National Petroleum Services Co KSC (KUW:NAPESCO) Interest Coverage: 682.83 (As of Mar. 2026) — 35% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

KUW:NAPESCO National Petroleum Services Co KSC KUW:NAPESCO
99 GF Score
Price KWD1.48
GF Value KWD1.48
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is National Petroleum Services Co KSC Interest Coverage?

National Petroleum Services Co KSC KUW:NAPESCO +1.02% 99 Interest Coverage is 682.83 as of Mar. 2026, which is 35% above its 10-year median of 504.47. GuruFocus rates KUW:NAPESCO with a GF Score™ of 99/100 and a GF Value™ of KWD1.48 (Fairly Valued). The stock has 1 warning sign investors should review. Among 730 Oil & Gas companies, National Petroleum Services Co KSC ranks better than 88.49% 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. National Petroleum Services Co KSC's Operating Income for the three months ended in Mar. 2026 was KWD4.10 Mil. National Petroleum Services Co KSC's Interest Expense for the three months ended in Mar. 2026 was KWD-0.01 Mil. National Petroleum Services Co KSC's interest coverage for the quarter that ended in Mar. 2026 was 682.83. 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: 504.47   Max: No Debt
Current: 548.53


KUW:NAPESCO's Interest Coverage is ranked better than
88.49% of 730 companies
in the Oil & Gas industry
Industry Median: 5.89 vs KUW:NAPESCO: 548.53

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  (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


National Petroleum Services Co KSC Interest Coverage Historical Data

* Premium members only.

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.

National Petroleum Services Co KSC Interest Coverage Chart

National Petroleum Services Co KSC 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 205.52 207.59 379.81 944.60 629.12

National Petroleum Services Co KSC 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 1,999.00 887.50 1,082.40 226.47 682.83

KUW:NAPESCO vs SLB, BKR, HAL: Interest Coverage Comparison

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 Interest Coverage vs 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.


KUW:NAPESCO
99GF Score
National Petroleum Services Co KSC KUW:NAPESCO
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, National Petroleum Services Co KSC's Interest Expense was KWD-0.03 Mil. Its Operating Income was KWD16.36 Mil. And its Long-Term Debt & Capital Lease Obligation was KWD0.31 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*16.357/-0.026
=629.12

National Petroleum Services Co KSC's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, National Petroleum Services Co KSC's Interest Expense was KWD-0.01 Mil. Its Operating Income was KWD4.10 Mil. And its Long-Term Debt & Capital Lease Obligation was KWD0.34 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*4.097/-0.006
=682.83

* 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 682.83 mean?
National Petroleum Services Co KSC (KUW:NAPESCO) has a Interest Coverage of 682.83 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on National Petroleum Services Co KSC and its competitors. This is 35% above median its historical median of 504.47. Over the past decade, National Petroleum Services Co KSC's Interest Coverage has ranged from 136.02 to 10,000.00. According to the industry distribution chart, National Petroleum Services Co KSC ranks #84 out of 730 companies in the Oil & Gas industry, placing it in the top 11.5%.
Is National Petroleum Services Co KSC's Interest Coverage too high?
National Petroleum Services Co KSC's current Interest Coverage of 682.83 is 35% above median its 10-year median of 504.47. Over the past 10 years, this metric has ranged from a low of 136.02 to a high of 10,000.00. The Oil & Gas industry median Interest Coverage is 5.89. National Petroleum Services Co KSC's value of 682.83 is 11493% above this industry median. Based on the distribution chart, National Petroleum Services Co KSC ranks #84 out of 730 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, National Petroleum Services Co KSC has a GF Score™ of 99/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does National Petroleum Services Co KSC's Interest Coverage compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, National Petroleum Services Co KSC ranks #84 out of 730 companies for Interest Coverage. This places National Petroleum Services Co KSC in the top 12% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 5.89. National Petroleum Services Co KSC's value of 682.83 is 11493% above this benchmark. Historically, National Petroleum Services Co KSC's own Interest Coverage has ranged from 136.02 to 10,000.00 over the past decade. While the company's 10-year median is 504.47 vs. the industry median of 5.89, National Petroleum Services Co KSC 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 730 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. National Petroleum Services Co KSC's current Interest Coverage of 682.83 is 11493% 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 National Petroleum Services Co KSC 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. National Petroleum Services Co KSC's current Interest Coverage is 682.83, which is 35% above median its own 10-year median of 504.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Petroleum Services Co KSC stock overvalued right now?
Based on GuruFocus' analysis, National Petroleum Services Co KSC (KUW:NAPESCO) is currently considered Fairly Valued. The stock's GF Value™ is KWD1.48, compared to a current price of KWD1.48 — trading right at its estimated fair value. The current Interest Coverage is 682.83, which is 35% above median its 10-year median of 504.47 and 11493% above the Oil & Gas industry median of 5.89. National Petroleum Services Co KSC's overall GF Score™ is 99/100 with 1 warning sign 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 National Petroleum Services Co KSC (KUW:NAPESCO), the current Interest Coverage is 682.83 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 National Petroleum Services Co KSC (KUW:NAPESCO) Overvalued in 2026?

Based on GuruFocus' analysis, National Petroleum Services Co KSC stock appears to be undervalued. The current stock price of KWD1.48 is trading 0% below its estimated GF Value™ of KWD1.48. GuruFocus considers National Petroleum Services Co KSC to be Fairly Valued.

Key valuation signals for KUW:NAPESCO:

  • Interest Coverage: 682.83 (35% above median its 10-year median of 504.47)
  • GF Value™: KWD1.48 vs. price of KWD1.48 (0% below fair value)
  • GF Score™: 99/100 with 1 warning sign
  • Industry Position: 11493% above the Oil & Gas median (#84 of 730)

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


National Petroleum Services Co KSC Business Description

Industry EnergyOil & Gas
Address Integration Road, MA10-MA6, Street 6, P.O. Box 9801 Shuaiba West Industrial Area, Block-3, Plot. No.76, Al Ahmadi, KWT
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.
99GF Score

Get the complete analysis for KUW:NAPESCO

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

KWD1.48
Price
KWD1.48
GF Value