Spinneys 1961 Holding (DFM:SPINNEYS) Interest Coverage: 8.28 (As of Mar. 2026) — 19% Above Median


DFM:SPINNEYS Spinneys 1961 Holding plc DFM:SPINNEYS
32 GF Score
Price د.إ1.27
! 1 Warning Sign
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What is Spinneys 1961 Holding Interest Coverage?

Spinneys 1961 Holding DFM:SPINNEYS -1.55% 32 Interest Coverage is 8.28 as of Mar. 2026, which is 19% above its 10-year median of 6.98. GuruFocus rates DFM:SPINNEYS with a GF Score™ of 32/100. The stock has 1 warning sign investors should review. Among 253 Retail - Defensive companies, Spinneys 1961 Holding ranks worse than 54.15% 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. Spinneys 1961 Holding's Operating Income for the three months ended in Mar. 2026 was د.إ111 Mil. Spinneys 1961 Holding's Interest Expense for the three months ended in Mar. 2026 was د.إ-13 Mil. Spinneys 1961 Holding's interest coverage for the quarter that ended in Mar. 2026 was 8.28. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Spinneys 1961 Holding's Interest Coverage or its related term are showing as below:

DFM:SPINNEYS' s Interest Coverage Range Over the Past 10 Years
Min: 5.71   Med: 6.98   Max: 7.65
Current: 7.65


DFM:SPINNEYS's Interest Coverage is ranked worse than
54.15% of 253 companies
in the Retail - Defensive industry
Industry Median: 8.79 vs DFM:SPINNEYS: 7.65

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


Spinneys 1961 Holding  (DFM:SPINNEYS) 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 .


Spinneys 1961 Holding Interest Coverage Related Terms


Spinneys 1961 Holding Interest Coverage Historical Data

* Premium members only.

The historical data trend for Spinneys 1961 Holding'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.

Spinneys 1961 Holding Interest Coverage Chart

Spinneys 1961 Holding Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
5.71 6.66 6.98 7.11 7.59

Spinneys 1961 Holding Quarterly Data
Dec21 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 7.50 7.74 3.97 10.67 8.28

DFM:SPINNEYS vs KR, SFM: Interest Coverage Comparison

For the Grocery Stores subindustry, Spinneys 1961 Holding'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.


Spinneys 1961 Holding Interest Coverage vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Spinneys 1961 Holding's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Spinneys 1961 Holding's Interest Coverage falls into.


DFM:SPINNEYS
32GF Score
Spinneys 1961 Holding plc DFM:SPINNEYS
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Spinneys 1961 Holding 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.

Spinneys 1961 Holding'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, Spinneys 1961 Holding's Interest Expense was د.إ-56 Mil. Its Operating Income was د.إ425 Mil. And its Long-Term Debt & Capital Lease Obligation was د.إ850 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*424.64/-55.967
=7.59

Spinneys 1961 Holding's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Spinneys 1961 Holding's Interest Expense was د.إ-13 Mil. Its Operating Income was د.إ111 Mil. And its Long-Term Debt & Capital Lease Obligation was د.إ817 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*110.575/-13.358
=8.28

* 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 8.28 mean?
Spinneys 1961 Holding (DFM:SPINNEYS) has a Interest Coverage of 8.28 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Spinneys 1961 Holding and its competitors. This is 19% above median its historical median of 6.98. Over the past decade, Spinneys 1961 Holding's Interest Coverage has ranged from 5.71 to 7.65. According to the industry distribution chart, Spinneys 1961 Holding ranks #137 out of 253 companies in the Retail - Defensive industry, placing it in the top 54.2%.
Is Spinneys 1961 Holding's Interest Coverage too high?
Spinneys 1961 Holding's current Interest Coverage of 8.28 is 19% above median its 10-year median of 6.98. Over the past 10 years, this metric has ranged from a low of 5.71 to a high of 7.65. The Retail - Defensive industry median Interest Coverage is 8.79. Spinneys 1961 Holding's value of 8.28 is 5.8% below this industry median. Based on the distribution chart, Spinneys 1961 Holding ranks #137 out of 253 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, Spinneys 1961 Holding has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Spinneys 1961 Holding's Interest Coverage compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Spinneys 1961 Holding ranks #137 out of 253 companies for Interest Coverage. This places Spinneys 1961 Holding in the lower half of its industry. The industry median Interest Coverage is 8.79. Spinneys 1961 Holding's value of 8.28 is 5.8% below this benchmark. Historically, Spinneys 1961 Holding's own Interest Coverage has ranged from 5.71 to 7.65 over the past decade. While the company's 10-year median is 6.98 vs. the industry median of 8.79, Spinneys 1961 Holding 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 Retail - Defensive company?
The median Interest Coverage among Retail - Defensive companies is 8.79, based on 253 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. Spinneys 1961 Holding's current Interest Coverage of 8.28 is 5.8% 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 Spinneys 1961 Holding and its competitors. For the Retail - Defensive industry, the median Interest Coverage is 8.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spinneys 1961 Holding's current Interest Coverage is 8.28, which is 19% above median its own 10-year median of 6.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spinneys 1961 Holding stock overvalued right now?
Spinneys 1961 Holding (DFM:SPINNEYS) has a current Interest Coverage of 8.28. The current Interest Coverage is 8.28, which is 19% above median its 10-year median of 6.98 and 5.8% below the Retail - Defensive industry median of 8.79. Spinneys 1961 Holding's overall GF Score™ is 32/100 with 1 warning sign 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 Spinneys 1961 Holding (DFM:SPINNEYS), the current Interest Coverage is 8.28 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.

Spinneys 1961 Holding Business Description

Address Nad Al Sheba First, 1st Floor, Meydan, ARE
Spinneys 1961 Holding plc is engaged in the operation of supermarkets in United Arab Emirates, Sultanate of Oman and Saudi Arabia. Its product categories include Baby & Toddler, Flower Shop, Bakery, Beauty & Cosmetics, Beverages, Butchery, Dairy, Deli & Chilled Foods, Food Cupboard, Fruit & Vegetables, Petcare, Seafood, Toiletries & Health, Frozen, Home & Leisure, and Household. It has two main reportable segments: United Arab Emirates (UAE) and Sultanate of Oman (Oman); and Others include Saudi Arabia and sourcing offices (United Kingdom, United States of America and Australia), with the majority of the revenue deriving from UAE.
32GF Score

Get the complete analysis for DFM:SPINNEYS

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

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