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Global Warming Solutions (Global Warming Solutions) Interest Coverage : 0 (At Loss) (As of Sep. 2023)


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What is Global Warming Solutions 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. Global Warming Solutions's Operating Income for the three months ended in Sep. 2023 was $-0.12 Mil. Global Warming Solutions's Interest Expense for the three months ended in Sep. 2023 was $-0.01 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 Global Warming Solutions's Interest Coverage or its related term are showing as below:


GWSO's Interest Coverage is not ranked *
in the Hardware industry.
Industry Median: 12.79
* 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.


Global Warming Solutions Interest Coverage Historical Data

The historical data trend for Global Warming Solutions'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.

Global Warming Solutions Interest Coverage Chart

Global Warming Solutions Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Interest Coverage
No Debt No Debt No Debt -

Global Warming Solutions Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 No Debt - - - -

Competitive Comparison of Global Warming Solutions's Interest Coverage

For the Scientific & Technical Instruments subindustry, Global Warming Solutions'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.


Global Warming Solutions's Interest Coverage Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Global Warming Solutions's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Global Warming Solutions's Interest Coverage falls into.



Global Warming Solutions 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.

Global Warming Solutions's Interest Coverage for the fiscal year that ended in Dec. 2022 is calculated as

Here, for the fiscal year that ended in Dec. 2022, Global Warming Solutions's Interest Expense was $-0.01 Mil. Its Operating Income was $-1.24 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Global Warming Solutions did not have earnings to cover the interest expense.

Global Warming Solutions's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Here, for the three months ended in Sep. 2023, Global Warming Solutions's Interest Expense was $-0.01 Mil. Its Operating Income was $-0.12 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Global Warming Solutions 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.


Global Warming Solutions  (OTCPK:GWSO) 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 .


Global Warming Solutions Interest Coverage Related Terms

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


Global Warming Solutions (Global Warming Solutions) Business Description

Traded in Other Exchanges
N/A
Address
28751 Rancho CA RD, Suite 100, Temecula, CA, USA, 92590
Global Warming Solutions Inc develops and commercializes technologies that help mitigate global warming and its effect on the planet. The company's targeted areas include clean energy, carbon control, and water purification. It also offers hemp-based cannabinoid (CBD) products.
Executives
A.p.o. Holdings, Llc. director, officer: President and Chairman 30344 WOODBURY CIRCLE, MENIFEE CA 92584