Sembcorplalah Power & Water CompanyOG (MUS:SSPW) Interest Coverage: 13.53 (As of Mar. 2026) — 362% Above Median


MUS:SSPW Sembcorp Salalah Power & Water Company SAOG MUS:SSPW
62 GF Score
Price ر.ع0.26
GF Value ر.ع0.11
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Sembcorplalah Power & Water CompanyOG Interest Coverage?

Sembcorplalah Power & Water CompanyOG MUS:SSPW -0.77% 62 Interest Coverage is 13.53 as of Mar. 2026, which is 362% above its 10-year median of 2.93. GuruFocus rates MUS:SSPW with a GF Score™ of 62/100 and a GF Value™ of ر.ع0.11 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 321 Utilities - Independent Power Producers companies, Sembcorplalah Power & Water CompanyOG ranks better than 84.11% 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. Sembcorplalah Power & Water CompanyOG's Operating Income for the three months ended in Mar. 2026 was ر.ع6.42 Mil. Sembcorplalah Power & Water CompanyOG's Interest Expense for the three months ended in Mar. 2026 was ر.ع-0.47 Mil. Sembcorplalah Power & Water CompanyOG's interest coverage for the quarter that ended in Mar. 2026 was 13.53. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Sembcorplalah Power & Water CompanyOG's Interest Coverage or its related term are showing as below:

MUS:SSPW' s Interest Coverage Range Over the Past 10 Years
Min: 2.03   Med: 2.93   Max: 11.22
Current: 11.22


MUS:SSPW's Interest Coverage is ranked better than
84.11% of 321 companies
in the Utilities - Independent Power Producers industry
Industry Median: 2.77 vs MUS:SSPW: 11.22

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


Sembcorplalah Power & Water CompanyOG  (MUS:SSPW) 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 .


Sembcorplalah Power & Water CompanyOG Interest Coverage Related Terms


Sembcorplalah Power & Water CompanyOG Interest Coverage Historical Data

* Premium members only.

The historical data trend for Sembcorplalah Power & Water CompanyOG'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.

Sembcorplalah Power & Water CompanyOG Interest Coverage Chart

Sembcorplalah Power & Water CompanyOG 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 3.13 3.68 4.11 5.44 9.44

Sembcorplalah Power & Water CompanyOG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.75 10.49 9.18 13.36 13.53

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

For the Utilities - Independent Power Producers subindustry, Sembcorplalah Power & Water CompanyOG'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.


Sembcorplalah Power & Water CompanyOG Interest Coverage vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Sembcorplalah Power & Water CompanyOG's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Sembcorplalah Power & Water CompanyOG's Interest Coverage falls into.


MUS:SSPW
62GF Score
Sembcorp Salalah Power & Water Company SAOG MUS:SSPW
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sembcorplalah Power & Water CompanyOG 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.

Sembcorplalah Power & Water CompanyOG'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, Sembcorplalah Power & Water CompanyOG's Interest Expense was ر.ع-3.00 Mil. Its Operating Income was ر.ع28.35 Mil. And its Long-Term Debt & Capital Lease Obligation was ر.ع0.67 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*28.351/-3.004
=9.44

Sembcorplalah Power & Water CompanyOG's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Sembcorplalah Power & Water CompanyOG's Interest Expense was ر.ع-0.47 Mil. Its Operating Income was ر.ع6.42 Mil. And its Long-Term Debt & Capital Lease Obligation was ر.ع0.68 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*6.415/-0.474
=13.53

