Total Energy Services (TSX:TOT) Interest Coverage: 34.52 (As of Mar. 2026) — 610% Above Median


TSX:TOT Total Energy Services Inc TSX:TOT
80 GF Score
Price C$21.36
GF Value C$14.20
Valuation Significantly Overvalued
View Full Analysis

What is Total Energy Services Interest Coverage?

Total Energy Services TSX:TOT -0.60% 80 Interest Coverage is 34.52 as of Mar. 2026, which is 610% above its 10-year median of 4.86. GuruFocus rates TSX:TOT with a GF Score™ of 80/100 and a GF Value™ of C$14.20 (Significantly Overvalued). Among 731 Oil & Gas companies, Total Energy Services ranks better than 74.01% 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. Total Energy Services's Operating Income for the three months ended in Mar. 2026 was C$27 Mil. Total Energy Services's Interest Expense for the three months ended in Mar. 2026 was C$-1 Mil. Total Energy Services's interest coverage for the quarter that ended in Mar. 2026 was 34.52. The higher the ratio, the stronger the company's financial strength is.

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

TSX:TOT' s Interest Coverage Range Over the Past 10 Years
Min: 0.23   Med: 4.86   Max: 22.11
Current: 22.11


TSX:TOT's Interest Coverage is ranked better than
74.01% of 731 companies
in the Oil & Gas industry
Industry Median: 5.89 vs TSX:TOT: 22.11

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


Total Energy Services  (TSX:TOT) 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 .


Total Energy Services Interest Coverage Related Terms


Total Energy Services Interest Coverage Historical Data

* Premium members only.

The historical data trend for Total Energy Services'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.

Total Energy Services Interest Coverage Chart

Total Energy Services 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 6.84 4.86 9.79 18.85

Total Energy Services 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 17.75 17.74 16.19 24.86 34.52

TSX:TOT vs SLB, BKR, HAL: Interest Coverage Comparison

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


Total Energy Services Interest Coverage vs Oil & Gas Industry

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

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


TSX:TOT
80GF Score
Total Energy Services Inc TSX:TOT
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Total Energy Services 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.

Total Energy Services'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, Total Energy Services's Interest Expense was C$-5 Mil. Its Operating Income was C$93 Mil. And its Long-Term Debt & Capital Lease Obligation was C$75 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*93.24/-4.947
=18.85

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

Here, for the three months ended in Mar. 2026, Total Energy Services's Interest Expense was C$-1 Mil. Its Operating Income was C$27 Mil. And its Long-Term Debt & Capital Lease Obligation was C$65 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*27.129/-0.786
=34.52

* 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 34.52 mean?
Total Energy Services (TSX:TOT) has a Interest Coverage of 34.52 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Total Energy Services and its competitors. This is 610% above median its historical median of 4.86. Over the past decade, Total Energy Services' Interest Coverage has ranged from 0.23 to 22.11. According to the industry distribution chart, Total Energy Services ranks #190 out of 731 companies in the Oil & Gas industry, placing it in the top 26%.
Is Total Energy Services' Interest Coverage too high?
Total Energy Services' current Interest Coverage of 34.52 is 610% above median its 10-year median of 4.86. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 22.11. The Oil & Gas industry median Interest Coverage is 5.89. Total Energy Services' value of 34.52 is 486.1% above this industry median. Based on the distribution chart, Total Energy Services ranks #190 out of 731 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Total Energy Services has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Total Energy Services' Interest Coverage compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Total Energy Services ranks #190 out of 731 companies for Interest Coverage. This puts Total Energy Services in the upper half of its industry. The industry median Interest Coverage is 5.89. Total Energy Services' value of 34.52 is 486.1% above this benchmark. Historically, Total Energy Services' own Interest Coverage has ranged from 0.23 to 22.11 over the past decade. While the company's 10-year median is 4.86 vs. the industry median of 5.89, Total Energy Services 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 5.89, based on 731 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. Total Energy Services's current Interest Coverage of 34.52 is 486.1% 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 Total Energy Services and its competitors. For the Oil & Gas industry, the median Interest Coverage is 5.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Total Energy Services's current Interest Coverage is 34.52, which is 610% above median its own 10-year median of 4.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Total Energy Services stock overvalued right now?
Based on GuruFocus' analysis, Total Energy Services (TSX:TOT) is currently considered Significantly Overvalued. The stock's GF Value™ is C$14.20, compared to a current price of C$21.36 — trading 50.4% above its estimated fair value. The current Interest Coverage is 34.52, which is 610% above median its 10-year median of 4.86 and 486.1% above the Oil & Gas industry median of 5.89. Total Energy Services' overall GF Score™ is 80/100. 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 Total Energy Services (TSX:TOT), the current Interest Coverage is 34.52 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 Total Energy Services (TSX:TOT) Overvalued in 2026?

Based on GuruFocus' analysis, Total Energy Services stock appears to be overvalued. The current stock price of C$21.36 is trading 50.4% above its estimated GF Value™ of C$14.20. GuruFocus considers Total Energy Services to be Significantly Overvalued.

Key valuation signals for TSX:TOT:

  • Interest Coverage: 34.52 (610% above median its 10-year median of 4.86)
  • GF Value™: C$14.20 vs. price of C$21.36 (50.4% above fair value)
  • GF Score™: 80/100
  • Industry Position: 486.1% above the Oil & Gas median (#190 of 731)

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


Total Energy Services Business Description

Industry EnergyOil & Gas
Other Exchanges TOTZF:USA0S9F:UK5O7:Germany
Address 1000, 734-7th Av. S.W, Calgary, AB, CAN, T2P 3P8
Total Energy Services Inc is a diversified energy services provider based in Calgary, Alberta. The company provides various products and services to the energy and other resource industries in Canada, the United States and Australia, including contract drilling services, the rental and transportation of equipment used in energy and other industrial operations, the fabrication, sale, rental and servicing of gas compression and process equipment and well servicing. Its segments include Contract Drilling Services, Rentals and Transportation Services, Compression and Process Services, and Well Servicing. It derives majority of the revenue from Compression and Process Services segment that involves the design, manufacture, installation, start-up and service of compression and process equipment.
80GF Score

Get the complete analysis for TSX:TOT

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

C$21.36
Price
C$14.20
GF Value