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. Abu Dhabi National Energy Co PJSC's
Operating Income
for the
three
months ended in Mar. 2026 was د.إ2,718 Mil. Abu Dhabi National Energy Co PJSC's Interest Expense for the
three
months ended in Mar. 2026 was د.إ-784 Mil.
Abu Dhabi National Energy Co PJSC's interest coverage for the quarter that ended in Mar. 2026 was 3.47.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Abu Dhabi National Energy Co PJSC's Interest Coverage or its related term are showing as below:
ADX:TAQA'
s Interest Coverage Range Over the Past 10 Years
Min: 1.35 Med: 3.42 Max: 3098
Current: 3.4
ADX:TAQA's Interest Coverage is ranked worse than 54.22% of 450
companies
in the Utilities - Regulated industry
Industry Median: 3.8
vs ADX:TAQA: 3.40
Abu Dhabi National Energy Co PJSC (ADX:TAQA) 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 .
Abu Dhabi National Energy Co PJSC Interest Coverage Related Terms
Abu Dhabi National Energy Co PJSC Interest Coverage Historical Data
* 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.
Abu Dhabi National Energy Co PJSC Interest Coverage Chart
ADX:TAQA vs SRE, AES: Interest Coverage Comparison
For the Utilities - Diversified subindustry, Abu Dhabi National Energy Co 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.
Abu Dhabi National Energy Co PJSC Interest Coverage vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Abu Dhabi National Energy Co PJSC's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Abu Dhabi National Energy Co PJSC's Interest Coverage falls into.
Abu Dhabi National Energy Co 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:
* 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.
Abu Dhabi National Energy Co PJSC (ADX:TAQA) has a Interest Coverage of 3.47 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Abu Dhabi National Energy Co PJSC and its competitors. This is near median its historical median of 3.42. Over the past decade, Abu Dhabi National Energy Co PJSC's Interest Coverage has ranged from 1.35 to 3,098.00. According to the industry distribution chart, Abu Dhabi National Energy Co PJSC ranks #244 out of 450 companies in the Utilities - Regulated industry, placing it in the top 54.2%.
Is Abu Dhabi National Energy Co PJSC's Interest Coverage too high?
Abu Dhabi National Energy Co PJSC's current Interest Coverage of 3.47 is near median its 10-year median of 3.42. Over the past 10 years, this metric has ranged from a low of 1.35 to a high of 3,098.00. The Utilities - Regulated industry median Interest Coverage is 3.80. Abu Dhabi National Energy Co PJSC's value of 3.47 is 8.7% below this industry median. Based on the distribution chart, Abu Dhabi National Energy Co PJSC ranks #244 out of 450 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Abu Dhabi National Energy Co PJSC has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Abu Dhabi National Energy Co PJSC's Interest Coverage compare to SRE and AES?
According to the Utilities - Regulated industry distribution chart, Abu Dhabi National Energy Co PJSC ranks #244 out of 450 companies for Interest Coverage. This places Abu Dhabi National Energy Co PJSC in the lower half of its industry. The industry median Interest Coverage is 3.80. Abu Dhabi National Energy Co PJSC's value of 3.47 is 8.7% below this benchmark. Historically, Abu Dhabi National Energy Co PJSC's own Interest Coverage has ranged from 1.35 to 3,098.00 over the past decade. While the company's 10-year median is 3.42 vs. the industry median of 3.80, Abu Dhabi National Energy Co PJSC has consistently been below 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 Utilities - Regulated company?
The median Interest Coverage among Utilities - Regulated companies is 3.80, based on 450 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. Abu Dhabi National Energy Co PJSC's current Interest Coverage of 3.47 is 8.7% below 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 Abu Dhabi National Energy Co PJSC and its competitors. For the Utilities - Regulated industry, the median Interest Coverage is 3.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Abu Dhabi National Energy Co PJSC's current Interest Coverage is 3.47, which is near median its own 10-year median of 3.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Abu Dhabi National Energy Co PJSC stock overvalued right now?
Based on GuruFocus' analysis, Abu Dhabi National Energy Co PJSC (ADX:TAQA) is currently considered Modestly Undervalued. The stock's GF Value™ is د.إ3.43, compared to a current price of د.إ2.64 — trading 23% below its estimated fair value. The current Interest Coverage is 3.47, which is near median its 10-year median of 3.42 and 8.7% below the Utilities - Regulated industry median of 3.80. Abu Dhabi National Energy Co PJSC's overall GF Score™ is 81/100 with 3 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 Abu Dhabi National Energy Co PJSC (ADX:TAQA), the current Interest Coverage is 3.47 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 Abu Dhabi National Energy Co PJSC (ADX:TAQA) Overvalued in 2026?
Based on GuruFocus' analysis, Abu Dhabi National Energy Co PJSC stock appears to be undervalued.
The current stock price of د.إ2.64 is trading 23% below its estimated GF Value™ of د.إ3.43.
GuruFocus considers Abu Dhabi National Energy Co PJSC to be Modestly Undervalued.
Key valuation signals for ADX:TAQA:
Interest Coverage: 3.47 (near median its 10-year median of 3.42)
GF Value™: د.إ3.43 vs. price of د.إ2.64 (23% below fair value)
Industry Position: 8.7% below the Utilities - Regulated median (#244 of 450)
No single metric tells the full story. See the ADX:TAQA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Abu Dhabi National Energy Co PJSC Business Description
Abu Dhabi National Energy Co PJSC which is majority-owned by the Abu Dhabi government is a fully integrated energy provider with operations in nine markets around the world. Its segment includes Power and Water Generation segment, Power and Water Transmission segment, Power and Water Distribution segment, Oil and Gas segment, and Water Solutions Segment. The company generates the majority of its revenue from Power and Water Distribution segment, which is engaged in distribution of water and electricity from the generation and desalination plants in the UAE.. Geographically the company generates the majority of its revenue from UAE.
81GF Score
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Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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