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BluSky Carbon (STU:QE4) Interest Coverage : 0 (At Loss) (As of Nov. 2024)


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What is BluSky Carbon 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. BluSky Carbon's Operating Income for the three months ended in Nov. 2024 was €-2.31 Mil. BluSky Carbon's Interest Expense for the three months ended in Nov. 2024 was €-0.02 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 BluSky Carbon's Interest Coverage or its related term are showing as below:


STU:QE4's Interest Coverage is not ranked *
in the Industrial Products industry.
Industry Median: 15.16
* 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.


BluSky Carbon Interest Coverage Historical Data

The historical data trend for BluSky Carbon'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.

BluSky Carbon Interest Coverage Chart

BluSky Carbon Annual Data
Trend Aug22 Aug23 Aug24
Interest Coverage
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BluSky Carbon Quarterly Data
Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Competitive Comparison of BluSky Carbon's Interest Coverage

For the Pollution & Treatment Controls subindustry, BluSky Carbon'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.


BluSky Carbon's Interest Coverage Distribution in the Industrial Products Industry

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

* The bar in red indicates where BluSky Carbon's Interest Coverage falls into.



BluSky Carbon 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.

BluSky Carbon's Interest Coverage for the fiscal year that ended in Aug. 2024 is calculated as

Here, for the fiscal year that ended in Aug. 2024, BluSky Carbon's Interest Expense was €-0.21 Mil. Its Operating Income was €-3.11 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.40 Mil.

BluSky Carbon did not have earnings to cover the interest expense.

BluSky Carbon's Interest Coverage for the quarter that ended in Nov. 2024 is calculated as

Here, for the three months ended in Nov. 2024, BluSky Carbon's Interest Expense was €-0.02 Mil. Its Operating Income was €-2.31 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.34 Mil.

BluSky Carbon 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.


BluSky Carbon  (STU:QE4) 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 .


BluSky Carbon Interest Coverage Related Terms

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BluSky Carbon Business Description

Traded in Other Exchanges
Address
998 Harbourside Drive, No. 221, North Vancouver, BC, CAN, V7P 3T2
BluSky Carbon Inc is engaged in converting organic and industrial wastes into biochar, renewable power, and carbonate rocks. The company offers products such as systems integration, Vulcan Biomass pyrolysis systems, Medusa carbon mineralization system, and Kronos which is a system that is designed to be powered by renewable energy produced by the Vulcan system.

BluSky Carbon Headlines

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