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. NG Energy International's
Operating Income
for the
three
months ended in Mar. 2026 was $-14.97 Mil. NG Energy International's Interest Expense for the
three
months ended in Mar. 2026 was $-5.13 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 NG Energy International's Interest Coverage or its related term are showing as below:
GASXF's Interest Coverage is not ranked *
in the Oil & Gas industry.
Industry Median: 5.885 * Ranked among companies with meaningful Interest Coverage only.
NG Energy International (OTCPK:GASXF) 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 .
NG Energy International Interest Coverage Related Terms
NG Energy International Interest Coverage Historical Data
* Premium members only.
The historical data trend for NG Energy International'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.
GASXF vs COP, EOG, OXY: Interest Coverage Comparison
For the Oil & Gas E&P subindustry, NG Energy International'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.
NG Energy International Interest Coverage vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, NG Energy International's Interest Coverage distribution charts can be found below:
* The bar in red indicates where NG Energy International's Interest Coverage falls into.
NG Energy International 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:
NG Energy International 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.
What does a Interest Coverage of 0 (At Loss) mean?
NG Energy International (GASXF) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on NG Energy International and its competitors. According to the industry distribution chart, NG Energy International ranks #999999 out of 728 companies in the Oil & Gas industry.
Is NG Energy International's Interest Coverage too high?
NG Energy International's current Interest Coverage is 0 (At Loss). Based on the distribution chart, NG Energy International ranks #999999 out of 728 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, NG Energy International has a GF Score™ of 22/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NG Energy International's Interest Coverage compare to COP and EOG?
According to the Oil & Gas industry distribution chart, NG Energy International ranks #999999 out of 728 companies for Interest Coverage. This places NG Energy International in the lower half of its 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 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. 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 NG Energy International 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. NG Energy International'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 NG Energy International stock overvalued right now?
Based on GuruFocus' analysis, NG Energy International (GASXF) is currently considered Fairly Valued. The stock's GF Value™ is $0.96, compared to a current price of $1.05 — trading 9.4% above its estimated fair value. The current Interest Coverage is 0 (At Loss). NG Energy International's overall GF Score™ is 22/100 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 NG Energy International (GASXF), the current Interest Coverage is 0 (At Loss) 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 NG Energy International (GASXF) Overvalued in 2026?
Based on GuruFocus' analysis, NG Energy International stock appears to be overvalued.
The current stock price of $1.05 is trading 9.4% above its estimated GF Value™ of $0.96.
GuruFocus considers NG Energy International to be Fairly Valued.
Key valuation signals for GASXF:
Interest Coverage: 0 (At Loss)
GF Value™: $0.96 vs. price of $1.05 (9.4% above fair value)
No single metric tells the full story. See the GASXF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NG Energy International Corp is an oil and gas company. It is engaged in the business of exploration and development of oil and gas. The company derives key revenue from the sales of oil and natural gas. The company's principal oil and natural gas properties include Maria Conchita Block, SN-9 Block, Tiburon Block, and VMM39 Block in Colombia.
22GF Score
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