Unit

Unit Interest Coverage

The Interest Coverage Ratio of Unit (UNTC) as of Oct 19, 2026 is 12.45. In the previous year, Interest Coverage Ratio was 4.04 — a change of 207.95% (higher).

Interest Coverage

12.45

YoY

207.95%

Last updated:

Interest Coverage Ratio of Unit is 2024 12.45 . Interest Coverage Ratio of Unit was 2023 4.04 . It decreases by 207.95% higher compared to the previous year.

The Unit Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
3.55 USD
Jan 1, 2018
0.94 USD
Jan 1, 2019
9.93 USD
Jan 1, 2020
-2.68 USD
Jan 1, 2021
0.62 USD
Jan 1, 2022
2.69 USD
Jan 1, 2023
4.04 USD
Jan 1, 2024
12.45 USD
The Unit Interest Coverage history
YEARInterest CoverageYoY
12.45+207.95%
4.04+50.37%
2.69+336.72%
0.62-122.98%
-2.68-126.99%
9.93+957.34%
0.94-73.54%
3.55-253.85%
-2.31-99.22%
-295.25-1,894.28%
16.46—

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Unit Stock analysis

What does Unit do? Unit Corp is a US-based energy company headquartered in Tulsa, Oklahoma. The company, listed under the ticker UNTC with ISIN US9092184061, has been publicly traded since its IPO on March 17, 1980. Unit Corp employs 653 full-time employees and operates primarily in the energy sector, focusing on oil and gas exploration, production, contract drilling, and natural gas gathering and processing. The company's operations are structured across three segments: Oil and Natural Gas, Contract Drilling, and Mid-Stream. The Oil and Natural Gas segment is responsible for exploring, developing, acquiring, and producing oil and natural gas properties for the company's own account. The Contract Drilling segment provides drilling services for onshore oil and natural gas wells, both for third parties and for the company's internal needs. The Mid-Stream segment handles the buying, selling, gathering, processing, and treating of natural gas for third parties and the company's own use. Unit Corp's assets, including producing oil and natural gas properties and related infrastructure, are predominantly located in Oklahoma and Texas, with additional presence in Arkansas, Kansas, and North Dakota. The company's website is https://unitcorp.com/. Unit is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Unit stock

Interest Coverage Ratio of Unit is 12.45 in 2024.

Interest Coverage Ratio of Unit changed from 4.04 to 12.45, representing a 207.95% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Unit 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 Unit with sector peers and the industry average to assess whether it is attractive.

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Leverage — Unit

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