Trellidor Holdings (JSE:TRL) Interest Coverage: 0.84 (As of Dec. 2025) — 89% Below Median


JSE:TRL Trellidor Holdings Ltd JSE:TRL
67 GF Score
Price R1.29
GF Value R1.44
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Trellidor Holdings Interest Coverage?

Trellidor Holdings JSE:TRL +4.88% 67 Interest Coverage is 0.84 as of Dec. 2025, which is 89% below its 10-year median of 7.79. GuruFocus rates JSE:TRL with a GF Score™ of 67/100 and a GF Value™ of R1.44 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 814 Business Services companies, Trellidor Holdings ranks worse than 92.01% 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. Trellidor Holdings's Operating Income for the six months ended in Dec. 2025 was R3.5 Mil. Trellidor Holdings's Interest Expense for the six months ended in Dec. 2025 was R-4.1 Mil. Trellidor Holdings's interest coverage for the quarter that ended in Dec. 2025 was 0.84. The higher the ratio, the stronger the company's financial strength is.

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

JSE:TRL' s Interest Coverage Range Over the Past 10 Years
Min: 1.2   Med: 7.79   Max: 56.79
Current: 1.23


JSE:TRL's Interest Coverage is ranked worse than
92.01% of 814 companies
in the Business Services industry
Industry Median: 12.98 vs JSE:TRL: 1.23

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


Trellidor Holdings  (JSE:TRL) 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 .


Trellidor Holdings Interest Coverage Related Terms


Trellidor Holdings Interest Coverage Historical Data

* Premium members only.

The historical data trend for Trellidor 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.

Trellidor Holdings Interest Coverage Chart

Trellidor Holdings Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.79 4.15 1.20 4.23 4.20

Trellidor Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.29 9.01 5.75 1.67 0.84

JSE:TRL vs ALLE, MSA, ADT: Interest Coverage Comparison

For the Security & Protection Services subindustry, Trellidor 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.


Trellidor Holdings Interest Coverage vs Business Services Industry

For the Business Services industry and Industrials sector, Trellidor Holdings's Interest Coverage distribution charts can be found below:

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


JSE:TRL
67GF Score
Trellidor Holdings Ltd JSE:TRL
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Trellidor 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 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.

Trellidor Holdings's Interest Coverage for the fiscal year that ended in Jun. 2025 is calculated as

Here, for the fiscal year that ended in Jun. 2025, Trellidor Holdings's Interest Expense was R-9.5 Mil. Its Operating Income was R39.8 Mil. And its Long-Term Debt & Capital Lease Obligation was R52.7 Mil.

Interest Coverage=-1* Operating Income (A: Jun. 2025 )/Interest Expense (A: Jun. 2025 )
=-1*39.756/-9.466
=4.20

Trellidor Holdings's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the six months ended in Dec. 2025, Trellidor Holdings's Interest Expense was R-4.1 Mil. Its Operating Income was R3.5 Mil. And its Long-Term Debt & Capital Lease Obligation was R11.1 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*3.482/-4.132
=0.84

* 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 0.84 mean?
Trellidor Holdings (JSE:TRL) has a Interest Coverage of 0.84 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Trellidor Holdings and its competitors. This is 89% below median its historical median of 7.79. Over the past decade, Trellidor Holdings' Interest Coverage has ranged from 1.20 to 56.79. According to the industry distribution chart, Trellidor Holdings ranks #749 out of 814 companies in the Business Services industry, placing it in the top 92%.
Is Trellidor Holdings' Interest Coverage too high?
Trellidor Holdings' current Interest Coverage of 0.84 is 89% below median its 10-year median of 7.79. Over the past 10 years, this metric has ranged from a low of 1.20 to a high of 56.79. The Business Services industry median Interest Coverage is 12.98. Trellidor Holdings' value of 0.84 is 93.5% below this industry median. Based on the distribution chart, Trellidor Holdings ranks #749 out of 814 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Trellidor Holdings has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Trellidor Holdings' Interest Coverage compare to ALLE and MSA?
According to the Business Services industry distribution chart, Trellidor Holdings ranks #749 out of 814 companies for Interest Coverage. This places Trellidor Holdings in the lower half of its industry. The industry median Interest Coverage is 12.98. Trellidor Holdings' value of 0.84 is 93.5% below this benchmark. Historically, Trellidor Holdings' own Interest Coverage has ranged from 1.20 to 56.79 over the past decade. While the company's 10-year median is 7.79 vs. the industry median of 12.98, Trellidor Holdings 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 a Business Services company?
The median Interest Coverage among Business Services companies is 12.98, based on 814 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. Trellidor Holdings's current Interest Coverage of 0.84 is 93.5% 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 Trellidor Holdings and its competitors. For the Business Services industry, the median Interest Coverage is 12.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trellidor Holdings's current Interest Coverage is 0.84, which is 89% below median its own 10-year median of 7.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trellidor Holdings stock overvalued right now?
Based on GuruFocus' analysis, Trellidor Holdings (JSE:TRL) is currently considered Modestly Undervalued. The stock's GF Value™ is R1.44, compared to a current price of R1.29 — trading 10.4% below its estimated fair value. The current Interest Coverage is 0.84, which is 89% below median its 10-year median of 7.79 and 93.5% below the Business Services industry median of 12.98. Trellidor Holdings' overall GF Score™ is 67/100 with 5 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 Trellidor Holdings (JSE:TRL), the current Interest Coverage is 0.84 as of Dec. 2025. 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.

Is Trellidor Holdings (JSE:TRL) Overvalued in 2026?

Based on GuruFocus' analysis, Trellidor Holdings stock appears to be undervalued. The current stock price of R1.29 is trading 10.4% below its estimated GF Value™ of R1.44. GuruFocus considers Trellidor Holdings to be Modestly Undervalued.

Key valuation signals for JSE:TRL:

  • Interest Coverage: 0.84 (89% below median its 10-year median of 7.79)
  • GF Value™: R1.44 vs. price of R1.29 (10.4% below fair value)
  • GF Score™: 67/100 with 5 warning signs
  • Industry Position: 93.5% below the Business Services median (#749 of 814)

No single metric tells the full story. See the JSE:TRL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Trellidor Holdings Business Description

Address 20 Aberdare Drive, Phoenix Industrial Park, Durban, NL, ZAF, 4001
Trellidor Holdings Ltd operates in the security and protection services industry. The group operating segments include Trellidor; and Holdings. Its Trellidor segment is engaged in the manufacture and distribution of custom-made barrier security products. Holdings is engaged in Management of the group treasury function and receives management fee income. It generates maximum revenue from the Trellidor segment. Geographically, it derives a majority of its revenue from South Africa, and also has its presence in Rest of Africa and Rest of the world.
67GF Score

Get the complete analysis for JSE:TRL

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R1.29
Price
R1.44
GF Value