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Ratio Petroleum Energy LP (XTAE:RTPT) Interest Coverage : 0 (At Loss) (As of Dec. 2024)


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What is Ratio Petroleum Energy LP 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. Ratio Petroleum Energy LP's Operating Income for the six months ended in Dec. 2024 was ₪-3.19 Mil. Ratio Petroleum Energy LP's Interest Expense for the six months ended in Dec. 2024 was ₪0.20 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 Ratio Petroleum Energy LP's Interest Coverage or its related term are showing as below:


XTAE:RTPT's Interest Coverage is not ranked *
in the Oil & Gas industry.
Industry Median: 5.845
* 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.


Ratio Petroleum Energy LP Interest Coverage Historical Data

The historical data trend for Ratio Petroleum Energy LP'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.

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Ratio Petroleum Energy LP Interest Coverage Chart

Ratio Petroleum Energy LP Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
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Ratio Petroleum Energy LP Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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Competitive Comparison of Ratio Petroleum Energy LP's Interest Coverage

For the Oil & Gas E&P subindustry, Ratio Petroleum Energy LP'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.


Ratio Petroleum Energy LP's Interest Coverage Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Ratio Petroleum Energy LP's Interest Coverage falls into.


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Ratio Petroleum Energy LP 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.

Ratio Petroleum Energy LP'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, Ratio Petroleum Energy LP's Interest Expense was ₪-0.04 Mil. Its Operating Income was ₪-16.22 Mil. And its Long-Term Debt & Capital Lease Obligation was ₪0.49 Mil.

Ratio Petroleum Energy LP did not have earnings to cover the interest expense.

Ratio Petroleum Energy LP's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, Ratio Petroleum Energy LP's Interest Expense was ₪0.20 Mil. Its Operating Income was ₪-3.19 Mil. And its Long-Term Debt & Capital Lease Obligation was ₪0.49 Mil.

* 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.


Ratio Petroleum Energy LP  (XTAE:RTPT) 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 .


Ratio Petroleum Energy LP Interest Coverage Related Terms

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Ratio Petroleum Energy LP Business Description

Traded in Other Exchanges
N/A
Address
85 Yehuda Halevy, Tel Aviv, ISR, 6579614
Ratio Petroleum Energy LP is engaged in the exploration, development, and production of oil and gas around the world. It holds petroleum rights in four different basins around the world in Guyana-Suriname, Ireland, and the Philippines.

Ratio Petroleum Energy LP Headlines

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