ZKGC New Energy (ZKGC New Energy) Interest Coverage : 0 (At Loss) (As of May. 2023)

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What is ZKGC New Energy 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. ZKGC New Energy's Operating Income for the six months ended in May. 2023 was $-0.05 Mil. ZKGC New Energy's Interest Expense for the six months ended in May. 2023 was $-0.02 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 ZKGC New Energy's Interest Coverage or its related term are showing as below:

ZKGCF's Interest Coverage is not ranked ^*
in the Retail - Cyclical industry.
Industry Median: 7.79
* 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.

ZKGC New Energy Interest Coverage Historical Data

The historical data trend for ZKGC New Energy'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.

ZKGC New Energy Interest Coverage Chart

ZKGC New Energy Annual Data

Trend

May21

May22

May23

Interest Coverage

No Debt

ZKGC New Energy Semi-Annual Data
	May21	May22	May23
Interest Coverage	No Debt	-	-

Competitive Comparison of ZKGC New Energy's Interest Coverage

For the Specialty Retail subindustry, ZKGC New Energy'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.

ZKGC New Energy's Interest Coverage Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, ZKGC New Energy's Interest Coverage distribution charts can be found below:

* The bar in red indicates where ZKGC New Energy's Interest Coverage falls into.

ZKGC New Energy 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.

ZKGC New Energy's Interest Coverage for the fiscal year that ended in May. 2023 is calculated as

Here, for the fiscal year that ended in May. 2023, ZKGC New Energy's Interest Expense was $-0.02 Mil. Its Operating Income was $-0.05 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

ZKGC New Energy did not have earnings to cover the interest expense.

ZKGC New Energy's Interest Coverage for the quarter that ended in May. 2023 is calculated as

Here, for the six months ended in May. 2023, ZKGC New Energy's Interest Expense was $-0.02 Mil. Its Operating Income was $-0.05 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

ZKGC New Energy did not have earnings to cover the interest expense.

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

ZKGC New Energy (OTCPK:ZKGCF) 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 .

ZKGC New Energy Interest Coverage Related Terms

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

ZKGC New Energy (ZKGC New Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » ZKGC New Energy Ltd (OTCPK:ZKGCF) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

12 Xinxiangdi Jiari, Chengmai County, Hainan Province, Laocheng Town, Laocheng, CHN, 571924

Website

ZKGC New Energy Ltd is a builder, owner, operator, and manager of electric vehicle (EV) charging stations and a provider of EV charging equipment and networked EV charging services. The company offers residential and commercial EV charging equipment, enabling EV drivers to recharge at various location types. Its line of products and services is its Charging Cloud SAAS Platform, EV charging equipment, and EV charging services. The SAAS network provides property owners, managers, parking companies, and state and municipal entities with cloud-based services that enable the remote monitoring and management of EV charging stations. The SAAS network also provides EV drivers with vital station information, including station location, availability and fee payment.

Executives

Zhuowei Zhong	10 percent owner	5 JUMEI BIG STREET, XIAOLAN TOWN, ZHONGSHAN CITY, GUANGDONG PROVINCE F4 528415
Zhifei Huang	director, officer: Chief Financial Officer	3 FIVE ALLEY, DITANGKOU, PINGWANGGANGXIE, DATANG TOWN, SANSHUI DISTRICT, FOSHAN, GUANGDONG PROVINCE F4 528143
Zhuowen Chen	director, officer: Chief Executive Officer	401 BUILDING 23, JIANGPAN NEW RESIDENTIAL QUARTERS, ZHONGSHAN CITY, GUANGDONG PROV F4 528401
Zonghan Wu	director, officer: Secretary	46 REEVES ROAD, PAKURANGA, AUCKLAND Q2 2140
Jinqi Liao	10 percent owner	12 XINXIANGDI JIARI, LAOCHENG TOWN, CHENGMAI COUNTY, HAINAN PROVINCE F4 571924

ZKGC New Energy (ZKGC New Energy) Headlines

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