OQ Gas Network Company S A O G (MUS:OQGN) Interest Coverage: 0.18 (As of Mar. 2026) — 80% Above Median

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MUS:OQGN OQ Gas Network Company S A O G MUS:OQGN
11 GF Score
Price ر.ع0.20
GF Value ر.ع0.29
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is OQ Gas Network Company S A O G Interest Coverage?

OQ Gas Network Company S A O G MUS:OQGN 11 Interest Coverage is 0.18 as of Mar. 2026, which is 80% above its 10-year median of 0.10. GuruFocus rates MUS:OQGN with a GF Score™ of 11/100 and a GF Value™ of ر.ع0.29 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 730 Oil & Gas companies, OQ Gas Network Company S A O G ranks worse than 98.77% 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. OQ Gas Network Company S A O G's Operating Income for the three months ended in Mar. 2026 was ر.ع1.0 Mil. OQ Gas Network Company S A O G's Interest Expense for the three months ended in Mar. 2026 was ر.ع-5.6 Mil. OQ Gas Network Company S A O G's interest coverage for the quarter that ended in Mar. 2026 was 0.18. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. OQ Gas Network Company S A O Gs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

The historical rank and industry rank for OQ Gas Network Company S A O G's Interest Coverage or its related term are showing as below:

MUS:OQGN' s Interest Coverage Range Over the Past 10 Years
Min: 0.1   Med: 0.1   Max: 0.12
Current: 0.12


MUS:OQGN's Interest Coverage is ranked worse than
98.77% of 730 companies
in the Oil & Gas industry
Industry Median: 6.115 vs MUS:OQGN: 0.12

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


OQ Gas Network Company S A O G  (MUS:OQGN) 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 .


OQ Gas Network Company S A O G Interest Coverage Related Terms


OQ Gas Network Company S A O G Interest Coverage Historical Data

* Premium members only.

The historical data trend for OQ Gas Network Company S A O G'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.

OQ Gas Network Company S A O G Interest Coverage Chart

OQ Gas Network Company S A O G Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Interest Coverage
0.00 0.00 0.00 0.10

OQ Gas Network Company S A O G Quarterly Data
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 0.10 0.18 0.31 0.00 0.18

MUS:OQGN vs WMB, EPD, KMI: Interest Coverage Comparison

For the Oil & Gas Midstream subindustry, OQ Gas Network Company S A O G'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.


OQ Gas Network Company S A O G Interest Coverage vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, OQ Gas Network Company S A O G's Interest Coverage distribution charts can be found below:

* The bar in red indicates where OQ Gas Network Company S A O G's Interest Coverage falls into.


MUS:OQGN
11GF Score
OQ Gas Network Company S A O G MUS:OQGN
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

OQ Gas Network Company S A O G 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.

OQ Gas Network Company S A O G'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, OQ Gas Network Company S A O G's Interest Expense was ر.ع-21.1 Mil. Its Operating Income was ر.ع2.2 Mil. And its Long-Term Debt & Capital Lease Obligation was ر.ع381.6 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*2.207/-21.139
=0.10

OQ Gas Network Company S A O G's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, OQ Gas Network Company S A O G's Interest Expense was ر.ع-5.6 Mil. Its Operating Income was ر.ع1.0 Mil. And its Long-Term Debt & Capital Lease Obligation was ر.ع467.8 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*1.007/-5.624
=0.18

* 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 0.18 mean?
OQ Gas Network Company S A O G (MUS:OQGN) has a Interest Coverage of 0.18 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on OQ Gas Network Company S A O G and its competitors. This is 80% above median its historical median of 0.10. Over the past decade, OQ Gas Network Company S A O G's Interest Coverage has ranged from 0.10 to 0.12. According to the industry distribution chart, OQ Gas Network Company S A O G ranks #721 out of 730 companies in the Oil & Gas industry, placing it in the top 98.8%.
Is OQ Gas Network Company S A O G's Interest Coverage too high?
OQ Gas Network Company S A O G's current Interest Coverage of 0.18 is 80% above median its 10-year median of 0.10. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 0.12. The Oil & Gas industry median Interest Coverage is 6.12. OQ Gas Network Company S A O G's value of 0.18 is 97.1% below this industry median. Based on the distribution chart, OQ Gas Network Company S A O G ranks #721 out of 730 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, OQ Gas Network Company S A O G has a GF Score™ of 11/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does OQ Gas Network Company S A O G's Interest Coverage compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, OQ Gas Network Company S A O G ranks #721 out of 730 companies for Interest Coverage. This places OQ Gas Network Company S A O G in the lower half of its industry. The industry median Interest Coverage is 6.12. OQ Gas Network Company S A O G's value of 0.18 is 97.1% below this benchmark. Historically, OQ Gas Network Company S A O G's own Interest Coverage has ranged from 0.10 to 0.12 over the past decade. While the company's 10-year median is 0.10 vs. the industry median of 6.12, OQ Gas Network Company S A O G 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 6.12, 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. OQ Gas Network Company S A O G's current Interest Coverage of 0.18 is 97.1% 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 OQ Gas Network Company S A O G and its competitors. For the Oil & Gas industry, the median Interest Coverage is 6.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OQ Gas Network Company S A O G's current Interest Coverage is 0.18, which is 80% above median its own 10-year median of 0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OQ Gas Network Company S A O G stock overvalued right now?
Based on GuruFocus' analysis, OQ Gas Network Company S A O G (MUS:OQGN) is currently considered Possible Value Trap. The stock's GF Value™ is ر.ع0.29, compared to a current price of ر.ع0.20 — trading 31% below its estimated fair value. The current Interest Coverage is 0.18, which is 80% above median its 10-year median of 0.10 and 97.1% below the Oil & Gas industry median of 6.12. OQ Gas Network Company S A O G's overall GF Score™ is 11/100 with 8 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 OQ Gas Network Company S A O G (MUS:OQGN), the current Interest Coverage is 0.18 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 OQ Gas Network Company S A O G (MUS:OQGN) Overvalued in 2026?

Based on GuruFocus' analysis, OQ Gas Network Company S A O G stock appears to be undervalued. The current stock price of ر.ع0.20 is trading 31% below its estimated GF Value™ of ر.ع0.29. GuruFocus considers OQ Gas Network Company S A O G to be Possible Value Trap.

Key valuation signals for MUS:OQGN:

  • Interest Coverage: 0.18 (80% above median its 10-year median of 0.10)
  • GF Value™: ر.ع0.29 vs. price of ر.ع0.20 (31% below fair value)
  • GF Score™: 11/100 with 8 warning signs
  • Industry Position: 97.1% below the Oil & Gas median (#721 of 730)

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


OQ Gas Network Company S A O G Business Description

Industry EnergyOil & Gas
Address Al Khuwair, P.O. Box 799, Sultanate of Oman, Muscat, OMN, 133
OQ Gas Network Company S A O G is a company that is the exclusive owner and operator of the Natural Gas Transportation Network in Oman by providing an indispensable link between Omani gas producers and gas consumers. It is responsible for acquiring, constructing, operating, and maintaining gas transportation pipelines, facilitating natural gas distribution from producers to consumers, and serving Oman's Liquefied Natural Gas (LNG) complexes, oil and gas sector, power and desalination plants, industrial clusters, free zones, and other customers.
11GF Score

Get the complete analysis for MUS:OQGN

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

ر.ع0.20
Price
ر.ع0.29
GF Value