OPG Power Ventures (LSE:OPG) Interest Coverage: 1.14 (As of Mar. 2025)


What is OPG Power Ventures Interest Coverage?

OPG Power Ventures LSE:OPG -0.74% Interest Coverage is 1.14 as of Mar. 2025.

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. OPG Power Ventures's Operating Income for the six months ended in Mar. 2025 was £2.8 Mil. OPG Power Ventures's Interest Expense for the six months ended in Mar. 2025 was £-2.4 Mil. OPG Power Ventures's interest coverage for the quarter that ended in Mar. 2025 was 1.14. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for OPG Power Ventures's Interest Coverage or its related term are showing as below:


LSE:OPG's Interest Coverage is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 2.915
* 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.

OPG Power Ventures  (LSE:OPG) 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 .

OPG Power Ventures Interest Coverage Related Terms

OPG Power Ventures Interest Coverage Historical Data

* Premium members only.

The historical data trend for OPG Power Ventures'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.

OPG Power Ventures Interest Coverage Chart

OPG Power Ventures Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.70 3.76 2.46 2.61 1.70

OPG Power Ventures Semi-Annual Data
Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25
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 2.69 1.75 4.09 2.29 1.14

LSE:OPG vs CEG, VST, NRG: Interest Coverage Comparison

For the Utilities - Independent Power Producers subindustry, OPG Power Ventures'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.

OPG Power Ventures Interest Coverage vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, OPG Power Ventures's Interest Coverage distribution charts can be found below:

* The bar in red indicates where OPG Power Ventures's Interest Coverage falls into.


OPG Power Ventures 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.

OPG Power Ventures's Interest Coverage for the fiscal year that ended in Mar. 2025 is calculated as

Here, for the fiscal year that ended in Mar. 2025, OPG Power Ventures's Interest Expense was £-4.8 Mil. Its Operating Income was £8.2 Mil. And its Long-Term Debt & Capital Lease Obligation was £8.3 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2025 )/Interest Expense (A: Mar. 2025 )
=-1*8.172/-4.793
=1.70

OPG Power Ventures's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the six months ended in Mar. 2025, OPG Power Ventures's Interest Expense was £-2.4 Mil. Its Operating Income was £2.8 Mil. And its Long-Term Debt & Capital Lease Obligation was £8.3 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*2.77/-2.434
=1.14

* 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 1.14 mean?
OPG Power Ventures (LSE:OPG) has a Interest Coverage of 1.14 as of Mar. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on OPG Power Ventures and its competitors.
Is OPG Power Ventures' Interest Coverage too high?
OPG Power Ventures' current Interest Coverage is 1.14. The Utilities - Independent Power Producers industry median Interest Coverage is 2.92. OPG Power Ventures' value of 1.14 is 60.9% below this industry median.
How does OPG Power Ventures' Interest Coverage compare to CEG and VST?
OPG Power Ventures' Interest Coverage of 1.14 can be compared against companies in the Utilities - Independent Power Producers industry. The industry median Interest Coverage is 2.92. OPG Power Ventures' value of 1.14 is 60.9% below this benchmark. 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 Utilities - Independent Power Producers company?
The median Interest Coverage among Utilities - Independent Power Producers companies is 2.92, based on 320 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. OPG Power Ventures's current Interest Coverage of 1.14 is 60.9% 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 OPG Power Ventures and its competitors. For the Utilities - Independent Power Producers industry, the median Interest Coverage is 2.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OPG Power Ventures's current Interest Coverage is 1.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OPG Power Ventures stock overvalued right now?
OPG Power Ventures (LSE:OPG) has a current Interest Coverage of 1.14. The current Interest Coverage is 1.14 and 60.9% below the Utilities - Independent Power Producers industry median of 2.92. 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 OPG Power Ventures (LSE:OPG), the current Interest Coverage is 1.14 as of Mar. 2025. 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.

OPG Power Ventures Business Description

Address No. 6, Sardar Patel Road, Guindy, Chennai, TN, IND, 600032
OPG Power Ventures PLC is engaged in the development, ownership, operation, and maintenance of private sector power projects in India. Its business objective is to focus on the power generation business within India and thereby provide reliable, cost-effective power to the industrial consumers and other users under the open access provisions mandated by the Government of India. The group's flagship plant, with a total capacity of 414 MW, is located in Tamil Nadu, India. The electricity generated from its thermal power plants is sold principally to state power distribution companies (DISCOMs) and public sector undertakings, as well as through short-term market arrangements. Geographically, the group derives all of its revenue from India.