Cadogan Energy Solutions (AQSE:CAD.GB) Interest Coverage : 0 (At Loss) (As of Dec. 2024)

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What is Cadogan Energy Solutions Interest Coverage?

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. Cadogan Energy Solutions's Operating Income for the six months ended in Dec. 2024 was £-0.14 Mil. Cadogan Energy Solutions's Interest Expense for the six months ended in Dec. 2024 was £-0.02 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 Cadogan Energy Solutions's Interest Coverage or its related term are showing as below:

AQSE:CAD.GB' s Interest Coverage Range Over the Past 10 Years
Min: 14.47 Med: 14.59 Max: 14.59
Current: 14.47

AQSE:CAD.GB's Interest Coverage is ranked better than
69.46% of 717 companies
in the Oil & Gas industry
Industry Median: 5.96 vs AQSE:CAD.GB: 14.47

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

Cadogan Energy Solutions Interest Coverage Historical Data

The historical data trend for Cadogan Energy Solutions'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.

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Cadogan Energy Solutions Interest Coverage Chart

Cadogan Energy Solutions Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Coverage

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14.59

Cadogan Energy Solutions Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Interest Coverage	Get a 7-Day Free Trial															52.80	-	-	67.44	-

Competitive Comparison of Cadogan Energy Solutions's Interest Coverage

For the Oil & Gas E&P subindustry, Cadogan Energy Solutions'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.

Cadogan Energy Solutions's Interest Coverage Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Cadogan Energy Solutions's Interest Coverage falls into.

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Cadogan Energy Solutions 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.

Cadogan Energy Solutions's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Cadogan Energy Solutions's Interest Expense was £-0.03 Mil. Its Operating Income was £0.47 Mil. And its Long-Term Debt & Capital Lease Obligation was £0.06 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2024 )	/	Interest Expense (A: Dec. 2024 )
	=	-1	*	0.467	/	-0.032
	=	14.59

Cadogan Energy Solutions's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, Cadogan Energy Solutions's Interest Expense was £-0.02 Mil. Its Operating Income was £-0.14 Mil. And its Long-Term Debt & Capital Lease Obligation was £0.06 Mil.

Cadogan Energy Solutions did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's Financial Strength is.

Cadogan Energy Solutions (AQSE:CAD.GB) 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 .

Cadogan Energy Solutions Interest Coverage Related Terms

Thank you for viewing the detailed overview of Cadogan Energy Solutions's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.

Cadogan Energy Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Cadogan Energy Solutions PLC (AQSE:CAD.GB) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

CAD:UK CPD:Germany

Address

60 Gracechurch Street, 6th Floor, London, GBR, EC3V 0HR

Website

https://www.cadoganenergysolutions.com

Cadogan Energy Solutions PLC is an independent energy company, which operates an exploration and production license in Western Ukraine, conducts gas trading operations, and provides services to E&P companies. The objective of the company is to be a diversified energy group making investments offering energy solutions and alternative services with a lower environmental impact. It has two operating segments; the Exploration and Production segment includes E&P activities on the exploration and production licenses for natural gas, oil, and condensate, and the Trading segment includes the Import of natural gas from European countries and Local purchase and sales of natural gas operations with physical delivery of natural gas.

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