Transcorp Power (NSA:TRANSPOWER) Interest Coverage: 754.98 (As of Mar. 2026) — 5925% Above Median

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NSA:TRANSPOWER Transcorp Power PLC NSA:TRANSPOWER
26 GF Score
Price ₦219.60
! 1 Warning Sign
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What is Transcorp Power Interest Coverage?

Transcorp Power NSA:TRANSPOWER 26 Interest Coverage is 754.98 as of Mar. 2026, which is 5925% above its 10-year median of 12.53. GuruFocus rates NSA:TRANSPOWER with a GF Score™ of 26/100. The stock has 1 warning sign investors should review. Among 448 Utilities - Regulated companies, Transcorp Power ranks better than 82.59% 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. Transcorp Power's Operating Income for the three months ended in Mar. 2026 was ₦38,804 Mil. Transcorp Power's Interest Expense for the three months ended in Mar. 2026 was ₦-51 Mil. Transcorp Power's interest coverage for the quarter that ended in Mar. 2026 was 754.98. The higher the ratio, the stronger the company's financial strength is.

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

NSA:TRANSPOWER' s Interest Coverage Range Over the Past 10 Years
Min: 8.77   Med: 12.53   Max: 16.31
Current: 16.31


NSA:TRANSPOWER's Interest Coverage is ranked better than
82.59% of 448 companies
in the Utilities - Regulated industry
Industry Median: 3.855 vs NSA:TRANSPOWER: 16.31

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


Transcorp Power  (NSA:TRANSPOWER) 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 .


Transcorp Power Interest Coverage Related Terms


Transcorp Power Interest Coverage Historical Data

* Premium members only.

The historical data trend for Transcorp Power'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.

Transcorp Power Interest Coverage Chart

Transcorp Power Annual Data
Trend Dec23 Dec24 Dec25
Interest Coverage
8.77 12.53 13.01

Transcorp Power Quarterly Data
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 17.27 4.18 17.46 18.16 754.98

NSA:TRANSPOWER vs NEE, SO, DUK: Interest Coverage Comparison

For the Utilities - Regulated Electric subindustry, Transcorp Power'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.


Transcorp Power Interest Coverage vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Transcorp Power's Interest Coverage distribution charts can be found below:

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


NSA:TRANSPOWER
26GF Score
Transcorp Power PLC NSA:TRANSPOWER
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Transcorp Power 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.

Transcorp Power'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, Transcorp Power's Interest Expense was ₦-10,707 Mil. Its Operating Income was ₦139,352 Mil. And its Long-Term Debt & Capital Lease Obligation was ₦24,551 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*139352.391/-10707.468
=13.01

Transcorp Power's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Transcorp Power's Interest Expense was ₦-51 Mil. Its Operating Income was ₦38,804 Mil. And its Long-Term Debt & Capital Lease Obligation was ₦35,120 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*38803.928/-51.397
=754.98

* 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 754.98 mean?
Transcorp Power (NSA:TRANSPOWER) has a Interest Coverage of 754.98 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Transcorp Power and its competitors. This is 5925% above median its historical median of 12.53. Over the past decade, Transcorp Power's Interest Coverage has ranged from 8.77 to 16.31. According to the industry distribution chart, Transcorp Power ranks #78 out of 448 companies in the Utilities - Regulated industry, placing it in the top 17.4%.
Is Transcorp Power's Interest Coverage too high?
Transcorp Power's current Interest Coverage of 754.98 is 5925% above median its 10-year median of 12.53. Over the past 10 years, this metric has ranged from a low of 8.77 to a high of 16.31. The Utilities - Regulated industry median Interest Coverage is 3.86. Transcorp Power's value of 754.98 is 19484.4% above this industry median. Based on the distribution chart, Transcorp Power ranks #78 out of 448 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Transcorp Power has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Transcorp Power's Interest Coverage compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Transcorp Power ranks #78 out of 448 companies for Interest Coverage. This places Transcorp Power in the top 17% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 3.86. Transcorp Power's value of 754.98 is 19484.4% above this benchmark. Historically, Transcorp Power's own Interest Coverage has ranged from 8.77 to 16.31 over the past decade. While the company's 10-year median is 12.53 vs. the industry median of 3.86, Transcorp Power 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 - Regulated company?
The median Interest Coverage among Utilities - Regulated companies is 3.86, based on 448 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. Transcorp Power's current Interest Coverage of 754.98 is 19484.4% 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 Transcorp Power and its competitors. For the Utilities - Regulated industry, the median Interest Coverage is 3.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Transcorp Power's current Interest Coverage is 754.98, which is 5925% above median its own 10-year median of 12.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transcorp Power stock overvalued right now?
Transcorp Power (NSA:TRANSPOWER) has a current Interest Coverage of 754.98. The current Interest Coverage is 754.98, which is 5925% above median its 10-year median of 12.53 and 19484.4% above the Utilities - Regulated industry median of 3.86. Transcorp Power's overall GF Score™ is 26/100 with 1 warning sign 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 Transcorp Power (NSA:TRANSPOWER), the current Interest Coverage is 754.98 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.

Transcorp Power Business Description

Address Kilometer 12 warri patani road, Delta State, Ughelli, NGA
Transcorp Power PLC is engaged in power sector in Nigeria. It is a gas-fired open cycle thermal power plant located in Ughelli. It is fossil-fuel-based power-generating station in the country. The plant has an installed capacity of 972 MW and can generate 2,500 GWh of electricity annually. Transcorp power plant uses natural gas supplied by Nigeria, Nigeria Gas Infrastructure Company (NGIC) as the primary fuel for power generation. The Company has two operating segments: International - this segment is responsible for the sale of electric power to customers outside Nigeria and Local - this segment is responsible for the sale of electric power to customers within Nigeria. Key revenue is generated from Local sales.
26GF Score

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₦219.60
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