SolidX AB (FRA:6OK) Interest Coverage: 0 (At Loss) (As of Apr. 2026)

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FRA:6OK SolidX AB FRA:6OK
85 GF Score
Price €0.17
GF Value €0.20
! 3 Warning Signs
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What is SolidX AB Interest Coverage?

SolidX AB FRA:6OK 85 Interest Coverage is 0 (At Loss) as of Apr. 2026. GuruFocus rates FRA:6OK with a GF Score™ of 85/100 and a GF Value™ of €0.20. The stock has 3 warning signs investors should review. Among 1,717 Software companies, SolidX AB ranks worse than 88.35% 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. SolidX AB's Operating Income for the three months ended in Apr. 2026 was €-0.14 Mil. SolidX AB's Interest Expense for the three months ended in Apr. 2026 was €-0.03 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 SolidX AB's Interest Coverage or its related term are showing as below:

FRA:6OK' s Interest Coverage Range Over the Past 10 Years
Min: 1.18   Med: 12.2   Max: 47.11
Current: 2.32


FRA:6OK's Interest Coverage is ranked worse than
88.35% of 1717 companies
in the Software industry
Industry Median: 24.66 vs FRA:6OK: 2.32

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


SolidX AB  (FRA:6OK) 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 .


SolidX AB Interest Coverage Related Terms


SolidX AB Interest Coverage Historical Data

* Premium members only.

The historical data trend for SolidX AB'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.

SolidX AB Interest Coverage Chart

SolidX AB Annual Data
Trend Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Interest Coverage
Get a 7-Day Free Trial 44.21 46.09 2.96 0.00 1.18

SolidX AB Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.18 0.00 24.44 1.37 0.00

FRA:6OK vs IBM, ACN, FISV: Interest Coverage Comparison

For the Information Technology Services subindustry, SolidX AB'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.


SolidX AB Interest Coverage vs Software Industry

For the Software industry and Technology sector, SolidX AB's Interest Coverage distribution charts can be found below:

* The bar in red indicates where SolidX AB's Interest Coverage falls into.


FRA:6OK
85GF Score
SolidX AB FRA:6OK
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SolidX AB 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.

SolidX AB's Interest Coverage for the fiscal year that ended in Apr. 2026 is calculated as

Here, for the fiscal year that ended in Apr. 2026, SolidX AB's Interest Expense was €-0.10 Mil. Its Operating Income was €0.12 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.40 Mil.

Interest Coverage=-1* Operating Income (A: Apr. 2026 )/Interest Expense (A: Apr. 2026 )
=-1*0.117/-0.099
=1.18

SolidX AB's Interest Coverage for the quarter that ended in Apr. 2026 is calculated as

Here, for the three months ended in Apr. 2026, SolidX AB's Interest Expense was €-0.03 Mil. Its Operating Income was €-0.14 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.40 Mil.

SolidX AB 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?
SolidX AB (FRA:6OK) has a Interest Coverage of 0 (At Loss) as of Apr. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on SolidX AB and its competitors. Over the past decade, SolidX AB's Interest Coverage has ranged from 1.18 to 47.11. According to the industry distribution chart, SolidX AB ranks #1517 out of 1717 companies in the Software industry, placing it in the top 88.4%.
Is SolidX AB's Interest Coverage too high?
SolidX AB's current Interest Coverage is 0 (At Loss). Over the past 10 years, this metric has ranged from a low of 1.18 to a high of 47.11. Based on the distribution chart, SolidX AB ranks #1517 out of 1717 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, SolidX AB has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does SolidX AB's Interest Coverage compare to IBM and ACN?
According to the Software industry distribution chart, SolidX AB ranks #1517 out of 1717 companies for Interest Coverage. This places SolidX AB in the lower half of its industry. The industry median Interest Coverage is 24.66. Historically, SolidX AB's own Interest Coverage has ranged from 1.18 to 47.11 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 Software company?
The median Interest Coverage among Software companies is 24.66, based on 1,717 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 SolidX AB and its competitors. For the Software industry, the median Interest Coverage is 24.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SolidX AB'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 SolidX AB stock overvalued right now?
SolidX AB (FRA:6OK) has a current Interest Coverage of 0 (At Loss). The stock's GF Value™ is €0.20, compared to a current price of €0.17 — trading 13% below its estimated fair value. The current Interest Coverage is 0 (At Loss). SolidX AB's overall GF Score™ is 85/100 with 3 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 SolidX AB (FRA:6OK), the current Interest Coverage is 0 (At Loss) as of Apr. 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 SolidX AB (FRA:6OK) Overvalued in 2026?

Based on GuruFocus' analysis, SolidX AB stock appears to be undervalued. The current stock price of €0.17 is trading 13% below its estimated GF Value™ of €0.20.

Key valuation signals for FRA:6OK:

  • Interest Coverage: 0 (At Loss)
  • GF Value™: €0.20 vs. price of €0.17 (13% below fair value)
  • GF Score™: 85/100 with 3 warning signs

No single metric tells the full story. See the FRA:6OK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SolidX AB Business Description

Other Exchanges SOLIDX:Sweden
Address Sodergatan 13, Malmo, SWE, 211 34
SolidX AB is an IT consulting company that provides expertise and resources in IT and digitalization for both private and public sectors. The company specializes in strengthening customer organizations by offering consultants for projects and day-to-day operations. The company is also known for its focus on consultants, aiming to be an employer by offering flexible working conditions, competence development, and competitive compensation.
85GF Score

Get the complete analysis for FRA:6OK

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

€0.17
Price
€0.20
GF Value