Granges AB (CHIX:GRNGS) Interest Coverage: 7.52 (As of Mar. 2026) — 25% Above Median


CHIX:GRNGS Granges AB CHIX:GRNGS
94 GF Score
Price kr186.40
GF Value kr170.41
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Granges AB Interest Coverage?

Granges AB CHIX:GRNGS 94 Interest Coverage is 7.52 as of Mar. 2026, which is 25% above its 10-year median of 6.03. GuruFocus rates CHIX:GRNGS with a GF Score™ of 94/100 and a GF Value™ of kr170.41 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,314 Metals & Mining companies, Granges AB ranks worse than 86.91% 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. Granges AB's Operating Income for the three months ended in Mar. 2026 was kr459 Mil. Granges AB's Interest Expense for the three months ended in Mar. 2026 was kr-61 Mil. Granges AB's interest coverage for the quarter that ended in Mar. 2026 was 7.52. The higher the ratio, the stronger the company's financial strength is.

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

CHIX:GRNGs' s Interest Coverage Range Over the Past 10 Years
Min: 4.88   Med: 6.03   Max: 13.74
Current: 6.33


CHIX:GRNGs's Interest Coverage is ranked worse than
86.91% of 1314 companies
in the Metals & Mining industry
Industry Median: No Debt vs CHIX:GRNGs: 6.33

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


Granges AB  (CHIX:GRNGs) 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 .


Granges AB Interest Coverage Related Terms


Granges AB Interest Coverage Historical Data

* Premium members only.

The historical data trend for Granges AB'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.

Granges AB Interest Coverage Chart

Granges AB 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 12.47 4.98 4.88 5.92 5.86

Granges AB 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 5.24 6.51 5.38 6.11 7.52

CHIX:GRNGS vs AA: Interest Coverage Comparison

For the Aluminum subindustry, Granges AB'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.


Granges AB Interest Coverage vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Granges AB's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Granges AB's Interest Coverage falls into.


CHIX:GRNGS
94GF Score
Granges AB CHIX:GRNGS
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Granges AB 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.

Granges AB'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, Granges AB's Interest Expense was kr-276 Mil. Its Operating Income was kr1,616 Mil. And its Long-Term Debt & Capital Lease Obligation was kr1,874 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*1616/-276
=5.86

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

Here, for the three months ended in Mar. 2026, Granges AB's Interest Expense was kr-61 Mil. Its Operating Income was kr459 Mil. And its Long-Term Debt & Capital Lease Obligation was kr1,858 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*459/-61
=7.52

* 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 7.52 mean?
Granges AB (CHIX:GRNGS) has a Interest Coverage of 7.52 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Granges AB and its competitors. This is 25% above median its historical median of 6.03. Over the past decade, Granges AB's Interest Coverage has ranged from 4.88 to 13.74. According to the industry distribution chart, Granges AB ranks #1142 out of 1314 companies in the Metals & Mining industry, placing it in the top 86.9%.
Is Granges AB's Interest Coverage too high?
Granges AB's current Interest Coverage of 7.52 is 25% above median its 10-year median of 6.03. Over the past 10 years, this metric has ranged from a low of 4.88 to a high of 13.74. The Metals & Mining industry median Interest Coverage is 10,000.00. Granges AB's value of 7.52 is 99.9% below this industry median. Based on the distribution chart, Granges AB ranks #1142 out of 1314 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Granges AB has a GF Score™ of 94/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Granges AB's Interest Coverage compare to AA?
According to the Metals & Mining industry distribution chart, Granges AB ranks #1142 out of 1314 companies for Interest Coverage. This places Granges AB in the lower half of its industry. The industry median Interest Coverage is 10,000.00. Granges AB's value of 7.52 is 99.9% below this benchmark. Historically, Granges AB's own Interest Coverage has ranged from 4.88 to 13.74 over the past decade. While the company's 10-year median is 6.03 vs. the industry median of 10,000.00, Granges AB 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 Metals & Mining company?
The median Interest Coverage among Metals & Mining companies is 10,000.00, based on 1,314 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. Granges AB's current Interest Coverage of 7.52 is 99.9% 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 Granges AB and its competitors. For the Metals & Mining industry, the median Interest Coverage is 10,000.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Granges AB's current Interest Coverage is 7.52, which is 25% above median its own 10-year median of 6.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Granges AB stock overvalued right now?
Based on GuruFocus' analysis, Granges AB (CHIX:GRNGS) is currently considered Modestly Overvalued. The stock's GF Value™ is kr170.41, compared to a current price of kr186.40 — trading 9.4% above its estimated fair value. The current Interest Coverage is 7.52, which is 25% above median its 10-year median of 6.03 and 99.9% below the Metals & Mining industry median of 10,000.00. Granges AB's overall GF Score™ is 94/100 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 Granges AB (CHIX:GRNGS), the current Interest Coverage is 7.52 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 Granges AB (CHIX:GRNGS) Overvalued in 2026?

Based on GuruFocus' analysis, Granges AB stock appears to be overvalued. The current stock price of kr186.40 is trading 9.4% above its estimated GF Value™ of kr170.41. GuruFocus considers Granges AB to be Modestly Overvalued.

Key valuation signals for CHIX:GRNGS:

  • Interest Coverage: 7.52 (25% above median its 10-year median of 6.03)
  • GF Value™: kr170.41 vs. price of kr186.40 (9.4% above fair value)
  • GF Score™: 94/100 with 8 warning signs
  • Industry Position: 99.9% below the Metals & Mining median (#1142 of 1314)

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


Granges AB Business Description

Address Linnegatan 18, Box 5505, Stockholm, SWE, 114 47
Granges AB is a Sweden-based supplier of rolled aluminum products for original equipment manufacturers. It offers products in heat exchanger applications, specialty packaging, and new rolled product niches. Some of the products offered by the company include clad tubes, mechanically bonded copper tubes, brazed aluminum heat exchangers, aluminum packaging products, cathode foil materials, battery cooling aluminum plates, and aluminum powder materials, among others. These products find their applications in automotive, electrification and battery, specialty packaging, industrial, heating, ventilation and air conditioning, and other industries. The company's operating segments are Granges Americas, Granges Asia, and Granges Europe. Maximum revenue is derived from the Granges Americas segment.
94GF Score

Get the complete analysis for CHIX:GRNGS

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

kr186.40
Price
kr170.41
GF Value