Perma-Fix Environmental Services (Perma-Fix Environmental Services) Interest Coverage

: 1.26 (As of Dec. 2023)

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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. Perma-Fix Environmental Services's Operating Income for the three months ended in Dec. 2023 was $0.07 Mil. Perma-Fix Environmental Services's Interest Expense for the three months ended in Dec. 2023 was $-0.05 Mil. Perma-Fix Environmental Services's interest coverage for the quarter that ended in Dec. 2023 was 1.26. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Perma-Fix Environmental Services's Interest Coverage or its related term are showing as below:

PESI' s Interest Coverage Range Over the Past 10 Years
Min: 2.15 Med: 3.72 Max: 6.88
Current: 2.58

PESI's Interest Coverage is ranked worse than
77.06% of 170 companies
in the Waste Management industry
Industry Median: 5.35 vs PESI: 2.58

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

Perma-Fix Environmental Services Interest Coverage Historical Data

The historical data trend for Perma-Fix Environmental 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.

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Perma-Fix Environmental Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

Get a 7-Day Free Trial

6.88

4.85

2.58

Perma-Fix Environmental Services Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Coverage	Get a 7-Day Free Trial															-	-	11.89	3.97	1.26

Competitive Comparison

For the Waste Management subindustry, Perma-Fix Environmental 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.

Perma-Fix Environmental Services Interest Coverage Distribution

For the Waste Management industry and Industrials sector, Perma-Fix Environmental Services's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Perma-Fix Environmental Services's Interest Coverage falls into.

Perma-Fix Environmental 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.

Perma-Fix Environmental Services's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Perma-Fix Environmental Services's Interest Expense was $-0.32 Mil. Its Operating Income was $0.83 Mil. And its Long-Term Debt & Capital Lease Obligation was $4.42 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2023 )	/	Interest Expense (A: Dec. 2023 )
	=	-1	*	0.833	/	-0.323
	=	2.58

Perma-Fix Environmental Services's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Perma-Fix Environmental Services's Interest Expense was $-0.05 Mil. Its Operating Income was $0.07 Mil. And its Long-Term Debt & Capital Lease Obligation was $4.42 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	0.068	/	-0.054
	=	1.26

The higher the ratio, the stronger the company's Financial Strength is.

Perma-Fix Environmental Services (NAS:PESI) 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 .

Perma-Fix Environmental Services Interest Coverage Related Terms

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Perma-Fix Environmental Services (Perma-Fix Environmental Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Perma-Fix Environmental Services Inc (NAS:PESI) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

PFX1:Germany

Address

8302 Dunwoody Place, Suite 250, Atlanta, GA, USA, 30350

Website

https://www.perma-fix.com

Perma-Fix Environmental Services Inc is a provider of both nuclear services and the management of nuclear and mixed waste. The company operates through three segments: Treatment segment offers nuclear, low-level radioactive, Mixed, hazardous and non-hazardous waste treatment, processing and disposal services. Service segment provides on-site waste management services to commercial and government customers, technical services and nuclear services The Medical segment is involved in the research and development of medical isotope production technology.

Executives

Andy Lombardo	officer: EVP of Nuclear & Technical Svs	8302 DUNWOODY PLACE, SUITE 250, ATLANTA GA 30350
Mark Duff	officer: Executive Vice President/COO	8302 DUNWOODY PLACE, SUITE 250, ATLANTA GA 30350
Larry Shelton	director	8302 DUNWOODY PLACE, SUITE 250, ATLANTA GA 30350
Joe Reeder	director	1940 NW 67TH PLACE, SUITE A, GAINESVILLE FL 32653
Louis F Centofanti	officer: Chairman of Board & CEO
Ben Naccarato	officer: Chief Financial Officer	8302 DUNWOODY PLACE, SUITE 250, ATLANTA GA 30350
Richard Grondin	officer: EVP of Waste Treatment Ops	8302 DUNWOODY PLACE, SUITE 250, ATLANTA GA 30350
Kerry C Duggan	director	8302 DUNWOODY PLACE, SUITE 250, ATLANTA GA 30350
Thomas Bostick	director	20374 SENECA MEADOWS PARKWAY, GERMANTOWN MD 20876
Joseph Timothy Grumski	director	8302 DUNWOODY PLACE, SUITE 250, ATLANTA GA 30350
Zach Paul Wamp	director	8302 DUNWOODY PLACE SUITE 250, ATLANTA GA 30350
Stanley Robert Cochran	director	8302 DUNWOODY PLACE, SUITE 250, ATLANTA GA 30350
Heartland Advisors Inc	10 percent owner	790 N WATER STREET, SUITE 1200, MILWAUKEE WI 53202
William J Nasgovitz	10 percent owner	790 N WATER STREET, SUITE 1200, MILWAUKEE WI 53202
Gary Kugler	director	8302 DUNWOODY PLACE, SUITE 250, ATLANTA GA 30350