Salix Group ABFRA:H18 -3.91%20 Interest Coverage is 2.96 as of Mar. 2026, which is at its 10-year median of 2.96. GuruFocus rates FRA:H18 with a GF Score™ of 20/100. The stock has 2 warning signs investors should review. Among 131 Industrial Distribution companies, Salix Group AB ranks worse than 71.76% 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. Salix Group AB's
Operating Income
for the
three
months ended in Mar. 2026 was €6.87 Mil. Salix Group AB's Interest Expense for the
three
months ended in Mar. 2026 was €-2.32 Mil.
Salix Group AB's interest coverage for the quarter that ended in Mar. 2026 was 2.96.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Salix Group AB's Interest Coverage or its related term are showing as below:
FRA:H18'
s Interest Coverage Range Over the Past 10 Years
Min: 2.21 Med: 2.96 Max: 3.98
Current: 2.96
FRA:H18's Interest Coverage is ranked worse than 71.76% of 131
companies
in the Industrial Distribution industry
Industry Median: 6.74
vs FRA:H18: 2.96
Salix Group AB (FRA:H18) 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 .
Salix Group AB Interest Coverage Related Terms
Salix Group AB Interest Coverage Historical Data
* Premium members only.
The historical data trend for Salix Group AB'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.
Salix Group AB Interest Coverage Chart
Salix Group AB Annual Data
Trend
Dec23
Dec24
Dec25
Interest Coverage
2.96
2.21
3.98
Salix Group AB Quarterly Data
Dec23
Dec24
Mar25
Dec25
Mar26
Interest Coverage
N/A
N/A
1.70
N/A
2.96
FRA:H18 vs GWW, FAST, FERG: Interest Coverage Comparison
For the Industrial Distribution subindustry, Salix Group AB'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.
Salix Group AB Interest Coverage vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Salix Group AB's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Salix Group AB'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:
* 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.
Salix Group AB (FRA:H18) has a Interest Coverage of 2.96 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Salix Group AB and its competitors. This is near median its historical median of 2.96. Over the past decade, Salix Group AB's Interest Coverage has ranged from 2.21 to 3.98. According to the industry distribution chart, Salix Group AB ranks #94 out of 131 companies in the Industrial Distribution industry, placing it in the top 71.8%.
Is Salix Group AB's Interest Coverage too high?
Salix Group AB's current Interest Coverage of 2.96 is near median its 10-year median of 2.96. Over the past 10 years, this metric has ranged from a low of 2.21 to a high of 3.98. The Industrial Distribution industry median Interest Coverage is 6.74. Salix Group AB's value of 2.96 is 56.1% below this industry median. Based on the distribution chart, Salix Group AB ranks #94 out of 131 companies in the Industrial Distribution industry, which is below the industry midpoint. Overall, Salix Group AB has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Salix Group AB's Interest Coverage compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Salix Group AB ranks #94 out of 131 companies for Interest Coverage. This places Salix Group AB in the lower half of its industry. The industry median Interest Coverage is 6.74. Salix Group AB's value of 2.96 is 56.1% below this benchmark. Historically, Salix Group AB's own Interest Coverage has ranged from 2.21 to 3.98 over the past decade. While the company's 10-year median is 2.96 vs. the industry median of 6.74, Salix Group AB 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 an Industrial Distribution company?
The median Interest Coverage among Industrial Distribution companies is 6.74, based on 131 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. Salix Group AB's current Interest Coverage of 2.96 is 56.1% 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 Salix Group AB and its competitors. For the Industrial Distribution industry, the median Interest Coverage is 6.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Salix Group AB's current Interest Coverage is 2.96, which is near median its own 10-year median of 2.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Salix Group AB stock overvalued right now?
Salix Group AB (FRA:H18) has a current Interest Coverage of 2.96. The current Interest Coverage is 2.96, which is near median its 10-year median of 2.96 and 56.1% below the Industrial Distribution industry median of 6.74. Salix Group AB's overall GF Score™ is 20/100 with 2 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 Salix Group AB (FRA:H18), the current Interest Coverage is 2.96 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.
Salix Group AB is a Nordic trading and distribution platform that offers products in construction and industry, prominently fittings, consumables, input goods and packaging. The company also offers products for home and garden as well as agriculture and forestry. It offers products through its own brands as well as distributed third-party brands. The company's business areas consist of Home & Fittings, Building & Agri Supplies and Building & Packaging Solutions. The majority of revenue is derived from the Construction & Agri Supplies business area offers a wide range of construction-related products, fasteners and technical supplies to professional customers in construction, industry, agriculture and trade. Geographically, the maximum revenue is generated from Sweden.
20GF Score
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