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Current Energy and Renewables (Current Energy and Renewables) Interest Coverage : 0 (At Loss) (As of . 20)


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What is Current Energy and Renewables 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. Current Energy and Renewables's Operating Income for the six months ended in . 20 was $0.00 Mil. Current Energy and Renewables's Interest Expense for the six months ended in . 20 was $0.00 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

(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 Current Energy and Renewables's Interest Coverage or its related term are showing as below:


ARMM's Interest Coverage is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 3.145
* 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.


Current Energy and Renewables Interest Coverage Historical Data

The historical data trend for Current Energy and Renewables'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.

Current Energy and Renewables Interest Coverage Chart

Current Energy and Renewables Annual Data
Trend
Interest Coverage

Current Energy and Renewables Semi-Annual Data
Interest Coverage

Competitive Comparison of Current Energy and Renewables's Interest Coverage

For the Utilities - Renewable subindustry, Current Energy and Renewables'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.


Current Energy and Renewables's Interest Coverage Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Current Energy and Renewables's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Current Energy and Renewables's Interest Coverage falls into.



Current Energy and Renewables 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.

Current Energy and Renewables's Interest Coverage for the fiscal year that ended in . 20 is calculated as

Here, for the fiscal year that ended in . 20, Current Energy and Renewables's Interest Expense was $0.00 Mil. Its Operating Income was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Current Energy and Renewables had no debt (1).

Current Energy and Renewables's Interest Coverage for the quarter that ended in . 20 is calculated as

Here, for the six months ended in . 20, Current Energy and Renewables's Interest Expense was $0.00 Mil. Its Operating Income was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Current Energy and Renewables 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.


Current Energy and Renewables  (OTCPK:ARMM) 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 .


Current Energy and Renewables Interest Coverage Related Terms

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Current Energy and Renewables (Current Energy and Renewables) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
1859 Whitney Mesa Drive, Henderson, NV, USA, 89014
Armm Inc is engaged in offering disposable medical devices and contract services. Its disposable medical devices include MedDrain Thoracic and Mediastinal Silicone Catheters and Closed Wound Drains; SuperFlow, Insufflation, Tubing Sets and Products; and EndoSI Suction / Irrigation Probes and Wye Tubing Sets.