Independent Petroleum Group KSCP (KUW:IPG) Interest Coverage: 0.43 (As of Mar. 2026) — 30% Above Median


KUW:IPG Independent Petroleum Group KSCP KUW:IPG
33 GF Score
Price KWD0.63
GF Value KWD0.36
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Independent Petroleum Group KSCP Interest Coverage?

Independent Petroleum Group KSCP KUW:IPG 33 Interest Coverage is 0.43 as of Mar. 2026, which is 30% above its 10-year median of 0.33. GuruFocus rates KUW:IPG with a GF Score™ of 33/100 and a GF Value™ of KWD0.36 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 728 Oil & Gas companies, Independent Petroleum Group KSCP ranks worse than 137362.5% 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. Independent Petroleum Group KSCP's Operating Income for the three months ended in Mar. 2026 was KWD1.2 Mil. Independent Petroleum Group KSCP's Interest Expense for the three months ended in Mar. 2026 was KWD-2.7 Mil. Independent Petroleum Group KSCP's interest coverage for the quarter that ended in Mar. 2026 was 0.43. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Independent Petroleum Group KSCP's Interest Coverage or its related term are showing as below:


KUW:IPG's Interest Coverage is not ranked *
in the Oil & Gas industry.
Industry Median: 5.84
* 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.


Independent Petroleum Group KSCP  (KUW:IPG) 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 .


Independent Petroleum Group KSCP Interest Coverage Related Terms


Independent Petroleum Group KSCP Interest Coverage Historical Data

* Premium members only.

The historical data trend for Independent Petroleum Group KSCP'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.

Independent Petroleum Group KSCP Interest Coverage Chart

Independent Petroleum Group KSCP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 1.48 0.21 0.33 0.00

Independent Petroleum Group KSCP 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 0.00 0.19 0.00 0.00 0.43

KUW:IPG vs XOM, CVX: Interest Coverage Comparison

For the Oil & Gas Integrated subindustry, Independent Petroleum Group KSCP'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.


Independent Petroleum Group KSCP Interest Coverage vs Oil & Gas Industry

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

* The bar in red indicates where Independent Petroleum Group KSCP's Interest Coverage falls into.


KUW:IPG
33GF Score
Independent Petroleum Group KSCP KUW:IPG
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Independent Petroleum Group KSCP 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.

Independent Petroleum Group KSCP's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Independent Petroleum Group KSCP's Interest Expense was KWD-10.0 Mil. Its Operating Income was KWD-4.5 Mil. And its Long-Term Debt & Capital Lease Obligation was KWD11.0 Mil.

Independent Petroleum Group KSCP did not have earnings to cover the interest expense.

Independent Petroleum Group KSCP's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Independent Petroleum Group KSCP's Interest Expense was KWD-2.7 Mil. Its Operating Income was KWD1.2 Mil. And its Long-Term Debt & Capital Lease Obligation was KWD11.0 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*1.158/-2.668
=0.43

* 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 0.43 mean?
Independent Petroleum Group KSCP (KUW:IPG) has a Interest Coverage of 0.43 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Independent Petroleum Group KSCP and its competitors. This is 30% above median its historical median of 0.33. According to the industry distribution chart, Independent Petroleum Group KSCP ranks #999999 out of 728 companies in the Oil & Gas industry.
Is Independent Petroleum Group KSCP's Interest Coverage too high?
Independent Petroleum Group KSCP's current Interest Coverage of 0.43 is 30% above median its 10-year median of 0.33. The Oil & Gas industry median Interest Coverage is 5.84. Independent Petroleum Group KSCP's value of 0.43 is 92.6% below this industry median. Based on the distribution chart, Independent Petroleum Group KSCP ranks #999999 out of 728 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Independent Petroleum Group KSCP has a GF Score™ of 33/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Independent Petroleum Group KSCP's Interest Coverage compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Independent Petroleum Group KSCP ranks #999999 out of 728 companies for Interest Coverage. This places Independent Petroleum Group KSCP in the lower half of its industry. The industry median Interest Coverage is 5.84. Independent Petroleum Group KSCP's value of 0.43 is 92.6% below this benchmark. While the company's 10-year median is 0.33 vs. the industry median of 5.84, Independent Petroleum Group KSCP has consistently been below 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 5.84, 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. Independent Petroleum Group KSCP's current Interest Coverage of 0.43 is 92.6% below 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 Independent Petroleum Group KSCP and its competitors. For the Oil & Gas industry, the median Interest Coverage is 5.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Independent Petroleum Group KSCP's current Interest Coverage is 0.43, which is 30% above median its own 10-year median of 0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Independent Petroleum Group KSCP stock overvalued right now?
Based on GuruFocus' analysis, Independent Petroleum Group KSCP (KUW:IPG) is currently considered Significantly Overvalued. The stock's GF Value™ is KWD0.36, compared to a current price of KWD0.63 — trading 75% above its estimated fair value. The current Interest Coverage is 0.43, which is 30% above median its 10-year median of 0.33 and 92.6% below the Oil & Gas industry median of 5.84. Independent Petroleum Group KSCP's overall GF Score™ is 33/100 with 5 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 Independent Petroleum Group KSCP (KUW:IPG), the current Interest Coverage is 0.43 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 Independent Petroleum Group KSCP (KUW:IPG) Overvalued in 2026?

Based on GuruFocus' analysis, Independent Petroleum Group KSCP stock appears to be overvalued. The current stock price of KWD0.63 is trading 75% above its estimated GF Value™ of KWD0.36. GuruFocus considers Independent Petroleum Group KSCP to be Significantly Overvalued.

Key valuation signals for KUW:IPG:

  • Interest Coverage: 0.43 (30% above median its 10-year median of 0.33)
  • GF Value™: KWD0.36 vs. price of KWD0.63 (75% above fair value)
  • GF Score™: 33/100 with 5 warning signs
  • Industry Position: 92.6% below the Oil & Gas median (#999999 of 728)

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


Independent Petroleum Group KSCP Business Description

Industry EnergyOil & Gas
Address Area 1A, Street 7, 4th Ring Road, P.O. Box 24027, Building, No. 18, Jabriya, Safat, KWT, 13101
Independent Petroleum Group KSCP is engaged in the trading and marketing of crude oil, petroleum products. The trading of crude oil and petroleum products is also related to storage and distribution operations. LPG, petrochemicals, and fertilizers. In addition to this core activity, it has interests in terminals, pipelines, and shipping. The group operates in Europe, Africa and Middle East, and Asia and the Far East where Africa and the Middle East region generates maximum revenue.
33GF Score

Get the complete analysis for KUW:IPG

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

KWD0.63
Price
KWD0.36
GF Value