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. Oil Country Tubular's
Operating Income
for the
three
months ended in Mar. 2026 was ₹-154.7 Mil. Oil Country Tubular's Interest Expense for the
three
months ended in Mar. 2026 was ₹-1.6 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 Oil Country Tubular's Interest Coverage or its related term are showing as below:
BOM:500313's Interest Coverage is not ranked *
in the Oil & Gas industry.
Industry Median: 5.88 * Ranked among companies with meaningful Interest Coverage only.
Oil Country Tubular (BOM:500313) 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 .
Oil Country Tubular Interest Coverage Related Terms
Oil Country Tubular Interest Coverage Historical Data
* Premium members only.
The historical data trend for Oil Country Tubular'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.
BOM:500313 vs SLB, BKR, HAL: Interest Coverage Comparison
For the Oil & Gas Equipment & Services subindustry, Oil Country Tubular'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.
Oil Country Tubular Interest Coverage vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Oil Country Tubular's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Oil Country Tubular'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:
Oil Country Tubular 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?
Oil Country Tubular (BOM:500313) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Oil Country Tubular and its competitors. According to the industry distribution chart, Oil Country Tubular ranks #999999 out of 727 companies in the Oil & Gas industry.
Is Oil Country Tubular's Interest Coverage too high?
Oil Country Tubular's current Interest Coverage is 0 (At Loss). Based on the distribution chart, Oil Country Tubular ranks #999999 out of 727 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Oil Country Tubular has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Oil Country Tubular's Interest Coverage compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Oil Country Tubular ranks #999999 out of 727 companies for Interest Coverage. This places Oil Country Tubular in the lower half of its industry. The industry median Interest Coverage is 5.88. 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 5.88, based on 727 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 Oil Country Tubular and its competitors. For the Oil & Gas industry, the median Interest Coverage is 5.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oil Country Tubular'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 Oil Country Tubular stock overvalued right now?
Based on GuruFocus' analysis, Oil Country Tubular (BOM:500313) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹71.53, compared to a current price of ₹58.31 — trading 18.5% below its estimated fair value. The current Interest Coverage is 0 (At Loss). Oil Country Tubular's overall GF Score™ is 59/100 with 2 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 Oil Country Tubular (BOM:500313), the current Interest Coverage is 0 (At Loss) 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 Oil Country Tubular (BOM:500313) Overvalued in 2026?
Based on GuruFocus' analysis, Oil Country Tubular stock appears to be undervalued.
The current stock price of ₹58.31 is trading 18.5% below its estimated GF Value™ of ₹71.53.
GuruFocus considers Oil Country Tubular to be Modestly Undervalued.
Key valuation signals for BOM:500313:
Interest Coverage: 0 (At Loss)
GF Value™: ₹71.53 vs. price of ₹58.31 (18.5% below fair value)
No single metric tells the full story. See the BOM:500313 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Oil Country Tubular Ltd is an Indian firm. It is engaged in the business of manufacturing of Casing, Tubing, and Drill Pipe which are used in the Oil and Gas Sector for the drilling and exploration of Oil and Gas. Its product and service offerings are Drill Pipe, Heavy Weight Drill Pipe, Drill Collars, Kellys, Internal Plastic Coating of Drill Pipe and Tubing, and Field Inspection of Tubulars. It serves domestically and exports to Indonesia. It generates maximum revenue by providing OCTG services.
59GF Score
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