Afriquia Gaz (CAS:GAZ) Interest Coverage: 12.40 (As of Dec. 2025) — 22% Above Median


CAS:GAZ Afriquia Gaz CAS:GAZ
82 GF Score
Price MAD3,675.00
GF Value MAD4,371.79
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Afriquia Gaz Interest Coverage?

Afriquia Gaz CAS:GAZ 82 Interest Coverage is 12.40 as of Dec. 2025, which is 22% above its 10-year median of 10.17. GuruFocus rates CAS:GAZ with a GF Score™ of 82/100 and a GF Value™ of MAD4,371.79 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 728 Oil & Gas companies, Afriquia Gaz ranks better than 62.36% 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. Afriquia Gaz's Operating Income for the six months ended in Dec. 2025 was MAD600 Mil. Afriquia Gaz's Interest Expense for the six months ended in Dec. 2025 was MAD-48 Mil. Afriquia Gaz's interest coverage for the quarter that ended in Dec. 2025 was 12.40. The higher the ratio, the stronger the company's financial strength is.

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

CAS:GAZ' s Interest Coverage Range Over the Past 10 Years
Min: 7.2   Med: 10.17   Max: 18.87
Current: 9.83


CAS:GAZ's Interest Coverage is ranked better than
62.36% of 728 companies
in the Oil & Gas industry
Industry Median: 5.84 vs CAS:GAZ: 9.83

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


Afriquia Gaz  (CAS:GAZ) 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 .


Afriquia Gaz Interest Coverage Related Terms


Afriquia Gaz Interest Coverage Historical Data

* Premium members only.

The historical data trend for Afriquia Gaz'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.

Afriquia Gaz Interest Coverage Chart

Afriquia Gaz 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 9.24 8.27 7.20 8.72 9.83

Afriquia Gaz Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 6.97 9.18 8.36 8.07 12.40

CAS:GAZ vs VLO, MPC, PSX: Interest Coverage Comparison

For the Oil & Gas Refining & Marketing subindustry, Afriquia Gaz'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.


Afriquia Gaz Interest Coverage vs Oil & Gas Industry

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

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


CAS:GAZ
82GF Score
Afriquia Gaz CAS:GAZ
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Afriquia Gaz 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.

Afriquia Gaz'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, Afriquia Gaz's Interest Expense was MAD-119 Mil. Its Operating Income was MAD1,168 Mil. And its Long-Term Debt & Capital Lease Obligation was MAD1,062 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*1167.933/-118.804
=9.83

Afriquia Gaz's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the six months ended in Dec. 2025, Afriquia Gaz's Interest Expense was MAD-48 Mil. Its Operating Income was MAD600 Mil. And its Long-Term Debt & Capital Lease Obligation was MAD1,062 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*599.969/-48.387
=12.40

* 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 12.40 mean?
Afriquia Gaz (CAS:GAZ) has a Interest Coverage of 12.40 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Afriquia Gaz and its competitors. This is 22% above median its historical median of 10.17. Over the past decade, Afriquia Gaz's Interest Coverage has ranged from 7.20 to 18.87. According to the industry distribution chart, Afriquia Gaz ranks #274 out of 728 companies in the Oil & Gas industry, placing it in the top 37.6%.
Is Afriquia Gaz's Interest Coverage too high?
Afriquia Gaz's current Interest Coverage of 12.40 is 22% above median its 10-year median of 10.17. Over the past 10 years, this metric has ranged from a low of 7.20 to a high of 18.87. The Oil & Gas industry median Interest Coverage is 5.84. Afriquia Gaz's value of 12.40 is 112.3% above this industry median. Based on the distribution chart, Afriquia Gaz ranks #274 out of 728 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Afriquia Gaz has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Afriquia Gaz's Interest Coverage compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Afriquia Gaz ranks #274 out of 728 companies for Interest Coverage. This puts Afriquia Gaz in the upper half of its industry. The industry median Interest Coverage is 5.84. Afriquia Gaz's value of 12.40 is 112.3% above this benchmark. Historically, Afriquia Gaz's own Interest Coverage has ranged from 7.20 to 18.87 over the past decade. While the company's 10-year median is 10.17 vs. the industry median of 5.84, Afriquia Gaz 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 5.84, 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. Afriquia Gaz's current Interest Coverage of 12.40 is 112.3% 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 Afriquia Gaz and its competitors. For the Oil & Gas industry, the median Interest Coverage is 5.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Afriquia Gaz's current Interest Coverage is 12.40, which is 22% above median its own 10-year median of 10.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Afriquia Gaz stock overvalued right now?
Based on GuruFocus' analysis, Afriquia Gaz (CAS:GAZ) is currently considered Modestly Undervalued. The stock's GF Value™ is MAD4,371.79, compared to a current price of MAD3,675.00 — trading 15.9% below its estimated fair value. The current Interest Coverage is 12.40, which is 22% above median its 10-year median of 10.17 and 112.3% above the Oil & Gas industry median of 5.84. Afriquia Gaz's overall GF Score™ is 82/100 with 5 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 Afriquia Gaz (CAS:GAZ), the current Interest Coverage is 12.40 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.

Is Afriquia Gaz (CAS:GAZ) Overvalued in 2026?

Based on GuruFocus' analysis, Afriquia Gaz stock appears to be undervalued. The current stock price of MAD3,675.00 is trading 15.9% below its estimated GF Value™ of MAD4,371.79. GuruFocus considers Afriquia Gaz to be Modestly Undervalued.

Key valuation signals for CAS:GAZ:

  • Interest Coverage: 12.40 (22% above median its 10-year median of 10.17)
  • GF Value™: MAD4,371.79 vs. price of MAD3,675.00 (15.9% below fair value)
  • GF Score™: 82/100 with 5 warning signs
  • Industry Position: 112.3% above the Oil & Gas median (#274 of 728)

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


Afriquia Gaz Business Description

Industry EnergyOil & Gas
Address 139 Boulevard Moulay Ismail, Casablanca, MAR, 20700
Afriquia Gaz is a Morocco-based company engaged in the business of distributing liquefied petroleum gas (LPG) such as butane, propane and its by-products. The company is also involved in the import, export, trade, refining, storage, stocking, transportation, deposit and administration of LPG. It markets its products under five brands namely Afriquia Gaz, Tissir Gaz, Campingaz, Ultragaz and National Gaz.
82GF Score

Get the complete analysis for CAS:GAZ

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

MAD3,675.00
Price
MAD4,371.79
GF Value