Moreld ASAFRA:C28 -0.58%14 Interest Coverage is 0 (At Loss) as of Mar. 2026. GuruFocus rates FRA:C28 with a GF Score™ of 14/100. The stock has 8 warning signs investors should review. Among 725 Oil & Gas companies, Moreld ASA ranks worse than 92.55% 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. Moreld ASA's
Operating Income
for the
three
months ended in Mar. 2026 was €-15.0 Mil. Moreld ASA's Interest Expense for the
three
months ended in Mar. 2026 was €-6.3 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 Moreld ASA's Interest Coverage or its related term are showing as below:
FRA:C28'
s Interest Coverage Range Over the Past 10 Years
Min: 0.98 Med: 1.88 Max: 2.5
Current: 0.98
FRA:C28's Interest Coverage is ranked worse than 92.55% of 725
companies
in the Oil & Gas industry
Industry Median: 5.8
vs FRA:C28: 0.98
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 .
Moreld ASA Interest Coverage Related Terms
Moreld ASA Interest Coverage Historical Data
* Premium members only.
The historical data trend for Moreld ASA'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:C28 vs SLB, BKR, HAL: Interest Coverage Comparison
For the Oil & Gas Equipment & Services subindustry, Moreld ASA'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.
Moreld ASA Interest Coverage vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Moreld ASA's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Moreld ASA'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:
Moreld ASA 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?
Moreld ASA (FRA:C28) 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 Moreld ASA and its competitors. Over the past decade, Moreld ASA's Interest Coverage has ranged from 0.98 to 2.50. According to the industry distribution chart, Moreld ASA ranks #671 out of 725 companies in the Oil & Gas industry, placing it in the top 92.6%.
Is Moreld ASA's Interest Coverage too high?
Moreld ASA's current Interest Coverage is 0 (At Loss). Over the past 10 years, this metric has ranged from a low of 0.98 to a high of 2.50. Based on the distribution chart, Moreld ASA ranks #671 out of 725 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Moreld ASA has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Moreld ASA's Interest Coverage compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Moreld ASA ranks #671 out of 725 companies for Interest Coverage. This places Moreld ASA in the lower half of its industry. The industry median Interest Coverage is 5.80. Historically, Moreld ASA's own Interest Coverage has ranged from 0.98 to 2.50 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 an Oil & Gas company?
The median Interest Coverage among Oil & Gas companies is 5.80, based on 725 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 Moreld ASA and its competitors. For the Oil & Gas industry, the median Interest Coverage is 5.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Moreld ASA'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 Moreld ASA stock overvalued right now?
Moreld ASA (FRA:C28) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). Moreld ASA's overall GF Score™ is 14/100 with 8 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 Moreld ASA (FRA:C28), 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.
Moreld ASA is providing a range of offshore services and integrated solutions for the energy, marine, and industrial sectors, driving growth and innovation. The group operates through three main segments: Ocean Installer, Moreld Apply, and Global Maritime. It derives maximum revenue from Moreld Apply segment, which focuses on offshore and onshore maintenance and modification projects, delivering services from concept development through to project completion. Geographically, the group operates in Norway, Africa, Europe (excluding Norway), Asia and Australia, incl. Middle East, Americas, and Other Countries. It generates majority of its revenue from Norway.
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