Gigantelmon AS (FRA:96M) Interest Coverage: 0.37 (As of Mar. 2026) — 100% Below Median


FRA:96M Gigante Salmon AS FRA:96M
27 GF Score
Price €0.59
! 5 Warning Signs
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What is Gigantelmon AS Interest Coverage?

Gigantelmon AS FRA:96M 27 Interest Coverage is 0.37 as of Mar. 2026, which is 100% below its 10-year median of 5,000.64. GuruFocus rates FRA:96M with a GF Score™ of 27/100. The stock has 5 warning signs investors should review. Among 1,511 Consumer Packaged Goods companies, Gigantelmon AS ranks worse than 95.9% 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. Gigantelmon AS's Operating Income for the three months ended in Mar. 2026 was €0.36 Mil. Gigantelmon AS's Interest Expense for the three months ended in Mar. 2026 was €-0.99 Mil. Gigantelmon AS's interest coverage for the quarter that ended in Mar. 2026 was 0.37. The higher the ratio, the stronger the company's financial strength is.

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

FRA:96M' s Interest Coverage Range Over the Past 10 Years
Min: 0.61   Med: 5000.64   Max: No Debt
Current: 0.61


FRA:96M's Interest Coverage is ranked worse than
95.9% of 1511 companies
in the Consumer Packaged Goods industry
Industry Median: 8.63 vs FRA:96M: 0.61

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


Gigantelmon AS  (FRA:96M) 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 .


Gigantelmon AS Interest Coverage Related Terms


Gigantelmon AS Interest Coverage Historical Data

* Premium members only.

The historical data trend for Gigantelmon 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.

Gigantelmon AS Interest Coverage Chart

Gigantelmon AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial No Debt 0.00 0.00 0.00 1.26

Gigantelmon AS 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 5.64 2.51 0.37

FRA:96M vs ADM, BG, TSN: Interest Coverage Comparison

For the Farm Products subindustry, Gigantelmon 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.


Gigantelmon AS Interest Coverage vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Gigantelmon AS's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Gigantelmon AS's Interest Coverage falls into.


FRA:96M
27GF Score
Gigante Salmon AS FRA:96M
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gigantelmon AS 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.

Gigantelmon AS'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, Gigantelmon AS's Interest Expense was €-0.25 Mil. Its Operating Income was €0.31 Mil. And its Long-Term Debt & Capital Lease Obligation was €43.09 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*0.312/-0.247
=1.26

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

Here, for the three months ended in Mar. 2026, Gigantelmon AS's Interest Expense was €-0.99 Mil. Its Operating Income was €0.36 Mil. And its Long-Term Debt & Capital Lease Obligation was €38.67 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*0.36/-0.986
=0.37

* 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 0.37 mean?
Gigantelmon AS (FRA:96M) has a Interest Coverage of 0.37 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Gigantelmon AS and its competitors. This is 100% below median its historical median of 5,000.64. Over the past decade, Gigantelmon AS's Interest Coverage has ranged from 0.61 to 10,000.00. According to the industry distribution chart, Gigantelmon AS ranks #1449 out of 1511 companies in the Consumer Packaged Goods industry, placing it in the top 95.9%.
Is Gigantelmon AS's Interest Coverage too high?
Gigantelmon AS's current Interest Coverage of 0.37 is 100% below median its 10-year median of 5,000.64. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 10,000.00. The Consumer Packaged Goods industry median Interest Coverage is 8.63. Gigantelmon AS's value of 0.37 is 95.7% below this industry median. Based on the distribution chart, Gigantelmon AS ranks #1449 out of 1511 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Gigantelmon AS has a GF Score™ of 27/100, reflecting its overall financial health beyond just this single metric.
How does Gigantelmon AS's Interest Coverage compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Gigantelmon AS ranks #1449 out of 1511 companies for Interest Coverage. This places Gigantelmon AS in the lower half of its industry. The industry median Interest Coverage is 8.63. Gigantelmon AS's value of 0.37 is 95.7% below this benchmark. Historically, Gigantelmon AS's own Interest Coverage has ranged from 0.61 to 10,000.00 over the past decade. While the company's 10-year median is 5,000.64 vs. the industry median of 8.63, Gigantelmon AS 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 a Consumer Packaged Goods company?
The median Interest Coverage among Consumer Packaged Goods companies is 8.63, based on 1,511 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. Gigantelmon AS's current Interest Coverage of 0.37 is 95.7% 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 Gigantelmon AS and its competitors. For the Consumer Packaged Goods industry, the median Interest Coverage is 8.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gigantelmon AS's current Interest Coverage is 0.37, which is 100% below median its own 10-year median of 5,000.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gigantelmon AS stock overvalued right now?
Gigantelmon AS (FRA:96M) has a current Interest Coverage of 0.37. The current Interest Coverage is 0.37, which is 100% below median its 10-year median of 5,000.64 and 95.7% below the Consumer Packaged Goods industry median of 8.63. Gigantelmon AS's overall GF Score™ is 27/100 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 Gigantelmon AS (FRA:96M), the current Interest Coverage is 0.37 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.

Gigantelmon AS Business Description

Other Exchanges GIGA:Norway96M:Germany
Address Sjogata 21, Bodo, NOR, 8006
Gigante Salmon AS engages in land based salmon farming. It develops and operates a modern, land -based flow -through facility for the production of Atlantic salmon at Lille Indre Rosoy in Rodoy municipality.
27GF Score

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

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