Promigas (BOG:PROMIGAS) Interest Coverage: 2.05 (As of Mar. 2026) — 26% Below Median


BOG:PROMIGAS Promigas SA BOG:PROMIGAS
91 GF Score
Price COP6,590.00
GF Value COP6,579.95
Valuation Fairly Valued
! 7 Warning Signs
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What is Promigas Interest Coverage?

Promigas BOG:PROMIGAS -2.08% 91 Interest Coverage is 2.05 as of Mar. 2026, which is 26% below its 10-year median of 2.78. GuruFocus rates BOG:PROMIGAS with a GF Score™ of 91/100 and a GF Value™ of COP6,579.95 (Fairly Valued). The stock has 7 warning signs investors should review. Among 449 Utilities - Regulated companies, Promigas ranks worse than 74.16% 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. Promigas's Operating Income for the three months ended in Mar. 2026 was COP414,568 Mil. Promigas's Interest Expense for the three months ended in Mar. 2026 was COP-201,874 Mil. Promigas's interest coverage for the quarter that ended in Mar. 2026 was 2.05. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Promigas's Interest Coverage or its related term are showing as below:

BOG:PROMIGAS' s Interest Coverage Range Over the Past 10 Years
Min: 1.77   Med: 2.78   Max: 3.95
Current: 2.26


BOG:PROMIGAS's Interest Coverage is ranked worse than
74.16% of 449 companies
in the Utilities - Regulated industry
Industry Median: 3.78 vs BOG:PROMIGAS: 2.26

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


Promigas  (BOG:PROMIGAS) 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 .


Promigas Interest Coverage Related Terms


Promigas Interest Coverage Historical Data

* Premium members only.

The historical data trend for Promigas'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.

Promigas Interest Coverage Chart

Promigas Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.87 2.76 1.77 2.31 2.32

Promigas Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.28 2.41 2.42 2.17 2.05

BOG:PROMIGAS vs ATO, NI, UGI: Interest Coverage Comparison

For the Utilities - Regulated Gas subindustry, Promigas'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.


Promigas Interest Coverage vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Promigas's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Promigas's Interest Coverage falls into.


BOG:PROMIGAS
91GF Score
Promigas SA BOG:PROMIGAS
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Promigas 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.

Promigas's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Promigas's Interest Expense was COP-775,003 Mil. Its Operating Income was COP1,800,569 Mil. And its Long-Term Debt & Capital Lease Obligation was COP9,779,755 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*1800568.634/-775002.751
=2.32

Promigas's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Promigas's Interest Expense was COP-201,874 Mil. Its Operating Income was COP414,568 Mil. And its Long-Term Debt & Capital Lease Obligation was COP10,164,926 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*414568.3/-201873.99
=2.05

* 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.

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 2.05 mean?
Promigas (BOG:PROMIGAS) has a Interest Coverage of 2.05 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Promigas and its competitors. This is 26% below median its historical median of 2.78. Over the past decade, Promigas' Interest Coverage has ranged from 1.77 to 3.95. According to the industry distribution chart, Promigas ranks #333 out of 449 companies in the Utilities - Regulated industry, placing it in the top 74.2%.
Is Promigas' Interest Coverage too high?
Promigas' current Interest Coverage of 2.05 is 26% below median its 10-year median of 2.78. Over the past 10 years, this metric has ranged from a low of 1.77 to a high of 3.95. The Utilities - Regulated industry median Interest Coverage is 3.78. Promigas' value of 2.05 is 45.8% below this industry median. Based on the distribution chart, Promigas ranks #333 out of 449 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Promigas has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Promigas' Interest Coverage compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Promigas ranks #333 out of 449 companies for Interest Coverage. This places Promigas in the lower half of its industry. The industry median Interest Coverage is 3.78. Promigas' value of 2.05 is 45.8% below this benchmark. Historically, Promigas' own Interest Coverage has ranged from 1.77 to 3.95 over the past decade. While the company's 10-year median is 2.78 vs. the industry median of 3.78, Promigas 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 3.78, based on 449 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. Promigas's current Interest Coverage of 2.05 is 45.8% 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 Promigas and its competitors. For the Utilities - Regulated industry, the median Interest Coverage is 3.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Promigas's current Interest Coverage is 2.05, which is 26% below median its own 10-year median of 2.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Promigas stock overvalued right now?
Based on GuruFocus' analysis, Promigas (BOG:PROMIGAS) is currently considered Fairly Valued. The stock's GF Value™ is COP6,579.95, compared to a current price of COP6,590.00 — trading 0.2% above its estimated fair value. The current Interest Coverage is 2.05, which is 26% below median its 10-year median of 2.78 and 45.8% below the Utilities - Regulated industry median of 3.78. Promigas' overall GF Score™ is 91/100 with 7 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 Promigas (BOG:PROMIGAS), the current Interest Coverage is 2.05 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 Promigas (BOG:PROMIGAS) Overvalued in 2026?

Based on GuruFocus' analysis, Promigas stock appears to be overvalued. The current stock price of COP6,590.00 is trading 0.2% above its estimated GF Value™ of COP6,579.95. GuruFocus considers Promigas to be Fairly Valued.

Key valuation signals for BOG:PROMIGAS:

  • Interest Coverage: 2.05 (26% below median its 10-year median of 2.78)
  • GF Value™: COP6,579.95 vs. price of COP6,590.00 (0.2% above fair value)
  • GF Score™: 91/100 with 7 warning signs
  • Industry Position: 45.8% below the Utilities - Regulated median (#333 of 449)

No single metric tells the full story. See the BOG:PROMIGAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Promigas Business Description

Address Calle 66 No. 67 - 123, Barranquilla, COL
Promigas SA is engaged in the purchase, sale, transportation, distribution, exploitation and exploration of natural gas, oil and hydrocarbons in general and of gas, oil and all types of energy activities, including, but not limited to renewable, conventional and non-conventional. It can also sell or provide goods or services to third parties, either financial or non-financial, and to finance with its own resources the acquisition of goods or services by third parties. Its segments include Gas transportation, Gas distribution, Distribution and sale of gas and energy, Integrated solutions for the industry, and Non-bank financing. It derives the majority of revenue from Gas transportation segment.
91GF Score

Get the complete analysis for BOG:PROMIGAS

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

COP6,590.00
Price
COP6,579.95
GF Value