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. Emerald Oil Industries's
Operating Income
for the
three
months ended in Dec. 2023 was BDT15 Mil. Emerald Oil Industries's Interest Expense for the
three
months ended in Dec. 2023 was BDT-0 Mil.
Emerald Oil Industries's interest coverage for the quarter that ended in Dec. 2023 was 244.34.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Emerald Oil Industries's Interest Coverage or its related term are showing as below:
DHA:EMERALDOIL's Interest Coverage is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 8.6 * Ranked among companies with meaningful Interest Coverage only.
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 .
Emerald Oil Industries Interest Coverage Related Terms
Emerald Oil Industries Interest Coverage Historical Data
* Premium members only.
The historical data trend for Emerald Oil Industries'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.
DHA:EMERALDOIL vs KHC, GIS, K: Interest Coverage Comparison
For the Packaged Foods subindustry, Emerald Oil Industries'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.
Emerald Oil Industries Interest Coverage vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Emerald Oil Industries's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Emerald Oil Industries'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:
* 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.
Emerald Oil Industries (DHA:EMERALDOIL) has a Interest Coverage of 244.34 as of Dec. 2023. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Emerald Oil Industries and its competitors.
Is Emerald Oil Industries' Interest Coverage too high?
Emerald Oil Industries' current Interest Coverage is 244.34. The Consumer Packaged Goods industry median Interest Coverage is 8.60. Emerald Oil Industries' value of 244.34 is 2741.2% above this industry median. Overall, Emerald Oil Industries has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Emerald Oil Industries' Interest Coverage compare to KHC and GIS?
Emerald Oil Industries' Interest Coverage of 244.34 can be compared against companies in the Consumer Packaged Goods industry. The industry median Interest Coverage is 8.60. Emerald Oil Industries' value of 244.34 is 2741.2% above this benchmark. 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 a Consumer Packaged Goods company?
The median Interest Coverage among Consumer Packaged Goods companies is 8.60, based on 1,507 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. Emerald Oil Industries's current Interest Coverage of 244.34 is 2741.2% 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 Emerald Oil Industries and its competitors. For the Consumer Packaged Goods industry, the median Interest Coverage is 8.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emerald Oil Industries's current Interest Coverage is 244.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emerald Oil Industries stock overvalued right now?
Emerald Oil Industries (DHA:EMERALDOIL) has a current Interest Coverage of 244.34. The current Interest Coverage is 244.34 and 2741.2% above the Consumer Packaged Goods industry median of 8.60. Emerald Oil Industries' overall GF Score™ is 30/100. 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 Emerald Oil Industries (DHA:EMERALDOIL), the current Interest Coverage is 244.34 as of Dec. 2023. 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.
Emerald Oil Industries Ltd engages in producing of rice bran oil by processing rice bran collected from local auto rice mills. The company markets its product in its own brand name Spondon Rice Bran Oil. The company offers rice bran oil for use in preparing fried foods, snacks, margarine, salad dressings, baking goods, soaps, and skin creams. The firm also produces various by-products, including De-Oil Rice Bran, Fatty Acid, Wax, Gum and Spent Earth.
30GF Score
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