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WindGen Energy (WindGen Energy) Interest Coverage : 0 (At Loss) (As of Sep. 2022)


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What is WindGen Energy 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. WindGen Energy's Operating Income for the three months ended in Sep. 2022 was $-0.00 Mil. WindGen Energy's Interest Expense for the three months ended in Sep. 2022 was $-0.00 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 WindGen Energy's Interest Coverage or its related term are showing as below:


WGEI'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.


WindGen Energy Interest Coverage Historical Data

The historical data trend for WindGen Energy'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.

WindGen Energy Interest Coverage Chart

WindGen Energy Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec19 Dec20 Dec21
Interest Coverage
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WindGen Energy Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 - No Debt - - -

Competitive Comparison of WindGen Energy's Interest Coverage

For the Shell Companies subindustry, WindGen Energy'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.


WindGen Energy's Interest Coverage Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where WindGen Energy's Interest Coverage falls into.



WindGen Energy 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.

WindGen Energy's Interest Coverage for the fiscal year that ended in Dec. 2021 is calculated as

Here, for the fiscal year that ended in Dec. 2021, WindGen Energy's Interest Expense was $-0.01 Mil. Its Operating Income was $-0.01 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

WindGen Energy did not have earnings to cover the interest expense.

WindGen Energy's Interest Coverage for the quarter that ended in Sep. 2022 is calculated as

Here, for the three months ended in Sep. 2022, WindGen Energy's Interest Expense was $-0.00 Mil. Its Operating Income was $-0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

WindGen Energy 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.


WindGen Energy  (OTCPK:WGEI) 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 .


WindGen Energy Interest Coverage Related Terms

Thank you for viewing the detailed overview of WindGen Energy's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


WindGen Energy (WindGen Energy) Business Description

Traded in Other Exchanges
N/A
Address
8432 E. Shea Boulevard, Suite 101, Scottsdale, AZ, USA, 85260
WindGen Energy Inc is a shell company.
Executives
Ronald Conquest director, 10 percent owner, officer: Chairman and CEO (*) 3104 E. CAMELBACK ROAD, SUITE 242, PHOENIX AZ 85016
Law Investments Cr, S.a. 10 percent owner 15029 N. THOMPSON PEAK PARKWAY, SUITE B-111-520, SCOTTSDALE AZ 85260
Wendy Carriere director, officer: Secretary/Treasurer, CFO 14550 N. FRANK LLOYD WRIGHT BLVD., SUITE 100, SCOTTSDALE AZ 85260
Chi Lin Technology Co., Ltd. 10 percent owner NO.18, SHENG LI 1ST ST., JEN TE HSIANG, TAINAN COUNTY 71758, TAIWAN F4 00000
David P Martin director, officer: President 665 PALOMA COURT, BOULDER CITY NV 89005
Christopher R. Miller director, officer: Secretary/Treasurer; CFO 3875 EAST EVERETT DRIVE, PHOENIX AZ 85032
Wayne R. Myers director, officer: President; Prin Oper Officer 193A SUSSEX GARDENS, LONDON X0 W2 2RJ
Sng Consulting Llc 10 percent owner 15029 THOMPSON PEAK PKWY, B111-520, SCOTTSDALE AZ 85250
Ashley Conquest 10 percent owner 3104 E. CAMELBACK ROAD, SUITE 242, PHOENIX AZ 85016
Sheng Jung Chiang director NO. 71, TE LUN RD., JEN TE HSIANG, TAINAN COUNTY F5 717
Mao-song Lee director NO. 71, TE LUN RD., JEN TE HSIANG, TAINAN COUNTY F5 717
Richard Kent Bruggeman director, officer: Secretary/Treasurer 3167 S. 2850 E., SALT LAKE CITY UT 84109
Ralph Hoyt Henson director, officer: President & CEO 3092 TANGLEWOOD DRIVE, LAYTON UT 84040
Larry E Clark director, 10 percent owner 1036 OAKHILLS WAY, SALT LAKE CITY UT 84108

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