Hexagon Purus ASA (FRA:0QJ0) Interest Coverage: 0 (At Loss) (As of Mar. 2026)


FRA:0QJ0 Hexagon Purus ASA FRA:0QJ0
64 GF Score
Price €1.05
GF Value €2.41
Valuation Possible Value Trap
! 6 Warning Signs
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What is Hexagon Purus ASA Interest Coverage?

Hexagon Purus ASA FRA:0QJ0 +3.76% 64 Interest Coverage is 0 (At Loss) as of Mar. 2026. GuruFocus rates FRA:0QJ0 with a GF Score™ of 64/100 and a GF Value™ of €2.41 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 133 Industrial Distribution companies, Hexagon Purus ASA ranks worse than 751878.95% 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. Hexagon Purus ASA's Operating Income for the three months ended in Mar. 2026 was €-5.1 Mil. Hexagon Purus ASA's Interest Expense for the three months ended in Mar. 2026 was €-12.0 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Hexagon Purus ASA's Interest Coverage or its related term are showing as below:


FRA:0QJ0's Interest Coverage is not ranked *
in the Industrial Distribution industry.
Industry Median: 6.22
* Ranked among companies with meaningful Interest Coverage only.

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


Hexagon Purus ASA  (FRA:0QJ0) 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 .


Hexagon Purus ASA Interest Coverage Related Terms


Hexagon Purus ASA Interest Coverage Historical Data

* Premium members only.

The historical data trend for Hexagon Purus ASA'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.

Hexagon Purus ASA Interest Coverage Chart

Hexagon Purus ASA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Hexagon Purus ASA 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 0.00 0.00 0.00 0.00 0.00

FRA:0QJ0 vs GWW, FAST, FERG: Interest Coverage Comparison

For the Industrial Distribution subindustry, Hexagon Purus ASA'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.


Hexagon Purus ASA Interest Coverage vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Hexagon Purus ASA's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Hexagon Purus ASA's Interest Coverage falls into.


FRA:0QJ0
64GF Score
Hexagon Purus ASA FRA:0QJ0
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Hexagon Purus ASA 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.

Hexagon Purus ASA'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, Hexagon Purus ASA's Interest Expense was €-24.5 Mil. Its Operating Income was €-79.6 Mil. And its Long-Term Debt & Capital Lease Obligation was €194.7 Mil.

Hexagon Purus ASA did not have earnings to cover the interest expense.

Hexagon Purus ASA's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Hexagon Purus ASA's Interest Expense was €-12.0 Mil. Its Operating Income was €-5.1 Mil. And its Long-Term Debt & Capital Lease Obligation was €203.4 Mil.

Hexagon Purus ASA did not have earnings to cover the interest expense.

* 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 (At Loss) mean?
Hexagon Purus ASA (FRA:0QJ0) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Hexagon Purus ASA and its competitors. According to the industry distribution chart, Hexagon Purus ASA ranks #999999 out of 133 companies in the Industrial Distribution industry.
Is Hexagon Purus ASA's Interest Coverage too high?
Hexagon Purus ASA's current Interest Coverage is 0 (At Loss). Based on the distribution chart, Hexagon Purus ASA ranks #999999 out of 133 companies in the Industrial Distribution industry, which is in the bottom quartile relative to peers. Overall, Hexagon Purus ASA has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hexagon Purus ASA's Interest Coverage compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Hexagon Purus ASA ranks #999999 out of 133 companies for Interest Coverage. This places Hexagon Purus ASA in the lower half of its industry. The industry median Interest Coverage is 6.22. 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 Industrial Distribution company?
The median Interest Coverage among Industrial Distribution companies is 6.22, based on 133 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. 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 Hexagon Purus ASA and its competitors. For the Industrial Distribution industry, the median Interest Coverage is 6.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hexagon Purus ASA's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hexagon Purus ASA stock overvalued right now?
Based on GuruFocus' analysis, Hexagon Purus ASA (FRA:0QJ0) is currently considered Possible Value Trap. The stock's GF Value™ is €2.41, compared to a current price of €1.05 — trading 56.5% below its estimated fair value. The current Interest Coverage is 0 (At Loss). Hexagon Purus ASA's overall GF Score™ is 64/100 with 6 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 Hexagon Purus ASA (FRA:0QJ0), the current Interest Coverage is 0 (At Loss) 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 Hexagon Purus ASA (FRA:0QJ0) Overvalued in 2026?

Based on GuruFocus' analysis, Hexagon Purus ASA stock appears to be undervalued. The current stock price of €1.05 is trading 56.5% below its estimated GF Value™ of €2.41. GuruFocus considers Hexagon Purus ASA to be Possible Value Trap.

Key valuation signals for FRA:0QJ0:

  • Interest Coverage: 0 (At Loss)
  • GF Value™: €2.41 vs. price of €1.05 (56.5% below fair value)
  • GF Score™: 64/100 with 6 warning signs

No single metric tells the full story. See the FRA:0QJ0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hexagon Purus ASA Business Description

Address Haakon VII gate 2, Oslo, NOR, 0161
Hexagon Purus ASA is a provider of Hydrogen Type 4 high-pressure cylinders, complete vehicle systems, and battery packs for fuel cell electric and battery electric vehicles including hybrid mobility applications on light, medium, and heavy-duty vehicles, buses, marine, rail, and aerospace. It has divided its operations into two segments, Hydrogen Mobility and Infrastructure (HMI) and Battery Systems and Vehicle Integration (BVI). The company has a geographic presence in Norway, Europe, North America, and Others. Majority of revenue is from Hydrogen Mobility and Infrastructure (HMI). Geographically, it operates in Norway, Europe, excluding Norway, North America, Asia, and Others. It derives maximum revenue from Europe, excluding Norway.
64GF Score

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

€1.05
Price
€2.41
GF Value