POGS (Pioneer Oil & Gas) Interest Coverage: No Debt (1) (As of Jun. 2005)


What is Pioneer Oil & Gas Interest Coverage?

Pioneer Oil & Gas POGS -37.34% Interest Coverage is No Debt (1) as of Jun. 2005.

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. Pioneer Oil & Gas's Operating Income for the three months ended in Jun. 2005 was $2.38 Mil. Pioneer Oil & Gas's Interest Expense for the three months ended in Jun. 2005 was $0.00 Mil. Pioneer Oil & Gas has no debt. The higher the ratio, the stronger the company's financial strength is.

(1) 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.

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


POGS's Interest Coverage is not ranked *
in the Oil & Gas industry.
Industry Median: 5.885
* 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.

Pioneer Oil & Gas  (OTCPK:POGS) 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 .

Pioneer Oil & Gas Interest Coverage Related Terms

Pioneer Oil & Gas Interest Coverage Historical Data

* Premium members only.

The historical data trend for Pioneer Oil & Gas'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.

Pioneer Oil & Gas Interest Coverage Chart

Pioneer Oil & Gas Annual Data
Trend Sep00 Sep01 Sep02 Sep03 Sep04
Interest Coverage
No Debt No Debt N/A No Debt No Debt

Pioneer Oil & Gas Quarterly Data
Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05
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 No Debt No Debt No Debt No Debt No Debt

POGS vs ECT, TRNX, SLNG: Interest Coverage Comparison

For the Oil & Gas Integrated subindustry, Pioneer Oil & Gas'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.

Pioneer Oil & Gas Interest Coverage vs Oil & Gas Industry

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

* The bar in red indicates where Pioneer Oil & Gas's Interest Coverage falls into.


Pioneer Oil & Gas 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.

Pioneer Oil & Gas's Interest Coverage for the fiscal year that ended in Sep. 2004 is calculated as

Here, for the fiscal year that ended in Sep. 2004, Pioneer Oil & Gas's Interest Expense was $0.00 Mil. Its Operating Income was $0.54 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Pioneer Oil & Gas had no debt (1).

Pioneer Oil & Gas's Interest Coverage for the quarter that ended in Jun. 2005 is calculated as

Here, for the three months ended in Jun. 2005, Pioneer Oil & Gas's Interest Expense was $0.00 Mil. Its Operating Income was $2.38 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Pioneer Oil & Gas had no debt (1).

* 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 No Debt <sup>(1)</sup> mean?
Pioneer Oil & Gas (POGS) has a Interest Coverage of No Debt (1) as of Jun. 2005. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Pioneer Oil & Gas and its competitors.
Is Pioneer Oil & Gas' Interest Coverage too high?
Pioneer Oil & Gas' current Interest Coverage is No Debt (1).
How does Pioneer Oil & Gas' Interest Coverage compare to ECT and TRNX?
Pioneer Oil & Gas' Interest Coverage of No Debt (1) can be compared against companies in the Oil & Gas industry. The industry median Interest Coverage is 5.89. 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 5.89, 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 Pioneer Oil & Gas and its competitors. For the Oil & Gas industry, the median Interest Coverage is 5.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pioneer Oil & Gas's current Interest Coverage is No Debt (1). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pioneer Oil & Gas stock overvalued right now?
Pioneer Oil & Gas (POGS) has a current Interest Coverage of No Debt (1). The current Interest Coverage is No Debt (1). 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 Pioneer Oil & Gas (POGS), the current Interest Coverage is No Debt (1) as of Jun. 2005. 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.

Pioneer Oil & Gas Business Description

Industry EnergyOil & Gas
Address 1206 West South Jordan Parkway, Unit B, South Jordan, UT, USA, 84095-5512
Pioneer Oil & Gas operates in the oil and gas integrated industry. The company is engaged in the business of acquiring, developing, producing, and selling oil and gas properties to companies located in the continental United States. The majority of the company's revenue is derived from royalty income.