GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » NATURELGAZ SANAYI VE TICARET AS (IST:NTGAZ) » Definitions » Interest Coverage

NATURELGAZNAYI VE TICARET AS (IST:NTGAZ) Interest Coverage : 36.60 (As of Mar. 2025)


View and export this data going back to 2021. Start your Free Trial

What is NATURELGAZNAYI VE TICARET AS 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. NATURELGAZNAYI VE TICARET AS's Operating Income for the three months ended in Mar. 2025 was ₺545 Mil. NATURELGAZNAYI VE TICARET AS's Interest Expense for the three months ended in Mar. 2025 was ₺-15 Mil. NATURELGAZNAYI VE TICARET AS's interest coverage for the quarter that ended in Mar. 2025 was 36.60. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for NATURELGAZNAYI VE TICARET AS's Interest Coverage or its related term are showing as below:

IST:NTGAZ' s Interest Coverage Range Over the Past 10 Years
Min: 0.89   Med: 4.88   Max: 35.38
Current: 19.38


IST:NTGAZ's Interest Coverage is ranked better than
73.19% of 720 companies
in the Oil & Gas industry
Industry Median: 5.695 vs IST:NTGAZ: 19.38

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


NATURELGAZNAYI VE TICARET AS Interest Coverage Historical Data

The historical data trend for NATURELGAZNAYI VE TICARET AS'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.

* Premium members only.

NATURELGAZNAYI VE TICARET AS Interest Coverage Chart

NATURELGAZNAYI VE TICARET AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial 4.88 4.78 35.38 17.95 17.05

NATURELGAZNAYI VE TICARET AS Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 65.38 0.25 9.45 45.48 36.60

Competitive Comparison of NATURELGAZNAYI VE TICARET AS's Interest Coverage

For the Oil & Gas Midstream subindustry, NATURELGAZNAYI VE TICARET AS'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.


NATURELGAZNAYI VE TICARET AS's Interest Coverage Distribution in the Oil & Gas Industry

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

* The bar in red indicates where NATURELGAZNAYI VE TICARET AS's Interest Coverage falls into.


;
;

NATURELGAZNAYI VE TICARET AS 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.

NATURELGAZNAYI VE TICARET AS's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, NATURELGAZNAYI VE TICARET AS's Interest Expense was ₺-45 Mil. Its Operating Income was ₺763 Mil. And its Long-Term Debt & Capital Lease Obligation was ₺192 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*763.435/-44.777
=17.05

NATURELGAZNAYI VE TICARET AS's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, NATURELGAZNAYI VE TICARET AS's Interest Expense was ₺-15 Mil. Its Operating Income was ₺545 Mil. And its Long-Term Debt & Capital Lease Obligation was ₺184 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*545.251/-14.898
=36.60

* 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.


NATURELGAZNAYI VE TICARET AS  (IST:NTGAZ) 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 .


NATURELGAZNAYI VE TICARET AS Interest Coverage Related Terms

Thank you for viewing the detailed overview of NATURELGAZNAYI VE TICARET AS's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


NATURELGAZNAYI VE TICARET AS Business Description

Traded in Other Exchanges
N/A
Address
Esentepe Mah. Buyukdere Cad., 193 Apt Blok No: 193 No: 2, Sisli, Istanbul, TUR, 34394
NATURELGAZ SANAYI VE TICARET AS operates in the natural gas sector. It supplies natural gas to its customers such as factories operating in different sectors such as chemistry, metal, food, mining, construction materials, power generation facilities, hotels, asphalt production facilities, and public institutions that use for heating purposes. It carries out the operations of transporting the gas to the transmission system through the CNG system in natural gas wells that have natural gas reserves but are not economically or geographically possible to connect pipelines.

NATURELGAZNAYI VE TICARET AS Headlines

No Headlines