Avance Gas Holding (OSTO:AVANCEO) Interest Coverage: 0 (At Loss) (As of Mar. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OSTO:AVANCEO Avance Gas Holding Ltd OSTO:AVANCEO
8 GF Score
Price kr0.06
View Full Analysis

What is Avance Gas Holding Interest Coverage?

Avance Gas Holding OSTO:AVANCEO 8 Interest Coverage is 0 (At Loss) as of Mar. 2025. GuruFocus rates OSTO:AVANCEO with a GF Score™ of 8/100.

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. Avance Gas Holding's Operating Income for the three months ended in Mar. 2025 was kr-47 Mil. Avance Gas Holding's Interest Expense for the three months ended in Mar. 2025 was kr-0 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 Avance Gas Holding's Interest Coverage or its related term are showing as below:


OSTO:AVANCEo's Interest Coverage is not ranked *
in the Oil & Gas industry.
Industry Median: 6.03
* Ranked among companies with meaningful Interest Coverage only.

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


Avance Gas Holding  (OSTO:AVANCEo) 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 .


Avance Gas Holding Interest Coverage Related Terms


Avance Gas Holding Interest Coverage Historical Data

* Premium members only.

The historical data trend for Avance Gas 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.

Avance Gas Holding Interest Coverage Chart

Avance Gas Holding Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.60 3.15 5.33 7.76 6.10

Avance Gas Holding 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 6.57 5.15 5.28 2.87 0.00

OSTO:AVANCEO vs FOMI, WMB, EPD: Interest Coverage Comparison

For the Oil & Gas Midstream subindustry, Avance Gas 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.


Avance Gas Holding Interest Coverage vs Oil & Gas Industry

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

* The bar in red indicates where Avance Gas Holding's Interest Coverage falls into.


OSTO:AVANCEO
8GF Score
Avance Gas Holding Ltd OSTO:AVANCEO
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Avance Gas 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.

Avance Gas 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, Avance Gas Holding's Interest Expense was kr-257 Mil. Its Operating Income was kr1,568 Mil. And its Long-Term Debt & Capital Lease Obligation was kr0 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*1567.524/-257.071
=6.10

Avance Gas Holding's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Avance Gas Holding's Interest Expense was kr-0 Mil. Its Operating Income was kr-47 Mil. And its Long-Term Debt & Capital Lease Obligation was kr0 Mil.

Avance Gas Holding 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0 (At Loss) mean?
Avance Gas Holding (OSTO:AVANCEO) has a Interest Coverage of 0 (At Loss) as of Mar. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Avance Gas Holding and its competitors.
Is Avance Gas Holding's Interest Coverage too high?
Avance Gas Holding's current Interest Coverage is 0 (At Loss). Overall, Avance Gas Holding has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Avance Gas Holding's Interest Coverage compare to FOMI and WMB?
Avance Gas Holding's Interest Coverage of 0 (At Loss) can be compared against companies in the Oil & Gas industry. The industry median Interest Coverage is 6.03. 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 Oil & Gas company?
The median Interest Coverage among Oil & Gas companies is 6.03, based on 729 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. 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 Avance Gas Holding and its competitors. For the Oil & Gas industry, the median Interest Coverage is 6.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avance Gas Holding's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avance Gas Holding stock overvalued right now?
Avance Gas Holding (OSTO:AVANCEO) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). Avance Gas Holding's overall GF Score™ is 8/100. 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 Avance Gas Holding (OSTO:AVANCEO), the current Interest Coverage is 0 (At Loss) as of Mar. 2025. 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.

Avance Gas Holding Business Description

Industry EnergyOil & Gas
Address 14 Par-la-Ville Road, 4th floor, PO Box HM 1593, Par-la-Ville Place, Hamilton, BMU, HM 08
Avance Gas Holding Ltd is engaged in the transportation of liquefied petroleum gas (LPG). It owns and operates very large gas carriers (VLGCs) providing transportation services to oil majors and traders of LPG. It operates a fleet of vessels providing customers with transportation services through the combination of the contract of affreightments and spot market voyages. The company transports liquefied petroleum to destinations in Europe, South America, India, and Asia, mainly loading from the Middle East Gulf and the United States Gulf/United States East Coast. The company operates in a single segment, which is liquefied petroleum gas.
8GF Score

Get the complete analysis for OSTO:AVANCEO

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

kr0.06
Price