North Atlantic Energies (CEUX:NAEP) Interest Coverage: 1.82 (As of Dec. 2025) — 99% Below Median


What is North Atlantic Energies Interest Coverage?

North Atlantic Energies CEUX:NAEP 68 Interest Coverage is 1.82 as of Dec. 2025, which is 99% below its 10-year median of 209.09. GuruFocus rates CEUX:NAEP with a GF Score™ of 68/100. The stock has 5 warning signs investors should review. Among 728 Oil & Gas companies, North Atlantic Energies 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. North Atlantic Energies's Operating Income for the six months ended in Dec. 2025 was €88.10 Mil. North Atlantic Energies's Interest Expense for the six months ended in Dec. 2025 was €-48.50 Mil. North Atlantic Energies's interest coverage for the quarter that ended in Dec. 2025 was 1.82. The higher the ratio, the stronger the company's financial strength is.

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


CEUX:NAEp's Interest Coverage is not ranked *
in the Oil & Gas industry.
Industry Median: 5.84
* Ranked among companies with meaningful Interest Coverage only.

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


North Atlantic Energies  (CEUX:NAEp) 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 .


North Atlantic Energies Interest Coverage Related Terms


North Atlantic Energies Interest Coverage Historical Data

* Premium members only.

The historical data trend for North Atlantic Energies'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.

North Atlantic Energies Interest Coverage Chart

North Atlantic Energies 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 1,289.83 370.63 209.09 0.00 0.00

North Atlantic Energies 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 1,508.75 125.40 0.00 0.00 1.82

CEUX:NAEP vs VLO, MPC, PSX: Interest Coverage Comparison

For the Oil & Gas Refining & Marketing subindustry, North Atlantic Energies'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.


North Atlantic Energies Interest Coverage vs Oil & Gas Industry

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

* The bar in red indicates where North Atlantic Energies's Interest Coverage falls into.



North Atlantic Energies 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.

North Atlantic Energies'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, North Atlantic Energies's Interest Expense was €-48.50 Mil. Its Operating Income was €-8.80 Mil. And its Long-Term Debt & Capital Lease Obligation was €4.10 Mil.

North Atlantic Energies did not have earnings to cover the interest expense.

North Atlantic Energies's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the six months ended in Dec. 2025, North Atlantic Energies's Interest Expense was €-48.50 Mil. Its Operating Income was €88.10 Mil. And its Long-Term Debt & Capital Lease Obligation was €4.10 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*88.1/-48.5
=1.82

* 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 1.82 mean?
North Atlantic Energies (CEUX:NAEP) has a Interest Coverage of 1.82 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on North Atlantic Energies and its competitors. This is 99% below median its historical median of 209.09. Over the past decade, North Atlantic Energies' Interest Coverage has ranged from 50.29 to 1,289.83. According to the industry distribution chart, North Atlantic Energies ranks #999999 out of 728 companies in the Oil & Gas industry.
Is North Atlantic Energies' Interest Coverage too high?
North Atlantic Energies' current Interest Coverage of 1.82 is 99% below median its 10-year median of 209.09. Over the past 10 years, this metric has ranged from a low of 50.29 to a high of 1,289.83. The Oil & Gas industry median Interest Coverage is 5.84. North Atlantic Energies' value of 1.82 is 68.8% below this industry median. Based on the distribution chart, North Atlantic Energies ranks #999999 out of 728 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, North Atlantic Energies has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does North Atlantic Energies' Interest Coverage compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, North Atlantic Energies ranks #999999 out of 728 companies for Interest Coverage. This places North Atlantic Energies in the lower half of its industry. The industry median Interest Coverage is 5.84. North Atlantic Energies' value of 1.82 is 68.8% below this benchmark. Historically, North Atlantic Energies' own Interest Coverage has ranged from 50.29 to 1,289.83 over the past decade. While the company's 10-year median is 209.09 vs. the industry median of 5.84, North Atlantic Energies 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 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. North Atlantic Energies's current Interest Coverage of 1.82 is 68.8% 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 North Atlantic Energies 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. North Atlantic Energies's current Interest Coverage is 1.82, which is 99% below median its own 10-year median of 209.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is North Atlantic Energies stock overvalued right now?
North Atlantic Energies (CEUX:NAEP) has a current Interest Coverage of 1.82. The current Interest Coverage is 1.82, which is 99% below median its 10-year median of 209.09 and 68.8% below the Oil & Gas industry median of 5.84. North Atlantic Energies' overall GF Score™ is 68/100 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 North Atlantic Energies (CEUX:NAEP), the current Interest Coverage is 1.82 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.

North Atlantic Energies Business Description

Industry EnergyOil & Gas
Address 20 rue Paul Heroult, Nanterre, FRA, 92000
North Atlantic Energies operates within the downstream oil sector in France. The company supplies products used in various sectors of modern society and participates in efforts to reduce the carbon impact of its activities. Its offerings include: Petrol, Diesel, Heating Oil, Marine Fuels, Jet Fuels.