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Ades Holding CoSAU:2382 +0.73%11 Interest Coverage is 2.12 as of Mar. 2026, which is 1% below its 10-year median of 2.14. GuruFocus rates SAU:2382 with a GF Score™ of 11/100. The stock has 9 warning signs investors should review. Among 729 Oil & Gas companies, Ades Holding Co ranks worse than 75.99% 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. Ades Holding Co's
Operating Income
for the
three
months ended in Mar. 2026 was ﷼663 Mil. Ades Holding Co's Interest Expense for the
three
months ended in Mar. 2026 was ﷼-313 Mil.
Ades Holding Co's interest coverage for the quarter that ended in Mar. 2026 was 2.12.
The higher the ratio, the stronger the company's financial strength is.
Warning Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Ades Holding Co interest coverage is 2.2, which is low.
The historical rank and industry rank for Ades Holding Co's Interest Coverage or its related term are showing as below:
SAU:2382'
s Interest Coverage Range Over the Past 10 Years
Min: 1.73 Med: 2.14 Max: 2.21
Current: 2.2
SAU:2382's Interest Coverage is ranked worse than 75.99% of 729
companies
in the Oil & Gas industry
Industry Median: 6.03
vs SAU:2382: 2.20
Ades Holding Co (SAU:2382) 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 .
Ades Holding Co Interest Coverage Related Terms
Ades Holding Co Interest Coverage Historical Data
* Premium members only.
The historical data trend for Ades Holding Co'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.
SAU:2382 vs NE, RIG, VAL: Interest Coverage Comparison
For the Oil & Gas Drilling subindustry, Ades Holding Co'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.
Ades Holding Co Interest Coverage vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Ades Holding Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Ades Holding Co's Interest Coverage falls into.
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:
* 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.
Ades Holding Co (SAU:2382) has a Interest Coverage of 2.12 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Ades Holding Co and its competitors. This is near median its historical median of 2.14. Over the past decade, Ades Holding Co's Interest Coverage has ranged from 1.73 to 2.21. According to the industry distribution chart, Ades Holding Co ranks #554 out of 729 companies in the Oil & Gas industry, placing it in the top 76%.
Is Ades Holding Co's Interest Coverage too high?
Ades Holding Co's current Interest Coverage of 2.12 is near median its 10-year median of 2.14. Over the past 10 years, this metric has ranged from a low of 1.73 to a high of 2.21. The Oil & Gas industry median Interest Coverage is 6.03. Ades Holding Co's value of 2.12 is 64.8% below this industry median. Based on the distribution chart, Ades Holding Co ranks #554 out of 729 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Ades Holding Co has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Ades Holding Co's Interest Coverage compare to NE and RIG?
According to the Oil & Gas industry distribution chart, Ades Holding Co ranks #554 out of 729 companies for Interest Coverage. This places Ades Holding Co in the lower half of its industry. The industry median Interest Coverage is 6.03. Ades Holding Co's value of 2.12 is 64.8% below this benchmark. Historically, Ades Holding Co's own Interest Coverage has ranged from 1.73 to 2.21 over the past decade. While the company's 10-year median is 2.14 vs. the industry median of 6.03, Ades Holding Co 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 6.03, based on 729 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. Ades Holding Co's current Interest Coverage of 2.12 is 64.8% 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 Ades Holding Co and its competitors. For the Oil & Gas industry, the median Interest Coverage is 6.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ades Holding Co's current Interest Coverage is 2.12, which is near median its own 10-year median of 2.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ades Holding Co stock overvalued right now?
Ades Holding Co (SAU:2382) has a current Interest Coverage of 2.12. The current Interest Coverage is 2.12, which is near median its 10-year median of 2.14 and 64.8% below the Oil & Gas industry median of 6.03. Ades Holding Co's overall GF Score™ is 11/100 with 9 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 Ades Holding Co (SAU:2382), the current Interest Coverage is 2.12 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.
Ades Holding Co is an oil and gas drilling and production services provider in the Middle East, Africa, Southeast Asia, and Europe. Its services mainly include offshore and onshore contract drilling and production services. The Group's offshore services include drilling and workover services and Mobile Offshore Production Unit (MOPU) production services, as well as accommodation, catering, and other barge-based support services. Additionally, it provides project services, which mainly include oil field enhancement (exploration and production). Ades's geographical operating segments are: Egypt, which derives maximum revenue, Algeria and Tunisia, the Kingdom of Saudi Arabia, Kuwait, Qatar, India, Southeast Asia, West/Central Africa, Norway, and Other.
11GF Score
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