AKASF (AKVA Group ASA) Interest Coverage: 2.78 (As of Mar. 2026) — 21% Above Median


AKASF AKVA Group ASA AKASF
77 GF Score
Price $5.46
GF Value $3.58
! 8 Warning Signs
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What is AKVA Group ASA Interest Coverage?

AKVA Group ASA AKASF 77 Interest Coverage is 2.78 as of Mar. 2026, which is 21% above its 10-year median of 2.30. GuruFocus rates AKASF with a GF Score™ of 77/100 and a GF Value™ of $3.58. The stock has 8 warning signs investors should review. Among 169 Farm & Heavy Construction Machinery companies, AKVA Group ASA ranks worse than 80.47% on this metric.

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. AKVA Group ASA's Operating Income for the three months ended in Mar. 2026 was $9.4 Mil. AKVA Group ASA's Interest Expense for the three months ended in Mar. 2026 was $-3.4 Mil. AKVA Group ASA's interest coverage for the quarter that ended in Mar. 2026 was 2.78. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for AKVA Group ASA's Interest Coverage or its related term are showing as below:

AKASF' s Interest Coverage Range Over the Past 10 Years
Min: 0.53   Med: 2.3   Max: 6.85
Current: 3.02


AKASF's Interest Coverage is ranked worse than
80.47% of 169 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 9.32 vs AKASF: 3.02

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


AKVA Group ASA  (OTCPK:AKASF) 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 .


AKVA Group ASA Interest Coverage Related Terms


AKVA Group ASA Interest Coverage Historical Data

* Premium members only.

The historical data trend for AKVA Group ASA'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.

AKVA Group ASA Interest Coverage Chart

AKVA Group ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.44 0.00 0.53 1.67 2.30

AKVA Group ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3.20 3.39 4.02 1.95 2.78

AKASF vs CAT, DE, PCAR: Interest Coverage Comparison

For the Farm & Heavy Construction Machinery subindustry, AKVA Group ASA'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.


AKVA Group ASA Interest Coverage vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, AKVA Group ASA's Interest Coverage distribution charts can be found below:

* The bar in red indicates where AKVA Group ASA's Interest Coverage falls into.


AKASF
77GF Score
AKVA Group ASA AKASF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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AKVA Group ASA 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.

AKVA Group ASA's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, AKVA Group ASA's Interest Expense was $-10.8 Mil. Its Operating Income was $24.9 Mil. And its Long-Term Debt & Capital Lease Obligation was $135.2 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*24.872/-10.797
=2.30

AKVA Group ASA's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, AKVA Group ASA's Interest Expense was $-3.4 Mil. Its Operating Income was $9.4 Mil. And its Long-Term Debt & Capital Lease Obligation was $135.6 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*9.385/-3.378
=2.78

* 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 2.78 mean?
AKVA Group ASA (AKASF) has a Interest Coverage of 2.78 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on AKVA Group ASA and its competitors. This is 21% above median its historical median of 2.30. Over the past decade, AKVA Group ASA's Interest Coverage has ranged from 0.53 to 6.85. According to the industry distribution chart, AKVA Group ASA ranks #136 out of 169 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 80.5%.
Is AKVA Group ASA's Interest Coverage too high?
AKVA Group ASA's current Interest Coverage of 2.78 is 21% above median its 10-year median of 2.30. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 6.85. The Farm & Heavy Construction Machinery industry median Interest Coverage is 9.32. AKVA Group ASA's value of 2.78 is 70.2% below this industry median. Based on the distribution chart, AKVA Group ASA ranks #136 out of 169 companies in the Farm & Heavy Construction Machinery industry, which is in the bottom quartile relative to peers. Overall, AKVA Group ASA has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does AKVA Group ASA's Interest Coverage compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, AKVA Group ASA ranks #136 out of 169 companies for Interest Coverage. This places AKVA Group ASA in the lower half of its industry. The industry median Interest Coverage is 9.32. AKVA Group ASA's value of 2.78 is 70.2% below this benchmark. Historically, AKVA Group ASA's own Interest Coverage has ranged from 0.53 to 6.85 over the past decade. While the company's 10-year median is 2.30 vs. the industry median of 9.32, AKVA Group ASA has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Farm & Heavy Construction Machinery company?
The median Interest Coverage among Farm & Heavy Construction Machinery companies is 9.32, based on 169 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. AKVA Group ASA's current Interest Coverage of 2.78 is 70.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on AKVA Group ASA and its competitors. For the Farm & Heavy Construction Machinery industry, the median Interest Coverage is 9.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AKVA Group ASA's current Interest Coverage is 2.78, which is 21% above median its own 10-year median of 2.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AKVA Group ASA stock overvalued right now?
AKVA Group ASA (AKASF) has a current Interest Coverage of 2.78. The stock's GF Value™ is $3.58, compared to a current price of $5.46 — trading 52.5% above its estimated fair value. The current Interest Coverage is 2.78, which is 21% above median its 10-year median of 2.30 and 70.2% below the Farm & Heavy Construction Machinery industry median of 9.32. AKVA Group ASA's overall GF Score™ is 77/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For AKVA Group ASA (AKASF), the current Interest Coverage is 2.78 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is AKVA Group ASA (AKASF) Overvalued in 2026?

Based on GuruFocus' analysis, AKVA Group ASA stock appears to be overvalued. The current stock price of $5.46 is trading 52.5% above its estimated GF Value™ of $3.58.

Key valuation signals for AKASF:

  • Interest Coverage: 2.78 (21% above median its 10-year median of 2.30)
  • GF Value™: $3.58 vs. price of $5.46 (52.5% above fair value)
  • GF Score™: 77/100 with 8 warning signs
  • Industry Position: 70.2% below the Farm & Heavy Construction Machinery median (#136 of 169)

No single metric tells the full story. See the AKASF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AKVA Group ASA Business Description

Address Svanavagveien 30, Egersund, NOR, N-4374
AKVA Group ASA is a technology and service partner in the aquaculture industry. The company has three operating segments; Sea-Based Technology includes products like feed barges, fish farming cages, feed systems, nets, sensors, cameras, light systems, net cleaning systems, and remotely operating vehicles, Land Based Technology includes Recirculation technology that allows re-use of the water by cleaning the water and restoring important water quality parameters, using water treatment technology, and Digital includes products like FishtalkTM, AKVAconnect, and Observe. The FishtalkTM software includes brands such as Production control, planning, traceability, and ERP software for both the aquaculture and the fishing industry.
77GF Score

Get the complete analysis for AKASF

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$5.46
Price
$3.58
GF Value