Market Cap : 119.19 B | Enterprise Value : 131.7 B | PE Ratio : 9.65 | PB Ratio : 2.46 |
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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. ConocoPhillips's Operating Income for the three months ended in Jun. 2022 was $7,117 Mil. ConocoPhillips's Interest Expense for the three months ended in Jun. 2022 was $-272 Mil. ConocoPhillips's interest coverage for the quarter that ended in Jun. 2022 was 26.17. The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for ConocoPhillips's Interest Coverage or its related term are showing as below:
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
The historical data trend for ConocoPhillips'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.
For the Oil & Gas E&P subindustry, ConocoPhillips'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.
For the Oil & Gas industry and Energy sector, ConocoPhillips's Interest Coverage distribution charts can be found below:
* The bar in red indicates where ConocoPhillips'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:
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. |
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
ConocoPhillips's Interest Coverage for the fiscal year that ended in Dec. 2021 is calculated as
Here, for the fiscal year that ended in Dec. 2021, ConocoPhillips's Interest Expense was $-1,126 Mil. Its Operating Income was $12,071 Mil. And its Long-Term Debt & Capital Lease Obligation was $18,734 Mil.
Interest Coverage | = | -1 | * | Operating Income (A: Dec. 2021 ) | / | Interest Expense (A: Dec. 2021 ) |
= | -1 | * | 12071 | / | -1126 | |
= | 10.72 |
ConocoPhillips's Interest Coverage for the quarter that ended in Jun. 2022 is calculated as
Here, for the three months ended in Jun. 2022, ConocoPhillips's Interest Expense was $-272 Mil. Its Operating Income was $7,117 Mil. And its Long-Term Debt & Capital Lease Obligation was $16,295 Mil.
Interest Coverage | = | -1 | * | Operating Income (Q: Jun. 2022 ) | / | Interest Expense (Q: Jun. 2022 ) |
= | -1 | * | 7117 | / | -272 | |
= | 26.17 |
* 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.
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 .
Thank you for viewing the detailed overview of ConocoPhillips's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.
Harper Jack F | officer: Executive Vice President | SHIPPING & RECEIVING CENTER 16930 PARK ROW DR. HOUSTON TX 77084 |
Haynes Welsh Kontessa S | officer: Chief Accounting Officer | SHIPPING & RECEIVING 16930 PARK ROW DR. HOUSTON TX 77084 |
Sirdashney Heather G | officer: Vice President | SHIPPING & RECEIVING CENTER 16930 PARK ROW DR. HOUSTON TX 77084 |
Leach Timothy A | director, officer: Executive Vice President | 7220 MEADOW ROAD DALLAS TX 75230 |
Mullins Eric D. | director | HERITAGE PLAZA, 1111 BAGBY STREET SUITE 4600 HOUSTON TX 77002 |
Olds Nicholas G | officer: Senior Vice President | SHIPPING & RECEIVING CENTER 16930 PARK ROW DR. HOUSTON TX 77084 |
Walker R A | director | 1201 LAKE ROBBINS DRIVE THE WOODLANDS TX 77380 |
Seaton David Thomas | director | 6700 LAS COLINAS BOULEVARD IRVING TX 75039 |
Macklon Dominic E. | officer: President | SHIPPING & RECEIVING CENTER 16930 PARK ROW DR. HOUSTON TX 77084 |
Bullock William L. Jr. | officer: President | SHIPPING & RECEIVING CENTER 16930 PARK ROW DR. HOUSTON TX 77084 |
Hatfield Michael D. | officer: President | SHIPPING & RECEIVING CENTER 16930 PARK ROW DR. HOUSTON TX 77084 |
Brooks Catherine A. | officer: VP & Controller | SHIPPING & RECEIVING CENTER 16930 PARK ROW DR. HOUSTON TX 77084 |
Mcraven William H. | director | SHIPPING & RECEIVING CENTER 16930 PARK ROW DR. HOUSTON TX 77084 |
Rose Kelly Brunetti | officer: SVP & General Counsel | SHIPPING & RECEIVING CENTER 16930 PARK ROW DR. HOUSTON TX 77084 |
Joerres Jeffrey A | director | 5301 NORTH IRONWOOD ROAD MILWAUKEE WI 53217 |
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