USLG (US Lighting Group) Interest Coverage: 0 (At Loss) (As of Sep. 2024)

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USLG US Lighting Group Inc USLG
12 GF Score
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What is US Lighting Group Interest Coverage?

US Lighting Group USLG 12 Interest Coverage is 0 (At Loss) as of Sep. 2024. GuruFocus rates USLG with a GF Score™ of 12/100.

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. US Lighting Group's Operating Income for the three months ended in Sep. 2024 was $-0.29 Mil. US Lighting Group's Interest Expense for the three months ended in Sep. 2024 was $-0.05 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 US Lighting Group's Interest Coverage or its related term are showing as below:


USLG's Interest Coverage is not ranked *
in the Vehicles & Parts industry.
Industry Median: 8.335
* 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.


US Lighting Group  (OTCPK:USLG) 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 .


US Lighting Group Interest Coverage Related Terms


US Lighting Group Interest Coverage Historical Data

* Premium members only.

The historical data trend for US Lighting 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.

US Lighting Group Interest Coverage Chart

US Lighting Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

US Lighting Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.00 0.00 0.00

USLG vs THO, BC, HOG: Interest Coverage Comparison

For the Recreational Vehicles subindustry, US Lighting 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.


US Lighting Group Interest Coverage vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, US Lighting Group's Interest Coverage distribution charts can be found below:

* The bar in red indicates where US Lighting Group's Interest Coverage falls into.


USLG
12GF Score
US Lighting Group Inc USLG
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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US Lighting 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.

US Lighting Group's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, US Lighting Group's Interest Expense was $-0.13 Mil. Its Operating Income was $-1.05 Mil. And its Long-Term Debt & Capital Lease Obligation was $5.84 Mil.

US Lighting Group did not have earnings to cover the interest expense.

US Lighting Group's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Here, for the three months ended in Sep. 2024, US Lighting Group's Interest Expense was $-0.05 Mil. Its Operating Income was $-0.29 Mil. And its Long-Term Debt & Capital Lease Obligation was $5.37 Mil.

US Lighting 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?
US Lighting Group (USLG) has a Interest Coverage of 0 (At Loss) as of Sep. 2024. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on US Lighting Group and its competitors.
Is US Lighting Group's Interest Coverage too high?
US Lighting Group's current Interest Coverage is 0 (At Loss). Overall, US Lighting Group has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does US Lighting Group's Interest Coverage compare to THO and BC?
US Lighting Group's Interest Coverage of 0 (At Loss) can be compared against companies in the Vehicles & Parts industry. The industry median Interest Coverage is 8.34. 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 Vehicles & Parts company?
The median Interest Coverage among Vehicles & Parts companies is 8.34, based on 1,068 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 US Lighting Group and its competitors. For the Vehicles & Parts industry, the median Interest Coverage is 8.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. US Lighting 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 US Lighting Group stock overvalued right now?
US Lighting Group (USLG) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). US Lighting Group's overall GF Score™ is 12/100. 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 US Lighting Group (USLG), the current Interest Coverage is 0 (At Loss) as of Sep. 2024. 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.

US Lighting Group Business Description

Address 1148 East 222nd Street, Euclid, OH, USA, 44117
US Lighting Group Inc is a manufacturer of recreational vehicles utilizing the highest quality marine materials to create lighter-weight, stronger, and more durable RV travel trailers and campers. It consists of four subsidiaries: Cortes Campers, LLC, a brand of high-end molded fiberglass campers, Futuro Houses, LLC, focused on the design and sales of molded fiberglass homes, Fusion X Marine, LLC, a high-performance boat designer, and MIGMarine Corporation, a composite manufacturing company that produces proprietary molded fiberglass products for other business lines. The company formed Cortes Campers to operate a new brand of inventive travel trailers.
12GF Score

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Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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