GURUFOCUS.COM » STOCK LIST » USA » NAS » Quest Resource Holding Corp (NAS:QRHC) » Definitions » Interest Coverage
Switch to:

Quest Resource Holding Interest Coverage

: 0 (At Loss) (As of Mar. 2022)
View and export this data going back to 2009. Start your Free Trial

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. Quest Resource Holding's Operating Income for the three months ended in Mar. 2022 was $-0.5 Mil. Quest Resource Holding's Interest Expense for the three months ended in Mar. 2022 was $-1.6 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 Quest Resource Holding's Interest Coverage or its related term are showing as below:

QRHC' s Interest Coverage Range Over the Past 10 Years
Min: 0.69   Med: 1.38   Max: 1.85
Current: 0.69


QRHC's Interest Coverage is ranked worse than
97.52% of 161 companies
in the Waste Management industry
Industry Median: 8.68 vs QRHC: 0.69

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Quest Resource Holding Interest Coverage Historical Data

The historical data trend for Quest Resource Holding'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.

* Premium members only.

Quest Resource Holding Annual Data
Trend Jun12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Interest Coverage
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 1.38 1.07 1.85

Quest Resource Holding Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Interest Coverage 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 Premium Member Only Premium Member Only Premium Member Only 3.16 2.44 1.91 0.56 -

Competitive Comparison

For the Waste Management subindustry, Quest Resource Holding'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.

   

Quest Resource Holding Interest Coverage Distribution

For the Waste Management industry and Industrials sector, Quest Resource Holding's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Quest Resource Holding's Interest Coverage falls into.



Quest Resource Holding 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.


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Quest Resource Holding'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, Quest Resource Holding's Interest Expense was $-2.5 Mil. Its Operating Income was $4.6 Mil. And its Long-Term Debt & Capital Lease Obligation was $63.5 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2021 )/Interest Expense (A: Dec. 2021 )
=-1*4.623/-2.495
=1.85

Quest Resource Holding's Interest Coverage for the quarter that ended in Mar. 2022 is calculated as

Here, for the three months ended in Mar. 2022, Quest Resource Holding's Interest Expense was $-1.6 Mil. Its Operating Income was $-0.5 Mil. And its Long-Term Debt & Capital Lease Obligation was $66.7 Mil.

Quest Resource Holding 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.


Quest Resource Holding  (NAS:QRHC) 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 .


Quest Resource Holding Interest Coverage Related Terms

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


Quest Resource Holding Business Description

Quest Resource Holding logo
Traded in Other Exchanges
Address
3481 Plano Parkway, The Colony, TX, USA, 75056
Quest Resource Holding Corp is a national provider of waste and recycling services to customers from across multiple industry sectors that are typically larger, multi-location businesses. The company creates customer-specific programs and perform the related services for the collection, processing, recycling, disposal, and tracking of waste streams and recyclables. The company's services focus on the waste streams and recyclables from big box, grocers, and other specialty retailers; automotive after-market operations such as automotive maintenance, quick lube, dealerships, and collision repair; transportation, logistics, and fleet operators; manufacturing and industrial facilities; multi-family and commercial properties; restaurant chains and food operations.
Executives
Culpepper Glenn director 6363 S FIDDLER'S GREEN CIRCLE GREENWOOD VILLAGE CO 80111
Allred Alan D. officer: See Remarks C/O QUEST RESOURCE HOLDING CORPORATION 3481 PLANO PARKWAY THE COLONY TX 75056
Coskery Stephen officer: See Remarks C/O QUEST RESOURCE HOLDING CORPORATION 3481 PLANO PARKWAY THE COLONY TX 75056
Wynnefield Partners Small Cap Value Lp 10 percent owner 450 SEVENTH AVENUE SUITE 509 NEW YORK NY 10123
Wynnefield Small Cap Value Offshore Fund Ltd 10 percent owner 450 SEVENTH AVE STE 509 NEW YORK NY 10123
Wynnefield Capital Inc 10 percent owner 450 SEVENTH AVE STE 509 NEW YORK NY 10123
Landes Joshua 10 percent owner
Kitt Barry M 10 percent owner
Obus Nelson 10 percent owner
Wynnefield Capital Management Llc 10 percent owner 450 SEVENTH AVE STE 509 NEW YORK NY 10123
Wynnefield Capital, Inc. Profit Sharing Plan 10 percent owner 450 SEVENTH AVENUE SUITE 509 NEW YORK NY 10123
Wynnefield Partners Small Cap Value Lp I 10 percent owner 450 SEVENTH AVENUE SUITE 509 NEW YORK NY 10123
Wadecki Isabell Marie director
Knittel Russell J director C/O SYNAPTICS INCORP 1251 MCKAY DRIVE SAN JOSE CA 95131
Golden Michael F director 2100 ROOSEVELT AVENUE SPRINGFIELD MA 01104

Quest Resource Holding Headlines

Other Sources

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)