OCGPF (Oceana Group) Interest Coverage: 6.05 (As of Mar. 2026) — 40% Above Median


OCGPF Oceana Group Ltd OCGPF
79 GF Score
Price $3.00
GF Value $2.91
! 10 Warning Signs
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What is Oceana Group Interest Coverage?

Oceana Group OCGPF 79 Interest Coverage is 6.05 as of Mar. 2026, which is 40% above its 10-year median of 4.32. GuruFocus rates OCGPF with a GF Score™ of 79/100 and a GF Value™ of $2.91. The stock has 10 warning signs investors should review. Among 1,510 Consumer Packaged Goods companies, Oceana Group ranks worse than 66.09% 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. Oceana Group's Operating Income for the six months ended in Mar. 2026 was $41.2 Mil. Oceana Group's Interest Expense for the six months ended in Mar. 2026 was $-6.8 Mil. Oceana Group's interest coverage for the quarter that ended in Mar. 2026 was 6.05. The higher the ratio, the stronger the company's financial strength is.

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

OCGPF' s Interest Coverage Range Over the Past 10 Years
Min: 2.84   Med: 4.32   Max: 6.18
Current: 4.32


OCGPF's Interest Coverage is ranked worse than
66.09% of 1510 companies
in the Consumer Packaged Goods industry
Industry Median: 8.64 vs OCGPF: 4.32

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


Oceana Group  (OTCPK:OCGPF) 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 .


Oceana Group Interest Coverage Related Terms


Oceana Group Interest Coverage Historical Data

* Premium members only.

The historical data trend for Oceana Group'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.

Oceana Group Interest Coverage Chart

Oceana Group Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.57 6.18 6.10 5.79 3.70

Oceana Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 8.88 3.57 4.24 3.18 6.05

OCGPF vs KHC, GIS: Interest Coverage Comparison

For the Packaged Foods subindustry, Oceana Group'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.


Oceana Group Interest Coverage vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Oceana Group's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Oceana Group's Interest Coverage falls into.


OCGPF
79GF Score
Oceana Group Ltd OCGPF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Oceana Group 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.

Oceana Group's Interest Coverage for the fiscal year that ended in Sep. 2025 is calculated as

Here, for the fiscal year that ended in Sep. 2025, Oceana Group's Interest Expense was $-19.6 Mil. Its Operating Income was $72.7 Mil. And its Long-Term Debt & Capital Lease Obligation was $127.9 Mil.

Interest Coverage=-1* Operating Income (A: Sep. 2025 )/Interest Expense (A: Sep. 2025 )
=-1*72.653/-19.627
=3.70

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

Here, for the six months ended in Mar. 2026, Oceana Group's Interest Expense was $-6.8 Mil. Its Operating Income was $41.2 Mil. And its Long-Term Debt & Capital Lease Obligation was $100.0 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*41.196/-6.806
=6.05

* 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 6.05 mean?
Oceana Group (OCGPF) has a Interest Coverage of 6.05 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Oceana Group and its competitors. This is 40% above median its historical median of 4.32. Over the past decade, Oceana Group's Interest Coverage has ranged from 2.84 to 6.18. According to the industry distribution chart, Oceana Group ranks #998 out of 1510 companies in the Consumer Packaged Goods industry, placing it in the top 66.1%.
Is Oceana Group's Interest Coverage too high?
Oceana Group's current Interest Coverage of 6.05 is 40% above median its 10-year median of 4.32. Over the past 10 years, this metric has ranged from a low of 2.84 to a high of 6.18. The Consumer Packaged Goods industry median Interest Coverage is 8.64. Oceana Group's value of 6.05 is 30% below this industry median. Based on the distribution chart, Oceana Group ranks #998 out of 1510 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Oceana Group has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Oceana Group's Interest Coverage compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Oceana Group ranks #998 out of 1510 companies for Interest Coverage. This places Oceana Group in the lower half of its industry. The industry median Interest Coverage is 8.64. Oceana Group's value of 6.05 is 30% below this benchmark. Historically, Oceana Group's own Interest Coverage has ranged from 2.84 to 6.18 over the past decade. While the company's 10-year median is 4.32 vs. the industry median of 8.64, Oceana Group 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 a Consumer Packaged Goods company?
The median Interest Coverage among Consumer Packaged Goods companies is 8.64, based on 1,510 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. Oceana Group's current Interest Coverage of 6.05 is 30% 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 Oceana Group and its competitors. For the Consumer Packaged Goods industry, the median Interest Coverage is 8.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oceana Group's current Interest Coverage is 6.05, which is 40% above median its own 10-year median of 4.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oceana Group stock overvalued right now?
Oceana Group (OCGPF) has a current Interest Coverage of 6.05. The stock's GF Value™ is $2.91, compared to a current price of $3.00 — trading 3.1% above its estimated fair value. The current Interest Coverage is 6.05, which is 40% above median its 10-year median of 4.32 and 30% below the Consumer Packaged Goods industry median of 8.64. Oceana Group's overall GF Score™ is 79/100 with 10 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 Oceana Group (OCGPF), the current Interest Coverage is 6.05 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 Oceana Group (OCGPF) Overvalued in 2026?

Based on GuruFocus' analysis, Oceana Group stock appears to be overvalued. The current stock price of $3.00 is trading 3.1% above its estimated GF Value™ of $2.91.

Key valuation signals for OCGPF:

  • Interest Coverage: 6.05 (40% above median its 10-year median of 4.32)
  • GF Value™: $2.91 vs. price of $3.00 (3.1% above fair value)
  • GF Score™: 79/100 with 10 warning signs
  • Industry Position: 30% below the Consumer Packaged Goods median (#998 of 1510)

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


Oceana Group Business Description

Other Exchanges OCE:South AfricaOCG:Namibia
Address 25 Jan Smuts Street, 9th Floor, Oceana House, Foreshore, Cape Town, WC, ZAF, 8001
Oceana Group Ltd is a diversified, international fish and food company engaged in the responsible catching, procuring, processing, marketing and distribution of fish and food products. Its products and services include canned fish (notably pilchards), other canned foods such as tuna, sardines and canned meats, fishmeal and fish oil for the aquaculture, animal feed and pet food industries, as well as wild-caught seafood including horse mackerel, hake, squid and lobster. The Group operates through three main segments: Lucky Star Foods, Fishmeal and Fish Oil, and Wild Caught Seafood, with the majority of its revenue generated from the Lucky Star Foods segment. Geographically, the Group operates in South Africa, Namibia, other parts of Africa, Europe, the Americas and the Far East.
79GF Score

Get the complete analysis for OCGPF

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

$3.00
Price
$2.91
GF Value