ENLAY (Enel SpA) Interest Coverage: 1.13 (As of Mar. 2026) — 34% Below Median


ENLAY Enel SpA ENLAY
67 GF Score
Price $11.44
GF Value $7.56
Valuation Significantly Overvalued
! 10 Warning Signs
View Full Analysis

What is Enel SpA Interest Coverage?

Enel SpA ENLAY +0.44% 67 Interest Coverage is 1.13 as of Mar. 2026, which is 34% below its 10-year median of 1.71. GuruFocus rates ENLAY with a GF Score™ of 67/100 and a GF Value™ of $7.56 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 449 Utilities - Regulated companies, Enel SpA ranks worse than 70.6% 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. Enel SpA's Operating Income for the three months ended in Mar. 2026 was $2,284 Mil. Enel SpA's Interest Expense for the three months ended in Mar. 2026 was $-2,020 Mil. Enel SpA's interest coverage for the quarter that ended in Mar. 2026 was 1.13. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Enel SpA interest coverage is 2.35, which is low.

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

ENLAY' s Interest Coverage Range Over the Past 10 Years
Min: 1.23   Med: 1.71   Max: 4.01
Current: 2.35


ENLAY's Interest Coverage is ranked worse than
70.6% of 449 companies
in the Utilities - Regulated industry
Industry Median: 3.78 vs ENLAY: 2.35

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


Enel SpA  (OTCPK:ENLAY) 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 .


Enel SpA Interest Coverage Related Terms


Enel SpA Interest Coverage Historical Data

* Premium members only.

The historical data trend for Enel SpA'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.

Enel SpA Interest Coverage Chart

Enel SpA 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 0.00 0.00 1.72 3.14 1.25

Enel SpA 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 0.23 0.00 0.07 0.00 1.13

ENLAY vs SRE: Interest Coverage Comparison

For the Utilities - Diversified subindustry, Enel SpA'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.


Enel SpA Interest Coverage vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Enel SpA's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Enel SpA's Interest Coverage falls into.


ENLAY
67GF Score
Enel SpA ENLAY
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Enel SpA 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.

Enel SpA'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, Enel SpA's Interest Expense was $-3,333 Mil. Its Operating Income was $4,181 Mil. And its Long-Term Debt & Capital Lease Obligation was $66,725 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*4181.499/-3332.553
=1.25

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

Here, for the three months ended in Mar. 2026, Enel SpA's Interest Expense was $-2,020 Mil. Its Operating Income was $2,284 Mil. And its Long-Term Debt & Capital Lease Obligation was $67,443 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*2284.393/-2019.653
=1.13

* 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 1.13 mean?
Enel SpA (ENLAY) has a Interest Coverage of 1.13 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Enel SpA and its competitors. This is 34% below median its historical median of 1.71. Over the past decade, Enel SpA's Interest Coverage has ranged from 1.23 to 4.01. According to the industry distribution chart, Enel SpA ranks #317 out of 449 companies in the Utilities - Regulated industry, placing it in the top 70.6%.
Is Enel SpA's Interest Coverage too high?
Enel SpA's current Interest Coverage of 1.13 is 34% below median its 10-year median of 1.71. Over the past 10 years, this metric has ranged from a low of 1.23 to a high of 4.01. The Utilities - Regulated industry median Interest Coverage is 3.78. Enel SpA's value of 1.13 is 70.1% below this industry median. Based on the distribution chart, Enel SpA ranks #317 out of 449 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Enel SpA has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Enel SpA's Interest Coverage compare to SRE?
According to the Utilities - Regulated industry distribution chart, Enel SpA ranks #317 out of 449 companies for Interest Coverage. This places Enel SpA in the lower half of its industry. The industry median Interest Coverage is 3.78. Enel SpA's value of 1.13 is 70.1% below this benchmark. Historically, Enel SpA's own Interest Coverage has ranged from 1.23 to 4.01 over the past decade. While the company's 10-year median is 1.71 vs. the industry median of 3.78, Enel SpA 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 an Utilities - Regulated company?
The median Interest Coverage among Utilities - Regulated companies is 3.78, based on 449 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. Enel SpA's current Interest Coverage of 1.13 is 70.1% 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 Enel SpA and its competitors. For the Utilities - Regulated industry, the median Interest Coverage is 3.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Enel SpA's current Interest Coverage is 1.13, which is 34% below median its own 10-year median of 1.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Enel SpA stock overvalued right now?
Based on GuruFocus' analysis, Enel SpA (ENLAY) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.56, compared to a current price of $11.44 — trading 51.3% above its estimated fair value. The current Interest Coverage is 1.13, which is 34% below median its 10-year median of 1.71 and 70.1% below the Utilities - Regulated industry median of 3.78. Enel SpA's overall GF Score™ is 67/100 with 10 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 Enel SpA (ENLAY), the current Interest Coverage is 1.13 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 Enel SpA (ENLAY) Overvalued in 2026?

Based on GuruFocus' analysis, Enel SpA stock appears to be overvalued. The current stock price of $11.44 is trading 51.3% above its estimated GF Value™ of $7.56. GuruFocus considers Enel SpA to be Significantly Overvalued.

Key valuation signals for ENLAY:

  • Interest Coverage: 1.13 (34% below median its 10-year median of 1.71)
  • GF Value™: $7.56 vs. price of $11.44 (51.3% above fair value)
  • GF Score™: 67/100 with 10 warning signs
  • Industry Position: 70.1% below the Utilities - Regulated median (#317 of 449)

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


Enel SpA Business Description

Address Viale Regina Margherita, 137, Rome, ITA, 00198
Enel is a diversified energy company domiciled in Italy. Operations are concentrated in Italy, Spain, and Latin America. The firm's primary activities are electric generation, electric networks, and gas and electricity marketing. Around 35% of the company's EBITDA is derived from its regulated networks, the rest is from generation and supply. Enel is a giant in global power generation with 81 gigawatts of capacity, of which 56 GW is renewables, including a large share of hydro.
67GF Score

Get the complete analysis for ENLAY

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

$11.44
Price
$7.56
GF Value