Mari Energies (KAR:MARI) Interest Coverage: 19.91 (As of Mar. 2026) — 46% Below Median


KAR:MARI Mari Energies Ltd KAR:MARI
99 GF Score
Price ₨674.29
GF Value ₨519.69
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Mari Energies Interest Coverage?

Mari Energies KAR:MARI +2.25% 99 Interest Coverage is 19.91 as of Mar. 2026, which is 46% below its 10-year median of 37.12. GuruFocus rates KAR:MARI with a GF Score™ of 99/100 and a GF Value™ of ₨519.69 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 731 Oil & Gas companies, Mari Energies ranks better than 73.6% 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. Mari Energies's Operating Income for the three months ended in Mar. 2026 was ₨19,837 Mil. Mari Energies's Interest Expense for the three months ended in Mar. 2026 was ₨-996 Mil. Mari Energies's interest coverage for the quarter that ended in Mar. 2026 was 19.91. The higher the ratio, the stronger the company's financial strength is.

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

KAR:MARI' s Interest Coverage Range Over the Past 10 Years
Min: 9.23   Med: 37.12   Max: 52.3
Current: 20.54


KAR:MARI's Interest Coverage is ranked better than
73.6% of 731 companies
in the Oil & Gas industry
Industry Median: 5.89 vs KAR:MARI: 20.54

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


Mari Energies  (KAR:MARI) 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 .


Mari Energies Interest Coverage Related Terms


Mari Energies Interest Coverage Historical Data

* Premium members only.

The historical data trend for Mari Energies'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.

Mari Energies Interest Coverage Chart

Mari Energies Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.63 52.30 44.99 36.67 23.07

Mari Energies 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 24.03 20.54 22.65 19.08 19.91

KAR:MARI vs COP, EOG, FANG: Interest Coverage Comparison

For the Oil & Gas E&P subindustry, Mari Energies'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.


Mari Energies Interest Coverage vs Oil & Gas Industry

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

* The bar in red indicates where Mari Energies's Interest Coverage falls into.


KAR:MARI
99GF Score
Mari Energies Ltd KAR:MARI
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mari Energies 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.

Mari Energies's Interest Coverage for the fiscal year that ended in Jun. 2025 is calculated as

Here, for the fiscal year that ended in Jun. 2025, Mari Energies's Interest Expense was ₨-3,474 Mil. Its Operating Income was ₨80,151 Mil. And its Long-Term Debt & Capital Lease Obligation was ₨6,823 Mil.

Interest Coverage=-1* Operating Income (A: Jun. 2025 )/Interest Expense (A: Jun. 2025 )
=-1*80151.399/-3473.606
=23.07

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

Here, for the three months ended in Mar. 2026, Mari Energies's Interest Expense was ₨-996 Mil. Its Operating Income was ₨19,837 Mil. And its Long-Term Debt & Capital Lease Obligation was ₨12,620 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*19836.634/-996.337
=19.91

* 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 19.91 mean?
Mari Energies (KAR:MARI) has a Interest Coverage of 19.91 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Mari Energies and its competitors. This is 46% below median its historical median of 37.12. Over the past decade, Mari Energies' Interest Coverage has ranged from 9.23 to 52.30. According to the industry distribution chart, Mari Energies ranks #193 out of 731 companies in the Oil & Gas industry, placing it in the top 26.4%.
Is Mari Energies' Interest Coverage too high?
Mari Energies' current Interest Coverage of 19.91 is 46% below median its 10-year median of 37.12. Over the past 10 years, this metric has ranged from a low of 9.23 to a high of 52.30. The Oil & Gas industry median Interest Coverage is 5.89. Mari Energies' value of 19.91 is 238% above this industry median. Based on the distribution chart, Mari Energies ranks #193 out of 731 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Mari Energies has a GF Score™ of 99/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mari Energies' Interest Coverage compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Mari Energies ranks #193 out of 731 companies for Interest Coverage. This puts Mari Energies in the upper half of its industry. The industry median Interest Coverage is 5.89. Mari Energies' value of 19.91 is 238% above this benchmark. Historically, Mari Energies' own Interest Coverage has ranged from 9.23 to 52.30 over the past decade. While the company's 10-year median is 37.12 vs. the industry median of 5.89, Mari Energies 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. Mari Energies's current Interest Coverage of 19.91 is 238% 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 Mari Energies 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. Mari Energies's current Interest Coverage is 19.91, which is 46% below median its own 10-year median of 37.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mari Energies stock overvalued right now?
Based on GuruFocus' analysis, Mari Energies (KAR:MARI) is currently considered Modestly Overvalued. The stock's GF Value™ is ₨519.69, compared to a current price of ₨674.29 — trading 29.7% above its estimated fair value. The current Interest Coverage is 19.91, which is 46% below median its 10-year median of 37.12 and 238% above the Oil & Gas industry median of 5.89. Mari Energies' overall GF Score™ is 99/100 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 Mari Energies (KAR:MARI), the current Interest Coverage is 19.91 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 Mari Energies (KAR:MARI) Overvalued in 2026?

Based on GuruFocus' analysis, Mari Energies stock appears to be overvalued. The current stock price of ₨674.29 is trading 29.7% above its estimated GF Value™ of ₨519.69. GuruFocus considers Mari Energies to be Modestly Overvalued.

Key valuation signals for KAR:MARI:

  • Interest Coverage: 19.91 (46% below median its 10-year median of 37.12)
  • GF Value™: ₨519.69 vs. price of ₨674.29 (29.7% above fair value)
  • GF Score™: 99/100 with 4 warning signs
  • Industry Position: 238% above the Oil & Gas median (#193 of 731)

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


Mari Energies Business Description

Industry EnergyOil & Gas
Address 21, Mauve Area, 3rd Road, G-10/4, P.O. Box 1614, Islamabad, PB, PAK, 44000
Mari Energies Ltd, through its Holding Company, is principally engaged in exploration, production, and sale of hydrocarbons. Additionally, the Group, through its subsidiaries, is principally engaged in mineral mining activities and the establishment and running of data centers, cloud computing, artificial intelligence, and other new technologies.
99GF Score

Get the complete analysis for KAR:MARI

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

₨674.29
Price
₨519.69
GF Value