CVO Petrochemical Refinery (DHA:CVOPRL) Interest Coverage: 23.66 (As of Mar. 2026) — 269% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

DHA:CVOPRL CVO Petrochemical Refinery PLC DHA:CVOPRL
63 GF Score
Price BDT180.80
GF Value BDT192.23
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is CVO Petrochemical Refinery Interest Coverage?

CVO Petrochemical Refinery DHA:CVOPRL +2.96% 63 Interest Coverage is 23.66 as of Mar. 2026, which is 269% above its 10-year median of 6.41. GuruFocus rates DHA:CVOPRL with a GF Score™ of 63/100 and a GF Value™ of BDT192.23 (Fairly Valued). The stock has 3 warning signs investors should review. Among 730 Oil & Gas companies, CVO Petrochemical Refinery ranks better than 74.38% 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. CVO Petrochemical Refinery's Operating Income for the three months ended in Mar. 2026 was BDT47 Mil. CVO Petrochemical Refinery's Interest Expense for the three months ended in Mar. 2026 was BDT-2 Mil. CVO Petrochemical Refinery's interest coverage for the quarter that ended in Mar. 2026 was 23.66. The higher the ratio, the stronger the company's financial strength is.

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

DHA:CVOPRL' s Interest Coverage Range Over the Past 10 Years
Min: 0.96   Med: 6.41   Max: No Debt
Current: 22.36


DHA:CVOPRL's Interest Coverage is ranked better than
74.38% of 730 companies
in the Oil & Gas industry
Industry Median: 5.89 vs DHA:CVOPRL: 22.36

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


CVO Petrochemical Refinery  (DHA:CVOPRL) 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 .


CVO Petrochemical Refinery Interest Coverage Related Terms


CVO Petrochemical Refinery Interest Coverage Historical Data

* Premium members only.

The historical data trend for CVO Petrochemical Refinery'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.

CVO Petrochemical Refinery Interest Coverage Chart

CVO Petrochemical Refinery Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 1.63 3.87 6.41

CVO Petrochemical Refinery 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 6.34 7.44 37.05 71.95 23.66

DHA:CVOPRL vs VLO, MPC, PSX: Interest Coverage Comparison

For the Oil & Gas Refining & Marketing subindustry, CVO Petrochemical Refinery'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.


CVO Petrochemical Refinery Interest Coverage vs Oil & Gas Industry

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

* The bar in red indicates where CVO Petrochemical Refinery's Interest Coverage falls into.


DHA:CVOPRL
63GF Score
CVO Petrochemical Refinery PLC DHA:CVOPRL
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CVO Petrochemical Refinery 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.

CVO Petrochemical Refinery's Interest Coverage for the fiscal year that ended in Jun. 2025 is calculated as

Here, for the fiscal year that ended in Jun. 2025, CVO Petrochemical Refinery's Interest Expense was BDT-21 Mil. Its Operating Income was BDT137 Mil. And its Long-Term Debt & Capital Lease Obligation was BDT0 Mil.

Interest Coverage=-1* Operating Income (A: Jun. 2025 )/Interest Expense (A: Jun. 2025 )
=-1*137.179/-21.417
=6.41

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

Here, for the three months ended in Mar. 2026, CVO Petrochemical Refinery's Interest Expense was BDT-2 Mil. Its Operating Income was BDT47 Mil. And its Long-Term Debt & Capital Lease Obligation was BDT9 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*46.925/-1.983
=23.66

* 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 23.66 mean?
CVO Petrochemical Refinery (DHA:CVOPRL) has a Interest Coverage of 23.66 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on CVO Petrochemical Refinery and its competitors. This is 269% above median its historical median of 6.41. Over the past decade, CVO Petrochemical Refinery's Interest Coverage has ranged from 0.96 to 10,000.00. According to the industry distribution chart, CVO Petrochemical Refinery ranks #187 out of 730 companies in the Oil & Gas industry, placing it in the top 25.6%.
Is CVO Petrochemical Refinery's Interest Coverage too high?
CVO Petrochemical Refinery's current Interest Coverage of 23.66 is 269% above median its 10-year median of 6.41. Over the past 10 years, this metric has ranged from a low of 0.96 to a high of 10,000.00. The Oil & Gas industry median Interest Coverage is 5.89. CVO Petrochemical Refinery's value of 23.66 is 301.7% above this industry median. Based on the distribution chart, CVO Petrochemical Refinery ranks #187 out of 730 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, CVO Petrochemical Refinery has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CVO Petrochemical Refinery's Interest Coverage compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, CVO Petrochemical Refinery ranks #187 out of 730 companies for Interest Coverage. This puts CVO Petrochemical Refinery in the upper half of its industry. The industry median Interest Coverage is 5.89. CVO Petrochemical Refinery's value of 23.66 is 301.7% above this benchmark. Historically, CVO Petrochemical Refinery's own Interest Coverage has ranged from 0.96 to 10,000.00 over the past decade. While the company's 10-year median is 6.41 vs. the industry median of 5.89, CVO Petrochemical Refinery 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 730 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. CVO Petrochemical Refinery's current Interest Coverage of 23.66 is 301.7% 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 CVO Petrochemical Refinery 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. CVO Petrochemical Refinery's current Interest Coverage is 23.66, which is 269% above median its own 10-year median of 6.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CVO Petrochemical Refinery stock overvalued right now?
Based on GuruFocus' analysis, CVO Petrochemical Refinery (DHA:CVOPRL) is currently considered Fairly Valued. The stock's GF Value™ is BDT192.23, compared to a current price of BDT180.80 — trading 5.9% below its estimated fair value. The current Interest Coverage is 23.66, which is 269% above median its 10-year median of 6.41 and 301.7% above the Oil & Gas industry median of 5.89. CVO Petrochemical Refinery's overall GF Score™ is 63/100 with 3 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 CVO Petrochemical Refinery (DHA:CVOPRL), the current Interest Coverage is 23.66 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 CVO Petrochemical Refinery (DHA:CVOPRL) Overvalued in 2026?

Based on GuruFocus' analysis, CVO Petrochemical Refinery stock appears to be undervalued. The current stock price of BDT180.80 is trading 5.9% below its estimated GF Value™ of BDT192.23. GuruFocus considers CVO Petrochemical Refinery to be Fairly Valued.

Key valuation signals for DHA:CVOPRL:

  • Interest Coverage: 23.66 (269% above median its 10-year median of 6.41)
  • GF Value™: BDT192.23 vs. price of BDT180.80 (5.9% below fair value)
  • GF Score™: 63/100 with 3 warning signs
  • Industry Position: 301.7% above the Oil & Gas median (#187 of 730)

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


CVO Petrochemical Refinery Business Description

Industry EnergyOil & Gas
Address 37, Katalgonj, Panchlaish, Chattogram, BGD
CVO Petrochemical Refinery PLC is a petrochemical company. It is engaged in the production and sale of Hydrocarbon Solvent with the use of new raw material Naphtha and also supplies fuels like Motor Spirit (MS), Mineral Turpentine (MTT), HSD (High-Speed Diesel) which it produces from Natural Gas Condensate.
63GF Score

Get the complete analysis for DHA:CVOPRL

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

BDT180.80
Price
BDT192.23
GF Value