Sequa Petroleum NV (XPAR:MLSEQ) Interest Coverage: 0 (At Loss) (As of Dec. 2024)


What is Sequa Petroleum NV Interest Coverage?

Sequa Petroleum NV XPAR:MLSEQ Interest Coverage is 0 (At Loss) as of Dec. 2024. The stock has 3 warning signs investors should review.

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. Sequa Petroleum NV's Operating Income for the six months ended in Dec. 2024 was €-3.00 Mil. Sequa Petroleum NV's Interest Expense for the six months ended in Dec. 2024 was €-0.10 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 Sequa Petroleum NV's Interest Coverage or its related term are showing as below:


XPAR:MLSEQ's Interest Coverage is not ranked *
in the Oil & Gas industry.
Industry Median: 5.84
* 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.


Sequa Petroleum NV  (XPAR:MLSEQ) 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 .


Sequa Petroleum NV Interest Coverage Related Terms


Sequa Petroleum NV Interest Coverage Historical Data

* Premium members only.

The historical data trend for Sequa Petroleum NV'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.

Sequa Petroleum NV Interest Coverage Chart

Sequa Petroleum NV Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Sequa Petroleum NV Semi-Annual Data
Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

XPAR:MLSEQ vs COP, EOG, OXY: Interest Coverage Comparison

For the Oil & Gas E&P subindustry, Sequa Petroleum NV'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.


Sequa Petroleum NV Interest Coverage vs Oil & Gas Industry

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

* The bar in red indicates where Sequa Petroleum NV's Interest Coverage falls into.



Sequa Petroleum NV 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.

Sequa Petroleum NV's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Sequa Petroleum NV's Interest Expense was €-0.10 Mil. Its Operating Income was €-3.00 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

Sequa Petroleum NV did not have earnings to cover the interest expense.

Sequa Petroleum NV's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, Sequa Petroleum NV's Interest Expense was €-0.10 Mil. Its Operating Income was €-3.00 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

Sequa Petroleum NV 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.

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 0 (At Loss) mean?
Sequa Petroleum NV (XPAR:MLSEQ) has a Interest Coverage of 0 (At Loss) as of Dec. 2024. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Sequa Petroleum NV and its competitors.
Is Sequa Petroleum NV's Interest Coverage too high?
Sequa Petroleum NV's current Interest Coverage is 0 (At Loss).
How does Sequa Petroleum NV's Interest Coverage compare to COP and EOG?
Sequa Petroleum NV's Interest Coverage of 0 (At Loss) can be compared against companies in the Oil & Gas industry. The industry median Interest Coverage is 5.84. 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. 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 Sequa Petroleum NV 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. Sequa Petroleum NV'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 Sequa Petroleum NV stock overvalued right now?
Sequa Petroleum NV (XPAR:MLSEQ) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). 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 Sequa Petroleum NV (XPAR:MLSEQ), the current Interest Coverage is 0 (At Loss) as of Dec. 2024. 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.

Sequa Petroleum NV Business Description

Industry EnergyOil & Gas
Address 23 Savile Row, Fifth Floor, London, GBR, W1S 2ET
Sequa Petroleum NV is a United Kingdom-based oil and gas company. The Company is engaged in the exploration, appraisal, development and production of oil and gas assets, both onshore and offshore, in jurisdictions around the globe. Its geographic investment focus on the United Kingdom/ North Sea, Central and West Africa, and other Europe, Middle East, and Africa (EMEA).