SPOM (SPO Global) Interest Coverage: 955.00 (As of Sep. 2023)

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What is SPO Global Interest Coverage?

SPO Global SPOM Interest Coverage is 955.00 as of Sep. 2023.

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. SPO Global's Operating Income for the three months ended in Sep. 2023 was $0.96 Mil. SPO Global's Interest Expense for the three months ended in Sep. 2023 was $-0.00 Mil. SPO Global's interest coverage for the quarter that ended in Sep. 2023 was 955.00. The higher the ratio, the stronger the company's financial strength is.

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


SPOM's Interest Coverage is not ranked *
in the Conglomerates industry.
Industry Median: 5.29
* 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.


SPO Global  (OTCPK:SPOM) 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 .


SPO Global Interest Coverage Related Terms


SPO Global Interest Coverage Historical Data

* Premium members only.

The historical data trend for SPO Global'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.

SPO Global Interest Coverage Chart

SPO Global Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

SPO Global Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep22 Sep23
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 N/A No Debt 955.00

SPOM vs PTEEF, IDVV, LCCN: Interest Coverage Comparison

For the Conglomerates subindustry, SPO Global'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.


SPO Global Interest Coverage vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, SPO Global's Interest Coverage distribution charts can be found below:

* The bar in red indicates where SPO Global's Interest Coverage falls into.



SPO Global 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.

SPO Global's Interest Coverage for the fiscal year that ended in Dec. 2016 is calculated as

Here, for the fiscal year that ended in Dec. 2016, SPO Global's Interest Expense was $-14.91 Mil. Its Operating Income was $-0.18 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.26 Mil.

SPO Global did not have earnings to cover the interest expense.

SPO Global's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Here, for the three months ended in Sep. 2023, SPO Global's Interest Expense was $-0.00 Mil. Its Operating Income was $0.96 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Interest Coverage=-1* Operating Income (Q: Sep. 2023 )/Interest Expense (Q: Sep. 2023 )
=-1*0.955/-0.001
=955.00

* 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 955.00 mean?
SPO Global (SPOM) has a Interest Coverage of 955.00 as of Sep. 2023. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on SPO Global and its competitors.
Is SPO Global's Interest Coverage too high?
SPO Global's current Interest Coverage is 955.00. The Conglomerates industry median Interest Coverage is 5.29. SPO Global's value of 955.00 is 17952.9% above this industry median.
How does SPO Global's Interest Coverage compare to PTEEF and IDVV?
SPO Global's Interest Coverage of 955.00 can be compared against companies in the Conglomerates industry. The industry median Interest Coverage is 5.29. SPO Global's value of 955.00 is 17952.9% above this benchmark. 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 Conglomerates company?
The median Interest Coverage among Conglomerates companies is 5.29, based on 423 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. SPO Global's current Interest Coverage of 955.00 is 17952.9% above the industry median. 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 SPO Global and its competitors. For the Conglomerates industry, the median Interest Coverage is 5.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SPO Global's current Interest Coverage is 955.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPO Global stock overvalued right now?
SPO Global (SPOM) has a current Interest Coverage of 955.00. The current Interest Coverage is 955.00 and 17952.9% above the Conglomerates industry median of 5.29. 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 SPO Global (SPOM), the current Interest Coverage is 955.00 as of Sep. 2023. 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.

SPO Global Business Description

Address 6343 All American Boulevard, Orlando, FL, USA, 32810
SPO Global Inc is engaged in the development and structuring of climate-related projects, with a focus on carbon capture and offsetting mechanisms.