B90 Holdings (LSE:B90) Interest Coverage: No Debt (1) (As of Dec. 2025) — 100% Below Median


What is B90 Holdings Interest Coverage?

B90 Holdings LSE:B90 Interest Coverage is No Debt (1) as of Dec. 2025, which is 100% below its 10-year median of 10,000.00. The stock has 4 warning signs investors should review. Among 610 Travel & Leisure companies, B90 Holdings ranks better than 99.51% 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. B90 Holdings's Operating Income for the six months ended in Dec. 2025 was £0.37 Mil. B90 Holdings's Interest Expense for the six months ended in Dec. 2025 was £0.00 Mil. B90 Holdings has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

B90 Holdings PLC has no debt.

(1) 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.

The historical rank and industry rank for B90 Holdings's Interest Coverage or its related term are showing as below:

LSE:B90' s Interest Coverage Range Over the Past 10 Years
Min: 184.38   Med: No Debt   Max: No Debt
Current: No Debt


LSE:B90's Interest Coverage is ranked better than
99.51% of 610 companies
in the Travel & Leisure industry
Industry Median: 5.35 vs LSE:B90: No Debt

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


B90 Holdings  (LSE:B90) 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 .


B90 Holdings Interest Coverage Related Terms


B90 Holdings Interest Coverage Historical Data

* Premium members only.

The historical data trend for B90 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.

B90 Holdings Interest Coverage Chart

B90 Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 No Debt No Debt

B90 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 0.00 No Debt No Debt No Debt No Debt

LSE:B90 vs FLUT, DKNG, SGHC: Interest Coverage Comparison

For the Gambling subindustry, B90 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.


B90 Holdings Interest Coverage vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, B90 Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where B90 Holdings's Interest Coverage falls into.



B90 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.

B90 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, B90 Holdings's Interest Expense was £0.00 Mil. Its Operating Income was £0.33 Mil. And its Long-Term Debt & Capital Lease Obligation was £0.00 Mil.

B90 Holdings had no debt (1).

B90 Holdings's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the six months ended in Dec. 2025, B90 Holdings's Interest Expense was £0.00 Mil. Its Operating Income was £0.37 Mil. And its Long-Term Debt & Capital Lease Obligation was £0.00 Mil.

B90 Holdings had no debt (1).

* 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 No Debt <sup>(1)</sup> mean?
B90 Holdings (LSE:B90) has a Interest Coverage of No Debt (1) as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on B90 Holdings and its competitors. This is 100% below median its historical median of 10,000.00. Over the past decade, B90 Holdings' Interest Coverage has ranged from 184.38 to 10,000.00. According to the industry distribution chart, B90 Holdings ranks #3 out of 610 companies in the Travel & Leisure industry, placing it in the top 0.5%.
Is B90 Holdings' Interest Coverage too high?
B90 Holdings' current Interest Coverage of No Debt (1) is 100% below median its 10-year median of 10,000.00. Over the past 10 years, this metric has ranged from a low of 184.38 to a high of 10,000.00. Based on the distribution chart, B90 Holdings ranks #3 out of 610 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers.
How does B90 Holdings' Interest Coverage compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, B90 Holdings ranks #3 out of 610 companies for Interest Coverage. This places B90 Holdings in the top 1% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 5.35. Historically, B90 Holdings' own Interest Coverage has ranged from 184.38 to 10,000.00 over the past decade. 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 Travel & Leisure company?
The median Interest Coverage among Travel & Leisure companies is 5.35, based on 610 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. 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 B90 Holdings and its competitors. For the Travel & Leisure industry, the median Interest Coverage is 5.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. B90 Holdings's current Interest Coverage is No Debt (1), which is 100% below median its own 10-year median of 10,000.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is B90 Holdings stock overvalued right now?
Based on GuruFocus' analysis, B90 Holdings (LSE:B90) is currently considered Significantly Undervalued. The stock's GF Value™ is £0.07, compared to a current price of £0.03 — trading 62.9% below its estimated fair value. The current Interest Coverage is No Debt (1), which is 100% below median its 10-year median of 10,000.00. 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 B90 Holdings (LSE:B90), the current Interest Coverage is No Debt (1) 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.

B90 Holdings Business Description

Other Exchanges 24GN:Germany
Address 33-37 Athol Street, Douglas, IMN, IM1 1LB
B90 Holdings PLC is a gambling company. The company is engaged in offering online Sportsbook and Casino operations, casino products as well as marketing activities for other online gaming companies. The company earns maximum revenue from Affiliate marketing commissions.