KDKN (Kodiak Energy) Interest Coverage: 0 (At Loss) (As of Sep. 2011)


What is Kodiak Energy Interest Coverage?

Kodiak Energy KDKN -90.00% Interest Coverage is 0 (At Loss) as of Sep. 2011.

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. Kodiak Energy's Operating Income for the three months ended in Sep. 2011 was $-0.80 Mil. Kodiak Energy's Interest Expense for the three months ended in Sep. 2011 was $-1.01 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 Kodiak Energy's Interest Coverage or its related term are showing as below:


KDKN's Interest Coverage is not ranked *
in the Oil & Gas industry.
Industry Median: 5.88
* 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.

Kodiak Energy  (OTCPK:KDKN) 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 .

Kodiak Energy Interest Coverage Related Terms

Kodiak Energy Interest Coverage Historical Data

* Premium members only.

The historical data trend for Kodiak 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.

Kodiak Energy Interest Coverage Chart

Kodiak Energy Annual Data
Trend Mar01 Mar02 Mar03 Mar04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt 0.00 0.00 0.00

Kodiak Energy Quarterly Data
Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11
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

KDKN vs CPPXF, PVAHQ: Interest Coverage Comparison

For the Oil & Gas E&P subindustry, Kodiak 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.

Kodiak Energy Interest Coverage vs Oil & Gas Industry

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

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


Kodiak 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.

Kodiak Energy's Interest Coverage for the fiscal year that ended in Dec. 2010 is calculated as

Here, for the fiscal year that ended in Dec. 2010, Kodiak Energy's Interest Expense was $-0.35 Mil. Its Operating Income was $-6.84 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Kodiak Energy did not have earnings to cover the interest expense.

Kodiak Energy's Interest Coverage for the quarter that ended in Sep. 2011 is calculated as

Here, for the three months ended in Sep. 2011, Kodiak Energy's Interest Expense was $-1.01 Mil. Its Operating Income was $-0.80 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Kodiak Energy 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?
Kodiak Energy (KDKN) has a Interest Coverage of 0 (At Loss) as of Sep. 2011. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Kodiak Energy and its competitors.
Is Kodiak Energy's Interest Coverage too high?
Kodiak Energy's current Interest Coverage is 0 (At Loss).
How does Kodiak Energy's Interest Coverage compare to CPPXF and PVAHQ?
Kodiak Energy's Interest Coverage of 0 (At Loss) can be compared against companies in the Oil & Gas industry. The industry median Interest Coverage is 5.88. 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 5.88, based on 727 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 Kodiak Energy and its competitors. For the Oil & Gas industry, the median Interest Coverage is 5.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kodiak Energy'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 Kodiak Energy stock overvalued right now?
Kodiak Energy (KDKN) 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 Kodiak Energy (KDKN), the current Interest Coverage is 0 (At Loss) as of Sep. 2011. 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.

Kodiak Energy Business Description

Industry EnergyOil & Gas
Address 833 4th Avenue SouthWest, Suite 1120, Calgary, AB, CAN, T2P 3T5
Kodiak Energy Inc is an exploration stage oil and gas company that devotes its efforts in exploring for natural resources and in acquiring properties that are prospective for petroleum and natural gas and related hydrocarbons.