PXSAW (Pyxis Tankers) Interest Coverage: 2.53 (As of Mar. 2026) — 35% Above Median


PXSAW Pyxis Tankers Inc PXSAW
50 GF Score
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What is Pyxis Tankers Interest Coverage?

Pyxis Tankers PXSAW -39.97% 50 Interest Coverage is 2.53 as of Mar. 2026, which is 35% above its 10-year median of 1.88. GuruFocus rates PXSAW with a GF Score™ of 50/100. The stock has 6 warning signs investors should review. Among 728 Oil & Gas companies, Pyxis Tankers ranks worse than 87.36% 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. Pyxis Tankers's Operating Income for the three months ended in Mar. 2026 was $3.36 Mil. Pyxis Tankers's Interest Expense for the three months ended in Mar. 2026 was $-1.33 Mil. Pyxis Tankers's interest coverage for the quarter that ended in Mar. 2026 was 2.53. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Pyxis Tankers's Interest Coverage or its related term are showing as below:

PXSAW' s Interest Coverage Range Over the Past 10 Years
Min: 0.04   Med: 1.88   Max: 4.29
Current: 1.45


PXSAW's Interest Coverage is ranked worse than
87.36% of 728 companies
in the Oil & Gas industry
Industry Median: 5.84 vs PXSAW: 1.45

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


Pyxis Tankers  (NAS:PXSAW) 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 .


Pyxis Tankers Interest Coverage Related Terms


Pyxis Tankers Interest Coverage Historical Data

* Premium members only.

The historical data trend for Pyxis Tankers'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.

Pyxis Tankers Interest Coverage Chart

Pyxis Tankers 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 0.00 4.29 3.02 2.67 1.08

Pyxis Tankers 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 1.06 0.00 1.48 2.82 2.53

PXSAW vs TMDE, BANL, MARPS: Interest Coverage Comparison

For the Oil & Gas Midstream subindustry, Pyxis Tankers'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.


Pyxis Tankers Interest Coverage vs Oil & Gas Industry

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

* The bar in red indicates where Pyxis Tankers's Interest Coverage falls into.


PXSAW
50GF Score
Pyxis Tankers Inc PXSAW
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Pyxis Tankers 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.

Pyxis Tankers'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, Pyxis Tankers's Interest Expense was $-5.48 Mil. Its Operating Income was $5.92 Mil. And its Long-Term Debt & Capital Lease Obligation was $79.28 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*5.918/-5.477
=1.08

Pyxis Tankers's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Pyxis Tankers's Interest Expense was $-1.33 Mil. Its Operating Income was $3.36 Mil. And its Long-Term Debt & Capital Lease Obligation was $77.21 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*3.357/-1.329
=2.53

* 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 2.53 mean?
Pyxis Tankers (PXSAW) has a Interest Coverage of 2.53 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Pyxis Tankers and its competitors. This is 35% above median its historical median of 1.88. Over the past decade, Pyxis Tankers' Interest Coverage has ranged from 0.04 to 4.29. According to the industry distribution chart, Pyxis Tankers ranks #636 out of 728 companies in the Oil & Gas industry, placing it in the top 87.4%.
Is Pyxis Tankers' Interest Coverage too high?
Pyxis Tankers' current Interest Coverage of 2.53 is 35% above median its 10-year median of 1.88. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 4.29. The Oil & Gas industry median Interest Coverage is 5.84. Pyxis Tankers' value of 2.53 is 56.7% below this industry median. Based on the distribution chart, Pyxis Tankers ranks #636 out of 728 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Pyxis Tankers has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does Pyxis Tankers' Interest Coverage compare to TMDE and BANL?
According to the Oil & Gas industry distribution chart, Pyxis Tankers ranks #636 out of 728 companies for Interest Coverage. This places Pyxis Tankers in the lower half of its industry. The industry median Interest Coverage is 5.84. Pyxis Tankers' value of 2.53 is 56.7% below this benchmark. Historically, Pyxis Tankers' own Interest Coverage has ranged from 0.04 to 4.29 over the past decade. While the company's 10-year median is 1.88 vs. the industry median of 5.84, Pyxis Tankers has consistently been below 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. Pyxis Tankers's current Interest Coverage of 2.53 is 56.7% below 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 Pyxis Tankers 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. Pyxis Tankers's current Interest Coverage is 2.53, which is 35% above median its own 10-year median of 1.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pyxis Tankers stock overvalued right now?
Pyxis Tankers (PXSAW) has a current Interest Coverage of 2.53. The current Interest Coverage is 2.53, which is 35% above median its 10-year median of 1.88 and 56.7% below the Oil & Gas industry median of 5.84. Pyxis Tankers' overall GF Score™ is 50/100 with 6 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 Pyxis Tankers (PXSAW), the current Interest Coverage is 2.53 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.

Pyxis Tankers Business Description

Industry EnergyOil & Gas
Other Exchanges PXS:USA
Address 59 K. Karamanli Street, Maroussi, GRC, 15125
Pyxis Tankers Inc is an international maritime transportation company focused on mid-sized eco-vessels for the product tanker and dry-bulk sectors. It owns a fleet that comprises double-hull product tankers employed under a mix of short- and medium-term time charters and spot charters. The fleet owned by the company includes Konkar Ormi, Pyxis Lamda, Konkar Venture, Pyxis Karteria, and others. Each of the vessels in the fleet is capable of transporting refined petroleum products, such as naphtha, gasoline, jet fuel, kerosene, diesel, fuel oil, and other liquid bulk items, such as vegetable oils and organic chemicals. The company operates under two reportable segments, Tanker Vessels, which derive maximum revenue, and Dry-bulk Vessels.
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