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ChargePoint Holdings (ChargePoint Holdings) Interest Coverage : 0 (At Loss) (As of Jan. 2024)


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What is ChargePoint Holdings 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. ChargePoint Holdings's Operating Income for the three months ended in Jan. 2024 was $-92.9 Mil. ChargePoint Holdings's Interest Expense for the three months ended in Jan. 2024 was $-6.6 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 ChargePoint Holdings's Interest Coverage or its related term are showing as below:


CHPT's Interest Coverage is not ranked *
in the Retail - Cyclical industry.
Industry Median: 7.81
* 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.


ChargePoint Holdings Interest Coverage Historical Data

The historical data trend for ChargePoint Holdings'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.

ChargePoint Holdings Interest Coverage Chart

ChargePoint Holdings Annual Data
Trend Jan20 Jan21 Jan22 Jan23 Jan24
Interest Coverage
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ChargePoint Holdings Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 Premium Member Only - - - - -

Competitive Comparison of ChargePoint Holdings's Interest Coverage

For the Specialty Retail subindustry, ChargePoint Holdings'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.


ChargePoint Holdings's Interest Coverage Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where ChargePoint Holdings's Interest Coverage falls into.



ChargePoint Holdings 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.

ChargePoint Holdings's Interest Coverage for the fiscal year that ended in Jan. 2024 is calculated as

Here, for the fiscal year that ended in Jan. 2024, ChargePoint Holdings's Interest Expense was $-16.3 Mil. Its Operating Income was $-450.0 Mil. And its Long-Term Debt & Capital Lease Obligation was $301.1 Mil.

ChargePoint Holdings did not have earnings to cover the interest expense.

ChargePoint Holdings's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

Here, for the three months ended in Jan. 2024, ChargePoint Holdings's Interest Expense was $-6.6 Mil. Its Operating Income was $-92.9 Mil. And its Long-Term Debt & Capital Lease Obligation was $301.1 Mil.

ChargePoint Holdings 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.


ChargePoint Holdings  (NYSE:CHPT) 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 .


ChargePoint Holdings Interest Coverage Related Terms

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


ChargePoint Holdings (ChargePoint Holdings) Business Description

Traded in Other Exchanges
Address
240 East Hacienda Avenue, Campbell, CA, USA, 95008
ChargePoint designs, develops, and markets networked electric vehicle charging system infrastructure and cloud-based services that enable consumers to locate, reserve, and authenticate EV charging. The company's hardware product lineup includes solutions across home, commercial, and fast-charging applications. ChargePoint derives the majority of its revenue from the United States.
Executives
Michael D Hughes officer: See Remarks C/O CHARGEPOINT INC, 254 E. HACIENDA AVENUE, CAMPBELL CA 95008
Richard Wilmer officer: See Remarks ARUBA NETWORKS, INC., 1322 CROSSMAN AVENUE, SUNNYVALE CA 94089
Rebecca Chavez officer: General Counsel and Secretary 254 E. HACIENDA AVENUE, CAMPBELL CA 95008
Henrik Gerdes officer: Chief Accounting Officer 1900 SEAPORT BLVD, REDWOOD CITY CA 94063
Rex S Jackson officer: Chief Financial Officer C/O SYMYX TECHNOLOGIES, INC., 3100 CENTRAL EXPRESSWAY, SANTA CLARA CA 95051
Q-grg Vii (cp) Investment Partners, Llc 10 percent owner, other: See Remarks 800 CAPITOL STREET, STE 3600, HOUSTON TX 77002-2932
Ekta Singh-bushell director 9197 S. PEORIA ST., ENGLEWOOD CO 80112
Michael Linse director, 10 percent owner 254 E. HACIENDA AVENUE, CAMPBELL CA 95008
Bruce R Chizen director C/O ADOBE SYSTEMS INC, 345 PARK AVENUE P O BOX 2704, SAN JOSE CA 95110-2704
Pasquale Romano director, officer: See Remarks 254 E. HACIENDA AVENUE, CAMPBELL CA 95008
William J Loewenthal officer: Senior Vice President, Product 254 E. HACIENDA AVENUE, CAMPBELL CA 95008
Eric Sidle officer: See Remarks 254 E. HACIENDA AVENUE, CAMPBELL CA 95008
Lawrence Lee officer: See Remarks 254 E. HACIENDA AVENUE, CAMPBELL CA 95008
Jansen Colleen officer: Chief Marketing Officer 254 E. HACIENDA AVENUE, CAMPBELL CA 95008
Linse Capital Llc 10 percent owner 53 CALLE PALMERAS, SUITE 601, SAN JUAN PR 00901

ChargePoint Holdings (ChargePoint Holdings) Headlines

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