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Powerdyne International (Powerdyne International) Interest Coverage : No Debt (1) (As of Sep. 2023)


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What is Powerdyne International 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. Powerdyne International's Operating Income for the three months ended in Sep. 2023 was $0.01 Mil. Powerdyne International's Interest Expense for the three months ended in Sep. 2023 was $0.00 Mil. Powerdyne International has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Powerdyne International Inc has no debt.

(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 Powerdyne International's Interest Coverage or its related term are showing as below:

PWDY' s Interest Coverage Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt


PWDY's Interest Coverage is ranked better than
99.56% of 2298 companies
in the Industrial Products industry
Industry Median: 13.58 vs PWDY: No Debt

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


Powerdyne International Interest Coverage Historical Data

The historical data trend for Powerdyne International'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.

Powerdyne International Interest Coverage Chart

Powerdyne International Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec19 Dec20 Dec21 Dec22
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only N/A - - - No Debt

Powerdyne International Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Dec19 Mar20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Powerdyne International's Interest Coverage

For the Electrical Equipment & Parts subindustry, Powerdyne International'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.


Powerdyne International's Interest Coverage Distribution in the Industrial Products Industry

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

* The bar in red indicates where Powerdyne International's Interest Coverage falls into.



Powerdyne International 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.

Powerdyne International'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, Powerdyne International's Interest Expense was $0.00 Mil. Its Operating Income was $0.05 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Powerdyne International had no debt (1).

Powerdyne International's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

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

Powerdyne International 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.


Powerdyne International  (OTCPK:PWDY) 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 .


Powerdyne International Interest Coverage Related Terms

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


Powerdyne International (Powerdyne International) Business Description

Traded in Other Exchanges
N/A
Address
45 Main Street, North Reading, MA, USA, 01864
Powerdyne International Inc primarily services the Original Equipment Manufacturers (OEM's) in the semiconductor market by supplying custom designed motors for the robotics used in semiconductor manufacturing equipment.
Executives
Read Arthur M Ii director, officer: Executive Vice President 300 CENTERVILLE ROAD, SUITE 100E, WARWICK RI 02886
Dale Euga director, 10 percent owner, officer: President 300 CENTERVILLE ROAD, SUITE 100E, WARWICK RI 02886
Robert C. Hemsen director C/O POWERDYNE INTERNATIONAL, INC., 100 JEFFERSON, WARWICK RI 02888
John M. Faulhaber director C/O POWERDYNE INTERNATIONAL, INC., 100 JEFFERSON BLVD SUITE 200, WARWICK RI 02888
James F. O'rourke director, officer: Chief Executive Officer 45 MAIN STREET, NORTH READING MA 01864
Linda Madison officer: Secretary/Treasurer C/O POWERDYNE INTERNATIONAL, INC., 100 JEFFERSON BLVD, SUITE 200, WARWICK RI 02888
Edwin S. Barton officer: Chief Operating Officer C/O POWERDYNE INTERNATIONAL, INC., 100 JEFFERSON BLVD SUITE 200, WARWICK RI 02888
Stephen L. Caromile officer: Vice President C/O POWERDYNE INTERNATIONAL, INC., 100 JEFFERSON BLVD SUITE 200, WARWICK RI 02888
James M Cassidy other: former officer:director,s/h 215 APOLENA AVENUE, NEWPORT BEACH CA 92662
James K Mckillop other: frmer officer: director, 10%sh 9454 WILSHIRE BOULEVARD, SUITE 612, BEVERLY HILLS CA 90212
Tiber Creek Corp other: former 10% owner 215 APOLENA AVENUE, NEWPORT BEACH CA 92662

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