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Petrobras Argentina (Petrobras Argentina) Interest Coverage : N/A (As of Dec. 2017)


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What is Petrobras Argentina 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. Petrobras Argentina's Operating Income for the three months ended in Dec. 2017 was $0.0 Mil. Petrobras Argentina's Interest Expense for the three months ended in Dec. 2017 was $0.0 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Petrobras Argentina's Interest Coverage or its related term are showing as below:


PZE's Interest Coverage is not ranked *
in the Oil & Gas industry.
Industry Median: 6.72
* 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.


Petrobras Argentina Interest Coverage Historical Data

The historical data trend for Petrobras Argentina'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.

* Premium members only.

Petrobras Argentina Interest Coverage Chart

Petrobras Argentina Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.83 0.82 3.00 0.51 1.86

Petrobras Argentina Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Jun14 Sep14 Dec14 Jun15 Sep15 Dec15 Jun16 Sep16 Dec16 Dec17
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 0.94 2.76 0.19 - N/A

Competitive Comparison of Petrobras Argentina's Interest Coverage

For the Oil & Gas Integrated subindustry, Petrobras Argentina'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.


Petrobras Argentina's Interest Coverage Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Petrobras Argentina's Interest Coverage falls into.



Petrobras Argentina 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.

Petrobras Argentina's Interest Coverage for the fiscal year that ended in Dec. 2017 is calculated as

Here, for the fiscal year that ended in Dec. 2017, Petrobras Argentina's Interest Expense was $-262.3 Mil. Its Operating Income was $488.3 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,944.3 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2017 )/Interest Expense (A: Dec. 2017 )
=-1*488.295/-262.32
=1.86

Petrobras Argentina's Interest Coverage for the quarter that ended in Dec. 2017 is calculated as

Here, for the three months ended in Dec. 2017, Petrobras Argentina's Interest Expense was $0.0 Mil. Its Operating Income was $0.0 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,944.3 Mil.

GuruFocus does not calculate Petrobras Argentina's interest coverage with the available data.

* 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.


Petrobras Argentina  (NYSE:PZE) 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 .


Petrobras Argentina Interest Coverage Related Terms

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


Petrobras Argentina (Petrobras Argentina) Business Description

Traded in Other Exchanges
N/A
Address
Maipu 1, Buenos Aires, ARG, C1084ABA
Petrobras Argentina SA engages in oil and gas exploration and production, refining and distribution, petrochemical manufacturing and gas and energy activities in Latin America.

Petrobras Argentina (Petrobras Argentina) Headlines

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