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Maxwell Technologies (Maxwell Technologies) Interest Coverage : 0 (At Loss) (As of Mar. 2019)


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What is Maxwell Technologies 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. Maxwell Technologies's Operating Income for the three months ended in Mar. 2019 was $-16.39 Mil. Maxwell Technologies's Interest Expense for the three months ended in Mar. 2019 was $-1.14 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 Maxwell Technologies's Interest Coverage or its related term are showing as below:


MXWL's Interest Coverage is not ranked *
in the Hardware industry.
Industry Median: 12.455
* 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.


Maxwell Technologies Interest Coverage Historical Data

The historical data trend for Maxwell Technologies'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.

Maxwell Technologies Interest Coverage Chart

Maxwell Technologies Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Interest Coverage
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Maxwell Technologies Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 - - - - -

Competitive Comparison of Maxwell Technologies's Interest Coverage

For the Electronic Components subindustry, Maxwell Technologies'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.


Maxwell Technologies's Interest Coverage Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Maxwell Technologies's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Maxwell Technologies's Interest Coverage falls into.



Maxwell Technologies 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.

Maxwell Technologies's Interest Coverage for the fiscal year that ended in Dec. 2018 is calculated as

Here, for the fiscal year that ended in Dec. 2018, Maxwell Technologies's Interest Expense was $-4.46 Mil. Its Operating Income was $-40.53 Mil. And its Long-Term Debt & Capital Lease Obligation was $37.97 Mil.

Maxwell Technologies did not have earnings to cover the interest expense.

Maxwell Technologies's Interest Coverage for the quarter that ended in Mar. 2019 is calculated as

Here, for the three months ended in Mar. 2019, Maxwell Technologies's Interest Expense was $-1.14 Mil. Its Operating Income was $-16.39 Mil. And its Long-Term Debt & Capital Lease Obligation was $38.31 Mil.

Maxwell Technologies 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.


Maxwell Technologies  (NAS:MXWL) 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 .


Maxwell Technologies Interest Coverage Related Terms

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


Maxwell Technologies (Maxwell Technologies) Business Description

Traded in Other Exchanges
N/A
Address
3888 Calle Fortunada, San Diego, CA, USA, 92123
Maxwell Technologies Inc is a part of the electronic components industry. It engaged in developing, manufacturing and marketing energy storage and power delivery solutions for automotive, heavy transportation, renewable energy, backup power, wireless communications and industrial and consumer electronics applications. Maxwell products are designed and built to provide failure-free performance for the life of the most demanding applications. The company is committed to providing cost-effective, energy-efficient, environmentally-conscious energy storage and power delivery solutions.
Executives
Rick Bergman director C/O ADVANCED MICRO DEVICES, INC., 2485 AUGUSTINE DRIVE, SANTA CLARA CA 95054
John Mutch director C/O PEREGRINE SYSTEMS, INC., 3611 VALLEY CENTRE DRIVE, SAN DIEGO CA 92130
David Lyle officer: Chief Financial Officer 6290 SEQUENCE DRIVE, SAN DIEGO CA 92121
Steven J Bilodeau director C/O COHU, INC., 12367 CROSTHWAITE CIRCLE, POWAY CA 92064
Franz Fink director, officer: Chief Executive Officer C/O FREESCALE SEMICONDUCTOR, INC., 6501 WILLIAM CANNON DRIVE WEST, AUSTIN TX 78735
David L Schlotterbeck director 10221 WATERIDGE CIRCLE, SAN DIEGO CA 92121
Yon Jorden director 750 WEST JOHN CARPENTER FREEWAY, SUITE 1200, IRVING TX 75039
Mark Rossi director
Christopher Humphrey officer: VP of Marketing and Bus. Dev. 15353 BARRANCA PARKWAY, IRVINE CA 92618
Kevin Royal officer: Chief Financial Officer
John Warwick officer: Chief Operating Officer EMULEX CORPORATION, 3333 SUSAN STREET, COSTA MESA CA 92626
David Schramm director, officer: CEO and President C/O MAXWELL TECHNOLOGIES, INC., 9244 BALBOA AVENUE, SAN DIEGO CA 92123
George Iii Kreigler officer: Sr. VP Worldwide Operations
Thomas L Ringer director C/O CALIFORNIA AMPLLIFIER INC, 460 CALLE SAN PABLO, CAMARILLO CA 93012
Tesfaye Hailemichael officer: Chief Financial Officer C/O MITEK SYSTEMS, INC., 8911 BALBOA AVENUE SUITE B, SAN DIEGO CA 92123

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