Zenith Energy (LSE:ZEN) Interest Coverage: 0 (At Loss) (As of Mar. 2026)


What is Zenith Energy Interest Coverage?

Zenith Energy LSE:ZEN +11.11% Interest Coverage is 0 (At Loss) as of Mar. 2026. The stock has 6 warning signs investors should review. Among 731 Oil & Gas companies, Zenith Energy ranks worse than 136798.77% 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. Zenith Energy's Operating Income for the six months ended in Mar. 2026 was £-1.63 Mil. Zenith Energy's Interest Expense for the six months ended in Mar. 2026 was £-2.43 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 Zenith Energy's Interest Coverage or its related term are showing as below:


LSE:ZEN's Interest Coverage is not ranked *
in the Oil & Gas industry.
Industry Median: 5.89
* 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.


Zenith Energy  (LSE:ZEN) 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 .


Zenith Energy Interest Coverage Related Terms


Zenith Energy Interest Coverage Historical Data

* Premium members only.

The historical data trend for Zenith 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.

Zenith Energy Interest Coverage Chart

Zenith Energy Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Zenith Energy Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.00 0.00 0.00 0.00

LSE:ZEN vs COP, EOG, FANG: Interest Coverage Comparison

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


Zenith Energy Interest Coverage vs Oil & Gas Industry

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

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



Zenith 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.

Zenith Energy's Interest Coverage for the fiscal year that ended in Mar. 2026 is calculated as

Here, for the fiscal year that ended in Mar. 2026, Zenith Energy's Interest Expense was £-3.71 Mil. Its Operating Income was £-2.84 Mil. And its Long-Term Debt & Capital Lease Obligation was £26.80 Mil.

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

Zenith Energy's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the six months ended in Mar. 2026, Zenith Energy's Interest Expense was £-2.43 Mil. Its Operating Income was £-1.63 Mil. And its Long-Term Debt & Capital Lease Obligation was £26.80 Mil.

Zenith 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?
Zenith Energy (LSE:ZEN) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Zenith Energy and its competitors. According to the industry distribution chart, Zenith Energy ranks #999999 out of 731 companies in the Oil & Gas industry.
Is Zenith Energy's Interest Coverage too high?
Zenith Energy's current Interest Coverage is 0 (At Loss). Based on the distribution chart, Zenith Energy ranks #999999 out of 731 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers.
How does Zenith Energy's Interest Coverage compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Zenith Energy ranks #999999 out of 731 companies for Interest Coverage. This places Zenith Energy in the lower half of its industry. The industry median Interest Coverage is 5.89. 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 731 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 Zenith Energy 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. Zenith 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 Zenith Energy stock overvalued right now?
Based on GuruFocus' analysis, Zenith Energy (LSE:ZEN) is currently considered Significantly Overvalued. The stock's GF Value™ is £0.02, compared to a current price of £0.05 — trading 150% above its estimated fair value. 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 Zenith Energy (LSE:ZEN), the current Interest Coverage is 0 (At Loss) 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.

Zenith Energy Business Description

Industry EnergyOil & Gas
Address 850 2nd Street, 15th Floor, Bankers Court, Calgary, AB, CAN, T2P 4K9
Zenith Energy Ltd is an international independent oil and gas company with production, exploration, and development assets in the Republic of the Congo, Italy, and Tunisia. The company's strategic focus is the development of revenue-generating oil production assets, as well as low-risk exploration activities in assets with existing production. Its segments are Italy, Tunisia and Others.