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SMR (NuScale Power) Interest Coverage : No Debt (1) (As of Dec. 2024)


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What is NuScale Power 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. NuScale Power's Operating Income for the three months ended in Dec. 2024 was $-11.86 Mil. NuScale Power's Interest Expense for the three months ended in Dec. 2024 was $0.00 Mil. NuScale Power has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

NuScale Power Corp has no debt.

(1) 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.

The historical rank and industry rank for NuScale Power's Interest Coverage or its related term are showing as below:

SMR' s Interest Coverage Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt


SMR's Interest Coverage is ranked better than
99.56% of 2284 companies
in the Industrial Products industry
Industry Median: 15.855 vs SMR: 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.


NuScale Power Interest Coverage Historical Data

The historical data trend for NuScale Power'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.

NuScale Power Interest Coverage Chart

NuScale Power Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial - - No Debt No Debt No Debt

NuScale Power Quarterly Data
Dec19 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of NuScale Power's Interest Coverage

For the Specialty Industrial Machinery subindustry, NuScale Power'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.


NuScale Power's Interest Coverage Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, NuScale Power's Interest Coverage distribution charts can be found below:

* The bar in red indicates where NuScale Power's Interest Coverage falls into.


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NuScale Power 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.

NuScale Power's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, NuScale Power's Interest Expense was $0.00 Mil. Its Operating Income was $-138.73 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

NuScale Power had no debt (1).

NuScale Power's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, NuScale Power's Interest Expense was $0.00 Mil. Its Operating Income was $-11.86 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

NuScale Power had no debt (1).

* 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.


NuScale Power  (NYSE:SMR) 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 .


NuScale Power Interest Coverage Related Terms

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


NuScale Power Business Description

Traded in Other Exchanges
N/A
Address
1100 NE Circle Blvd, Suite 200, Corvallis, OR, USA, 97330
NuScale Power Corp is redefining nuclear power through the development of proprietary and SMR technology that will deliver safe, scalable, cost-effective, and reliable carbon-free power. Its products are VOYGR Plants and E2 Centers.
Executives
Reyes Jose N Jr officer: Chief Technology Officer 6650 SW REDWOOD LANE, SUITE 210, PORTLAND OR 97224
Robert Ramsey Hamady officer: Chief Financial Officer 6650 SW REDWOOD LANE, SUITE 210, PORTLAND OR 97224
John Lawrence Hopkins director, officer: Chief Executive Officer 6650 SW REDWOOD LANE, SUITE 210, PORTLAND OR 97224
Clayton Scott officer: EVP, Business Development 6650 SW REDWOOD LANE, SUITE 210, PORTLAND OR 97224
Carl M. Fisher officer: Chief Operating Officer 6650 SW REDWOOD LANE, SUITE 210, PORTLAND OR 97224
Robert K Temple officer: General Counsel 6650 SW REDWOOD LANE, SUITE 210, PORTLAND OR 97224
Thomas P Mundy officer: Chief Commercial Officer 6550 SW REDWOOD LANE, SUITE 210, PORTLAND OR 97224
Chris Colbert officer: Chief Financial Officer 6650 SW REDWOOD LANE, SUITE 210, PORTLAND OR 97224
Shinji Fujino director 6650 SW REDWOOD LANE, SUITE 210, PORTLAND OR 97224
Alan L Boeckmann director C/O FLUOR CORP, ONE ENTERPRISE DR, ALISO VIEJO CA 92656
Rudy Murgo officer: Treasurer 6650 SW REDWOOD LANE, SUITE 210, PORTLAND OR 97224
Karin Feldman officer: Interim Chief Operating Office 6650 SW REDWOOD LANE, SUITE 210, PORTLAND OR 97224
Julie Adelman officer: Controller 6650 SW REDWOOD LANE, SUITE 210, PORTLAND OR 97224
Dale Atkinson officer: Chief Operating Officer 6650 SW REDWOOD LANE, SUITE 210, PORTLAND OR 97224
Ibk Securities Co., Ltd. 10 percent owner 11 GUKJEGEUMYUNG-RO 6-GIL, YEONGDEUNGPO-GU, SEOUL M5 07330