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PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna (WAR:PGV) Interest Coverage : 0 (At Loss) (As of Mar. 2024)


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What is PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna 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. PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's Operating Income for the three months ended in Mar. 2024 was zł-0.6 Mil. PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's Interest Expense for the three months ended in Mar. 2024 was zł-4.6 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 PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's Interest Coverage or its related term are showing as below:

WAR:PGV' s Interest Coverage Range Over the Past 10 Years
Min: 0.09   Med: 1.43   Max: 1.43
Current: 0.09


WAR:PGV's Interest Coverage is ranked worse than
99.61% of 2281 companies
in the Industrial Products industry
Industry Median: 13.77 vs WAR:PGV: 0.09

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


PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna Interest Coverage Historical Data

The historical data trend for PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna'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.

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna Interest Coverage Chart

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.43 - -

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
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 - 17.03 - 1.49 -

Competitive Comparison of PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's Interest Coverage

For the Metal Fabrication subindustry, PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna'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.


PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's Interest Coverage Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's Interest Coverage distribution charts can be found below:

* The bar in red indicates where PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's Interest Coverage falls into.



PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna 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.

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna'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, PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's Interest Expense was zł-192.9 Mil. Its Operating Income was zł-1.1 Mil. And its Long-Term Debt & Capital Lease Obligation was zł0.5 Mil.

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna did not have earnings to cover the interest expense.

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's Interest Expense was zł-4.6 Mil. Its Operating Income was zł-0.6 Mil. And its Long-Term Debt & Capital Lease Obligation was zł1.4 Mil.

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna 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.


PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna  (WAR:PGV) 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 .


PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna Interest Coverage Related Terms

Thank you for viewing the detailed overview of PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna (WAR:PGV) Business Description

Traded in Other Exchanges
N/A
Address
ul. Sulechowska 4a, Zielona Gora, POL, 65-119
PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna, formerly Zastal SA is engaged in the manufacture and sale of rolling stock and steel structures. The company manufactures steel structures of industrial halls, buildings, churches, bridges, and railway stations, as well as constructs railway wagons and cars. It also operates in USSR, Iraq, Syria, and China.

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna (WAR:PGV) Headlines

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