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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. Trican Well Service's
Operating Income
for the
three
months ended in Jun. 2026 was C$-2 Mil. Trican Well Service's Interest Expense for the
three
months ended in Jun. 2026 was C$-1 Mil.
did not have earnings to cover the interest expense.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Trican Well Service's Interest Coverage or its related term are showing as below:
TSX:TCW'
s Interest Coverage Range Over the Past 10 Years
Min: 4 Med: 39.42 Max: 62.53
Current: 24.06
TSX:TCW's Interest Coverage is ranked better than 75.34% of 734
companies
in the Oil & Gas industry
Industry Median: 6.09
vs TSX:TCW: 24.06
Trican Well Service (TSX:TCW) 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 .
Trican Well Service Interest Coverage Related Terms
Trican Well Service Interest Coverage Historical Data
* Premium members only.
The historical data trend for Trican Well Service'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.
TSX:TCW vs SLB, BKR, FTI: Interest Coverage Comparison
For the Oil & Gas Equipment & Services subindustry, Trican Well Service'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.
Trican Well Service Interest Coverage vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Trican Well Service's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Trican Well Service'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:
Trican Well Service did not have earnings to cover the 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.
What does a Interest Coverage of 0 (At Loss) mean?
Trican Well Service (TSX:TCW) has a Interest Coverage of 0 (At Loss) as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Trican Well Service and its competitors. Over the past decade, Trican Well Service's Interest Coverage has ranged from 4.00 to 62.53. According to the industry distribution chart, Trican Well Service ranks #181 out of 734 companies in the Oil & Gas industry, placing it in the top 24.7%.
Is Trican Well Service's Interest Coverage too high?
Trican Well Service's current Interest Coverage is 0 (At Loss). Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 62.53. Based on the distribution chart, Trican Well Service ranks #181 out of 734 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Trican Well Service has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Trican Well Service's Interest Coverage compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Trican Well Service ranks #181 out of 734 companies for Interest Coverage. This places Trican Well Service in the top 25% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 6.09. Historically, Trican Well Service's own Interest Coverage has ranged from 4.00 to 62.53 over the past decade. 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 6.09, based on 734 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 Trican Well Service and its competitors. For the Oil & Gas industry, the median Interest Coverage is 6.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trican Well Service's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trican Well Service stock overvalued right now?
Based on GuruFocus' analysis, Trican Well Service (TSX:TCW) is currently considered Fairly Valued. The stock's GF Value™ is C$6.11, compared to a current price of C$6.06 — trading 0.8% below its estimated fair value. The current Interest Coverage is 0 (At Loss). Trican Well Service's overall GF Score™ is 84/100 with 3 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 Trican Well Service (TSX:TCW), the current Interest Coverage is 0 (At Loss) as of Jun. 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 Trican Well Service (TSX:TCW) Overvalued in 2026?
Based on GuruFocus' analysis, Trican Well Service stock appears to be undervalued.
The current stock price of C$6.06 is trading 0.8% below its estimated GF Value™ of C$6.11.
GuruFocus considers Trican Well Service to be Fairly Valued.
Key valuation signals for TSX:TCW:
Interest Coverage: 0 (At Loss)
GF Value™: C$6.11 vs. price of C$6.06 (0.8% below fair value)
No single metric tells the full story. See the TSX:TCW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Trican Well Service Ltd is an equipment services company. It provides products, equipment, services, and technology for use in the drilling, completion, stimulation, and reworking of oil and gas wells through its continuing pressure pumping operations in Canada. Additionally, the company offers services related to coiled tubing, pipeline service, cementing, fracturing, and reservoir solutions to customers operating from bases located across the Western Canadian Sedimentary Basin (WCSB).
84GF Score
Get the complete analysis for TSX:TCW
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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