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Washington Gas Light Co (Washington Gas Light Co) Interest Coverage : 0 (At Loss) (As of . 20)


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What is Washington Gas Light Co 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. Washington Gas Light Co's Operating Income for the three months ended in . 20 was $0.00 Mil. Washington Gas Light Co's Interest Expense for the three 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 Washington Gas Light Co's Interest Coverage or its related term are showing as below:

WGLCN.PFD' s Interest Coverage Range Over the Past 10 Years
Min: 4.48   Med: 5.31   Max: 7.29
Current: 5.15


WGLCN.PFD's Interest Coverage is not ranked
in the Utilities - Regulated industry.
Industry Median: 3.78 vs WGLCN.PFD: 5.15

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


Washington Gas Light Co Interest Coverage Historical Data

The historical data trend for Washington Gas Light Co'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.

Washington Gas Light Co Interest Coverage Chart

Washington Gas Light Co Annual Data
Trend
Interest Coverage

Washington Gas Light Co Quarterly Data
Interest Coverage

Competitive Comparison of Washington Gas Light Co's Interest Coverage

For the Utilities - Regulated Gas subindustry, Washington Gas Light Co'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.


Washington Gas Light Co's Interest Coverage Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Washington Gas Light Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Washington Gas Light Co's Interest Coverage falls into.



Washington Gas Light Co 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.

Washington Gas Light Co's Interest Coverage for the fiscal year that ended in . 20 is calculated as

Here, for the fiscal year that ended in . 20, Washington Gas Light Co'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.

Washington Gas Light Co had no debt (1).

Washington Gas Light Co's Interest Coverage for the quarter that ended in . 20 is calculated as

Here, for the three months ended in . 20, Washington Gas Light Co'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.

Washington Gas Light Co 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.


Washington Gas Light Co  (OTCPK:WGLCN.PFD) 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 .


Washington Gas Light Co Interest Coverage Related Terms

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


Washington Gas Light Co (Washington Gas Light Co) Business Description

Traded in Other Exchanges
N/A
Address
1000 Maine Avenue, S.W., Washington, DC, USA, 20024
Executives
Angel Rodriguez officer: Vice President 1000 MAINE AVE., S.W., WASHINGTON DC 20024
Don Clasen officer: Vice President 1000 MAINE AVE., S.W., WASHINGTON DC 20024
Mallik Angalakudati officer: Senior Vice President 1000 MAINE AVE. SW, WASHINGTON DC 20024
Rowley Andrea Lyn Coughlin officer: Senior Vice President C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVE., 26TH FLOOR, NEW ORLEANS LA 70113
Donald M. Jenkins director, officer: President 625 LIBERTY AVENUE, SUITE 1700, C/O EQT CORPORATION, PITTSBURGH PA 15222
Starring Colleen officer: Senior Vice President 1000 MAINE AVENUE, SW, WASHINGTON DC 20024
M Elise Hyland director 625 LIBERTY AVENUE, SUITE 1700, C/O EQT CORPORATION, PITTSBURGH PA 15222
Gunnar Gode officer: Vice President and Controller 1000 MAINE AVENUE, SW, WASHINGTON DC 20024
Deborah Stein director 1000 MAINE AVENUE, SW, WASHINGTON DC 20024
Randall L Crawford director 200 ALLEGHENY CENTER MALL, PITTSBURGH PA 15212-5352
Karen Hardwick officer: Senior Vice President and GC 1000 MAINE AVENUE, SW, WASHINGTON DC 20024
Dorothy Ramsey officer: Vice President 1000 MAINE AVENUE, SW, WASHINGTON DC 20024
Phillip R Knoll director 1000 MAINE AVENUE, SW, WASHINGTON DC 20024
Jack Stark director 700 LOUISIANA STREET, HOUSTON TX 77002-2700
David M Harris director 101 CONSTITUTION AVENUE, NW, WASHINGTON DC 20080

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