Halliburton Co (MEX:HAL) Interest Coverage : 7.09 (As of Mar. 2025)

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What is Halliburton Co 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. Halliburton Co's Operating Income for the three months ended in Mar. 2025 was MXN16,101 Mil. Halliburton Co's Interest Expense for the three months ended in Mar. 2025 was MXN-2,271 Mil. Halliburton Co's interest coverage for the quarter that ended in Mar. 2025 was 7.09. The higher the ratio, the stronger the company's financial strength is.

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

MEX:HAL' s Interest Coverage Range Over the Past 10 Years
Min: 0.92 Med: 4.03 Max: 8.75
Current: 8.36

MEX:HAL's Interest Coverage is ranked better than
59.39% of 719 companies
in the Oil & Gas industry
Industry Median: 5.91 vs MEX:HAL: 8.36

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

Halliburton Co Interest Coverage Historical Data

The historical data trend for Halliburton Co'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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Halliburton Co Interest Coverage Chart

Halliburton Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Coverage

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2.51

3.36

6.25

7.24

8.75

Halliburton Co 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															8.66	9.05	8.73	8.55	7.09

Competitive Comparison of Halliburton Co's Interest Coverage

For the Oil & Gas Equipment & Services subindustry, Halliburton Co'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.

Halliburton Co's Interest Coverage Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Halliburton Co's Interest Coverage falls into.

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Halliburton Co 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.

Halliburton Co'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, Halliburton Co's Interest Expense was MXN-9,385 Mil. Its Operating Income was MXN82,130 Mil. And its Long-Term Debt & Capital Lease Obligation was MXN165,970 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2024 )	/	Interest Expense (A: Dec. 2024 )
	=	-1	*	82129.747	/	-9385.065
	=	8.75

Halliburton Co's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Halliburton Co's Interest Expense was MXN-2,271 Mil. Its Operating Income was MXN16,101 Mil. And its Long-Term Debt & Capital Lease Obligation was MXN162,213 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2025 )	/	Interest Expense (Q: Mar. 2025 )
	=	-1	*	16100.603	/	-2270.86
	=	7.09

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

Halliburton Co (MEX:HAL) 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 .

Halliburton Co Interest Coverage Related Terms

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Halliburton Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Halliburton Co (MEX:HAL) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

HAL:USA 1HAL:Italy HALd:UK 0R23:UK HAL:Germany HAL:Germany HAL:Germany HAL:Germany HAL:Chile HALI34:Brazil HAL:Austria

Address

3000 North Sam Houston Parkway East, Houston, TX, USA, 77032

Website

https://www.halliburton.com

Halliburton is North America's largest oilfield service company as measured by market share. Despite industry fragmentation, it holds a leading position in the hydraulic fracturing and completions market, which makes up nearly half of its revenue. It also holds strong positions in other service offerings like drilling and completions fluids, which leverages its expertise in material science, as well as the directional drilling market. While we consider SLB the global leader in reservoir evaluation, we think Halliburton leads in any activity from the reservoir to the wellbore. The firm's innovations have helped multiple producers lower their development costs per barrel of oil equivalent, with techniques that have been homed in over a century of operations.