ADNOC Gas (ADX:ADNOCGAS) Interest Coverage: 19.74 (As of Mar. 2026) — 79% Below Median


ADX:ADNOCGAS ADNOC Gas PLC ADX:ADNOCGAS
56 GF Score
Price د.إ3.42
GF Value د.إ3.21
Valuation Fairly Valued
! 4 Warning Signs
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What is ADNOC Gas Interest Coverage?

ADNOC Gas ADX:ADNOCGAS -0.29% 56 Interest Coverage is 19.74 as of Mar. 2026, which is 79% below its 10-year median of 94.59. GuruFocus rates ADX:ADNOCGAS with a GF Score™ of 56/100 and a GF Value™ of د.إ3.21 (Fairly Valued). The stock has 4 warning signs investors should review. Among 725 Oil & Gas companies, ADNOC Gas ranks better than 85.1% on this metric.

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. ADNOC Gas's Operating Income for the three months ended in Mar. 2026 was د.إ3,746 Mil. ADNOC Gas's Interest Expense for the three months ended in Mar. 2026 was د.إ-190 Mil. ADNOC Gas's interest coverage for the quarter that ended in Mar. 2026 was 19.74. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. ADNOC Gas PLC has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for ADNOC Gas's Interest Coverage or its related term are showing as below:

ADX:ADNOCGAS' s Interest Coverage Range Over the Past 10 Years
Min: 36.25   Med: 94.59   Max: 104.03
Current: 95.06


ADX:ADNOCGAS's Interest Coverage is ranked better than
85.1% of 725 companies
in the Oil & Gas industry
Industry Median: 5.8 vs ADX:ADNOCGAS: 95.06

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


ADNOC Gas  (ADX:ADNOCGAS) 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 .


ADNOC Gas Interest Coverage Related Terms


ADNOC Gas Interest Coverage Historical Data

* Premium members only.

The historical data trend for ADNOC Gas'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.

ADNOC Gas Interest Coverage Chart

ADNOC Gas Annual Data
Trend Dec20 Dec21 Dec23 Dec24 Dec25
Interest Coverage
0.00 90.06 36.25 99.12 104.03

ADNOC Gas Quarterly Data
Dec20 Dec21 Oct22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 40.30 24.67 23.28 0.00 19.74

ADX:ADNOCGAS vs XOM, CVX: Interest Coverage Comparison

For the Oil & Gas Integrated subindustry, ADNOC 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.


ADNOC Gas Interest Coverage vs Oil & Gas Industry

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

* The bar in red indicates where ADNOC Gas's Interest Coverage falls into.


ADX:ADNOCGAS
56GF Score
ADNOC Gas PLC ADX:ADNOCGAS
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ADNOC 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

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.

ADNOC Gas's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, ADNOC Gas's Interest Expense was د.إ-124 Mil. Its Operating Income was د.إ12,884 Mil. And its Long-Term Debt & Capital Lease Obligation was د.إ66 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*12884.11/-123.848
=104.03

ADNOC Gas's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, ADNOC Gas's Interest Expense was د.إ-190 Mil. Its Operating Income was د.إ3,746 Mil. And its Long-Term Debt & Capital Lease Obligation was د.إ28 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*3746.043/-189.786
=19.74

* 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 19.74 mean?
ADNOC Gas (ADX:ADNOCGAS) has a Interest Coverage of 19.74 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on ADNOC Gas and its competitors. This is 79% below median its historical median of 94.59. Over the past decade, ADNOC Gas' Interest Coverage has ranged from 36.25 to 104.03. According to the industry distribution chart, ADNOC Gas ranks #108 out of 725 companies in the Oil & Gas industry, placing it in the top 14.9%.
Is ADNOC Gas' Interest Coverage too high?
ADNOC Gas' current Interest Coverage of 19.74 is 79% below median its 10-year median of 94.59. Over the past 10 years, this metric has ranged from a low of 36.25 to a high of 104.03. The Oil & Gas industry median Interest Coverage is 5.80. ADNOC Gas' value of 19.74 is 240.3% above this industry median. Based on the distribution chart, ADNOC Gas ranks #108 out of 725 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, ADNOC Gas has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ADNOC Gas' Interest Coverage compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, ADNOC Gas ranks #108 out of 725 companies for Interest Coverage. This places ADNOC Gas in the top 15% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 5.80. ADNOC Gas' value of 19.74 is 240.3% above this benchmark. Historically, ADNOC Gas' own Interest Coverage has ranged from 36.25 to 104.03 over the past decade. While the company's 10-year median is 94.59 vs. the industry median of 5.80, ADNOC Gas has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for an Oil & Gas company?
The median Interest Coverage among Oil & Gas companies is 5.80, based on 725 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ADNOC Gas's current Interest Coverage of 19.74 is 240.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on ADNOC Gas and its competitors. For the Oil & Gas industry, the median Interest Coverage is 5.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ADNOC Gas's current Interest Coverage is 19.74, which is 79% below median its own 10-year median of 94.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ADNOC Gas stock overvalued right now?
Based on GuruFocus' analysis, ADNOC Gas (ADX:ADNOCGAS) is currently considered Fairly Valued. The stock's GF Value™ is د.إ3.21, compared to a current price of د.إ3.42 — trading 6.5% above its estimated fair value. The current Interest Coverage is 19.74, which is 79% below median its 10-year median of 94.59 and 240.3% above the Oil & Gas industry median of 5.80. ADNOC Gas' overall GF Score™ is 56/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For ADNOC Gas (ADX:ADNOCGAS), the current Interest Coverage is 19.74 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is ADNOC Gas (ADX:ADNOCGAS) Overvalued in 2026?

Based on GuruFocus' analysis, ADNOC Gas stock appears to be overvalued. The current stock price of د.إ3.42 is trading 6.5% above its estimated GF Value™ of د.إ3.21. GuruFocus considers ADNOC Gas to be Fairly Valued.

Key valuation signals for ADX:ADNOCGAS:

  • Interest Coverage: 19.74 (79% below median its 10-year median of 94.59)
  • GF Value™: د.إ3.21 vs. price of د.إ3.42 (6.5% above fair value)
  • GF Score™: 56/100 with 4 warning signs
  • Industry Position: 240.3% above the Oil & Gas median (#108 of 725)

No single metric tells the full story. See the ADX:ADNOCGAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ADNOC Gas Business Description

Industry EnergyOil & Gas
Address Khalifa Street, Sheikh Khalifa Energy Complex 1, Abu Dhabi, ARE
ADNOC Gas PLC is an integrated gas processing company. The Company is responsible for producing, processing, distributing, and marketing natural gas and its derivatives in the UAE and abroad. The company Gas operates a network of pipelines, processing plants, storage facilities, and export terminals that supply gas to various sectors, including power generation, water desalination, petrochemicals, industries, and households. The Company also exports liquefied natural gas (LNG) and liquefied petroleum gas (LPG) to regional and international markets.
56GF Score

Get the complete analysis for ADX:ADNOCGAS

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

د.إ3.42
Price
د.إ3.21
GF Value