Indonesia Energy (Indonesia Energy) Interest Coverage : N/A (As of Dec. 2023)

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What is Indonesia Energy Interest Coverage?

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. Indonesia Energy's Operating Income for the six months ended in Dec. 2023 was $-1.61 Mil. Indonesia Energy's Interest Expense for the six months ended in Dec. 2023 was $0.00 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

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

INDO's Interest Coverage is not ranked ^*
in the Oil & Gas industry.
Industry Median: 6.64
* 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.

Indonesia Energy Interest Coverage Historical Data

The historical data trend for Indonesia Energy'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.

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Indonesia Energy Interest Coverage Chart

Indonesia Energy Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

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N/A

Indonesia Energy Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Coverage	Get a 7-Day Free Trial								N/A	N/A	N/A	N/A	N/A

Competitive Comparison of Indonesia Energy's Interest Coverage

For the Oil & Gas E&P subindustry, Indonesia Energy'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.

Indonesia Energy's Interest Coverage Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Indonesia Energy's Interest Coverage falls into.

Indonesia Energy 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.

Indonesia Energy'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, Indonesia Energy's Interest Expense was $0.00 Mil. Its Operating Income was $-3.56 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.47 Mil.

GuruFocus does not calculate Indonesia Energy's interest coverage with the available data.

Indonesia Energy's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, Indonesia Energy's Interest Expense was $0.00 Mil. Its Operating Income was $-1.61 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.47 Mil.

GuruFocus does not calculate Indonesia Energy's interest coverage with the available data.

The higher the ratio, the stronger the company's Financial Strength is.

Indonesia Energy (AMEX:INDO) 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 .

Indonesia Energy Interest Coverage Related Terms

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Indonesia Energy (Indonesia Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Indonesia Energy Corp Ltd (AMEX:INDO) » Definitions » Interest Coverage

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Address

Jalan Raya Pasar Minggu No. 17A, Gedung Graha Anugerah, Kelurahan Pancoran, Kecamatan Pancoran, Jakarta Selatan, Jakarta, IDN, 12780

Website

https://www.indo-energy.com

Indonesia Energy Corp Ltd is an oil and gas exploration and production company focused on Indonesia. Its portfolio consists of Kruh Block and Citarum Block. The company generates its revenue from oil and gas sales.