Interest Coverage Comparison

For the Waste Management subindustry, Suncast Solar 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.

Suncast Solar Energy Interest Coverage vs Waste Management Industry

For the Waste Management industry and Industrials sector, Suncast Solar Energy's Interest Coverage distribution charts can be found below:

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


Suncast Solar 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.

Suncast Solar Energy's Interest Coverage for the fiscal year that ended in Dec. 2008 is calculated as

Here, for the fiscal year that ended in Dec. 2008, Suncast Solar Energy's Interest Expense was $-0.56 Mil. Its Operating Income was $-1.05 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.40 Mil.

Suncast Solar Energy did not have earnings to cover the interest expense.

Suncast Solar Energy's Interest Coverage for the quarter that ended in Dec. 2008 is calculated as

Here, for the three months ended in Dec. 2008, Suncast Solar Energy's Interest Expense was $-0.25 Mil. Its Operating Income was $-0.65 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.40 Mil.

Suncast Solar 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0 (At Loss) mean?
Suncast Solar Energy (SCST) has a Interest Coverage of 0 (At Loss) as of Dec. 2008. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Suncast Solar Energy and its competitors.
Is Suncast Solar Energy's Interest Coverage too high?
Suncast Solar Energy's current Interest Coverage is 0 (At Loss).
How does Suncast Solar Energy's Interest Coverage compare to ECEZ and CESX?
Suncast Solar Energy's Interest Coverage of 0 (At Loss) can be compared against companies in the Waste Management industry. The industry median Interest Coverage is 5.87. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Waste Management company?
The median Interest Coverage among Waste Management companies is 5.87, based on 163 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Suncast Solar Energy and its competitors. For the Waste Management industry, the median Interest Coverage is 5.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Suncast Solar Energy's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suncast Solar Energy stock overvalued right now?
Suncast Solar Energy (SCST) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Suncast Solar Energy (SCST), the current Interest Coverage is 0 (At Loss) as of Dec. 2008. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Suncast Solar Energy Business Description

Address 1550 Larimer Street, 306, Denver, CO, USA, 80202
Suncast Solar Energy Inc provides environmental testing and other services within the United States.