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Hindustan Oil Exploration Co (NSE:HINDOILEXP) Interest Coverage : 0 (At Loss) (As of Mar. 2025)


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What is Hindustan Oil Exploration Co Interest Coverage?

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. Hindustan Oil Exploration Co's Operating Income for the three months ended in Mar. 2025 was ₹-169 Mil. Hindustan Oil Exploration Co's Interest Expense for the three months ended in Mar. 2025 was ₹-37 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Hindustan Oil Exploration Co's Interest Coverage or its related term are showing as below:

NSE:HINDOILEXP' s Interest Coverage Range Over the Past 10 Years
Min: 5.41   Med: 14.9   Max: No Debt
Current: 5.41


NSE:HINDOILEXP's Interest Coverage is ranked worse than
52.02% of 717 companies
in the Oil & Gas industry
Industry Median: 5.96 vs NSE:HINDOILEXP: 5.41

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


Hindustan Oil Exploration Co Interest Coverage Historical Data

The historical data trend for Hindustan Oil Exploration Co'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.

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Hindustan Oil Exploration Co Interest Coverage Chart

Hindustan Oil Exploration Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.45 5.91 7.23 26.06 8.78

Hindustan Oil Exploration Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 24.72 7.30 2.57 22.84 -

Competitive Comparison of Hindustan Oil Exploration Co's Interest Coverage

For the Oil & Gas E&P subindustry, Hindustan Oil Exploration Co'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.


Hindustan Oil Exploration Co's Interest Coverage Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Hindustan Oil Exploration Co's Interest Coverage falls into.


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Hindustan Oil Exploration Co 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.

Hindustan Oil Exploration Co's Interest Coverage for the fiscal year that ended in Mar. 2025 is calculated as

Here, for the fiscal year that ended in Mar. 2025, Hindustan Oil Exploration Co's Interest Expense was ₹-108 Mil. Its Operating Income was ₹953 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹476 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2025 )/Interest Expense (A: Mar. 2025 )
=-1*952.585/-108.439
=8.78

Hindustan Oil Exploration Co's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Hindustan Oil Exploration Co's Interest Expense was ₹-37 Mil. Its Operating Income was ₹-169 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹476 Mil.

Hindustan Oil Exploration Co did not have earnings to cover the interest expense.

* 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.


Hindustan Oil Exploration Co  (NSE:HINDOILEXP) 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 .


Hindustan Oil Exploration Co Interest Coverage Related Terms

Thank you for viewing the detailed overview of Hindustan Oil Exploration Co's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Hindustan Oil Exploration Co Business Description

Traded in Other Exchanges
Address
192, St. Mary’s Road, Lakshmi Chambers, Alwarpet, Chennai, TN, IND, 600 018
Hindustan Oil Exploration Co Ltd is engaged in the exploration, development, and production of crude oil and natural gas in India. Its business falls under the reportable segment of Oil and Gas. The group derives revenue from the sale of its products which includes Crude oil, Condensate and Natural gas. Key revenue is derived from the sale of natural gas. Geographically, the group's operations are principally carried in India.

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