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Hascol Petroleum (KAR:HASCOL) Interest Coverage : 0 (At Loss) (As of Dec. 2024)


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What is Hascol Petroleum 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. Hascol Petroleum's Operating Income for the three months ended in Dec. 2024 was ₨-3,369 Mil. Hascol Petroleum's Interest Expense for the three months ended in Dec. 2024 was ₨-2,677 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 Hascol Petroleum's Interest Coverage or its related term are showing as below:


KAR:HASCOL's Interest Coverage is not ranked *
in the Oil & Gas industry.
Industry Median: 5.88
* 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.


Hascol Petroleum Interest Coverage Historical Data

The historical data trend for Hascol Petroleum'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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Hascol Petroleum Interest Coverage Chart

Hascol Petroleum Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
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Hascol Petroleum Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 - - - 0.08 -

Competitive Comparison of Hascol Petroleum's Interest Coverage

For the Oil & Gas Refining & Marketing subindustry, Hascol Petroleum'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.


Hascol Petroleum's Interest Coverage Distribution in the Oil & Gas Industry

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

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


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Hascol Petroleum 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.

Hascol Petroleum'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, Hascol Petroleum's Interest Expense was ₨-10,388 Mil. Its Operating Income was ₨-3,838 Mil. And its Long-Term Debt & Capital Lease Obligation was ₨10,082 Mil.

Hascol Petroleum did not have earnings to cover the interest expense.

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

Here, for the three months ended in Dec. 2024, Hascol Petroleum's Interest Expense was ₨-2,677 Mil. Its Operating Income was ₨-3,369 Mil. And its Long-Term Debt & Capital Lease Obligation was ₨10,082 Mil.

Hascol Petroleum 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.


Hascol Petroleum  (KAR:HASCOL) 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 .


Hascol Petroleum Interest Coverage Related Terms

Thank you for viewing the detailed overview of Hascol Petroleum's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Hascol Petroleum Business Description

Traded in Other Exchanges
N/A
Address
Abdul Sattar Edhi Avenue, Block 4, Office No. 29, 29th floor, Sky Tower, West Wing (Tower A), Clifton, Dolmen City, Karachi, SD, PAK
Hascol Petroleum Ltd is engaged in the business of procurement, storage, and marketing of petroleum and related products such as high-speed diesel, gasoline, fuel oil, FUCHS lubricants.

Hascol Petroleum Headlines

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