Africa Bitcoin (JSE:BACA.PFD) Interest Coverage: 5.38 (As of Feb. 2026) — 86% Below Median


JSE:BACA.PFD Africa Bitcoin Corp Ltd JSE:BACA.PFD
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What is Africa Bitcoin Interest Coverage?

Africa Bitcoin JSE:BACA.PFD 12 Interest Coverage is 5.38 as of Feb. 2026, which is 86% below its 10-year median of 37.29. GuruFocus rates JSE:BACA.PFD with a GF Score™ of 12/100. The stock has 3 warning signs investors should review. Among 476 Asset Management companies, Africa Bitcoin ranks worse than 66.6% 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. Africa Bitcoin's Operating Income for the six months ended in Feb. 2026 was R11.75 Mil. Africa Bitcoin's Interest Expense for the six months ended in Feb. 2026 was R-2.18 Mil. Africa Bitcoin's interest coverage for the quarter that ended in Feb. 2026 was 5.38. The higher the ratio, the stronger the company's financial strength is.

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

JSE:BACA.PFD' s Interest Coverage Range Over the Past 10 Years
Min: 8.92   Med: 37.29   Max: 452.77
Current: 8.92


JSE:BACA.PFD's Interest Coverage is ranked worse than
66.6% of 476 companies
in the Asset Management industry
Industry Median: 43.13 vs JSE:BACA.PFD: 8.92

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


Africa Bitcoin  (JSE:BACA.PFD) 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 .


Africa Bitcoin Interest Coverage Related Terms


Africa Bitcoin Interest Coverage Historical Data

* Premium members only.

The historical data trend for Africa Bitcoin'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.

Africa Bitcoin Interest Coverage Chart

Africa Bitcoin Annual Data
Trend Feb22 Feb23 Feb24 Feb25 Feb26
Interest Coverage
N/A 0.00 452.77 37.29 8.92

Africa Bitcoin Semi-Annual Data
Feb22 Feb23 Feb24 Aug24 Feb25 Aug25 Feb26
Interest Coverage Get a 7-Day Free Trial N/A 0.00 61.16 13.81 5.38

JSE:BACA.PFD vs BLK, BX, KKR: Interest Coverage Comparison

For the Asset Management subindustry, Africa Bitcoin'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.


Africa Bitcoin Interest Coverage vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Africa Bitcoin's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Africa Bitcoin's Interest Coverage falls into.


JSE:BACA.PFD
12GF Score
Africa Bitcoin Corp Ltd JSE:BACA.PFD
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Africa Bitcoin 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.

Africa Bitcoin's Interest Coverage for the fiscal year that ended in Feb. 2026 is calculated as

Here, for the fiscal year that ended in Feb. 2026, Africa Bitcoin's Interest Expense was R-3.77 Mil. Its Operating Income was R33.58 Mil. And its Long-Term Debt & Capital Lease Obligation was R0.00 Mil.

Interest Coverage=-1* Operating Income (A: Feb. 2026 )/Interest Expense (A: Feb. 2026 )
=-1*33.578/-3.765
=8.92

Africa Bitcoin's Interest Coverage for the quarter that ended in Feb. 2026 is calculated as

Here, for the six months ended in Feb. 2026, Africa Bitcoin's Interest Expense was R-2.18 Mil. Its Operating Income was R11.75 Mil. And its Long-Term Debt & Capital Lease Obligation was R0.00 Mil.

Interest Coverage=-1* Operating Income (Q: Feb. 2026 )/Interest Expense (Q: Feb. 2026 )
=-1*11.746/-2.184
=5.38

* 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 5.38 mean?
Africa Bitcoin (JSE:BACA.PFD) has a Interest Coverage of 5.38 as of Feb. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Africa Bitcoin and its competitors. This is 86% below median its historical median of 37.29. Over the past decade, Africa Bitcoin's Interest Coverage has ranged from 8.92 to 452.77. According to the industry distribution chart, Africa Bitcoin ranks #317 out of 476 companies in the Asset Management industry, placing it in the top 66.6%.
Is Africa Bitcoin's Interest Coverage too high?
Africa Bitcoin's current Interest Coverage of 5.38 is 86% below median its 10-year median of 37.29. Over the past 10 years, this metric has ranged from a low of 8.92 to a high of 452.77. The Asset Management industry median Interest Coverage is 43.13. Africa Bitcoin's value of 5.38 is 87.5% below this industry median. Based on the distribution chart, Africa Bitcoin ranks #317 out of 476 companies in the Asset Management industry, which is below the industry midpoint. Overall, Africa Bitcoin has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Africa Bitcoin's Interest Coverage compare to BLK and BX?
According to the Asset Management industry distribution chart, Africa Bitcoin ranks #317 out of 476 companies for Interest Coverage. This places Africa Bitcoin in the lower half of its industry. The industry median Interest Coverage is 43.13. Africa Bitcoin's value of 5.38 is 87.5% below this benchmark. Historically, Africa Bitcoin's own Interest Coverage has ranged from 8.92 to 452.77 over the past decade. While the company's 10-year median is 37.29 vs. the industry median of 43.13, Africa Bitcoin 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 Asset Management company?
The median Interest Coverage among Asset Management companies is 43.13, based on 476 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. Africa Bitcoin's current Interest Coverage of 5.38 is 87.5% 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 Africa Bitcoin and its competitors. For the Asset Management industry, the median Interest Coverage is 43.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Africa Bitcoin's current Interest Coverage is 5.38, which is 86% below median its own 10-year median of 37.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Africa Bitcoin stock overvalued right now?
Africa Bitcoin (JSE:BACA.PFD) has a current Interest Coverage of 5.38. The current Interest Coverage is 5.38, which is 86% below median its 10-year median of 37.29 and 87.5% below the Asset Management industry median of 43.13. Africa Bitcoin's 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 Africa Bitcoin (JSE:BACA.PFD), the current Interest Coverage is 5.38 as of Feb. 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.

Africa Bitcoin Business Description

Address 66 Rivonia Road, Block B, Chislehurston, Sandton, GT, ZAF, 2146
Africa Bitcoin Corp Ltd is an African financial services group that provides a private credit platform with a Bitcoin treasury strategy. It provides secured lending to small and medium-sized enterprises, generating cash flows. The company combines income generation with balance sheet growth while addressing funding gaps and delivering measurable social impact.
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