Proximar Seafood ASFRA:84Q +120.16%8 Interest Coverage is 0 (At Loss) as of Mar. 2026. GuruFocus rates FRA:84Q with a GF Score™ of 8/100. The stock has 7 warning signs investors should review. Among 1,507 Consumer Packaged Goods companies, Proximar Seafood AS ranks worse than 66356.93% 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. Proximar Seafood AS's
Operating Income
for the
three
months ended in Mar. 2026 was €-0.57 Mil. Proximar Seafood AS's Interest Expense for the
three
months ended in Mar. 2026 was €-1.91 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 Proximar Seafood AS's Interest Coverage or its related term are showing as below:
FRA:84Q's Interest Coverage is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 8.6 * Ranked among companies with meaningful Interest Coverage only.
Proximar Seafood AS (FRA:84Q) 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 .
Proximar Seafood AS Interest Coverage Related Terms
Proximar Seafood AS Interest Coverage Historical Data
* Premium members only.
The historical data trend for Proximar Seafood AS'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.
FRA:84Q vs ADM, BG, TSN: Interest Coverage Comparison
For the Farm Products subindustry, Proximar Seafood AS'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.
Proximar Seafood AS Interest Coverage vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Proximar Seafood AS's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Proximar Seafood AS's Interest Coverage falls into.
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:
Proximar Seafood AS 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.
What does a Interest Coverage of 0 (At Loss) mean?
Proximar Seafood AS (FRA:84Q) 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 Proximar Seafood AS and its competitors. According to the industry distribution chart, Proximar Seafood AS ranks #999999 out of 1507 companies in the Consumer Packaged Goods industry.
Is Proximar Seafood AS's Interest Coverage too high?
Proximar Seafood AS's current Interest Coverage is 0 (At Loss). Based on the distribution chart, Proximar Seafood AS ranks #999999 out of 1507 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Proximar Seafood AS has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Proximar Seafood AS's Interest Coverage compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Proximar Seafood AS ranks #999999 out of 1507 companies for Interest Coverage. This places Proximar Seafood AS in the lower half of its industry. The industry median Interest Coverage is 8.60. 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 Consumer Packaged Goods company?
The median Interest Coverage among Consumer Packaged Goods companies is 8.60, based on 1,507 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 Proximar Seafood AS and its competitors. For the Consumer Packaged Goods industry, the median Interest Coverage is 8.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Proximar Seafood AS'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 Proximar Seafood AS stock overvalued right now?
Proximar Seafood AS (FRA:84Q) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). Proximar Seafood AS's overall GF Score™ is 8/100 with 7 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 Proximar Seafood AS (FRA:84Q), 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.
Proximar Seafood AS is a land-based salmon farming company in the process of constructing a fish farm for Atlantic salmon in Japan. It produces Atlantic salmon which involves free of medication and without impact from traditional challenges such as lice and microplastics and the fish is isolated from the marine surrounding environment. The company's fish farming is based on the Recirculating Aquaculture System (RAS)-technology, provided by AquaMaof. The company receives eggs on a monthly basis from the StofnFiskur strain in Iceland. The eggs are hatched, nursed, and farmed at its facility by the foot of Mount Fuji, using locally manufactured feed.
8GF Score
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