NET Power (NET Power) Interest Coverage : N/A (As of Dec. 2023)

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What is NET 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. NET Power's Operating Income for the three months ended in Dec. 2023 was $-75.79 Mil. NET Power's Interest Expense for the three months ended in Dec. 2023 was $0.00 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. NET Power Inc has enough cash to cover all of its debt. Its financial situation is stable.

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

NPWR's Interest Coverage is not ranked ^*
in the Industrial Products industry.
Industry Median: 13.67
* 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.

NET Power Interest Coverage Historical Data

The historical data trend for NET 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.

NET Power Interest Coverage Chart

NET Power Annual Data

Trend

Dec21

Dec22

Dec23

Interest Coverage

No Debt

N/A

NET Power Quarterly Data
	Feb21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Coverage	Get a 7-Day Free Trial							-	No Debt	N/A	No Debt	N/A

Competitive Comparison of NET Power's Interest Coverage

For the Specialty Industrial Machinery subindustry, NET 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.

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

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

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

NET 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.

NET Power'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, NET Power's Interest Expense was $0.00 Mil. Its Operating Income was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was $1.81 Mil.

GuruFocus does not calculate NET Power's interest coverage with the available data.

NET Power's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, NET Power's Interest Expense was $0.00 Mil. Its Operating Income was $-75.79 Mil. And its Long-Term Debt & Capital Lease Obligation was $1.81 Mil.

GuruFocus does not calculate NET Power's interest coverage with the available data.

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

NET Power (NYSE:NPWR) 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 .

NET Power Interest Coverage Related Terms

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

NET Power (NET Power) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » NET Power Inc (NYSE:NPWR) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

404 Hunt Street, Suite 410, Durham, NC, USA, 27701

Website

https://www.netpower.com

NET Power Inc is a clean energy technology company with a mission to deliver the Energy Trifecta: clean, reliable, and low-cost energy. The invents, develops, and licenses clean power generation technology. Its technology provides reliable, on-demand natural gas power with life cycle emissions.

Executives

James Mahon	officer: General Counsel	C/O NET POWER, LLC, 404 HUNT STREET, STE 410, DURHAM NC 27701
Brandon Heffinger	officer: Chief Commercial Officer	C/O NET POWER, LLC, 404 HUNT STREET, STE 410, DURHAM NC 27701
Sk Inc.	10 percent owner	26, JONG-RO, JONGNO-GU, SEOUL M5 03188
Oxy Low Carbon Ventures, Llc	director, 10 percent owner	5 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Olcv Net Power, Llc	director, 10 percent owner	5 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Npeh, Llc	10 percent owner	406 BLACKWELL STREET, 4TH FLOOR, DURHAM NC 27701
8 Rivers Capital, Llc	10 percent owner	406 BLACKWELL STREET, 4TH FLOOR, DURHAM NC 27701
Brock Forrest	officer: Chief Technology Officer	C/O NET POWER, LLC, 404 HUNT STREET, STE 410, DURHAM NC 27701
Akash S. Patel	officer: Chief Financial Officer	C/O NET POWER, LLC, 404 HUNT STREET, STE 410, DURHAM NC 27701
Eunkyung Sung	director	C/O NET POWER, LLC, 404 HUNT STREET, STE 410, DURHAM NC 27701
Brian F. Allen	officer: President and COO	C/O NET POWER, LLC, 404 HUNT STREET, STE 410, DURHAM NC 27701
Carol R. Peterson	director	C/O NET POWER, LLC, 404 HUNT STREET, STE 410, DURHAM NC 27701
Brad Pollack	director	C/O NET POWER, LLC, 404 HUNT STREET, STE 410, DURHAM NC 27701
Constellation Energy Corp	10 percent owner	1310 POINT STREET, BALTIMORE MD 21231
Constellation Energy Generation Llc	10 percent owner	200 EXELON WAY, KENNETT SQUARE PA 19348-2473