Thrace Plastics Holding and Commercial (ATH:PLAT) Interest Coverage: 9.86 (As of Mar. 2026) — 89% Above Median


ATH:PLAT Thrace Plastics Holding and Commercial SA ATH:PLAT
78 GF Score
Price €4.64
GF Value €4.44
Valuation Fairly Valued
! 11 Warning Signs
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What is Thrace Plastics Holding and Commercial Interest Coverage?

Thrace Plastics Holding and Commercial ATH:PLAT -2.11% 78 Interest Coverage is 9.86 as of Mar. 2026, which is 89% above its 10-year median of 5.22. GuruFocus rates ATH:PLAT with a GF Score™ of 78/100 and a GF Value™ of €4.44 (Fairly Valued). The stock has 11 warning signs investors should review. Among 742 Manufacturing - Apparel & Accessories companies, Thrace Plastics Holding and Commercial ranks better than 52.7% 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. Thrace Plastics Holding and Commercial's Operating Income for the three months ended in Mar. 2026 was €7.8 Mil. Thrace Plastics Holding and Commercial's Interest Expense for the three months ended in Mar. 2026 was €-0.8 Mil. Thrace Plastics Holding and Commercial's interest coverage for the quarter that ended in Mar. 2026 was 9.86. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Thrace Plastics Holding and Commercial's Interest Coverage or its related term are showing as below:

ATH:PLAT' s Interest Coverage Range Over the Past 10 Years
Min: 3.15   Med: 5.22   Max: 41.78
Current: 6.27


ATH:PLAT's Interest Coverage is ranked better than
52.7% of 742 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.435 vs ATH:PLAT: 6.27

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


Thrace Plastics Holding and Commercial  (ATH:PLAT) 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 .


Thrace Plastics Holding and Commercial Interest Coverage Related Terms


Thrace Plastics Holding and Commercial Interest Coverage Historical Data

* Premium members only.

The historical data trend for Thrace Plastics Holding and Commercial'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.

Thrace Plastics Holding and Commercial Interest Coverage Chart

Thrace Plastics Holding and Commercial 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 41.78 14.05 6.47 4.29 6.15

Thrace Plastics Holding and Commercial 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 3.64 6.65 5.40 3.67 9.86

ATH:PLAT vs AIN: Interest Coverage Comparison

For the Textile Manufacturing subindustry, Thrace Plastics Holding and Commercial'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.


Thrace Plastics Holding and Commercial Interest Coverage vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Thrace Plastics Holding and Commercial's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Thrace Plastics Holding and Commercial's Interest Coverage falls into.


ATH:PLAT
78GF Score
Thrace Plastics Holding and Commercial SA ATH:PLAT
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thrace Plastics Holding and Commercial 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.

Thrace Plastics Holding and Commercial'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, Thrace Plastics Holding and Commercial's Interest Expense was €-3.2 Mil. Its Operating Income was €19.7 Mil. And its Long-Term Debt & Capital Lease Obligation was €39.4 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*19.746/-3.21
=6.15

Thrace Plastics Holding and Commercial's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Thrace Plastics Holding and Commercial's Interest Expense was €-0.8 Mil. Its Operating Income was €7.8 Mil. And its Long-Term Debt & Capital Lease Obligation was €50.6 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*7.827/-0.794
=9.86

* 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 9.86 mean?
Thrace Plastics Holding and Commercial (ATH:PLAT) has a Interest Coverage of 9.86 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Thrace Plastics Holding and Commercial and its competitors. This is 89% above median its historical median of 5.22. Over the past decade, Thrace Plastics Holding and Commercial's Interest Coverage has ranged from 3.15 to 41.78. According to the industry distribution chart, Thrace Plastics Holding and Commercial ranks #351 out of 742 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 47.3%.
Is Thrace Plastics Holding and Commercial's Interest Coverage too high?
Thrace Plastics Holding and Commercial's current Interest Coverage of 9.86 is 89% above median its 10-year median of 5.22. Over the past 10 years, this metric has ranged from a low of 3.15 to a high of 41.78. The Manufacturing - Apparel & Accessories industry median Interest Coverage is 5.44. Thrace Plastics Holding and Commercial's value of 9.86 is 81.4% above this industry median. Based on the distribution chart, Thrace Plastics Holding and Commercial ranks #351 out of 742 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Thrace Plastics Holding and Commercial has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Thrace Plastics Holding and Commercial's Interest Coverage compare to AIN?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Thrace Plastics Holding and Commercial ranks #351 out of 742 companies for Interest Coverage. This puts Thrace Plastics Holding and Commercial in the upper half of its industry. The industry median Interest Coverage is 5.44. Thrace Plastics Holding and Commercial's value of 9.86 is 81.4% above this benchmark. Historically, Thrace Plastics Holding and Commercial's own Interest Coverage has ranged from 3.15 to 41.78 over the past decade. While the company's 10-year median is 5.22 vs. the industry median of 5.44, Thrace Plastics Holding and Commercial has consistently been above 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 Manufacturing - Apparel & Accessories company?
The median Interest Coverage among Manufacturing - Apparel & Accessories companies is 5.44, based on 742 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. Thrace Plastics Holding and Commercial's current Interest Coverage of 9.86 is 81.4% above 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 Thrace Plastics Holding and Commercial and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Interest Coverage is 5.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thrace Plastics Holding and Commercial's current Interest Coverage is 9.86, which is 89% above median its own 10-year median of 5.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thrace Plastics Holding and Commercial stock overvalued right now?
Based on GuruFocus' analysis, Thrace Plastics Holding and Commercial (ATH:PLAT) is currently considered Fairly Valued. The stock's GF Value™ is €4.44, compared to a current price of €4.64 — trading 4.5% above its estimated fair value. The current Interest Coverage is 9.86, which is 89% above median its 10-year median of 5.22 and 81.4% above the Manufacturing - Apparel & Accessories industry median of 5.44. Thrace Plastics Holding and Commercial's overall GF Score™ is 78/100 with 11 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 Thrace Plastics Holding and Commercial (ATH:PLAT), the current Interest Coverage is 9.86 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 Thrace Plastics Holding and Commercial (ATH:PLAT) Overvalued in 2026?

Based on GuruFocus' analysis, Thrace Plastics Holding and Commercial stock appears to be overvalued. The current stock price of €4.64 is trading 4.5% above its estimated GF Value™ of €4.44. GuruFocus considers Thrace Plastics Holding and Commercial to be Fairly Valued.

Key valuation signals for ATH:PLAT:

  • Interest Coverage: 9.86 (89% above median its 10-year median of 5.22)
  • GF Value™: €4.44 vs. price of €4.64 (4.5% above fair value)
  • GF Score™: 78/100 with 11 warning signs
  • Industry Position: 81.4% above the Manufacturing - Apparel & Accessories median (#351 of 742)

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


Thrace Plastics Holding and Commercial Business Description

Other Exchanges TP3:Germany
Address 20 Marinou Antypa Street, Alimos, Attica, Athens, GRC, 17455
Thrace Plastics Holding and Commercial SA are engaged in the production and distribution of polypropylene products. The business segments of the company are the technical fabrics sector which is concerned with the production and trade of synthetic fabrics for industrial and technical uses; packaging sector which is concerned with production and trade of industrial products, including mainly bags and palletizing film for the packaging of fertilizers, fish feed, animal feed and chemical and inert materials; and Other, that includes agriculture sector. Geographically, the company generates majority of its revenue from European Union Countries.
78GF Score

Get the complete analysis for ATH:PLAT

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

€4.64
Price
€4.44
GF Value