Superior Plus (FRA:8SP) Interest Coverage: 8.60 (As of Mar. 2026) — 284% Above Median


FRA:8SP Superior Plus Corp FRA:8SP
78 GF Score
Price €4.70
GF Value €4.87
! 11 Warning Signs
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What is Superior Plus Interest Coverage?

Superior Plus FRA:8SP -0.84% 78 Interest Coverage is 8.60 as of Mar. 2026, which is 284% above its 10-year median of 2.24. GuruFocus rates FRA:8SP with a GF Score™ of 78/100 and a GF Value™ of €4.87. The stock has 11 warning signs investors should review. Among 449 Utilities - Regulated companies, Superior Plus ranks worse than 74.61% 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. Superior Plus's Operating Income for the three months ended in Mar. 2026 was €158 Mil. Superior Plus's Interest Expense for the three months ended in Mar. 2026 was €-18 Mil. Superior Plus's interest coverage for the quarter that ended in Mar. 2026 was 8.60. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Superior Plus Corp interest coverage is 2.25, which is low.

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

FRA:8SP' s Interest Coverage Range Over the Past 10 Years
Min: 1.76   Med: 2.24   Max: 3.3
Current: 2.25


FRA:8SP's Interest Coverage is ranked worse than
74.61% of 449 companies
in the Utilities - Regulated industry
Industry Median: 3.78 vs FRA:8SP: 2.25

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


Superior Plus  (FRA:8SP) 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 .


Superior Plus Interest Coverage Related Terms


Superior Plus Interest Coverage Historical Data

* Premium members only.

The historical data trend for Superior Plus'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.

Superior Plus Interest Coverage Chart

Superior Plus 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 1.76 2.13 2.21 1.94 2.27

Superior Plus 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 8.04 0.00 0.00 4.34 8.60

FRA:8SP vs ATO, NI, UGI: Interest Coverage Comparison

For the Utilities - Regulated Gas subindustry, Superior Plus'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.


Superior Plus Interest Coverage vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Superior Plus's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Superior Plus's Interest Coverage falls into.


FRA:8SP
78GF Score
Superior Plus Corp FRA:8SP
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Superior Plus 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.

Superior Plus'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, Superior Plus's Interest Expense was €-76 Mil. Its Operating Income was €173 Mil. And its Long-Term Debt & Capital Lease Obligation was €1,546 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*172.508/-75.921
=2.27

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

Here, for the three months ended in Mar. 2026, Superior Plus's Interest Expense was €-18 Mil. Its Operating Income was €158 Mil. And its Long-Term Debt & Capital Lease Obligation was €1,497 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*157.689/-18.338
=8.60

* 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 8.60 mean?
Superior Plus (FRA:8SP) has a Interest Coverage of 8.60 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Superior Plus and its competitors. This is 284% above median its historical median of 2.24. Over the past decade, Superior Plus' Interest Coverage has ranged from 1.76 to 3.30. According to the industry distribution chart, Superior Plus ranks #335 out of 449 companies in the Utilities - Regulated industry, placing it in the top 74.6%.
Is Superior Plus' Interest Coverage too high?
Superior Plus' current Interest Coverage of 8.60 is 284% above median its 10-year median of 2.24. Over the past 10 years, this metric has ranged from a low of 1.76 to a high of 3.30. The Utilities - Regulated industry median Interest Coverage is 3.78. Superior Plus' value of 8.60 is 127.5% above this industry median. Based on the distribution chart, Superior Plus ranks #335 out of 449 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Superior Plus has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Superior Plus' Interest Coverage compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Superior Plus ranks #335 out of 449 companies for Interest Coverage. This places Superior Plus in the lower half of its industry. The industry median Interest Coverage is 3.78. Superior Plus' value of 8.60 is 127.5% above this benchmark. Historically, Superior Plus' own Interest Coverage has ranged from 1.76 to 3.30 over the past decade. While the company's 10-year median is 2.24 vs. the industry median of 3.78, Superior Plus has consistently been above 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 Utilities - Regulated company?
The median Interest Coverage among Utilities - Regulated companies is 3.78, based on 449 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. Superior Plus's current Interest Coverage of 8.60 is 127.5% above 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 Superior Plus and its competitors. For the Utilities - Regulated industry, the median Interest Coverage is 3.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Superior Plus's current Interest Coverage is 8.60, which is 284% above median its own 10-year median of 2.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Superior Plus stock overvalued right now?
Superior Plus (FRA:8SP) has a current Interest Coverage of 8.60. The stock's GF Value™ is €4.87, compared to a current price of €4.70 — trading 3.5% below its estimated fair value. The current Interest Coverage is 8.60, which is 284% above median its 10-year median of 2.24 and 127.5% above the Utilities - Regulated industry median of 3.78. Superior Plus' overall GF Score™ is 78/100 with 11 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 Superior Plus (FRA:8SP), the current Interest Coverage is 8.60 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 Superior Plus (FRA:8SP) Overvalued in 2026?

Based on GuruFocus' analysis, Superior Plus stock appears to be undervalued. The current stock price of €4.70 is trading 3.5% below its estimated GF Value™ of €4.87.

Key valuation signals for FRA:8SP:

  • Interest Coverage: 8.60 (284% above median its 10-year median of 2.24)
  • GF Value™: €4.87 vs. price of €4.70 (3.5% below fair value)
  • GF Score™: 78/100 with 11 warning signs
  • Industry Position: 127.5% above the Utilities - Regulated median (#335 of 449)

No single metric tells the full story. See the FRA:8SP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Superior Plus Business Description

Address 155 Wellington Street West, Suite 3610, Toronto, ON, CAN, M5V 3H1
Superior Plus Corp is a Canadian-based company that distributes energy and specialty chemicals. The company is organized into three business segments: U.S. Propane Distribution, Canadian Propane Distribution and Compressed natural gas distribution (CNG)out of which the majority is from the U.S. Propane segment. The products & services offered by the company include wholesale procurement, distribution, related services for propane and other refined fuels, and supply of chemicals required by industries. The U.S. Propane segment distributes propane gas & liquid fuels along the Eastern U.S. & into the Midwest and California.
78GF Score

Get the complete analysis for FRA:8SP

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

€4.70
Price
€4.87
GF Value