Pioneer Oil & Gas (Pioneer Oil & Gas) Interest Coverage : No Debt ⁽¹⁾ (As of Jun. 2005)

Pioneer Oil & Gas Interest Coverage Chart

Pioneer Oil & Gas Quarterly Data
	Sep00	Dec00	Mar01	Jun01	Sep01	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05
Interest Coverage	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Pioneer Oil & Gas's Interest Coverage

For the Oil & Gas Integrated subindustry, Pioneer Oil & Gas'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.

Pioneer Oil & Gas's Interest Coverage Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Pioneer Oil & Gas's Interest Coverage falls into.

Pioneer Oil & Gas 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

Else if Interest Expense is negative and Operating Income is negative, then

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

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

Pioneer Oil & Gas's Interest Coverage for the fiscal year that ended in Sep. 2004 is calculated as

Here, for the fiscal year that ended in Sep. 2004, Pioneer Oil & Gas's Interest Expense was $0.00 Mil. Its Operating Income was $0.54 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Pioneer Oil & Gas's Interest Coverage for the quarter that ended in Jun. 2005 is calculated as

Here, for the three months ended in Jun. 2005, Pioneer Oil & Gas's Interest Expense was $0.00 Mil. Its Operating Income was $2.38 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

* 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.

Pioneer Oil & Gas  (OTCPK:POGS) 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 .

Pioneer Oil & Gas Interest Coverage Related Terms

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

Pioneer Oil & Gas (Pioneer Oil & Gas) Business Description