TPZEF (Topaz Energy) Interest Coverage: 9.32 (As of Mar. 2026) — 17% Above Median


TPZEF Topaz Energy Corp TPZEF
86 GF Score
Price $20.96
GF Value $19.83
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Topaz Energy Interest Coverage?

Topaz Energy TPZEF -0.80% 86 Interest Coverage is 9.32 as of Mar. 2026, which is 17% above its 10-year median of 7.95. GuruFocus rates TPZEF with a GF Score™ of 86/100 and a GF Value™ of $19.83 (Fairly Valued). The stock has 6 warning signs investors should review. Among 728 Oil & Gas companies, Topaz Energy ranks better than 55.91% 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. Topaz Energy's Operating Income for the three months ended in Mar. 2026 was $38.9 Mil. Topaz Energy's Interest Expense for the three months ended in Mar. 2026 was $-4.2 Mil. Topaz Energy's interest coverage for the quarter that ended in Mar. 2026 was 9.32. The higher the ratio, the stronger the company's financial strength is.

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

TPZEF' s Interest Coverage Range Over the Past 10 Years
Min: 2.43   Med: 7.95   Max: No Debt
Current: 7.46


TPZEF's Interest Coverage is ranked better than
55.91% of 728 companies
in the Oil & Gas industry
Industry Median: 5.84 vs TPZEF: 7.46

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


Topaz Energy  (OTCPK:TPZEF) 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 .


Topaz Energy Interest Coverage Related Terms


Topaz Energy Interest Coverage Historical Data

* Premium members only.

The historical data trend for Topaz 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.

Topaz Energy Interest Coverage Chart

Topaz Energy Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial 10.17 9.62 2.43 5.56 6.28

Topaz Energy 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 7.21 3.24 2.45 15.00 9.32

TPZEF vs WMB, EPD, KMI: Interest Coverage Comparison

For the Oil & Gas Midstream subindustry, Topaz 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.


Topaz Energy Interest Coverage vs Oil & Gas Industry

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

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


TPZEF
86GF Score
Topaz Energy Corp TPZEF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Topaz 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.

Topaz Energy'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, Topaz Energy's Interest Expense was $-19.0 Mil. Its Operating Income was $119.4 Mil. And its Long-Term Debt & Capital Lease Obligation was $413.8 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*119.398/-19.012
=6.28

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

Here, for the three months ended in Mar. 2026, Topaz Energy's Interest Expense was $-4.2 Mil. Its Operating Income was $38.9 Mil. And its Long-Term Debt & Capital Lease Obligation was $393.5 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*38.907/-4.173
=9.32

* 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 9.32 mean?
Topaz Energy (TPZEF) has a Interest Coverage of 9.32 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Topaz Energy and its competitors. This is 17% above median its historical median of 7.95. Over the past decade, Topaz Energy's Interest Coverage has ranged from 2.43 to 10,000.00. According to the industry distribution chart, Topaz Energy ranks #321 out of 728 companies in the Oil & Gas industry, placing it in the top 44.1%.
Is Topaz Energy's Interest Coverage too high?
Topaz Energy's current Interest Coverage of 9.32 is 17% above median its 10-year median of 7.95. Over the past 10 years, this metric has ranged from a low of 2.43 to a high of 10,000.00. The Oil & Gas industry median Interest Coverage is 5.84. Topaz Energy's value of 9.32 is 59.6% above this industry median. Based on the distribution chart, Topaz Energy ranks #321 out of 728 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Topaz Energy has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Topaz Energy's Interest Coverage compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, Topaz Energy ranks #321 out of 728 companies for Interest Coverage. This puts Topaz Energy in the upper half of its industry. The industry median Interest Coverage is 5.84. Topaz Energy's value of 9.32 is 59.6% above this benchmark. Historically, Topaz Energy's own Interest Coverage has ranged from 2.43 to 10,000.00 over the past decade. While the company's 10-year median is 7.95 vs. the industry median of 5.84, Topaz Energy has consistently been above 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. Topaz Energy's current Interest Coverage of 9.32 is 59.6% above 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 Topaz Energy 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. Topaz Energy's current Interest Coverage is 9.32, which is 17% above median its own 10-year median of 7.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Topaz Energy stock overvalued right now?
Based on GuruFocus' analysis, Topaz Energy (TPZEF) is currently considered Fairly Valued. The stock's GF Value™ is $19.83, compared to a current price of $20.96 — trading 5.7% above its estimated fair value. The current Interest Coverage is 9.32, which is 17% above median its 10-year median of 7.95 and 59.6% above the Oil & Gas industry median of 5.84. Topaz Energy's overall GF Score™ is 86/100 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 Topaz Energy (TPZEF), the current Interest Coverage is 9.32 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.

Is Topaz Energy (TPZEF) Overvalued in 2026?

Based on GuruFocus' analysis, Topaz Energy stock appears to be overvalued. The current stock price of $20.96 is trading 5.7% above its estimated GF Value™ of $19.83. GuruFocus considers Topaz Energy to be Fairly Valued.

Key valuation signals for TPZEF:

  • Interest Coverage: 9.32 (17% above median its 10-year median of 7.95)
  • GF Value™: $19.83 vs. price of $20.96 (5.7% above fair value)
  • GF Score™: 86/100 with 6 warning signs
  • Industry Position: 59.6% above the Oil & Gas median (#321 of 728)

No single metric tells the full story. See the TPZEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Topaz Energy Business Description

Industry EnergyOil & Gas
Other Exchanges 5XU:GermanyTPZ:Canada
Address 250 - 6th Avenue SW, Suite 3100, Calgary, AB, CAN, T2P 3H7
Topaz Energy Corp is a royalty and energy infrastructure company focused on generating low-risk income and paying dividends to its shareholders. The company generates revenue from the Royalty Assets, which generate the company's Royalty Production Revenue; and the Infrastructure Assets, which generate the company's Processing Revenue and Other Income. The majority of the company's revenue is earned through royalties.
86GF Score

Get the complete analysis for TPZEF

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$20.96
Price
$19.83
GF Value