Karnell Group AB (FRA:O4X) Interest Coverage: 8.12 (As of Jun. 2026) — 71% Above Median

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FRA:O4X Karnell Group AB FRA:O4X
27 GF Score
Price €7.73
! 4 Warning Signs
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What is Karnell Group AB Interest Coverage?

Karnell Group AB FRA:O4X -0.77% 27 Interest Coverage is 8.12 as of Jun. 2026, which is 71% above its 10-year median of 4.74. GuruFocus rates FRA:O4X with a GF Score™ of 27/100. The stock has 4 warning signs investors should review. Among 422 Conglomerates companies, Karnell Group AB ranks better than 56.16% 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. Karnell Group AB's Operating Income for the three months ended in Jun. 2026 was €8.0 Mil. Karnell Group AB's Interest Expense for the three months ended in Jun. 2026 was €-1.0 Mil. Karnell Group AB's interest coverage for the quarter that ended in Jun. 2026 was 8.12. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Karnell Group AB's Interest Coverage or its related term are showing as below:

FRA:O4X' s Interest Coverage Range Over the Past 10 Years
Min: 3.27   Med: 4.74   Max: 7.49
Current: 7.49


FRA:O4X's Interest Coverage is ranked better than
56.16% of 422 companies
in the Conglomerates industry
Industry Median: 5.435 vs FRA:O4X: 7.49

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


Karnell Group AB  (FRA:O4X) 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 .


Karnell Group AB Interest Coverage Related Terms


Karnell Group AB Interest Coverage Historical Data

* Premium members only.

The historical data trend for Karnell 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.

Karnell Group AB Interest Coverage Chart

Karnell Group AB Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
3.27 5.07 4.74 4.08 5.83

Karnell Group AB Quarterly Data
Dec21 Dec22 Mar23 Jun23 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 Premium Member Only Premium Member Only 6.26 6.71 6.76 8.41 8.12

FRA:O4X vs MMM, HON: Interest Coverage Comparison

For the Conglomerates subindustry, Karnell 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.


Karnell Group AB Interest Coverage vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Karnell Group AB's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Karnell Group AB's Interest Coverage falls into.


FRA:O4X
27GF Score
Karnell Group AB FRA:O4X
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Karnell Group AB 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.

Karnell Group AB'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, Karnell Group AB's Interest Expense was €-3.3 Mil. Its Operating Income was €19.1 Mil. And its Long-Term Debt & Capital Lease Obligation was €40.8 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*19.086/-3.271
=5.83

Karnell Group AB's Interest Coverage for the quarter that ended in Jun. 2026 is calculated as

Here, for the three months ended in Jun. 2026, Karnell Group AB's Interest Expense was €-1.0 Mil. Its Operating Income was €8.0 Mil. And its Long-Term Debt & Capital Lease Obligation was €76.9 Mil.

Interest Coverage=-1* Operating Income (Q: Jun. 2026 )/Interest Expense (Q: Jun. 2026 )
=-1*8/-0.985
=8.12

* 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 8.12 mean?
Karnell Group AB (FRA:O4X) has a Interest Coverage of 8.12 as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Karnell Group AB and its competitors. This is 71% above median its historical median of 4.74. Over the past decade, Karnell Group AB's Interest Coverage has ranged from 3.27 to 7.49. According to the industry distribution chart, Karnell Group AB ranks #185 out of 422 companies in the Conglomerates industry, placing it in the top 43.8%.
Is Karnell Group AB's Interest Coverage too high?
Karnell Group AB's current Interest Coverage of 8.12 is 71% above median its 10-year median of 4.74. Over the past 10 years, this metric has ranged from a low of 3.27 to a high of 7.49. The Conglomerates industry median Interest Coverage is 5.44. Karnell Group AB's value of 8.12 is 49.4% above this industry median. Based on the distribution chart, Karnell Group AB ranks #185 out of 422 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Karnell Group AB has a GF Score™ of 27/100, reflecting its overall financial health beyond just this single metric.
How does Karnell Group AB's Interest Coverage compare to MMM and HON?
According to the Conglomerates industry distribution chart, Karnell Group AB ranks #185 out of 422 companies for Interest Coverage. This puts Karnell Group AB in the upper half of its industry. The industry median Interest Coverage is 5.44. Karnell Group AB's value of 8.12 is 49.4% above this benchmark. Historically, Karnell Group AB's own Interest Coverage has ranged from 3.27 to 7.49 over the past decade. While the company's 10-year median is 4.74 vs. the industry median of 5.44, Karnell Group AB 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 a Conglomerates company?
The median Interest Coverage among Conglomerates companies is 5.44, based on 422 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. Karnell Group AB's current Interest Coverage of 8.12 is 49.4% 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 Karnell Group AB and its competitors. For the Conglomerates industry, the median Interest Coverage is 5.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Karnell Group AB's current Interest Coverage is 8.12, which is 71% above median its own 10-year median of 4.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Karnell Group AB stock overvalued right now?
Karnell Group AB (FRA:O4X) has a current Interest Coverage of 8.12. The current Interest Coverage is 8.12, which is 71% above median its 10-year median of 4.74 and 49.4% above the Conglomerates industry median of 5.44. Karnell Group AB's overall GF Score™ is 27/100 with 4 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 Karnell Group AB (FRA:O4X), the current Interest Coverage is 8.12 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.

Karnell Group AB Business Description

Other Exchanges KARNEL B:SwedenKARNBs:UK
Address Riddargatan 13D, Stockholm, SWE, 114 51
Karnell Group AB is a company that is an active owner of industrial technology companies. The Company's business concept is to use systematic and proactive acquisition strategies to identify and invest in industrial technology companies where Karnell believes there is development potential and thus an opportunity for value creation with Karnell as a long-term owner. It consists of twelve directly owned group companies, with subsidiaries, divided into two business areas that include Product companies and Niche manufacturers. The business area Product companies consists of companies that wholly or predominantly base their business on proprietary products, which may include various rights such as trademarks, patents, etc.
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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