Market Cap : 33.97 B | Enterprise Value : 52.01 B | PE Ratio : At Loss | PB Ratio : 2.50 |
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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. Public Service Enterprise Group's Operating Income for the three months ended in Mar. 2022 was $-36 Mil. Public Service Enterprise Group's Interest Expense for the three months ended in Mar. 2022 was $-137 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 Public Service Enterprise Group's Interest Coverage or its related term are showing as below:
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
The historical data trend for Public Service Enterprise 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.
For the Utilities - Regulated Electric subindustry, Public Service Enterprise 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.
For the Utilities - Regulated industry and Utilities sector, Public Service Enterprise Group's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Public Service Enterprise Group's Interest Coverage falls into.
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.
Public Service Enterprise Group'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, Public Service Enterprise Group's Interest Expense was $-500 Mil. Its Operating Income was $1,762 Mil. And its Long-Term Debt & Capital Lease Obligation was $15,410 Mil.
Interest Coverage | = | -1 | * | Operating Income (A: Dec. 2021 ) | / | Interest Expense (A: Dec. 2021 ) |
= | -1 | * | 1762 | / | -500 | |
= | 3.52 |
Public Service Enterprise Group's Interest Coverage for the quarter that ended in Mar. 2022 is calculated as
Here, for the three months ended in Mar. 2022, Public Service Enterprise Group's Interest Expense was $-137 Mil. Its Operating Income was $-36 Mil. And its Long-Term Debt & Capital Lease Obligation was $17,152 Mil.
Public Service Enterprise 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.
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 .
Thank you for viewing the detailed overview of Public Service Enterprise Group's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.
Larossa Ralph A | officer: COO | PSEG 80 PARK PLAZA NEWARK NJ 07102 |
Chernick Rose M | officer: Vice President and Controller | 80 PARK PLAZA, T4B NEWARK NJ 07102 |
Jackson Shirley A | director | 110 8TH STREEET TROY NY 12180-3590 |
Zollar Alfred W | director | C/O LOTUS SOFTWARE ONE ROGER STREET CAMBRIDGE MA 02142 |
Stephenson Scott G | director | C/O VERISK ANALYTICS, INC. 545 WASHINGTON BOULEVARD JERSEY CITY NJ 07310-1686 |
Deese Willie A | director | DENTSPLY SIRONA INC 13320 BALLANTYNE CORPORATE PLACE CHARLOTTE NC 28277 |
Tomasky Susan | director | AMERICAN ELECTRIC POWER 1 RIVERSIDE PLAZA COLUMBUS OH 43215 |
Ostrowsky Barry H | director | RWJBARNABAS HEALTH 95 OLD SHORT HILLS ROAD WEST ORANGE NJ 07052 |
Lilley David | director | PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: LILLEY DAVID a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;} |
Surma John P | director | PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: SURMA JOHN P a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;} |
Sugg Laura A | director | ONE BRIARLAKE PLAZA, SUITE 2000 2000 WEST SAM HOUSTON PARKWAY SOUTH HOUSTON TX 77042 |
Cregg Daniel J | officer: Executive VP & CFO | 80 PARK PLAZA, T4 NEWARK NJ 07102 |
Izzo Ralph | director, officer: Chairman, President and CEO | PSEG 80 PARK PLAZA T6B NEWARK NJ 07102-4194 |
Daly David Matthew | officer: President - PSE&G | 80 PARK PLAZA, T4 NEWARK NJ 07102 |
Dirisio Derek M | officer: President, PSEG Services Corp. | PSEG 80 PARK PLAZA NEWARK NJ 07102 |
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