Ascension Capital (FRA:2T6) Interest Coverage: 0 (At Loss) (As of Mar. 2026)


What is Ascension Capital Interest Coverage?

Ascension Capital FRA:2T6 Interest Coverage is 0 (At Loss) as of Mar. 2026. The stock has 3 warning signs investors should review. Among 426 Conglomerates companies, Ascension Capital ranks worse than 234741.55% 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. Ascension Capital's Operating Income for the six months ended in Mar. 2026 was €-1.16 Mil. Ascension Capital's Interest Expense for the six months ended in Mar. 2026 was €0.26 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 Ascension Capital's Interest Coverage or its related term are showing as below:


FRA:2T6's Interest Coverage is not ranked *
in the Conglomerates industry.
Industry Median: 5.31
* 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.


Ascension Capital  (FRA:2T6) 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 .


Ascension Capital Interest Coverage Related Terms


Ascension Capital Interest Coverage Historical Data

* Premium members only.

The historical data trend for Ascension Capital'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.

Ascension Capital Interest Coverage Chart

Ascension Capital Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.03 0.00 0.00

Ascension Capital Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.21 0.00 0.00 0.79 0.00

FRA:2T6 vs HON, MMM: Interest Coverage Comparison

For the Conglomerates subindustry, Ascension Capital'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.


Ascension Capital Interest Coverage vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Ascension Capital's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Ascension Capital's Interest Coverage falls into.



Ascension Capital 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.

Ascension Capital's Interest Coverage for the fiscal year that ended in Mar. 2026 is calculated as

Here, for the fiscal year that ended in Mar. 2026, Ascension Capital's Interest Expense was €-0.02 Mil. Its Operating Income was €-0.93 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

Ascension Capital did not have earnings to cover the interest expense.

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

Here, for the six months ended in Mar. 2026, Ascension Capital's Interest Expense was €0.26 Mil. Its Operating Income was €-1.16 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

* 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?
Ascension Capital (FRA:2T6) 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 Ascension Capital and its competitors. Over the past decade, Ascension Capital's Interest Coverage has ranged from 0.03 to 10,000.00. According to the industry distribution chart, Ascension Capital ranks #999999 out of 426 companies in the Conglomerates industry.
Is Ascension Capital's Interest Coverage too high?
Ascension Capital's current Interest Coverage is 0 (At Loss). Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 10,000.00. Based on the distribution chart, Ascension Capital ranks #999999 out of 426 companies in the Conglomerates industry, which is in the bottom quartile relative to peers.
How does Ascension Capital's Interest Coverage compare to HON and MMM?
According to the Conglomerates industry distribution chart, Ascension Capital ranks #999999 out of 426 companies for Interest Coverage. This places Ascension Capital in the lower half of its industry. The industry median Interest Coverage is 5.31. Historically, Ascension Capital's own Interest Coverage has ranged from 0.03 to 10,000.00 over the past decade. 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 Conglomerates company?
The median Interest Coverage among Conglomerates companies is 5.31, based on 426 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 Ascension Capital and its competitors. For the Conglomerates industry, the median Interest Coverage is 5.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ascension Capital'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 Ascension Capital stock overvalued right now?
Ascension Capital (FRA:2T6) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). 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 Ascension Capital (FRA:2T6), 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.

Ascension Capital Business Description

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