DTNOF (DNO ASA) Interest Coverage: 11.02 (As of Mar. 2026) — 203% Above Median


DTNOF DNO ASA DTNOF
79 GF Score
Price $1.77
GF Value $3.25
Valuation Possible Value Trap
! 4 Warning Signs
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What is DNO ASA Interest Coverage?

DNO ASA DTNOF 79 Interest Coverage is 11.02 as of Mar. 2026, which is 203% above its 10-year median of 3.64. GuruFocus rates DTNOF with a GF Score™ of 79/100 and a GF Value™ of $3.25 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 731 Oil & Gas companies, DNO ASA ranks worse than 53.76% 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. DNO ASA's Operating Income for the three months ended in Mar. 2026 was $280 Mil. DNO ASA's Interest Expense for the three months ended in Mar. 2026 was $-25 Mil. DNO ASA's interest coverage for the quarter that ended in Mar. 2026 was 11.02. The higher the ratio, the stronger the company's financial strength is.

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

DTNOF' s Interest Coverage Range Over the Past 10 Years
Min: 1   Med: 3.64   Max: 17.29
Current: 4.92


DTNOF's Interest Coverage is ranked worse than
53.76% of 731 companies
in the Oil & Gas industry
Industry Median: 5.89 vs DTNOF: 4.92

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


DNO ASA  (OTCPK:DTNOF) 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 .


DNO ASA Interest Coverage Related Terms


DNO ASA Interest Coverage Historical Data

* Premium members only.

The historical data trend for DNO ASA'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.

DNO ASA Interest Coverage Chart

DNO ASA 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 5.40 10.92 3.64 2.03 3.43

DNO ASA 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 1.00 2.16 3.58 8.69 11.02

DTNOF vs COP, EOG, OXY: Interest Coverage Comparison

For the Oil & Gas E&P subindustry, DNO ASA'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.


DNO ASA Interest Coverage vs Oil & Gas Industry

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

* The bar in red indicates where DNO ASA's Interest Coverage falls into.


DTNOF
79GF Score
DNO ASA DTNOF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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DNO ASA 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.

DNO ASA'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, DNO ASA's Interest Expense was $-126 Mil. Its Operating Income was $432 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,011 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*432.3/-126.2
=3.43

DNO ASA's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, DNO ASA's Interest Expense was $-25 Mil. Its Operating Income was $280 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,021 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*280/-25.4
=11.02

* 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 11.02 mean?
DNO ASA (DTNOF) has a Interest Coverage of 11.02 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on DNO ASA and its competitors. This is 203% above median its historical median of 3.64. Over the past decade, DNO ASA's Interest Coverage has ranged from 1.00 to 17.29. According to the industry distribution chart, DNO ASA ranks #393 out of 731 companies in the Oil & Gas industry, placing it in the top 53.8%.
Is DNO ASA's Interest Coverage too high?
DNO ASA's current Interest Coverage of 11.02 is 203% above median its 10-year median of 3.64. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 17.29. The Oil & Gas industry median Interest Coverage is 5.89. DNO ASA's value of 11.02 is 87.1% above this industry median. Based on the distribution chart, DNO ASA ranks #393 out of 731 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, DNO ASA has a GF Score™ of 79/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does DNO ASA's Interest Coverage compare to COP and EOG?
According to the Oil & Gas industry distribution chart, DNO ASA ranks #393 out of 731 companies for Interest Coverage. This places DNO ASA in the lower half of its industry. The industry median Interest Coverage is 5.89. DNO ASA's value of 11.02 is 87.1% above this benchmark. Historically, DNO ASA's own Interest Coverage has ranged from 1.00 to 17.29 over the past decade. While the company's 10-year median is 3.64 vs. the industry median of 5.89, DNO ASA 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 731 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. DNO ASA's current Interest Coverage of 11.02 is 87.1% 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 DNO ASA 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. DNO ASA's current Interest Coverage is 11.02, which is 203% above median its own 10-year median of 3.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DNO ASA stock overvalued right now?
Based on GuruFocus' analysis, DNO ASA (DTNOF) is currently considered Possible Value Trap. The stock's GF Value™ is $3.25, compared to a current price of $1.77 — trading 45.4% below its estimated fair value. The current Interest Coverage is 11.02, which is 203% above median its 10-year median of 3.64 and 87.1% above the Oil & Gas industry median of 5.89. DNO ASA's overall GF Score™ is 79/100 with 4 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 DNO ASA (DTNOF), the current Interest Coverage is 11.02 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 DNO ASA (DTNOF) Overvalued in 2026?

Based on GuruFocus' analysis, DNO ASA stock appears to be undervalued. The current stock price of $1.77 is trading 45.4% below its estimated GF Value™ of $3.25. GuruFocus considers DNO ASA to be Possible Value Trap.

Key valuation signals for DTNOF:

  • Interest Coverage: 11.02 (203% above median its 10-year median of 3.64)
  • GF Value™: $3.25 vs. price of $1.77 (45.4% below fair value)
  • GF Score™: 79/100 with 4 warning signs
  • Industry Position: 87.1% above the Oil & Gas median (#393 of 731)

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


DNO ASA Business Description

Industry EnergyOil & Gas
Address Dokkveien 1, Aker Brygge, Oslo, NOR, 0250
DNO ASA is an oil and gas exploration and production company. Its producing assets are located across the North Sea, which generates the majority of the revenue, Kurdistan, and West Africa. The company holds working interests in both onshore and offshore fields and operates as either the sole operator or partner in many of its facilities. The company generates a majority of its revenue from the sale of oil and the rest from tariff income, the sale of gas, and natural gas liquids.
79GF Score

Get the complete analysis for DTNOF

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

$1.77
Price
$3.25
GF Value