National Petroleum Services Co KSC (KUW:NAPESCO) Interest Coverage : 1,999.00 (As of Mar. 2025)

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What is National Petroleum Services Co KSC 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. National Petroleum Services Co KSC's Operating Income for the three months ended in Mar. 2025 was KWD4.00 Mil. National Petroleum Services Co KSC's Interest Expense for the three months ended in Mar. 2025 was KWD-0.00 Mil. National Petroleum Services Co KSC's interest coverage for the quarter that ended in Mar. 2025 was 1,999.00. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. National Petroleum Services Co KSC has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for National Petroleum Services Co KSC's Interest Coverage or its related term are showing as below:

KUW:NAPESCO' s Interest Coverage Range Over the Past 10 Years
Min: 136.02 Med: 662.21 Max: No Debt
Current: 1462.63

KUW:NAPESCO's Interest Coverage is ranked better than
88.83% of 716 companies
in the Oil & Gas industry
Industry Median: 5.935 vs KUW:NAPESCO: 1462.63

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

National Petroleum Services Co KSC Interest Coverage Historical Data

The historical data trend for National Petroleum Services Co KSC'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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National Petroleum Services Co KSC Interest Coverage Chart

National Petroleum Services Co KSC Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Coverage

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136.02

205.52

207.59

379.81

944.60

National Petroleum Services Co KSC 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															436.00	681.33	1,378.00	2,903.00	1,999.00

Competitive Comparison of National Petroleum Services Co KSC's Interest Coverage

For the Oil & Gas Equipment & Services subindustry, National Petroleum Services Co KSC'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.

National Petroleum Services Co KSC's Interest Coverage Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, National Petroleum Services Co KSC's Interest Coverage distribution charts can be found below:

* The bar in red indicates where National Petroleum Services Co KSC's Interest Coverage falls into.

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National Petroleum Services Co KSC 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.

National Petroleum Services Co KSC'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, National Petroleum Services Co KSC's Interest Expense was KWD-0.01 Mil. Its Operating Income was KWD9.45 Mil. And its Long-Term Debt & Capital Lease Obligation was KWD0.00 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2024 )	/	Interest Expense (A: Dec. 2024 )
	=	-1	*	9.446	/	-0.01
	=	944.60

National Petroleum Services Co KSC's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, National Petroleum Services Co KSC's Interest Expense was KWD-0.00 Mil. Its Operating Income was KWD4.00 Mil. And its Long-Term Debt & Capital Lease Obligation was KWD0.10 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2025 )	/	Interest Expense (Q: Mar. 2025 )
	=	-1	*	3.998	/	-0.002
	=	1,999.00

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

National Petroleum Services Co KSC (KUW:NAPESCO) 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 .

National Petroleum Services Co KSC Interest Coverage Related Terms

Thank you for viewing the detailed overview of National Petroleum Services Co KSC's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.

National Petroleum Services Co KSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » National Petroleum Services Co KSC (KUW:NAPESCO) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

Integration Road MA10 with M6 ?Mina Abdullah, Street 6, P.O. Box 9801, Shuaiba West Industrial Area, Block 3, Plot No. 76, Al-Ahmadi, KWT, 61008

Website

http://www.napesco.com

National Petroleum Services Co KSC provides oilfield services for the oil and gas industry in Kuwait. The company is engaged in carrying out all support services for wells drilling, repairing, and preparation for production as well as wells maintenance related services. It is also engaged in establishing industrial firms for the purpose of manufacturing and producing the equipment and materials needed for well drilling and repair. There are two segments within which the company operates namely oilfield services and non-oilfield services. The majority of the revenue is mainly from Oil field contracts that include Pumping services, and then Non- oil field contracts that involve supply power and environment, safety services.

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