Scana ASA (FRA:1MP) Interest Coverage: 3.54 (As of Mar. 2026) — 151% Above Median


FRA:1MP Scana ASA FRA:1MP
50 GF Score
Price €0.12
GF Value €0.17
Valuation Possible Value Trap
! 5 Warning Signs
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What is Scana ASA Interest Coverage?

Scana ASA FRA:1MP -1.29% 50 Interest Coverage is 3.54 as of Mar. 2026, which is 151% above its 10-year median of 1.41. GuruFocus rates FRA:1MP with a GF Score™ of 50/100 and a GF Value™ of €0.17 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,325 Industrial Products companies, Scana ASA ranks worse than 94.49% 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. Scana ASA's Operating Income for the three months ended in Mar. 2026 was €1.7 Mil. Scana ASA's Interest Expense for the three months ended in Mar. 2026 was €-0.5 Mil. Scana ASA's interest coverage for the quarter that ended in Mar. 2026 was 3.54. The higher the ratio, the stronger the company's financial strength is.

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

FRA:1MP' s Interest Coverage Range Over the Past 10 Years
Min: 0.24   Med: 1.41   Max: 2.85
Current: 1.2


FRA:1MP's Interest Coverage is ranked worse than
94.49% of 2325 companies
in the Industrial Products industry
Industry Median: 14.8 vs FRA:1MP: 1.20

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


Scana ASA  (FRA:1MP) 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 .


Scana ASA Interest Coverage Related Terms


Scana ASA Interest Coverage Historical Data

* Premium members only.

The historical data trend for Scana 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.

Scana ASA Interest Coverage Chart

Scana ASA 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 1.41 0.00 2.11 2.86 0.00

Scana 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 0.87 3.04 3.54

FRA:1MP vs GEV, ETN, PH: Interest Coverage Comparison

For the Specialty Industrial Machinery subindustry, Scana 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.


Scana ASA Interest Coverage vs Industrial Products Industry

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

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


FRA:1MP
50GF Score
Scana ASA FRA:1MP
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Scana 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.

Scana 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, Scana ASA's Interest Expense was €-3.0 Mil. Its Operating Income was €-1.0 Mil. And its Long-Term Debt & Capital Lease Obligation was €28.2 Mil.

Scana ASA did not have earnings to cover the interest expense.

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

Here, for the three months ended in Mar. 2026, Scana ASA's Interest Expense was €-0.5 Mil. Its Operating Income was €1.7 Mil. And its Long-Term Debt & Capital Lease Obligation was €26.9 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*1.711/-0.484
=3.54

* 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 3.54 mean?
Scana ASA (FRA:1MP) has a Interest Coverage of 3.54 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Scana ASA and its competitors. This is 151% above median its historical median of 1.41. Over the past decade, Scana ASA's Interest Coverage has ranged from 0.24 to 2.85. According to the industry distribution chart, Scana ASA ranks #2197 out of 2325 companies in the Industrial Products industry, placing it in the top 94.5%.
Is Scana ASA's Interest Coverage too high?
Scana ASA's current Interest Coverage of 3.54 is 151% above median its 10-year median of 1.41. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 2.85. The Industrial Products industry median Interest Coverage is 14.80. Scana ASA's value of 3.54 is 76.1% below this industry median. Based on the distribution chart, Scana ASA ranks #2197 out of 2325 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Scana ASA has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Scana ASA's Interest Coverage compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Scana ASA ranks #2197 out of 2325 companies for Interest Coverage. This places Scana ASA in the lower half of its industry. The industry median Interest Coverage is 14.80. Scana ASA's value of 3.54 is 76.1% below this benchmark. Historically, Scana ASA's own Interest Coverage has ranged from 0.24 to 2.85 over the past decade. While the company's 10-year median is 1.41 vs. the industry median of 14.80, Scana ASA 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 Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.80, based on 2,325 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. Scana ASA's current Interest Coverage of 3.54 is 76.1% 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 Scana ASA and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Scana ASA's current Interest Coverage is 3.54, which is 151% above median its own 10-year median of 1.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scana ASA stock overvalued right now?
Based on GuruFocus' analysis, Scana ASA (FRA:1MP) is currently considered Possible Value Trap. The stock's GF Value™ is €0.17, compared to a current price of €0.12 — trading 32.4% below its estimated fair value. The current Interest Coverage is 3.54, which is 151% above median its 10-year median of 1.41 and 76.1% below the Industrial Products industry median of 14.80. Scana ASA's overall GF Score™ is 50/100 with 5 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 Scana ASA (FRA:1MP), the current Interest Coverage is 3.54 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 Scana ASA (FRA:1MP) Overvalued in 2026?

Based on GuruFocus' analysis, Scana ASA stock appears to be undervalued. The current stock price of €0.12 is trading 32.4% below its estimated GF Value™ of €0.17. GuruFocus considers Scana ASA to be Possible Value Trap.

Key valuation signals for FRA:1MP:

  • Interest Coverage: 3.54 (151% above median its 10-year median of 1.41)
  • GF Value™: €0.17 vs. price of €0.12 (32.4% below fair value)
  • GF Score™: 50/100 with 5 warning signs
  • Industry Position: 76.1% below the Industrial Products median (#2197 of 2325)

No single metric tells the full story. See the FRA:1MP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Scana ASA Business Description

Address Wernersholmvegen 49, Paradis, Bergen, NOR, 5232
Scana ASA is an active industrial owner of technology and services for the offshore and energy industries. Along with its subsidiaries, the company operates in two business areas: Energy and Offshore. A majority of its revenue is generated from the Offshore segment, which delivers the design and manufacturing of riser applications and specialist subsea equipment to rig servicing, ISS services, mooring systems, and IMR lifecycle services for rigs and vessels, covering various products and services. In addition, it delivers mooring solutions and valve control systems to the shipping, energy, and aquaculture industries. Geographically, the group derives maximum revenue from Norway, followed by Other European countries, America, Asia, and Africa.
50GF Score

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

€0.12
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€0.17
GF Value