Phoenix Petroleum Philippines (PHS:PNX) Interest Coverage: 0 (At Loss) (As of Sep. 2023)


PHS:PNX Phoenix Petroleum Philippines Inc PHS:PNX
4 GF Score
Price ₱4.17
View Full Analysis

What is Phoenix Petroleum Philippines Interest Coverage?

Phoenix Petroleum Philippines PHS:PNX 4 Interest Coverage is 0 (At Loss) as of Sep. 2023. GuruFocus rates PHS:PNX with a GF Score™ of 4/100.

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. Phoenix Petroleum Philippines's Operating Income for the three months ended in Sep. 2023 was ₱-493 Mil. Phoenix Petroleum Philippines's Interest Expense for the three months ended in Sep. 2023 was ₱-998 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 Phoenix Petroleum Philippines's Interest Coverage or its related term are showing as below:


PHS:PNX's Interest Coverage is not ranked *
in the Oil & Gas industry.
Industry Median: 5.84
* 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.


Phoenix Petroleum Philippines  (PHS:PNX) 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 .


Phoenix Petroleum Philippines Interest Coverage Related Terms


Phoenix Petroleum Philippines Interest Coverage Historical Data

* Premium members only.

The historical data trend for Phoenix Petroleum Philippines'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.

Phoenix Petroleum Philippines Interest Coverage Chart

Phoenix Petroleum Philippines Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.92 1.68 0.81 0.81 0.00

Phoenix Petroleum Philippines Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.00 0.00 0.00 0.00 0.00

PHS:PNX vs MPC, PSX, VLO: Interest Coverage Comparison

For the Oil & Gas Refining & Marketing subindustry, Phoenix Petroleum Philippines'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.


Phoenix Petroleum Philippines Interest Coverage vs Oil & Gas Industry

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

* The bar in red indicates where Phoenix Petroleum Philippines's Interest Coverage falls into.


PHS:PNX
4GF Score
Phoenix Petroleum Philippines Inc PHS:PNX
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Phoenix Petroleum Philippines 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.

Phoenix Petroleum Philippines's Interest Coverage for the fiscal year that ended in Dec. 2022 is calculated as

Here, for the fiscal year that ended in Dec. 2022, Phoenix Petroleum Philippines's Interest Expense was ₱-1,980 Mil. Its Operating Income was ₱-393 Mil. And its Long-Term Debt & Capital Lease Obligation was ₱20,884 Mil.

Phoenix Petroleum Philippines did not have earnings to cover the interest expense.

Phoenix Petroleum Philippines's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Here, for the three months ended in Sep. 2023, Phoenix Petroleum Philippines's Interest Expense was ₱-998 Mil. Its Operating Income was ₱-493 Mil. And its Long-Term Debt & Capital Lease Obligation was ₱20,010 Mil.

Phoenix Petroleum Philippines 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?
Phoenix Petroleum Philippines (PHS:PNX) has a Interest Coverage of 0 (At Loss) as of Sep. 2023. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Phoenix Petroleum Philippines and its competitors.
Is Phoenix Petroleum Philippines' Interest Coverage too high?
Phoenix Petroleum Philippines' current Interest Coverage is 0 (At Loss). Overall, Phoenix Petroleum Philippines has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Phoenix Petroleum Philippines' Interest Coverage compare to MPC and PSX?
Phoenix Petroleum Philippines' Interest Coverage of 0 (At Loss) can be compared against companies in the Oil & Gas industry. The industry median Interest Coverage is 5.84. 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 5.84, based on 728 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 Phoenix Petroleum Philippines and its competitors. For the Oil & Gas industry, the median Interest Coverage is 5.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Phoenix Petroleum Philippines'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 Phoenix Petroleum Philippines stock overvalued right now?
Phoenix Petroleum Philippines (PHS:PNX) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). Phoenix Petroleum Philippines' overall GF Score™ is 4/100. 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 Phoenix Petroleum Philippines (PHS:PNX), the current Interest Coverage is 0 (At Loss) as of Sep. 2023. 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.

Phoenix Petroleum Philippines Business Description

Industry EnergyOil & Gas
Address Stella Hizon Reyes Road, Phoenix Bulk Depot, Barrio Pampanga, Lanang, Davao, PHL, 8000
Phoenix Petroleum Philippines Inc is a Philippines-based company. Its segments include Trading, which is the key revenue driver, engaged in marketing, merchandising, purchasing, selling, dealing, acquiring, disposing, and distribution of goods and wares such as petroleum products (on a wholesale basis), adhesives, glues, bonding agents, epoxy resins, lubricants, and other products; Depot and logistics services engaged in operating oil depots, storage facilities and provides logistics services to various entities; and Real estate involved in real estate development, management, and operations. Geographically, the company operates in the Philippines, Singapore, and Vietnam. The majority of its revenue is generated from Singapore.
4GF Score

Get the complete analysis for PHS:PNX

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

₱4.17
Price