* 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 13.53 mean?
Sembcorplalah Power & Water CompanyOG (MUS:SSPW) has a Interest Coverage of 13.53 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Sembcorplalah Power & Water CompanyOG and its competitors. This is 362% above median its historical median of 2.93. Over the past decade, Sembcorplalah Power & Water CompanyOG's Interest Coverage has ranged from 2.03 to 11.22. According to the industry distribution chart, Sembcorplalah Power & Water CompanyOG ranks #51 out of 321 companies in the Utilities - Independent Power Producers industry, placing it in the top 15.9%.
Is Sembcorplalah Power & Water CompanyOG's Interest Coverage too high?
Sembcorplalah Power & Water CompanyOG's current Interest Coverage of 13.53 is 362% above median its 10-year median of 2.93. Over the past 10 years, this metric has ranged from a low of 2.03 to a high of 11.22. The Utilities - Independent Power Producers industry median Interest Coverage is 2.77. Sembcorplalah Power & Water CompanyOG's value of 13.53 is 388.4% above this industry median. Based on the distribution chart, Sembcorplalah Power & Water CompanyOG ranks #51 out of 321 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Sembcorplalah Power & Water CompanyOG has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sembcorplalah Power & Water CompanyOG's Interest Coverage compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Sembcorplalah Power & Water CompanyOG ranks #51 out of 321 companies for Interest Coverage. This places Sembcorplalah Power & Water CompanyOG in the top 16% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 2.77. Sembcorplalah Power & Water CompanyOG's value of 13.53 is 388.4% above this benchmark. Historically, Sembcorplalah Power & Water CompanyOG's own Interest Coverage has ranged from 2.03 to 11.22 over the past decade. While the company's 10-year median is 2.93 vs. the industry median of 2.77, Sembcorplalah Power & Water CompanyOG has consistently been above 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 2.77, based on 321 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. Sembcorplalah Power & Water CompanyOG's current Interest Coverage of 13.53 is 388.4% above 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 Sembcorplalah Power & Water CompanyOG and its competitors. For the Utilities - Independent Power Producers industry, the median Interest Coverage is 2.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sembcorplalah Power & Water CompanyOG's current Interest Coverage is 13.53, which is 362% above median its own 10-year median of 2.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sembcorplalah Power & Water CompanyOG stock overvalued right now?
Based on GuruFocus' analysis, Sembcorplalah Power & Water CompanyOG (MUS:SSPW) is currently considered Significantly Overvalued. The stock's GF Value™ is ر.ع0.11, compared to a current price of ر.ع0.26 — trading 134.5% above its estimated fair value. The current Interest Coverage is 13.53, which is 362% above median its 10-year median of 2.93 and 388.4% above the Utilities - Independent Power Producers industry median of 2.77. Sembcorplalah Power & Water CompanyOG's overall GF Score™ is 62/100 with 7 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 Sembcorplalah Power & Water CompanyOG (MUS:SSPW), the current Interest Coverage is 13.53 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 Sembcorplalah Power & Water CompanyOG (MUS:SSPW) Overvalued in 2026?

Based on GuruFocus' analysis, Sembcorplalah Power & Water CompanyOG stock appears to be overvalued. The current stock price of ر.ع0.26 is trading 134.5% above its estimated GF Value™ of ر.ع0.11. GuruFocus considers Sembcorplalah Power & Water CompanyOG to be Significantly Overvalued.

Key valuation signals for MUS:SSPW:

  • Interest Coverage: 13.53 (362% above median its 10-year median of 2.93)
  • GF Value™: ر.ع0.11 vs. price of ر.ع0.26 (134.5% above fair value)
  • GF Score™: 62/100 with 7 warning signs
  • Industry Position: 388.4% above the Utilities - Independent Power Producers median (#51 of 321)

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


Sembcorplalah Power & Water CompanyOG Business Description

Address PO Box 1466, Salalah, OMN, 211
Sembcorp Salalah Power & Water Company SAOG develops, owns, and operates an electricity generation and seawater desalination plant located between the towns of Taqah and Mirbat. The plant meets the growing power and water demands of the region over the short, medium, and long term. The company generates its revenues from PWPA with Oman Power & Water Procurement Company. Under the terms of the PWPA, the plant's contracted power and water capacity are sold exclusively to OPWP on a long-term take-or-pay basis.
62GF Score

Get the complete analysis for MUS:SSPW

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

ر.ع0.26
Price
ر.ع0.11
GF Value