NMDC Energy PJSC (ADX:NMDCENR) Interest Coverage: 12.43 (As of Mar. 2026) — 46% Below Median


ADX:NMDCENR NMDC Energy PJSC ADX:NMDCENR
29 GF Score
Price د.إ2.89
! 4 Warning Signs
View Full Analysis

What is NMDC Energy PJSC Interest Coverage?

NMDC Energy PJSC ADX:NMDCENR +0.70% 29 Interest Coverage is 12.43 as of Mar. 2026, which is 46% below its 10-year median of 23.13. GuruFocus rates ADX:NMDCENR with a GF Score™ of 29/100. The stock has 4 warning signs investors should review. Among 725 Oil & Gas companies, NMDC Energy PJSC ranks better than 81.38% 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. NMDC Energy PJSC's Operating Income for the three months ended in Mar. 2026 was د.إ93 Mil. NMDC Energy PJSC's Interest Expense for the three months ended in Mar. 2026 was د.إ-8 Mil. NMDC Energy PJSC's interest coverage for the quarter that ended in Mar. 2026 was 12.43. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for NMDC Energy PJSC's Interest Coverage or its related term are showing as below:

ADX:NMDCENR' s Interest Coverage Range Over the Past 10 Years
Min: 11.13   Med: 23.13   Max: 47.21
Current: 47.21


ADX:NMDCENR's Interest Coverage is ranked better than
81.38% of 725 companies
in the Oil & Gas industry
Industry Median: 5.8 vs ADX:NMDCENR: 47.21

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


NMDC Energy PJSC  (ADX:NMDCENR) 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 .


NMDC Energy PJSC Interest Coverage Related Terms


NMDC Energy PJSC Interest Coverage Historical Data

* Premium members only.

The historical data trend for NMDC Energy PJSC'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.

NMDC Energy PJSC Interest Coverage Chart

NMDC Energy PJSC Annual Data
Trend Dec23 Dec24 Dec25
Interest Coverage
11.13 23.13 44.17

NMDC Energy PJSC Quarterly Data
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 17.19 39.57 42.64 99.80 12.43

ADX:NMDCENR vs COP, EOG, FANG: Interest Coverage Comparison

For the Oil & Gas E&P subindustry, NMDC Energy PJSC'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.


NMDC Energy PJSC Interest Coverage vs Oil & Gas Industry

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

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


ADX:NMDCENR
29GF Score
NMDC Energy PJSC ADX:NMDCENR
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NMDC Energy PJSC 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.

NMDC Energy PJSC'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, NMDC Energy PJSC's Interest Expense was د.إ-39 Mil. Its Operating Income was د.إ1,726 Mil. And its Long-Term Debt & Capital Lease Obligation was د.إ472 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*1725.56/-39.07
=44.17

NMDC Energy PJSC's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, NMDC Energy PJSC's Interest Expense was د.إ-8 Mil. Its Operating Income was د.إ93 Mil. And its Long-Term Debt & Capital Lease Obligation was د.إ385 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*93.342/-7.51
=12.43

* 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 12.43 mean?
NMDC Energy PJSC (ADX:NMDCENR) has a Interest Coverage of 12.43 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on NMDC Energy PJSC and its competitors. This is 46% below median its historical median of 23.13. Over the past decade, NMDC Energy PJSC's Interest Coverage has ranged from 11.13 to 47.21. According to the industry distribution chart, NMDC Energy PJSC ranks #135 out of 725 companies in the Oil & Gas industry, placing it in the top 18.6%.
Is NMDC Energy PJSC's Interest Coverage too high?
NMDC Energy PJSC's current Interest Coverage of 12.43 is 46% below median its 10-year median of 23.13. Over the past 10 years, this metric has ranged from a low of 11.13 to a high of 47.21. The Oil & Gas industry median Interest Coverage is 5.80. NMDC Energy PJSC's value of 12.43 is 114.3% above this industry median. Based on the distribution chart, NMDC Energy PJSC ranks #135 out of 725 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, NMDC Energy PJSC has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does NMDC Energy PJSC's Interest Coverage compare to COP and EOG?
According to the Oil & Gas industry distribution chart, NMDC Energy PJSC ranks #135 out of 725 companies for Interest Coverage. This places NMDC Energy PJSC in the top 19% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 5.80. NMDC Energy PJSC's value of 12.43 is 114.3% above this benchmark. Historically, NMDC Energy PJSC's own Interest Coverage has ranged from 11.13 to 47.21 over the past decade. While the company's 10-year median is 23.13 vs. the industry median of 5.80, NMDC Energy PJSC 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. NMDC Energy PJSC's current Interest Coverage of 12.43 is 114.3% 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 NMDC Energy PJSC 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. NMDC Energy PJSC's current Interest Coverage is 12.43, which is 46% below median its own 10-year median of 23.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NMDC Energy PJSC stock overvalued right now?
NMDC Energy PJSC (ADX:NMDCENR) has a current Interest Coverage of 12.43. The current Interest Coverage is 12.43, which is 46% below median its 10-year median of 23.13 and 114.3% above the Oil & Gas industry median of 5.80. NMDC Energy PJSC's overall GF Score™ is 29/100 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 NMDC Energy PJSC (ADX:NMDCENR), the current Interest Coverage is 12.43 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.

NMDC Energy PJSC Business Description

Industry EnergyOil & Gas
Address Mussafah, P.O Box. 2058, Abu Dhabi, ARE
NMDC Energy PJSC is engaged in engineering, procurement, and construction solutions for clients in the onshore and offshore oil and gas sectors. Its projects include MERAM, Umm Lulu full field development, Estidama, Satah full field development, and others projects. The Group has aggregated its geographical segments into UAE and International. UAE segment includes projects in the UAE, while international segment includes operations in Kingdom of Saudi Arabia, Bahrain, India, Taiwan, and Kuwait.
29GF Score

Get the complete analysis for ADX:NMDCENR

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

د.إ2.89
Price