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Seventy Seven Energy (Seventy Seven Energy) Interest Coverage : N/A (As of Sep. 2016)


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What is Seventy Seven Energy Interest Coverage?

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. Seventy Seven Energy's Operating Income for the three months ended in Sep. 2016 was $0.0 Mil. Seventy Seven Energy's Interest Expense for the three months ended in Sep. 2016 was $0.0 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Seventy Seven Energy's Interest Coverage or its related term are showing as below:


SVNT's Interest Coverage is not ranked *
in the Oil & Gas industry.
Industry Median: 6.74
* 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.


Seventy Seven Energy Interest Coverage Historical Data

The historical data trend for Seventy Seven Energy'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.

* Premium members only.

Seventy Seven Energy Interest Coverage Chart

Seventy Seven Energy Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16
Interest Coverage
3.15 0.50 0.94 - N/A

Seventy Seven Energy Quarterly Data
Dec12 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 - - - N/A N/A

Competitive Comparison of Seventy Seven Energy's Interest Coverage

For the Oil & Gas Equipment & Services subindustry, Seventy Seven Energy'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.


Seventy Seven Energy's Interest Coverage Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Seventy Seven Energy's Interest Coverage falls into.



Seventy Seven Energy 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.

Seventy Seven Energy's Interest Coverage for the fiscal year that ended in Dec. 2015 is calculated as

Here, for the fiscal year that ended in Dec. 2015, Seventy Seven Energy's Interest Expense was $-99.3 Mil. Its Operating Income was $-227.9 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,564.6 Mil.

Seventy Seven Energy did not have earnings to cover the interest expense.

Seventy Seven Energy's Interest Coverage for the quarter that ended in Sep. 2016 is calculated as

Here, for the three months ended in Sep. 2016, Seventy Seven Energy's Interest Expense was $0.0 Mil. Its Operating Income was $0.0 Mil. And its Long-Term Debt & Capital Lease Obligation was $423.3 Mil.

GuruFocus does not calculate Seventy Seven Energy's interest coverage with the available data.

* 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.


Seventy Seven Energy  (OTCPK:SVNT) 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 .


Seventy Seven Energy Interest Coverage Related Terms

Thank you for viewing the detailed overview of Seventy Seven Energy's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Seventy Seven Energy (Seventy Seven Energy) Business Description

Traded in Other Exchanges
N/A
Address
Seventy Seven Energy Inc was incorporated in the State of Oklahoma. It is a diversified oilfield services and equipment company. Its services include drilling, hydraulic fracturing, oilfield rentals, rig relocation and fluid handling and disposal. It operates its business through three operating segments including Drilling, Hydraulic Fracturing and Oilfield Rentals. It drilling segment is operated through wholly-owned subsidiary, Nomac Drilling, L.L.C., and provides land drilling services for oil & natural gas E&P activities. Hydraulic fracturing segment is operated through wholly-owned subsidiary, Performance Technologies, L.L.C., and provides high-pressure hydraulic fracturing services and other well stimulation services. Oilfield rentals segment is operated through wholly-owned subsidiary, Great Plains Oilfield Rental, L.L.C., and provides premium rental tools and specialized services for land-based oil and natural gas drilling, completion and workover activities. It offers line of rental tools, including a full line of tubular products specifically designed for horizontal drilling and completion, with high-torque, premium-connection drill pipe, drill collars and tubing. It provides drilling and other services and supply materials and equipment to CHK. Its competitors include Helmerich & Payne, Inc, Patterson-UTI Energy, Inc, Trinidad Drilling Ltd, Superior Energy Services, Inc., RPC, Inc., Keane Group, FTS International, Inc, Key Energy Services, Inc., RPC, Inc., Oil States International, Inc., and Weatherford International PLC. It operates under the jurisdiction of a number of federal, state and local regulatory bodies that regulate worker safety, the handling of hazardous materials, the transportation of explosives, the protection of the environment and safe driving procedures.
Executives
Steven B Hinchman director MARATHON OIL CORP, 5555 SAN FELIPE ROAD, HOUSTON TX 77056
David S King director ONE RADNOR CORPORATE CENTER, 100 MATSONFORD ROAD, RADNOR PA 19807
Edward John Dipaolo director 9422 WINDRUSH DRIVE, SPRING TX 77379
Andrew Axelrod director C/O AXAR CAPITAL MANAGEMENT, LP, 402 W 13TH STREET, FLOOR 5, NEW YORK NY 10014
Douglas James Wall director C/O BAKER HUGHES, 9110 GROGANS MILLS ROAD, WOODLANDS TX 77380
James Minmier officer: President - Nomac Drilling 777 N.W. 63RD ST., OKLAHOMA CITY OK 73116
Karl Blanchard officer: Chief Operating Officer 777 N.W. 63RD ST., OKLAHOMA CITY OK 73116
Cary D Baetz officer: CFO and Treasurer 5201 TRUXTUN AVE, BAKERSFIELD CA 93309
Victor Danh director 777 N.W. 63RD STREET, OKLAHOMA CITY OK 73116
A B Krongard other: Former Director C/O UNDER ARMOUR, INC., 1020 HULL STREET, BALTIMORE MD 21230
Marran H. Ogilvie other: Former Director 599 LEXINGTON AVENUE, NEW YORK NY 10022
Bob G Alexander other: Former Director 6017 MORNING DOVE LANE, EDMOND OK 73025
Ronnie K Irani other: Former Director 3909 TIMBERLINE PL EDMOND OK 73013
Anne-marie Ainsworth director 333 CLAY STREET, SUITE 2400, HOUSTON TX 77002
Chesapeake Energy Corp 10 percent owner 6100 NORTH WESTERN AVE, OKLAHOMA CITY OK 73118

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