Bengal EnergyBNGLF -12.92% Interest Coverage is 11.76 as of Mar. 2026, which is 31% above its 10-year median of 8.98. The stock has 2 warning signs investors should review. Among 728 Oil & Gas companies, Bengal Energy ranks worse than 137362.5% 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. Bengal Energy's
Operating Income
for the
three
months ended in Mar. 2026 was $0.39 Mil. Bengal Energy's Interest Expense for the
three
months ended in Mar. 2026 was $-0.03 Mil.
Bengal Energy's interest coverage for the quarter that ended in Mar. 2026 was 11.76.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Bengal Energy's Interest Coverage or its related term are showing as below:
BNGLF's Interest Coverage is not ranked *
in the Oil & Gas industry.
Industry Median: 5.885 * Ranked among companies with meaningful Interest Coverage only.
Bengal Energy (OTCPK:BNGLF) 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 .
Bengal Energy Interest Coverage Related Terms
Bengal Energy Interest Coverage Historical Data
* Premium members only.
The historical data trend for Bengal Energy'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.
BNGLF vs COP, EOG, OXY: Interest Coverage Comparison
For the Oil & Gas E&P subindustry, Bengal Energy'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.
Bengal Energy Interest Coverage vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Bengal Energy's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Bengal Energy'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:
* 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.
Bengal Energy (BNGLF) has a Interest Coverage of 11.76 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Bengal Energy and its competitors. This is 31% above median its historical median of 8.98. According to the industry distribution chart, Bengal Energy ranks #999999 out of 728 companies in the Oil & Gas industry.
Is Bengal Energy's Interest Coverage too high?
Bengal Energy's current Interest Coverage of 11.76 is 31% above median its 10-year median of 8.98. The Oil & Gas industry median Interest Coverage is 5.89. Bengal Energy's value of 11.76 is 99.8% above this industry median. Based on the distribution chart, Bengal Energy ranks #999999 out of 728 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers.
How does Bengal Energy's Interest Coverage compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Bengal Energy ranks #999999 out of 728 companies for Interest Coverage. This places Bengal Energy in the lower half of its industry. The industry median Interest Coverage is 5.89. Bengal Energy's value of 11.76 is 99.8% above this benchmark. While the company's 10-year median is 8.98 vs. the industry median of 5.89, Bengal Energy 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 5.89, 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. Bengal Energy's current Interest Coverage of 11.76 is 99.8% 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 Bengal Energy 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. Bengal Energy's current Interest Coverage is 11.76, which is 31% above median its own 10-year median of 8.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bengal Energy stock overvalued right now?
Based on GuruFocus' analysis, Bengal Energy (BNGLF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.01, compared to a current price of $0.02 — trading 82% above its estimated fair value. The current Interest Coverage is 11.76, which is 31% above median its 10-year median of 8.98 and 99.8% above the Oil & Gas industry median of 5.89. 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 Bengal Energy (BNGLF), the current Interest Coverage is 11.76 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.
Bengal Energy Ltd is involved in the exploration, development, and production of oil and gas reserves in Australia. It has two reportable operating segments the Australian oil and gas operations and corporate. The Company's producing assets are predominantly situated in Australia, in the Cooper Basin, a region featuring large hydrocarbon pools.
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