Avance Gas Holding Ltd

Oslo Stock Exchange AGAS.OL

Avance Gas Holding Ltd Interest Coverage Ratio for the year ending December 31, 2023: 7.76

Avance Gas Holding Ltd Interest Coverage Ratio is 7.76 for the year ending December 31, 2023, a 24.06% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.
  • Avance Gas Holding Ltd Interest Coverage Ratio for the year ending December 31, 2022 was 6.26, a 144.41% change year over year.
  • Avance Gas Holding Ltd Interest Coverage Ratio for the year ending December 31, 2021 was 2.56, a -42.42% change year over year.
  • Avance Gas Holding Ltd Interest Coverage Ratio for the year ending December 31, 2020 was 4.45, a 46.60% change year over year.
  • Avance Gas Holding Ltd Interest Coverage Ratio for the year ending December 31, 2019 was 3.03, a 542.87% change year over year.
Key data
Date Interest Coverage Ratio Debt to Equity Ratio Interest Expense To Sales Inventory Turnover Ratio
Market news
SV Wall Street
Oslo Stock Exchange: AGAS.OL

Avance Gas Holding Ltd

CEO Ms. Randi Navdal Bekkelund
IPO Date April 15, 2014
Location Bermuda
Headquarters Par-la-Ville Place
Employees 7
Sector Energy
Industries
Gas Maritime Shipping Oil & Gas Pipeline Transport
Description

Avance Gas Holding Ltd, together with its subsidiaries, engages in the transportation of liquefied petroleum gas (LPG). The company transports LPG from the Persian Gulf and the United States Gulf/the United States East Coast to destinations in Europe, South America, India, and Asia. As of December 31, 2021, it owned and operated through a fleet of thirteen very large gas carriers. The company was founded in 2007 and is based in Hamilton, Bermuda. Avance Gas Holding Ltd is a subsidiary of Hemen Holding Ltd.

StockViz Staff

February 11, 2025

Any question? Send us an email