Bulgarian River Shipping AD (LTS:0ONQ) Interest Coverage: 9.05 (As of Mar. 2026) — 105% Above Median

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LTS:0ONQ Bulgarian River Shipping AD LTS:0ONQ
21 GF Score
Price лв0.80
GF Value лв1.16
! 3 Warning Signs
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What is Bulgarian River Shipping AD Interest Coverage?

Bulgarian River Shipping AD LTS:0ONQ 21 Interest Coverage is 9.05 as of Mar. 2026, which is 105% above its 10-year median of 4.42. GuruFocus rates LTS:0ONQ with a GF Score™ of 21/100 and a GF Value™ of лв1.16. The stock has 3 warning signs investors should review. Among 844 Transportation companies, Bulgarian River Shipping AD ranks worse than 118483.29% 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. Bulgarian River Shipping AD's Operating Income for the three months ended in Mar. 2026 was лв0.35 Mil. Bulgarian River Shipping AD's Interest Expense for the three months ended in Mar. 2026 was лв-0.04 Mil. Bulgarian River Shipping AD's interest coverage for the quarter that ended in Mar. 2026 was 9.05. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Bulgarian River Shipping AD's Interest Coverage or its related term are showing as below:


LTS:0ONQ's Interest Coverage is not ranked *
in the Transportation industry.
Industry Median: 5.8
* Ranked among companies with meaningful Interest Coverage only.

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


Bulgarian River Shipping AD  (LTS:0ONQ) 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 .


Bulgarian River Shipping AD Interest Coverage Related Terms


Bulgarian River Shipping AD Interest Coverage Historical Data

* Premium members only.

The historical data trend for Bulgarian River Shipping AD'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.

Bulgarian River Shipping AD Interest Coverage Chart

Bulgarian River Shipping AD 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 1.76 25.14 4.42 0.00 0.00

Bulgarian River Shipping AD Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 9.05

LTS:0ONQ vs KEX: Interest Coverage Comparison

For the Marine Shipping subindustry, Bulgarian River Shipping AD'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.


Bulgarian River Shipping AD Interest Coverage vs Transportation Industry

For the Transportation industry and Industrials sector, Bulgarian River Shipping AD's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Bulgarian River Shipping AD's Interest Coverage falls into.


LTS:0ONQ
21GF Score
Bulgarian River Shipping AD LTS:0ONQ
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Bulgarian River Shipping AD 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.

Bulgarian River Shipping AD'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, Bulgarian River Shipping AD's Interest Expense was лв-0.13 Mil. Its Operating Income was лв-2.85 Mil. And its Long-Term Debt & Capital Lease Obligation was лв2.85 Mil.

Bulgarian River Shipping AD did not have earnings to cover the interest expense.

Bulgarian River Shipping AD's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Bulgarian River Shipping AD's Interest Expense was лв-0.04 Mil. Its Operating Income was лв0.35 Mil. And its Long-Term Debt & Capital Lease Obligation was лв2.83 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*0.353/-0.039
=9.05

* 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 9.05 mean?
Bulgarian River Shipping AD (LTS:0ONQ) has a Interest Coverage of 9.05 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Bulgarian River Shipping AD and its competitors. This is 105% above median its historical median of 4.42. According to the industry distribution chart, Bulgarian River Shipping AD ranks #999999 out of 844 companies in the Transportation industry.
Is Bulgarian River Shipping AD's Interest Coverage too high?
Bulgarian River Shipping AD's current Interest Coverage of 9.05 is 105% above median its 10-year median of 4.42. The Transportation industry median Interest Coverage is 5.80. Bulgarian River Shipping AD's value of 9.05 is 56% above this industry median. Based on the distribution chart, Bulgarian River Shipping AD ranks #999999 out of 844 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Bulgarian River Shipping AD has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Bulgarian River Shipping AD's Interest Coverage compare to KEX?
According to the Transportation industry distribution chart, Bulgarian River Shipping AD ranks #999999 out of 844 companies for Interest Coverage. This places Bulgarian River Shipping AD in the lower half of its industry. The industry median Interest Coverage is 5.80. Bulgarian River Shipping AD's value of 9.05 is 56% above this benchmark. While the company's 10-year median is 4.42 vs. the industry median of 5.80, Bulgarian River Shipping AD 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 Transportation company?
The median Interest Coverage among Transportation companies is 5.80, based on 844 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. Bulgarian River Shipping AD's current Interest Coverage of 9.05 is 56% 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 Bulgarian River Shipping AD and its competitors. For the Transportation industry, the median Interest Coverage is 5.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bulgarian River Shipping AD's current Interest Coverage is 9.05, which is 105% above median its own 10-year median of 4.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bulgarian River Shipping AD stock overvalued right now?
Bulgarian River Shipping AD (LTS:0ONQ) has a current Interest Coverage of 9.05. The stock's GF Value™ is лв1.16, compared to a current price of лв0.80 — trading 31% below its estimated fair value. The current Interest Coverage is 9.05, which is 105% above median its 10-year median of 4.42 and 56% above the Transportation industry median of 5.80. Bulgarian River Shipping AD's overall GF Score™ is 21/100 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 Bulgarian River Shipping AD (LTS:0ONQ), the current Interest Coverage is 9.05 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.

Is Bulgarian River Shipping AD (LTS:0ONQ) Overvalued in 2026?

Based on GuruFocus' analysis, Bulgarian River Shipping AD stock appears to be undervalued. The current stock price of лв0.80 is trading 31% below its estimated GF Value™ of лв1.16.

Key valuation signals for LTS:0ONQ:

  • Interest Coverage: 9.05 (105% above median its 10-year median of 4.42)
  • GF Value™: лв1.16 vs. price of лв0.80 (31% below fair value)
  • GF Score™: 21/100 with 3 warning signs
  • Industry Position: 56% above the Transportation median (#999999 of 844)

No single metric tells the full story. See the LTS:0ONQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bulgarian River Shipping AD Business Description

Other Exchanges BRP:Bulgaria
Address Otetz Paisii Square 2, Ruse, BGR, 7000
Bulgarian River Shipping AD operates in the transportation industry. The company provides ferry services for passengers, transport of mass and general cargos, transport non-dangerous goods and fuels, and transport of large-scale and concentrated loads.
21GF Score

Get the complete analysis for LTS:0ONQ

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

лв0.80
Price
лв1.16
GF Value