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Engen Botswana (BOT:ENGNBT) Interest Coverage : 0 (At Loss) (As of . 20)


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What is Engen Botswana 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. Engen Botswana's Operating Income for the six months ended in . 20 was BWP0.00 Mil. Engen Botswana's Interest Expense for the six months ended in . 20 was BWP0.00 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

(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 Engen Botswana's Interest Coverage or its related term are showing as below:


BOT:ENGNBT's Interest Coverage is not ranked *
in the Oil & Gas industry.
Industry Median: 6.56
* 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.


Engen Botswana Interest Coverage Historical Data

The historical data trend for Engen Botswana'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.

Engen Botswana Interest Coverage Chart

Engen Botswana Annual Data
Trend
Interest Coverage

Engen Botswana Semi-Annual Data
Interest Coverage

Competitive Comparison of Engen Botswana's Interest Coverage

For the Oil & Gas Refining & Marketing subindustry, Engen Botswana'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.


Engen Botswana's Interest Coverage Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Engen Botswana's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Engen Botswana's Interest Coverage falls into.



Engen Botswana 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.

Engen Botswana's Interest Coverage for the fiscal year that ended in . 20 is calculated as

Here, for the fiscal year that ended in . 20, Engen Botswana's Interest Expense was BWP0.00 Mil. Its Operating Income was BWP0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was BWP0.00 Mil.

Engen Botswana had no debt (1).

Engen Botswana's Interest Coverage for the quarter that ended in . 20 is calculated as

Here, for the six months ended in . 20, Engen Botswana's Interest Expense was BWP0.00 Mil. Its Operating Income was BWP0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was BWP0.00 Mil.

Engen Botswana 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.


Engen Botswana  (BOT:ENGNBT) 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 .


Engen Botswana Interest Coverage Related Terms

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Engen Botswana (BOT:ENGNBT) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Plot no 54026, Western Bypass, PO Box 867, Gaborone, BWA
Engen Botswana Ltd is engaged in the petroleum products industry. It is mainly focused on the marketing of petroleum, lubricants and functional fluids, chemicals, and retail convenience services. It also has a network of service stations across 7 countries in sub-Saharan Africa and the Indian Ocean Islands.

Engen Botswana (BOT:ENGNBT) Headlines

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