Gas Plus SpA (MIL:GSP) Interest Coverage: 4.65 (As of Dec. 2025) — 284% Above Median


MIL:GSP Gas Plus SpA MIL:GSP
67 GF Score
Price €5.52
GF Value €3.23
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Gas Plus SpA Interest Coverage?

Gas Plus SpA MIL:GSP -0.18% 67 Interest Coverage is 4.65 as of Dec. 2025, which is 284% above its 10-year median of 1.21. GuruFocus rates MIL:GSP with a GF Score™ of 67/100 and a GF Value™ of €3.23 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 728 Oil & Gas companies, Gas Plus SpA ranks worse than 56.04% 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. Gas Plus SpA's Operating Income for the six months ended in Dec. 2025 was €17.5 Mil. Gas Plus SpA's Interest Expense for the six months ended in Dec. 2025 was €-3.8 Mil. Gas Plus SpA's interest coverage for the quarter that ended in Dec. 2025 was 4.65. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Gas Plus SpA's Interest Coverage or its related term are showing as below:

MIL:GSP' s Interest Coverage Range Over the Past 10 Years
Min: 0.17   Med: 1.21   Max: 7.12
Current: 4.46


MIL:GSP's Interest Coverage is ranked worse than
56.04% of 728 companies
in the Oil & Gas industry
Industry Median: 5.84 vs MIL:GSP: 4.46

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


Gas Plus SpA  (MIL:GSP) 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 .


Gas Plus SpA Interest Coverage Related Terms


Gas Plus SpA Interest Coverage Historical Data

* Premium members only.

The historical data trend for Gas Plus SpA'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.

Gas Plus SpA Interest Coverage Chart

Gas Plus SpA 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 0.23 7.12 4.60 2.88 4.46

Gas Plus SpA Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 3.20 2.68 3.12 4.29 4.65

MIL:GSP vs COP, EOG, OXY: Interest Coverage Comparison

For the Oil & Gas E&P subindustry, Gas Plus SpA'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.


Gas Plus SpA Interest Coverage vs Oil & Gas Industry

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

* The bar in red indicates where Gas Plus SpA's Interest Coverage falls into.


MIL:GSP
67GF Score
Gas Plus SpA MIL:GSP
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gas Plus SpA 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.

Gas Plus SpA'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, Gas Plus SpA's Interest Expense was €-8.2 Mil. Its Operating Income was €36.4 Mil. And its Long-Term Debt & Capital Lease Obligation was €8.5 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*36.378/-8.161
=4.46

Gas Plus SpA's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the six months ended in Dec. 2025, Gas Plus SpA's Interest Expense was €-3.8 Mil. Its Operating Income was €17.5 Mil. And its Long-Term Debt & Capital Lease Obligation was €8.5 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*17.483/-3.758
=4.65

* 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 4.65 mean?
Gas Plus SpA (MIL:GSP) has a Interest Coverage of 4.65 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Gas Plus SpA and its competitors. This is 284% above median its historical median of 1.21. Over the past decade, Gas Plus SpA's Interest Coverage has ranged from 0.17 to 7.12. According to the industry distribution chart, Gas Plus SpA ranks #408 out of 728 companies in the Oil & Gas industry, placing it in the top 56%.
Is Gas Plus SpA's Interest Coverage too high?
Gas Plus SpA's current Interest Coverage of 4.65 is 284% above median its 10-year median of 1.21. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 7.12. The Oil & Gas industry median Interest Coverage is 5.84. Gas Plus SpA's value of 4.65 is 20.4% below this industry median. Based on the distribution chart, Gas Plus SpA ranks #408 out of 728 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Gas Plus SpA has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gas Plus SpA's Interest Coverage compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Gas Plus SpA ranks #408 out of 728 companies for Interest Coverage. This places Gas Plus SpA in the lower half of its industry. The industry median Interest Coverage is 5.84. Gas Plus SpA's value of 4.65 is 20.4% below this benchmark. Historically, Gas Plus SpA's own Interest Coverage has ranged from 0.17 to 7.12 over the past decade. While the company's 10-year median is 1.21 vs. the industry median of 5.84, Gas Plus SpA has consistently been below 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 5.84, based on 728 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. Gas Plus SpA's current Interest Coverage of 4.65 is 20.4% 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 Gas Plus SpA and its competitors. For the Oil & Gas industry, the median Interest Coverage is 5.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gas Plus SpA's current Interest Coverage is 4.65, which is 284% above median its own 10-year median of 1.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gas Plus SpA stock overvalued right now?
Based on GuruFocus' analysis, Gas Plus SpA (MIL:GSP) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.23, compared to a current price of €5.52 — trading 70.9% above its estimated fair value. The current Interest Coverage is 4.65, which is 284% above median its 10-year median of 1.21 and 20.4% below the Oil & Gas industry median of 5.84. Gas Plus SpA's overall GF Score™ is 67/100 with 2 warning signs 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 Gas Plus SpA (MIL:GSP), the current Interest Coverage is 4.65 as of Dec. 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.

Is Gas Plus SpA (MIL:GSP) Overvalued in 2026?

Based on GuruFocus' analysis, Gas Plus SpA stock appears to be overvalued. The current stock price of €5.52 is trading 70.9% above its estimated GF Value™ of €3.23. GuruFocus considers Gas Plus SpA to be Significantly Overvalued.

Key valuation signals for MIL:GSP:

  • Interest Coverage: 4.65 (284% above median its 10-year median of 1.21)
  • GF Value™: €3.23 vs. price of €5.52 (70.9% above fair value)
  • GF Score™: 67/100 with 2 warning signs
  • Industry Position: 20.4% below the Oil & Gas median (#408 of 728)

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


Gas Plus SpA Business Description

Industry EnergyOil & Gas
Other Exchanges 0EMK:UKT9O:Germany
Address Viale Enrico Forlanini, 17, Milan, ITA, 20134
Gas Plus SpA through its subsidiaries is engaged in the exploration and production of natural gas in Italy. The company is also involved in the production, purchase, distribution, and sale of natural gas. The company holds approximately 47 cultivation concessions distributed throughout Italy and manages a total of about 1,600 kilometers of regional distribution and transportation network located around 39 municipalities.
67GF Score

Get the complete analysis for MIL:GSP

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

€5.52
Price
€3.23
GF Value