TSPG (TGI Solar Power Group) Interest Coverage: 0 (At Loss) (As of Jul. 2023)


What is TGI Solar Power Group Interest Coverage?

TGI Solar Power Group TSPG Interest Coverage is 0 (At Loss) as of Jul. 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. TGI Solar Power Group's Operating Income for the six months ended in Jul. 2023 was $-0.04 Mil. TGI Solar Power Group's Interest Expense for the six months ended in Jul. 2023 was $-0.01 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 TGI Solar Power Group's Interest Coverage or its related term are showing as below:


TSPG's Interest Coverage is not ranked *
in the Semiconductors industry.
Industry Median: 20.13
* 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.

TGI Solar Power Group  (OTCPK:TSPG) 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 .

TGI Solar Power Group Interest Coverage Related Terms

TGI Solar Power Group Interest Coverage Historical Data

* Premium members only.

The historical data trend for TGI Solar Power Group'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.

TGI Solar Power Group Interest Coverage Chart

TGI Solar Power Group Annual Data
Trend Jul15 Jul16 Jul17 Jul22 Jul23
Interest Coverage
0.00 0.00 No Debt 0.00 0.00

TGI Solar Power Group Semi-Annual Data
Jul15 Jul16 Jul17 Jul22 Jul23
Interest Coverage 0.00 0.00 No Debt 0.00 0.00

TSPG vs ASTI, PTOS, GSLR: Interest Coverage Comparison

For the Solar subindustry, TGI Solar Power Group'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.

TGI Solar Power Group Interest Coverage vs Semiconductors Industry

For the Semiconductors industry and Technology sector, TGI Solar Power Group's Interest Coverage distribution charts can be found below:

* The bar in red indicates where TGI Solar Power Group's Interest Coverage falls into.


TGI Solar Power Group 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.

TGI Solar Power Group's Interest Coverage for the fiscal year that ended in Jul. 2023 is calculated as

Here, for the fiscal year that ended in Jul. 2023, TGI Solar Power Group's Interest Expense was $-0.01 Mil. Its Operating Income was $-0.04 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

TGI Solar Power Group did not have earnings to cover the interest expense.

TGI Solar Power Group's Interest Coverage for the quarter that ended in Jul. 2023 is calculated as

Here, for the six months ended in Jul. 2023, TGI Solar Power Group's Interest Expense was $-0.01 Mil. Its Operating Income was $-0.04 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

TGI Solar Power Group 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?
TGI Solar Power Group (TSPG) has a Interest Coverage of 0 (At Loss) as of Jul. 2023. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on TGI Solar Power Group and its competitors.
Is TGI Solar Power Group's Interest Coverage too high?
TGI Solar Power Group's current Interest Coverage is 0 (At Loss).
How does TGI Solar Power Group's Interest Coverage compare to ASTI and PTOS?
TGI Solar Power Group's Interest Coverage of 0 (At Loss) can be compared against companies in the Semiconductors industry. The industry median Interest Coverage is 20.13. 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 Semiconductors company?
The median Interest Coverage among Semiconductors companies is 20.13, based on 637 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 TGI Solar Power Group and its competitors. For the Semiconductors industry, the median Interest Coverage is 20.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TGI Solar Power Group'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 TGI Solar Power Group stock overvalued right now?
TGI Solar Power Group (TSPG) 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 TGI Solar Power Group (TSPG), the current Interest Coverage is 0 (At Loss) as of Jul. 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.

TGI Solar Power Group Business Description

Address 1801 North East 123rd Street, North Miami, FL, USA, 33181
TGI Solar Power Group Inc is a diversified holding company. The company offers its products and services to clients of various countries and maintains JVs and strategic alliances with installation, integration and energy consulting firms. It focuses on acquiring and developing patented technologies and processes with commercial value.