China Huarong Energy Co (FRA:XYTA) Interest Coverage: 0 (At Loss) (As of Jun. 2024)

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What is China Huarong Energy Co Interest Coverage?

China Huarong Energy Co FRA:XYTA Interest Coverage is 0 (At Loss) as of Jun. 2024.

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. China Huarong Energy Co's Operating Income for the six months ended in Jun. 2024 was €-10.66 Mil. China Huarong Energy Co's Interest Expense for the six months ended in Jun. 2024 was €-18.39 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for China Huarong Energy Co's Interest Coverage or its related term are showing as below:


FRA:XYTA's Interest Coverage is not ranked *
in the Oil & Gas industry.
Industry Median: 5.89
* 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.


China Huarong Energy Co  (FRA:XYTA) 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 .


China Huarong Energy Co Interest Coverage Related Terms


China Huarong Energy Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for China Huarong Energy Co'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.

China Huarong Energy Co Interest Coverage Chart

China Huarong Energy Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 9.38 0.00 0.00 0.00

China Huarong Energy Co Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.00 0.00 0.00 0.00 0.00

FRA:XYTA vs COP, EOG, OXY: Interest Coverage Comparison

For the Oil & Gas E&P subindustry, China Huarong Energy Co'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.


China Huarong Energy Co Interest Coverage vs Oil & Gas Industry

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

* The bar in red indicates where China Huarong Energy Co's Interest Coverage falls into.



China Huarong Energy Co 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.

China Huarong Energy Co's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, China Huarong Energy Co's Interest Expense was €-28.18 Mil. Its Operating Income was €-22.58 Mil. And its Long-Term Debt & Capital Lease Obligation was €287.14 Mil.

China Huarong Energy Co did not have earnings to cover the interest expense.

China Huarong Energy Co's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Here, for the six months ended in Jun. 2024, China Huarong Energy Co's Interest Expense was €-18.39 Mil. Its Operating Income was €-10.66 Mil. And its Long-Term Debt & Capital Lease Obligation was €297.87 Mil.

China Huarong Energy Co did not have earnings to cover the 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.

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 0 (At Loss) mean?
China Huarong Energy Co (FRA:XYTA) has a Interest Coverage of 0 (At Loss) as of Jun. 2024. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on China Huarong Energy Co and its competitors.
Is China Huarong Energy Co's Interest Coverage too high?
China Huarong Energy Co's current Interest Coverage is 0 (At Loss).
How does China Huarong Energy Co's Interest Coverage compare to COP and EOG?
China Huarong Energy Co's Interest Coverage of 0 (At Loss) can be compared against companies in the Oil & Gas industry. The industry median Interest Coverage is 5.89. 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. 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 China Huarong Energy Co 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. China Huarong Energy Co's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Huarong Energy Co stock overvalued right now?
China Huarong Energy Co (FRA:XYTA) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). 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 China Huarong Energy Co (FRA:XYTA), the current Interest Coverage is 0 (At Loss) as of Jun. 2024. 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.

China Huarong Energy Co Business Description

Industry EnergyOil & Gas
Address 50 Wing Tai Road, Room 807H, 8th Floor, Cornell Centre, Chaiwan, Hong Kong, HKG
China Huarong Energy Co Ltd is a company principally engaged in the business of energy exploration and production focusing on oil and gas-related customers and markets. Its projects include approximately four oilfields located in the Fergana Valley of the Republic of Kyrgyzstan. The company's reportable segments are; Energy exploration and production which generates revenue from sales of crude oil in Kyrgyzstan; and the Oil storage and trading segment which generates key revenue for the firm is engaged in renting its capacity in the provision of oil storage services and trading the relevant commodities in China. Geographically, the company generates a majority of its revenue from China and the rest from Kyrgyzstan.