PNAGF (Petronas Gas Bhd) Interest Coverage: 38.88 (As of Mar. 2026) — 135% Above Median


PNAGF Petronas Gas Bhd PNAGF
77 GF Score
Price $4.45
GF Value $3.95
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Petronas Gas Bhd Interest Coverage?

Petronas Gas Bhd PNAGF 77 Interest Coverage is 38.88 as of Mar. 2026, which is 135% above its 10-year median of 16.57. GuruFocus rates PNAGF with a GF Score™ of 77/100 and a GF Value™ of $3.95 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 728 Oil & Gas companies, Petronas Gas Bhd ranks better than 77.2% 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. Petronas Gas Bhd's Operating Income for the three months ended in Mar. 2026 was $137 Mil. Petronas Gas Bhd's Interest Expense for the three months ended in Mar. 2026 was $-4 Mil. Petronas Gas Bhd's interest coverage for the quarter that ended in Mar. 2026 was 38.88. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Petronas Gas Bhd's Interest Coverage or its related term are showing as below:

PNAGF' s Interest Coverage Range Over the Past 10 Years
Min: 11.13   Med: 16.57   Max: 29.04
Current: 29.04


PNAGF's Interest Coverage is ranked better than
77.2% of 728 companies
in the Oil & Gas industry
Industry Median: 5.84 vs PNAGF: 29.04

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


Petronas Gas Bhd  (OTCPK:PNAGF) 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 .


Petronas Gas Bhd Interest Coverage Related Terms


Petronas Gas Bhd Interest Coverage Historical Data

* Premium members only.

The historical data trend for Petronas Gas Bhd'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.

Petronas Gas Bhd Interest Coverage Chart

Petronas Gas Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.20 13.00 17.94 25.62 27.24

Petronas Gas Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 28.48 28.72 28.20 23.78 38.88

PNAGF vs XOM, CVX: Interest Coverage Comparison

For the Oil & Gas Integrated subindustry, Petronas Gas Bhd'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.


Petronas Gas Bhd Interest Coverage vs Oil & Gas Industry

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

* The bar in red indicates where Petronas Gas Bhd's Interest Coverage falls into.


PNAGF
77GF Score
Petronas Gas Bhd PNAGF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Petronas Gas Bhd 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.

Petronas Gas Bhd's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Petronas Gas Bhd's Interest Expense was $-20 Mil. Its Operating Income was $550 Mil. And its Long-Term Debt & Capital Lease Obligation was $344 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*550.165/-20.196
=27.24

Petronas Gas Bhd's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Petronas Gas Bhd's Interest Expense was $-4 Mil. Its Operating Income was $137 Mil. And its Long-Term Debt & Capital Lease Obligation was $557 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*137.178/-3.528
=38.88

* 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 38.88 mean?
Petronas Gas Bhd (PNAGF) has a Interest Coverage of 38.88 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Petronas Gas Bhd and its competitors. This is 135% above median its historical median of 16.57. Over the past decade, Petronas Gas Bhd's Interest Coverage has ranged from 11.13 to 29.04. According to the industry distribution chart, Petronas Gas Bhd ranks #166 out of 728 companies in the Oil & Gas industry, placing it in the top 22.8%.
Is Petronas Gas Bhd's Interest Coverage too high?
Petronas Gas Bhd's current Interest Coverage of 38.88 is 135% above median its 10-year median of 16.57. Over the past 10 years, this metric has ranged from a low of 11.13 to a high of 29.04. The Oil & Gas industry median Interest Coverage is 5.84. Petronas Gas Bhd's value of 38.88 is 565.8% above this industry median. Based on the distribution chart, Petronas Gas Bhd ranks #166 out of 728 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Petronas Gas Bhd has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Petronas Gas Bhd's Interest Coverage compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Petronas Gas Bhd ranks #166 out of 728 companies for Interest Coverage. This places Petronas Gas Bhd in the top 23% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 5.84. Petronas Gas Bhd's value of 38.88 is 565.8% above this benchmark. Historically, Petronas Gas Bhd's own Interest Coverage has ranged from 11.13 to 29.04 over the past decade. While the company's 10-year median is 16.57 vs. the industry median of 5.84, Petronas Gas Bhd has consistently been above 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 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. Petronas Gas Bhd's current Interest Coverage of 38.88 is 565.8% above 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 Petronas Gas Bhd 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. Petronas Gas Bhd's current Interest Coverage is 38.88, which is 135% above median its own 10-year median of 16.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Petronas Gas Bhd stock overvalued right now?
Based on GuruFocus' analysis, Petronas Gas Bhd (PNAGF) is currently considered Modestly Overvalued. The stock's GF Value™ is $3.95, compared to a current price of $4.45 — trading 12.7% above its estimated fair value. The current Interest Coverage is 38.88, which is 135% above median its 10-year median of 16.57 and 565.8% above the Oil & Gas industry median of 5.84. Petronas Gas Bhd's overall GF Score™ is 77/100 with 5 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 Petronas Gas Bhd (PNAGF), the current Interest Coverage is 38.88 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 Petronas Gas Bhd (PNAGF) Overvalued in 2026?

Based on GuruFocus' analysis, Petronas Gas Bhd stock appears to be overvalued. The current stock price of $4.45 is trading 12.7% above its estimated GF Value™ of $3.95. GuruFocus considers Petronas Gas Bhd to be Modestly Overvalued.

Key valuation signals for PNAGF:

  • Interest Coverage: 38.88 (135% above median its 10-year median of 16.57)
  • GF Value™: $3.95 vs. price of $4.45 (12.7% above fair value)
  • GF Score™: 77/100 with 5 warning signs
  • Industry Position: 565.8% above the Oil & Gas median (#166 of 728)

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


Petronas Gas Bhd Business Description

Industry EnergyOil & Gas
Other Exchanges 6033:Malaysia
Address PETRONAS Twin Towers, Level 49 & 50, Tower 1, Kuala Lumpur City Centre, Kuala Lumpur, SGR, MYS, 50088
Petronas Gas Bhd is a Malaysian gas infrastructure and utilities company, of which Malaysia's nationalized oil corporation, PETRONAS, holds a majority interest. Petronas Gas segments its primary operations into Gas Processing, Gas Transportation, Utilities, and Regasification businesses. While each of these contributes significantly to the company's total revenue, its Utilities and Gas Processing units combine to generate the majority. In Gas Processing, Petronas Gas receives processing fees under multi-year contracts by processing natural gas piped offshore for its parent company, PETRONAS. The Gas Transportation business encompasses the transmission of offshore natural gas through pipelines to customers in Malaysia and Singapore under multi-year agreements with PETRONAS.
77GF Score

Get the complete analysis for PNAGF

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

$4.45
Price
$3.95
GF Value