CNOOC

CNOOC Interest Coverage

The Interest Coverage Ratio of CNOOC (600938.SS) as of Oct 9, 2026 is 21.10. In the previous year, Interest Coverage Ratio was 20.43 — a change of 3.30% (higher).

Interest Coverage

21.10

YoY

3.30%

Last updated:

Interest Coverage Ratio of CNOOC is 2024 21.10 . Interest Coverage Ratio of CNOOC was 2023 20.43 . It decreases by 3.30% higher compared to the previous year.

The CNOOC Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2018
22.71 CNY
Jan 1, 2019
25.42 CNY
Jan 1, 2020
53.98 CNY
Jan 1, 2021
46.16 CNY
Jan 1, 2022
51.54 CNY
Jan 1, 2023
20.43 CNY
Jan 1, 2024
21.10 CNY
The CNOOC Interest Coverage history
YEARInterest CoverageYoY
21.10+3.30%
20.43-60.36%
51.54+11.65%
46.16-14.49%
53.98+112.32%
25.42+11.96%
22.71—
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CNOOC Stock analysis

What does CNOOC do? CNOOC is one of the most popular companies on Eulerpool.

Frequently Asked Questions about CNOOC stock

Interest Coverage Ratio of CNOOC is 21.10 in 2024.

Interest Coverage Ratio of CNOOC changed from 20.43 to 21.10, representing a 3.30% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio CNOOC since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's CNOOC with sector peers and the industry average to assess whether it is attractive.

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Leverage — CNOOC

All Key Metrics — CNOOC