Star Peak Energy Transition (Star Peak Energy Transition) Interest Coverage : No Debt ⁽¹⁾ (As of Dec. 2020)

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What is Star Peak Energy Transition 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. Star Peak Energy Transition's Operating Income for the three months ended in Dec. 2020 was $-3.11 Mil. Star Peak Energy Transition's Interest Expense for the three months ended in Dec. 2020 was $0.00 Mil. Star Peak Energy Transition has no debt. The higher the ratio, the stronger the company's financial strength is.

(1) 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.

The historical rank and industry rank for Star Peak Energy Transition's Interest Coverage or its related term are showing as below:

STPK's Interest Coverage is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: No Debt
* 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.

Star Peak Energy Transition Interest Coverage Historical Data

The historical data trend for Star Peak Energy Transition'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.

Star Peak Energy Transition Interest Coverage Chart

Star Peak Energy Transition Annual Data

Trend

Dec18

Dec19

Dec20

Interest Coverage

No Debt

Star Peak Energy Transition Quarterly Data
	Sep19	Dec19	Jun20	Sep20	Dec20
Interest Coverage	No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Star Peak Energy Transition's Interest Coverage

For the Shell Companies subindustry, Star Peak Energy Transition'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.

Star Peak Energy Transition's Interest Coverage Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Star Peak Energy Transition's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Star Peak Energy Transition's Interest Coverage falls into.

Star Peak Energy Transition 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.

Star Peak Energy Transition's Interest Coverage for the fiscal year that ended in Dec. 2020 is calculated as

Here, for the fiscal year that ended in Dec. 2020, Star Peak Energy Transition's Interest Expense was $0.00 Mil. Its Operating Income was $-3.50 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Star Peak Energy Transition had no debt ⁽¹⁾.

Star Peak Energy Transition's Interest Coverage for the quarter that ended in Dec. 2020 is calculated as

Here, for the three months ended in Dec. 2020, Star Peak Energy Transition's Interest Expense was $0.00 Mil. Its Operating Income was $-3.11 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Star Peak Energy Transition had no debt ⁽¹⁾.

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

Star Peak Energy Transition (NYSE:STPK) 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 .

Star Peak Energy Transition Interest Coverage Related Terms

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