SMN Power HoldingOG (MUS:SMNP) Interest Coverage: 2.76 (As of Dec. 2024) — 55% Below Median

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MUS:SMNP SMN Power Holding SAOG MUS:SMNP
46 GF Score
Price ر.ع0.20
GF Value ر.ع0.10
Valuation Significantly Overvalued
! 5 Warning Signs
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What is SMN Power HoldingOG Interest Coverage?

SMN Power HoldingOG MUS:SMNP 46 Interest Coverage is 2.76 as of Dec. 2024, which is 55% below its 10-year median of 6.09. GuruFocus rates MUS:SMNP with a GF Score™ of 46/100 and a GF Value™ of ر.ع0.10 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 322 Utilities - Independent Power Producers companies, SMN Power HoldingOG ranks worse than 50.62% 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. SMN Power HoldingOG's Operating Income for the six months ended in Dec. 2024 was ر.ع7.12 Mil. SMN Power HoldingOG's Interest Expense for the six months ended in Dec. 2024 was ر.ع-2.58 Mil. SMN Power HoldingOG's interest coverage for the quarter that ended in Dec. 2024 was 2.76. The higher the ratio, the stronger the company's financial strength is.

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

MUS:SMNP' s Interest Coverage Range Over the Past 10 Years
Min: 2.76   Med: 6.09   Max: 12.51
Current: 2.76


MUS:SMNP's Interest Coverage is ranked worse than
50.62% of 322 companies
in the Utilities - Independent Power Producers industry
Industry Median: 2.84 vs MUS:SMNP: 2.76

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


SMN Power HoldingOG  (MUS:SMNP) 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 .


SMN Power HoldingOG Interest Coverage Related Terms


SMN Power HoldingOG Interest Coverage Historical Data

* Premium members only.

The historical data trend for SMN Power HoldingOG'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.

SMN Power HoldingOG Interest Coverage Chart

SMN Power HoldingOG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.47 12.51 7.90 5.52 2.76

SMN Power HoldingOG Semi-Annual Data
Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec20 Dec21 Dec22 Dec23 Dec24
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 6.47 12.51 7.90 5.52 2.76

MUS:SMNP vs CEG, VST, NRG: Interest Coverage Comparison

For the Utilities - Independent Power Producers subindustry, SMN Power HoldingOG'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.


SMN Power HoldingOG Interest Coverage vs Utilities - Independent Power Producers Industry

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

* The bar in red indicates where SMN Power HoldingOG's Interest Coverage falls into.


MUS:SMNP
46GF Score
SMN Power Holding SAOG MUS:SMNP
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SMN Power HoldingOG 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.

SMN Power HoldingOG'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, SMN Power HoldingOG's Interest Expense was ر.ع-2.58 Mil. Its Operating Income was ر.ع7.12 Mil. And its Long-Term Debt & Capital Lease Obligation was ر.ع34.93 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*7.124/-2.578
=2.76

SMN Power HoldingOG's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, SMN Power HoldingOG's Interest Expense was ر.ع-2.58 Mil. Its Operating Income was ر.ع7.12 Mil. And its Long-Term Debt & Capital Lease Obligation was ر.ع34.93 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*7.124/-2.578
=2.76

* 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 2.76 mean?
SMN Power HoldingOG (MUS:SMNP) has a Interest Coverage of 2.76 as of Dec. 2024. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on SMN Power HoldingOG and its competitors. This is 55% below median its historical median of 6.09. Over the past decade, SMN Power HoldingOG's Interest Coverage has ranged from 2.76 to 12.51. According to the industry distribution chart, SMN Power HoldingOG ranks #163 out of 322 companies in the Utilities - Independent Power Producers industry, placing it in the top 50.6%.
Is SMN Power HoldingOG's Interest Coverage too high?
SMN Power HoldingOG's current Interest Coverage of 2.76 is 55% below median its 10-year median of 6.09. Over the past 10 years, this metric has ranged from a low of 2.76 to a high of 12.51. The Utilities - Independent Power Producers industry median Interest Coverage is 2.84. SMN Power HoldingOG's value of 2.76 is 2.8% below this industry median. Based on the distribution chart, SMN Power HoldingOG ranks #163 out of 322 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, SMN Power HoldingOG has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SMN Power HoldingOG's Interest Coverage compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, SMN Power HoldingOG ranks #163 out of 322 companies for Interest Coverage. This places SMN Power HoldingOG in the lower half of its industry. The industry median Interest Coverage is 2.84. SMN Power HoldingOG's value of 2.76 is 2.8% below this benchmark. Historically, SMN Power HoldingOG's own Interest Coverage has ranged from 2.76 to 12.51 over the past decade. While the company's 10-year median is 6.09 vs. the industry median of 2.84, SMN Power HoldingOG 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 Utilities - Independent Power Producers company?
The median Interest Coverage among Utilities - Independent Power Producers companies is 2.84, based on 322 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. SMN Power HoldingOG's current Interest Coverage of 2.76 is 2.8% 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 SMN Power HoldingOG and its competitors. For the Utilities - Independent Power Producers industry, the median Interest Coverage is 2.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SMN Power HoldingOG's current Interest Coverage is 2.76, which is 55% below median its own 10-year median of 6.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SMN Power HoldingOG stock overvalued right now?
Based on GuruFocus' analysis, SMN Power HoldingOG (MUS:SMNP) is currently considered Significantly Overvalued. The stock's GF Value™ is ر.ع0.10, compared to a current price of ر.ع0.20 — trading 97% above its estimated fair value. The current Interest Coverage is 2.76, which is 55% below median its 10-year median of 6.09 and 2.8% below the Utilities - Independent Power Producers industry median of 2.84. SMN Power HoldingOG's overall GF Score™ is 46/100 with 5 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 SMN Power HoldingOG (MUS:SMNP), the current Interest Coverage is 2.76 as of Dec. 2024. 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 SMN Power HoldingOG (MUS:SMNP) Overvalued in 2026?

Based on GuruFocus' analysis, SMN Power HoldingOG stock appears to be overvalued. The current stock price of ر.ع0.20 is trading 97% above its estimated GF Value™ of ر.ع0.10. GuruFocus considers SMN Power HoldingOG to be Significantly Overvalued.

Key valuation signals for MUS:SMNP:

  • Interest Coverage: 2.76 (55% below median its 10-year median of 6.09)
  • GF Value™: ر.ع0.10 vs. price of ر.ع0.20 (97% above fair value)
  • GF Score™: 46/100 with 5 warning signs
  • Industry Position: 2.8% below the Utilities - Independent Power Producers median (#163 of 322)

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


SMN Power HoldingOG Business Description

Address Way No. 1013, Office No. 15, Qurum Building, 1st Floor, Al Qurum, Muscat, OMN
SMN Power Holding SAOG is a company based in the Sultanate of Oman. Along with its subsidiaries, the company is engaged in the power generation and water desalination business. The company also invests its funds in shares, bonds, and securities, and owns and leases patents, trademarks, concessions, and other incorporeal rights to its subsidiaries and other companies.
46GF Score

Get the complete analysis for MUS:SMNP

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

ر.ع0.20
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ر.ع0.10
GF Value