CADLF (Cadeler AS) Interest Coverage: 0.32 (As of Mar. 2026) — 97% Below Median


CADLF Cadeler AS CADLF
76 GF Score
Price $6.08
GF Value $17.30
! 8 Warning Signs
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What is Cadeler AS Interest Coverage?

Cadeler AS CADLF 76 Interest Coverage is 0.32 as of Mar. 2026, which is 97% below its 10-year median of 10.97. GuruFocus rates CADLF with a GF Score™ of 76/100 and a GF Value™ of $17.30. The stock has 8 warning signs investors should review. Among 1,354 Construction companies, Cadeler AS ranks worse than 51.85% 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. Cadeler AS's Operating Income for the three months ended in Mar. 2026 was $9.0 Mil. Cadeler AS's Interest Expense for the three months ended in Mar. 2026 was $-27.9 Mil. Cadeler AS's interest coverage for the quarter that ended in Mar. 2026 was 0.32. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Cadeler AS's Interest Coverage or its related term are showing as below:

CADLF' s Interest Coverage Range Over the Past 10 Years
Min: 1.18   Med: 10.97   Max: 26.94
Current: 7.31


CADLF's Interest Coverage is ranked worse than
51.85% of 1354 companies
in the Construction industry
Industry Median: 7.865 vs CADLF: 7.31

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


Cadeler AS  (OTCPK:CADLF) 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 .


Cadeler AS Interest Coverage Related Terms


Cadeler AS Interest Coverage Historical Data

* Premium members only.

The historical data trend for Cadeler AS'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.

Cadeler AS Interest Coverage Chart

Cadeler AS Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only 3.24 26.94 7.70 24.83 14.24

Cadeler AS Quarterly Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 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 2.33 0.00 6.35 8.31 0.32

CADLF vs PWR, FIX, EME: Interest Coverage Comparison

For the Engineering & Construction subindustry, Cadeler AS'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.


Cadeler AS Interest Coverage vs Construction Industry

For the Construction industry and Industrials sector, Cadeler AS's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Cadeler AS's Interest Coverage falls into.


CADLF
76GF Score
Cadeler AS CADLF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cadeler AS 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.

Cadeler AS'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, Cadeler AS's Interest Expense was $-25.7 Mil. Its Operating Income was $366.2 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,764.8 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*366.21/-25.708
=14.24

Cadeler AS's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Cadeler AS's Interest Expense was $-27.9 Mil. Its Operating Income was $9.0 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,697.4 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*9.001/-27.945
=0.32

* 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 0.32 mean?
Cadeler AS (CADLF) has a Interest Coverage of 0.32 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Cadeler AS and its competitors. This is 97% below median its historical median of 10.97. Over the past decade, Cadeler AS's Interest Coverage has ranged from 1.18 to 26.94. According to the industry distribution chart, Cadeler AS ranks #702 out of 1354 companies in the Construction industry, placing it in the top 51.8%.
Is Cadeler AS's Interest Coverage too high?
Cadeler AS's current Interest Coverage of 0.32 is 97% below median its 10-year median of 10.97. Over the past 10 years, this metric has ranged from a low of 1.18 to a high of 26.94. The Construction industry median Interest Coverage is 7.87. Cadeler AS's value of 0.32 is 95.9% below this industry median. Based on the distribution chart, Cadeler AS ranks #702 out of 1354 companies in the Construction industry, which is below the industry midpoint. Overall, Cadeler AS has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Cadeler AS's Interest Coverage compare to PWR and FIX?
According to the Construction industry distribution chart, Cadeler AS ranks #702 out of 1354 companies for Interest Coverage. This places Cadeler AS in the lower half of its industry. The industry median Interest Coverage is 7.87. Cadeler AS's value of 0.32 is 95.9% below this benchmark. Historically, Cadeler AS's own Interest Coverage has ranged from 1.18 to 26.94 over the past decade. While the company's 10-year median is 10.97 vs. the industry median of 7.87, Cadeler AS 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 Construction company?
The median Interest Coverage among Construction companies is 7.87, based on 1,354 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. Cadeler AS's current Interest Coverage of 0.32 is 95.9% 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 Cadeler AS and its competitors. For the Construction industry, the median Interest Coverage is 7.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cadeler AS's current Interest Coverage is 0.32, which is 97% below median its own 10-year median of 10.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cadeler AS stock overvalued right now?
Cadeler AS (CADLF) has a current Interest Coverage of 0.32. The stock's GF Value™ is $17.30, compared to a current price of $6.08 — trading 64.8% below its estimated fair value. The current Interest Coverage is 0.32, which is 97% below median its 10-year median of 10.97 and 95.9% below the Construction industry median of 7.87. Cadeler AS's overall GF Score™ is 76/100 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 Cadeler AS (CADLF), the current Interest Coverage is 0.32 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 Cadeler AS (CADLF) Overvalued in 2026?

Based on GuruFocus' analysis, Cadeler AS stock appears to be undervalued. The current stock price of $6.08 is trading 64.8% below its estimated GF Value™ of $17.30.

Key valuation signals for CADLF:

  • Interest Coverage: 0.32 (97% below median its 10-year median of 10.97)
  • GF Value™: $17.30 vs. price of $6.08 (64.8% below fair value)
  • GF Score™: 76/100 with 8 warning signs
  • Industry Position: 95.9% below the Construction median (#702 of 1354)

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


Cadeler AS Business Description

Address Kalvebod Brygge 43, Copenhagen, DNK, 1560
Cadeler AS is an offshore wind installation vessel contractor. It currently operates various offshore jack-up wind installation vessels, with new builds on order. The Group operates within the market for the transportation and installation of offshore wind turbine generators (WTGs) and their foundations. In addition to wind farm installation, its vessels can perform maintenance, decommissioning, and other general construction tasks within the offshore industry. Cadler's customer base consists of offshore wind farm developers, original equipment manufacturers, and various offshore contractors. Geographically, the Group generates maximum revenue from the United States and the rest from the United Kingdom, Taiwan, Germany, Denmark, Poland, and other regions.
76GF Score

Get the complete analysis for CADLF

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

$6.08
Price
$17.30
GF Value