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U.S. Well Services (U.S. Well Services) Interest Coverage : 0 (At Loss) (As of Jun. 2022)


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What is U.S. Well Services 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. U.S. Well Services's Operating Income for the three months ended in Jun. 2022 was $-1.73 Mil. U.S. Well Services's Interest Expense for the three months ended in Jun. 2022 was $-9.56 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 U.S. Well Services's Interest Coverage or its related term are showing as below:


MPACU's Interest Coverage is not ranked *
in the Oil & Gas industry.
Industry Median: 6.72
* 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.


U.S. Well Services Interest Coverage Historical Data

The historical data trend for U.S. Well Services'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.

U.S. Well Services Interest Coverage Chart

U.S. Well Services Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Interest Coverage
Get a 7-Day Free Trial No Debt - - - -

U.S. Well Services Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 0.34 - - - -

Competitive Comparison of U.S. Well Services's Interest Coverage

For the Oil & Gas Equipment & Services subindustry, U.S. Well Services'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.


U.S. Well Services's Interest Coverage Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, U.S. Well Services's Interest Coverage distribution charts can be found below:

* The bar in red indicates where U.S. Well Services's Interest Coverage falls into.



U.S. Well Services 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.

U.S. Well Services'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, U.S. Well Services's Interest Expense was $-33.37 Mil. Its Operating Income was $-38.92 Mil. And its Long-Term Debt & Capital Lease Obligation was $280.52 Mil.

U.S. Well Services did not have earnings to cover the interest expense.

U.S. Well Services's Interest Coverage for the quarter that ended in Jun. 2022 is calculated as

Here, for the three months ended in Jun. 2022, U.S. Well Services's Interest Expense was $-9.56 Mil. Its Operating Income was $-1.73 Mil. And its Long-Term Debt & Capital Lease Obligation was $288.86 Mil.

U.S. Well Services 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.


U.S. Well Services  (NAS:MPACU) 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 .


U.S. Well Services Interest Coverage Related Terms

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


U.S. Well Services (U.S. Well Services) Business Description

Traded in Other Exchanges
N/A
Address
1360 Post Oak Boulevard, Suite 1800, Houston, TX, USA, 77056
U.S. Well Services Inc is an oilfield service provider of well stimulation services to the upstream oil and natural gas industry. The company is engaged in high-pressure hydraulic fracturing in unconventional oil and natural gas basins in the United States. It operates in a single segment, which consists of pressure pumping services.
Executives
Crestview Iii Usws Te, Llc director, 10 percent owner C/O CRESTVIEW PARTNERS, 590 MADISON AVENUE, 36TH FLOOR, NEW YORK NY 10022
Crestview Partners Iii Gp, L.p. director, 10 percent owner C/O CRESTVIEW PARTNERS, 590 MADISON AVENUE, 42ND FLOOR, NEW YORK NY 10022
Crestview Iii Usws, L.p. director, 10 percent owner C/O CRESTVIEW PARTNERS, 590 MADISON AVENUE, 36TH FLOOR, NEW YORK NY 10022
Adam J Klein director C/O CRESTVIEW ADVISORS, 667 MADISON AVENUE, 10TH FLOOR, NEW YORK NY 10065
David J Matlin director, 10 percent owner
David L Treadwell director 222 S 15TH STREET, SUITE 600 N, OMAHA NE 68102
Beal Financial Corp 10 percent owner 15770 N DALLAS PARKWAY, STE 300 LB 66, DALLAS TX 75248
Daniel Andrew Beal 10 percent owner 6000 LEGACY DRIVE, PLANO TX 75024
Steve Saad Habachy director 9805 KATY WAY, SUITE 400, HOUSTON TX 77024
Joel Broussard director, officer: President & CEO C/O U.S. WELL SERVICES, INC., 1360 POST OAK BOULEVARD, SUITE 1800, HOUSTON TX 77056
Matthew Bernard officer: Chief Administrative Officer C/O U.S. WELL SERVICES, INC., 1360 POST OAK BOULEVARD, SUITE 1800, HOUSTON TX 77056
Nathan Houston officer: Chief Operating Officer C/O U.S. WELL SERVICES, INC., 770 SOUTH POST OAK LANE, SUITE 405, HOUSTON TX 77056
Richard Alan Burnett director 12377 MERIT DRIVE, SUITE 1700, DALLAS TX 75251
Mark D. Wolf officer: See Remarks 770 SOUTH POST OAK LANE, SUITE 405, C/O U.S. WELL SERVICES, INC., HOUSTON TX 77056
Eddie Mike Watson director 520 MADISON AVENUE, NEW YORK NY 10022