Omega Oil & GasASX:OMA +6.67%30 Interest Coverage is 0 (At Loss) as of Dec. 2025. GuruFocus rates ASX:OMA with a GF Score™ of 30/100. The stock has 4 warning signs investors should review. Among 731 Oil & Gas companies, Omega Oil & Gas ranks worse than 136798.77% 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. Omega Oil & Gas's
Operating Income
for the
six
months ended in Dec. 2025 was A$-3.91 Mil. Omega Oil & Gas's Interest Expense for the
six
months ended in Dec. 2025 was A$-0.01 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 Omega Oil & Gas's Interest Coverage or its related term are showing as below:
ASX:OMA's Interest Coverage is not ranked *
in the Oil & Gas industry.
Industry Median: 5.89 * Ranked among companies with meaningful Interest Coverage only.
Omega Oil & Gas (ASX:OMA) 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 .
Omega Oil & Gas Interest Coverage Related Terms
Omega Oil & Gas Interest Coverage Historical Data
* Premium members only.
The historical data trend for Omega 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.
ASX:OMA vs COP, EOG, OXY: Interest Coverage Comparison
For the Oil & Gas E&P subindustry, Omega 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.
Omega Oil & Gas Interest Coverage vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Omega Oil & Gas's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Omega Oil & Gas's Interest Coverage falls into.
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:
Omega Oil & Gas did not have earnings to cover the 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.
What does a Interest Coverage of 0 (At Loss) mean?
Omega Oil & Gas (ASX:OMA) has a Interest Coverage of 0 (At Loss) as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Omega Oil & Gas and its competitors. According to the industry distribution chart, Omega Oil & Gas ranks #999999 out of 731 companies in the Oil & Gas industry.
Is Omega Oil & Gas' Interest Coverage too high?
Omega Oil & Gas' current Interest Coverage is 0 (At Loss). Based on the distribution chart, Omega Oil & Gas ranks #999999 out of 731 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Omega Oil & Gas has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Omega Oil & Gas' Interest Coverage compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Omega Oil & Gas ranks #999999 out of 731 companies for Interest Coverage. This places Omega Oil & Gas in the lower half of its industry. The industry median Interest Coverage is 5.89. 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 5.89, based on 731 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 Omega Oil & Gas and its competitors. For the Oil & Gas industry, the median Interest Coverage is 5.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Omega 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 Omega Oil & Gas stock overvalued right now?
Omega Oil & Gas (ASX:OMA) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). Omega Oil & Gas' overall GF Score™ is 30/100 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 Omega Oil & Gas (ASX:OMA), the current Interest Coverage is 0 (At Loss) as of Dec. 2025. 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.
Omega Oil & Gas Ltd is an Australian exploration company unlocking oil and gas resources in Queensland's Taroom Trough, an emerging energy frontier. The company is advancing the Canyon Project within this under-explored region of the south Bowen Basin. Appraisal activities include drilling and fracture stimulation of the Canyon-1H well, and data acquisition at Canyon-2 confirming an extensive petroleum system. The company holds 100% interest in Authority to Prospect 2037 and 2038 located west of Tara. It is also conducting a strategic review of the Bennett Oil project in Petroleum Lease 17 near the Surat Basin and engaging with potential farm-in partners.
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