Uranium Energy (Uranium Energy) Interest Coverage : 0 (At Loss) (As of Jan. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Uranium 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. Uranium Energy's Operating Income for the three months ended in Jan. 2024 was $-12.03 Mil. Uranium Energy's Interest Expense for the three months ended in Jan. 2024 was $-0.21 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 Uranium Energy's Interest Coverage or its related term are showing as below:

UEC's Interest Coverage is not ranked ^*
in the Other Energy Sources industry.
Industry Median: 21.7
* 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.

Uranium Energy Interest Coverage Historical Data

The historical data trend for Uranium 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.

Uranium Energy Interest Coverage Chart

Uranium Energy Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Interest Coverage

Get a 7-Day Free Trial

11.15

Uranium Energy Quarterly Data
	Apr19	Jul19	Oct19	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															26.25	-	18.10	-	-

Competitive Comparison of Uranium Energy's Interest Coverage

For the Uranium subindustry, Uranium 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.

Uranium Energy's Interest Coverage Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Uranium Energy's Interest Coverage distribution charts can be found below:

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

Uranium 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.

Uranium Energy's Interest Coverage for the fiscal year that ended in Jul. 2023 is calculated as

Here, for the fiscal year that ended in Jul. 2023, Uranium Energy's Interest Expense was $-0.81 Mil. Its Operating Income was $8.98 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Jul. 2023 )	/	Interest Expense (A: Jul. 2023 )
	=	-1	*	8.979	/	-0.805
	=	11.15

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

Here, for the three months ended in Jan. 2024, Uranium Energy's Interest Expense was $-0.21 Mil. Its Operating Income was $-12.03 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Uranium Energy did not have earnings to cover the interest expense.

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

Uranium Energy (AMEX:UEC) 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 .

Uranium Energy Interest Coverage Related Terms

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

Uranium Energy (Uranium Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Uranium Energy Corp (AMEX:UEC) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

U6Z:Germany U6Z:Germany U6Z:Germany UEC:Austria

Address

500 North Shoreline Boulevard, Suite 800N, Corpus Christi, TX, USA, 78401

Website

https://www.uraniumenergy.com

Uranium Energy Corp is engaged in uranium mining and related activities. The company is working towards fueling the global demand for carbon-free nuclear energy, a key solution to climate change, and energy source for the low-carbon future. UEC is a pure-play uranium company and is advancing its next generation of low-cost, environmentally friendly, in-situ recovery (ISR) mining uranium projects. It has two extraction-ready ISR hub and spoke platforms in South Texas and Wyoming. UEC also has seven U.S. ISR uranium projects with all of their major permits in place, with additional diversified holdings of uranium assets across the U.S., Canada and Paraguay.

Executives

Pat Obara	officer: Interim Chief Financial Office	1111 WEST HASTINGS STREET, SUITE 320, VANCOUVER A1 V6E 2J3
Ballesta Moya Gloria L	director	CII 142 #6-69, TORRE 10-101, BOGOTA F8 110121
Volpe Vincent Della	director	32 EVERGREEN DRIVE, LINCOLN PARK NJ 07032
David Kong	director	7440 AFTON DRIVE, RICHMOND A1 V7A 1A3
Amir Adnani	director, officer: President and CEO	1111 WEST HASTINGS STREET, SUITE 320, VANCOUVER A1 V6E 2J3
Scott Melbye	officer: Executive Vice President	618 CLIFFGATE LANE, CASTLE ROCK CO 80108
Spencer Abraham	director	600 14TH STREET, NW, SUITE 500, WASHINGTON DC 20005
Trecia M Canty	director	1 SYLVAN WAY, 2ND FLOOR, C/O PBF ENERGY INC., PARSIPPANY NJ 07054
Donna Wichers	officer: VP of Wyoming Operations	109 TAILGATE LANE, HAMILTON MT 59840
Pacific Road Capital Management G.p. Ltd	10 percent owner	89 NEXUS WAY, CAMANA BAY E9 KY1-9007
Jian Hua Zhang	officer: CONTROLLER	UNIT 32, 10489 DELSOM CRESCENT, DELTA A1 V4C 0B9
Ganpat Mani	director	1249 SARAH CT, HIGHLANDS RANCH CO 80126
Kurrus Andrew William Iii	officer: VP Resource Development	2722 WIND ROCK DRIVE, CORPUS CHRISTI TX 78410
Powell Iii Fred Pasco	officer: VP of Marketing and Sales	375 BEACH ROAD, #204, JUPITER FL 33469
Mark Katsumata	director	14447 BLACKBURN CRESCENT, WHITE ROCK A1 V4B 3A3