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Ventura Offshore Holding (OSL:VTURA) Interest Coverage : N/A (As of Dec. 2024)


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What is Ventura Offshore Holding 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. Ventura Offshore Holding's Operating Income for the six months ended in Dec. 2024 was kr0 Mil. Ventura Offshore Holding's Interest Expense for the six months ended in Dec. 2024 was kr0 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Ventura Offshore Holding's Interest Coverage or its related term are showing as below:

OSL:VTURA' s Interest Coverage Range Over the Past 10 Years
Min: 3.11   Med: 3.11   Max: 3.11
Current: 3.11


OSL:VTURA's Interest Coverage is ranked worse than
69.57% of 723 companies
in the Oil & Gas industry
Industry Median: 5.91 vs OSL:VTURA: 3.11

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


Ventura Offshore Holding Interest Coverage Historical Data

The historical data trend for Ventura Offshore Holding'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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Ventura Offshore Holding Interest Coverage Chart

Ventura Offshore Holding Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Interest Coverage
- - 3.11 N/A

Ventura Offshore Holding Semi-Annual Data
Dec21 Dec22 Dec23 Dec24
Interest Coverage - - 3.11 N/A

Competitive Comparison of Ventura Offshore Holding's Interest Coverage

For the Oil & Gas Drilling subindustry, Ventura Offshore Holding'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.


Ventura Offshore Holding's Interest Coverage Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Ventura Offshore Holding's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Ventura Offshore Holding's Interest Coverage falls into.


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Ventura Offshore Holding 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.

Ventura Offshore Holding'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, Ventura Offshore Holding's Interest Expense was kr0 Mil. Its Operating Income was kr0 Mil. And its Long-Term Debt & Capital Lease Obligation was kr1,638 Mil.

GuruFocus does not calculate Ventura Offshore Holding's interest coverage with the available data.

Ventura Offshore Holding's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, Ventura Offshore Holding's Interest Expense was kr0 Mil. Its Operating Income was kr0 Mil. And its Long-Term Debt & Capital Lease Obligation was kr1,638 Mil.

GuruFocus does not calculate Ventura Offshore Holding's interest coverage with the available data.

* 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.


Ventura Offshore Holding  (OSL:VTURA) 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 .


Ventura Offshore Holding Interest Coverage Related Terms

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Ventura Offshore Holding Business Description

Traded in Other Exchanges
N/A
Address
Avenida Lacerda Agostinho, 1205 - Virgem Santa, Macae, RJ, BRA, CEP: 27948-005
Ventura Offshore Holding Ltd is a deep water drilling contractor providing offshore drilling services to the oil and gas industry. The Group focuses on deep water drilling operations in water depths of up to 12,000 feet and core activities are focused in the Brazilian offshore oil and gas market. Also Group owns and operates the drillship Carolina and the semisubmersible rig Victoria (the Owned Rigs), and manages the drillship Zonda and semisubmersible rig Catarina (the Managed Rigs, and together with the Owned Rigs, the Rigs), all of which drilling rigs capable of drilling in ultra deep waters.

Ventura Offshore Holding Headlines

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