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Clean Vision (Clean Vision) Interest Coverage : 0 (At Loss) (As of Mar. 2024)


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What is Clean Vision 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. Clean Vision's Operating Income for the three months ended in Mar. 2024 was $-1.44 Mil. Clean Vision's Interest Expense for the three months ended in Mar. 2024 was $-1.48 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 Clean Vision's Interest Coverage or its related term are showing as below:


CLNV's Interest Coverage is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 3.2
* 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.


Clean Vision Interest Coverage Historical Data

The historical data trend for Clean Vision'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.

Clean Vision Interest Coverage Chart

Clean Vision Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec20 Dec21 Dec22 Dec23
Interest Coverage
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Clean Vision Quarterly Data
Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Clean Vision's Interest Coverage

For the Utilities - Renewable subindustry, Clean Vision'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.


Clean Vision's Interest Coverage Distribution in the Utilities - Independent Power Producers Industry

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

* The bar in red indicates where Clean Vision's Interest Coverage falls into.



Clean Vision 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.

Clean Vision'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, Clean Vision's Interest Expense was $-4.80 Mil. Its Operating Income was $-8.20 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Clean Vision did not have earnings to cover the interest expense.

Clean Vision's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Clean Vision's Interest Expense was $-1.48 Mil. Its Operating Income was $-1.44 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Clean Vision 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.


Clean Vision  (OTCPK:CLNV) 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 .


Clean Vision Interest Coverage Related Terms

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


Clean Vision (Clean Vision) Business Description

Traded in Other Exchanges
N/A
Address
2711 N. Sepulveda Boulevard, Suite 1051, Manhattan Beach, CA, USA, 90266-2725
Clean Vision Corp acquires, manages, and operates a portfolio of synergistic companies in the clean technology and green energy sectors.
Executives
Jukun Huang director NO. 108-1 SOUTH ROAD, ZHONGSHAN DISTRICT F4 116620
Feng Gu director, officer: Chief Executive Officer NO. 108-1 SOUTH ROAD, ZHONGSHAN DISTRICT F4 116620
Shubin Wang director NO. 108-1 SOUTH ROAD, ZHONGSHAN DISTRICT F4 116620
Yan Zheng officer: Chief Financial Officer NO. 108-1 SOUTH ROAD, ZHONGSHAN DISTRICT F4 116620
Liming Gong director NO. 108-1 SOUTH ROAD, ZHONGSHAN DISTRICT F4 116620
Laifu Zhong director NO. 108-1 SOUTH ROAD, ZHONGSHAN DISTRICT F4 116620
Xun Yuan director NO. 108-1 SOUTH ROAD, ZHONGSHAN DISTRICT F4 116620

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