ESG Inc. (ESGH) — the dividend is covered by nothing
Fiscal year ending 2025-12-31 · sector Consumer staples · payout ratios computed from SEC filings, not taken from a data vendor.
| Basis | Payout | Why it differs |
|---|---|---|
| GAAP earnings | negative | The company lost $0.02 per share, so there are no earnings to pay a dividend out of and no ratio exists. |
| Free cash flow | negative | Operating cash flow was $0.1m short of capital spending, so no ratio exists. The dividend was not funded from free cash flow this year. |
Nothing is marked as applying, deliberately — no basis produces a ratio. Earnings, operating cash flow and free cash flow are all negative, so there is no denominator to divide the dividend by. That is not a gap in the data; it is the answer. The dividend was funded from something other than the money the business made this year — borrowing, cash on hand, or asset sales — and the filing will say which.
Coverage rating 25 / 100 — Strained. ? Peer standing 0/50Direction 15/30Stability 10/20
The arithmetic
- GAAP earnings — dividends declared per share $0.08 ÷ diluted EPS $-0.02
- Free cash flow — dividends paid $2.2m ÷ (operating cash flow $0.1m − capex $0.2m)
Where the figures came from
- 10-K filed 2026-03-31 · accession
0001520138-26-000093
Every one is public at sec.gov and free to check. That is the point — you should not have to take my word for any of it.
Caveats on this company
- DPS derived from dividends paid ($0.08); no per-share tag filed
- basis discarded as outside the sane band (distribution far larger than the year's income — usually a special dividend or a return of capital, not a payout ratio): ocf
Computed by an open pipeline reading SEC XBRL directly. If any number here looks wrong to you, tell me — that is more useful to me than agreement.