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Santa Fe Petroleum (Santa Fe Petroleum) Interest Coverage

: 0 (At Loss) (As of Sep. 2013)
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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. Santa Fe Petroleum's Operating Income for the three months ended in Sep. 2013 was $-0.12 Mil. Santa Fe Petroleum's Interest Expense for the three months ended in Sep. 2013 was $-0.00 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

(1) 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.

The historical rank and industry rank for Santa Fe Petroleum's Interest Coverage or its related term are showing as below:


SFPI's Interest Coverage is not ranked *
in the Oil & Gas industry.
Industry Median: 6.67
* 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.


Santa Fe Petroleum Interest Coverage Historical Data

The historical data trend for Santa Fe 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.

* Premium members only.

Santa Fe Petroleum Annual Data
Trend Dec10 Dec11 Dec12
Interest Coverage
No Debt No Debt No Debt

Santa Fe Petroleum Quarterly Data
Dec10 Mar11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
Interest Coverage Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt No Debt - - -

Competitive Comparison

For the Oil & Gas E&P subindustry, Santa Fe 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.


Santa Fe Petroleum Interest Coverage Distribution

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

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



Santa Fe 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.

Santa Fe Petroleum's Interest Coverage for the fiscal year that ended in Dec. 2012 is calculated as

Here, for the fiscal year that ended in Dec. 2012, Santa Fe Petroleum's Interest Expense was $0.00 Mil. Its Operating Income was $-0.61 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Santa Fe Petroleum had no debt (1).

Santa Fe Petroleum's Interest Coverage for the quarter that ended in Sep. 2013 is calculated as

Here, for the three months ended in Sep. 2013, Santa Fe Petroleum's Interest Expense was $-0.00 Mil. Its Operating Income was $-0.12 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.59 Mil.

Santa Fe 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.


Santa Fe Petroleum  (OTCPK:SFPI) 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 .


Santa Fe Petroleum Interest Coverage Related Terms

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Santa Fe Petroleum (Santa Fe Petroleum) Business Description

Traded in Other Exchanges
N/A
Address
1333 West McDermott Drive, Suite 200, Allen, TX, USA, 75013
Santa Fe Petroleum Inc is a United States based development stage oil and gas company. It produces, develops and explores oil and natural gas.
Executives
Bruce Arthur Hall director, officer: CEO, CFO 836 BLUE JAY LANE, COPPELL TX 75019

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