PTRC (Petro River Oil) Interest Coverage: No Debt (1) (As of Oct. 2019)


PTRC Petro River Oil Corp PTRC
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What is Petro River Oil Interest Coverage?

Petro River Oil PTRC -95.00% 12 Interest Coverage is No Debt (1) as of Oct. 2019. GuruFocus rates PTRC with a GF Score™ of 12/100.

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. Petro River Oil's Operating Income for the three months ended in Oct. 2019 was $-0.26 Mil. Petro River Oil's Interest Expense for the three months ended in Oct. 2019 was $0.00 Mil. Petro River Oil 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 Petro River Oil's Interest Coverage or its related term are showing as below:


PTRC'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.

Petro River Oil  (OTCPK:PTRC) 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 .

Petro River Oil Interest Coverage Related Terms

Petro River Oil Interest Coverage Historical Data

* Premium members only.

The historical data trend for Petro River Oil'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.

Petro River Oil Interest Coverage Chart

Petro River Oil Annual Data
Trend Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt 0.00 0.00

Petro River Oil Quarterly Data
Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19
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 No Debt

PTRC vs LRDC, COIL, ALTX: Interest Coverage Comparison

For the Oil & Gas E&P subindustry, Petro River Oil'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.

Petro River Oil Interest Coverage vs Oil & Gas Industry

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

* The bar in red indicates where Petro River Oil's Interest Coverage falls into.


PTRC
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Petro River Oil Corp PTRC
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Petro River Oil 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.

Petro River Oil's Interest Coverage for the fiscal year that ended in Apr. 2019 is calculated as

Here, for the fiscal year that ended in Apr. 2019, Petro River Oil's Interest Expense was $-3.12 Mil. Its Operating Income was $-1.18 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Petro River Oil did not have earnings to cover the interest expense.

Petro River Oil's Interest Coverage for the quarter that ended in Oct. 2019 is calculated as

Here, for the three months ended in Oct. 2019, Petro River Oil's Interest Expense was $0.00 Mil. Its Operating Income was $-0.26 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Petro River Oil 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?
Petro River Oil (PTRC) has a Interest Coverage of No Debt (1) as of Oct. 2019. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Petro River Oil and its competitors.
Is Petro River Oil's Interest Coverage too high?
Petro River Oil's current Interest Coverage is No Debt (1). Overall, Petro River Oil has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Petro River Oil's Interest Coverage compare to LRDC and COIL?
Petro River Oil's Interest Coverage of No Debt (1) 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 Petro River Oil 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. Petro River Oil'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 Petro River Oil stock overvalued right now?
Petro River Oil (PTRC) has a current Interest Coverage of No Debt (1). The current Interest Coverage is No Debt (1). Petro River Oil's overall GF Score™ is 12/100. 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 Petro River Oil (PTRC), the current Interest Coverage is No Debt (1) as of Oct. 2019. 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.

Petro River Oil Business Description

Industry EnergyOil & Gas
Address 55 5th Avenue, Suite 1702, New York, NY, USA, 10003
Petro River Oil Corp is an independent energy company focused on the exploration and development of conventional oil and gas assets. It has diversification across multiple projects, each with low initial capital expenditures and strong risk-reward characteristics. The company's strategy is to identify, acquire and develop conventional oil and gas assets. The company's activities are focused on the North American and European continents.
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Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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