Accelerant Holdings (FRA:GL4) Interest Coverage: 37.42 (As of Jun. 2026) — 1780% Above Median

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FRA:GL4 Accelerant Holdings FRA:GL4
12 GF Score
Price €17.00
! 3 Warning Signs
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What is Accelerant Holdings Interest Coverage?

Accelerant Holdings FRA:GL4 -0.59% 12 Interest Coverage is 37.42 as of Jun. 2026, which is 1780% above its 10-year median of 1.99. GuruFocus rates FRA:GL4 with a GF Score™ of 12/100. The stock has 3 warning signs investors should review. Among 348 Insurance companies, Accelerant Holdings ranks worse than 287356.03% 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 EBIT by its Interest Expense. Accelerant Holdings's EBIT for the three months ended in Jun. 2026 was €77.9 Mil. Accelerant Holdings's Interest Expense for the three months ended in Jun. 2026 was €-2.1 Mil. Accelerant Holdings's interest coverage for the quarter that ended in Jun. 2026 was 37.42. The higher the ratio, the stronger the company's financial strength is.

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


FRA:GL4's Interest Coverage is not ranked *
in the Insurance industry.
Industry Median: 15.34
* Ranked among companies with meaningful Interest Coverage only.

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


Accelerant Holdings  (FRA:GL4) 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 .


Accelerant Holdings Interest Coverage Related Terms


Accelerant Holdings Interest Coverage Historical Data

* Premium members only.

The historical data trend for Accelerant Holdings'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.

Accelerant Holdings Interest Coverage Chart

Accelerant Holdings Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
0.00 0.00 0.00 1.99 0.00

Accelerant Holdings Quarterly Data
Dec21 Dec22 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.77 0.00 0.93 1.14 37.42

FRA:GL4 vs BWIN, NP, CRVL: Interest Coverage Comparison

For the Insurance Brokers subindustry, Accelerant Holdings'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.


Accelerant Holdings Interest Coverage vs Insurance Industry

For the Insurance industry and Financial Services sector, Accelerant Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Accelerant Holdings's Interest Coverage falls into.


FRA:GL4
12GF Score
Accelerant Holdings FRA:GL4
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Accelerant Holdings 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 EBIT is positive, then

Interest Coverage=-1* EBIT /Interest Expense

Else if Interest Expense is negative and EBIT 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.

Accelerant Holdings'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, Accelerant Holdings's Interest Expense was €-58.9 Mil. Its EBIT was €-1,070.0 Mil. And its Long-Term Debt & Capital Lease Obligation was €103.6 Mil.

Accelerant Holdings did not have earnings to cover the interest expense.

Accelerant Holdings's Interest Coverage for the quarter that ended in Jun. 2026 is calculated as

Here, for the three months ended in Jun. 2026, Accelerant Holdings's Interest Expense was €-2.1 Mil. Its EBIT was €77.9 Mil. And its Long-Term Debt & Capital Lease Obligation was €104.2 Mil.

Interest Coverage=-1* EBIT (Q: Jun. 2026 )/Interest Expense (Q: Jun. 2026 )
=-1*77.946/-2.083
=37.42

* 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 37.42 mean?
Accelerant Holdings (FRA:GL4) has a Interest Coverage of 37.42 as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Accelerant Holdings and its competitors. This is 1780% above median its historical median of 1.99. According to the industry distribution chart, Accelerant Holdings ranks #999999 out of 348 companies in the Insurance industry.
Is Accelerant Holdings' Interest Coverage too high?
Accelerant Holdings' current Interest Coverage of 37.42 is 1780% above median its 10-year median of 1.99. The Insurance industry median Interest Coverage is 15.34. Accelerant Holdings' value of 37.42 is 143.9% above this industry median. Based on the distribution chart, Accelerant Holdings ranks #999999 out of 348 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, Accelerant Holdings has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Accelerant Holdings' Interest Coverage compare to BWIN and NP?
According to the Insurance industry distribution chart, Accelerant Holdings ranks #999999 out of 348 companies for Interest Coverage. This places Accelerant Holdings in the lower half of its industry. The industry median Interest Coverage is 15.34. Accelerant Holdings' value of 37.42 is 143.9% above this benchmark. While the company's 10-year median is 1.99 vs. the industry median of 15.34, Accelerant Holdings 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 Insurance company?
The median Interest Coverage among Insurance companies is 15.34, based on 348 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. Accelerant Holdings's current Interest Coverage of 37.42 is 143.9% 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 Accelerant Holdings and its competitors. For the Insurance industry, the median Interest Coverage is 15.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Accelerant Holdings's current Interest Coverage is 37.42, which is 1780% above median its own 10-year median of 1.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Accelerant Holdings stock overvalued right now?
Accelerant Holdings (FRA:GL4) has a current Interest Coverage of 37.42. The current Interest Coverage is 37.42, which is 1780% above median its 10-year median of 1.99 and 143.9% above the Insurance industry median of 15.34. Accelerant Holdings' overall GF Score™ is 12/100 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 Accelerant Holdings (FRA:GL4), the current Interest Coverage is 37.42 as of Jun. 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.

Accelerant Holdings Business Description

Other Exchanges ARX:USA
Address c/o Accelerant Re (Cayman) Ltd, West Bay Road, Unit 106, Windward 3, Regatta Office Park, Grand Cayman, CYM, KY1-1108
Accelerant Holdings operates as a data-driven risk exchange that connects selected specialty insurance underwriters with risk capital partners. The company operates in three segments: Exchange Services, MGA Operations, and Underwriting. The majority of its revenue is generated from the Underwriting segment, which contains all revenue and expenses associated with the underwriting of insurance policies and assumption of reinsurance policies issued or accepted by Accelerant's consolidated insurance and reinsurance companies. Geographically, it operates in North America, the UK, and the EU, out of which it derives maximum revenue from North America.
12GF 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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