AOGC (Australian Oil & Gas) Interest Coverage: 0 (At Loss) (As of Mar. 2012)

What is Australian Oil & Gas Interest Coverage?

Australian Oil & Gas AOGC -99.95% Interest Coverage is 0 (At Loss) as of Mar. 2012.

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. Australian Oil & Gas's Operating Income for the three months ended in Mar. 2012 was $-0.07 Mil. Australian Oil & Gas's Interest Expense for the three months ended in Mar. 2012 was $-0.00 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

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

AOGC's Interest Coverage is not ranked ^*
in the Oil & Gas industry.
Industry Median: 5.84
* 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.

Australian Oil & Gas (OTCPK:AOGC) 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 .

Australian Oil & Gas Interest Coverage Related Terms

Australian Oil & Gas Interest Coverage Historical Data

* Premium members only.

The historical data trend for Australian Oil & 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.

Australian Oil & Gas Interest Coverage Chart

Australian Oil & Gas Annual Data

Trend

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Interest Coverage

Get a 7-Day Free Trial

N/A

0.00

Australian Oil & Gas Quarterly Data
	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12
Interest Coverage	Get a 7-Day Free Trial															0.00	0.00	N/A	No Debt	0.00

AOGC vs PGNPQ, SOIGF, MKSEF: Interest Coverage Comparison

For the Oil & Gas E&P subindustry, Australian 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.

Australian Oil & Gas Interest Coverage vs Oil & Gas Industry

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

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

Save Embed

Australian 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

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.

Australian Oil & Gas's Interest Coverage for the fiscal year that ended in Dec. 2011 is calculated as

Here, for the fiscal year that ended in Dec. 2011, Australian Oil & Gas's Interest Expense was $-0.02 Mil. Its Operating Income was $-0.28 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Australian Oil & Gas did not have earnings to cover the interest expense.

Australian Oil & Gas's Interest Coverage for the quarter that ended in Mar. 2012 is calculated as

Here, for the three months ended in Mar. 2012, Australian Oil & Gas's Interest Expense was $-0.00 Mil. Its Operating Income was $-0.07 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Australian Oil & Gas did not have earnings to cover the interest expense.

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 0 (At Loss) mean?

Australian Oil & Gas (AOGC) has a Interest Coverage of 0 (At Loss) as of Mar. 2012. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Australian Oil & Gas and its competitors.

Is Australian Oil & Gas' Interest Coverage too high?

Australian Oil & Gas' current Interest Coverage is 0 (At Loss).

How does Australian Oil & Gas' Interest Coverage compare to PGNPQ and SOIGF?

Australian Oil & Gas' Interest Coverage of 0 (At Loss) can be compared against companies in the Oil & Gas industry. The industry median Interest Coverage is 5.84. 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 5.84, based on 728 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. 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 Australian Oil & Gas and its competitors. For the Oil & Gas industry, the median Interest Coverage is 5.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Australian Oil & Gas's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Australian Oil & Gas stock overvalued right now?

Australian Oil & Gas (AOGC) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). 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 Australian Oil & Gas (AOGC), the current Interest Coverage is 0 (At Loss) as of Mar. 2012. 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.

Australian Oil & Gas Business Description

Industry Energy Oil & Gas

Comparable Companies PGNPQ SOIGF MKSEF CEI ORIG GULTU PACD NADL FOEAY PHXHF AWLCF ICD PES ARHVF SDRL GUKYF SDLP TDGCF SBR ATW

Address 500 Collins Street, Level 21, Melbourne, VIC, AUS, 3000

Australian Oil & Gas Corp is an energy company that explores for natural gas, crude oil and natural gas liquids.