Velcan Holdings (LUX:VLCN) Interest Coverage: No Debt (1) (As of Dec. 2025) — 100% Below Median


LUX:VLCN Velcan Holdings LUX:VLCN
30 GF Score
Price €15.40
GF Value €14.88
Valuation Fairly Valued
! 1 Warning Sign
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What is Velcan Holdings Interest Coverage?

Velcan Holdings LUX:VLCN 30 Interest Coverage is No Debt (1) as of Dec. 2025, which is 100% below its 10-year median of 10,000.00. GuruFocus rates LUX:VLCN with a GF Score™ of 30/100 and a GF Value™ of €14.88 (Fairly Valued). The stock has 1 warning sign investors should review. Among 320 Utilities - Independent Power Producers companies, Velcan Holdings ranks worse than 312499.69% 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. Velcan Holdings's Operating Income for the six months ended in Dec. 2025 was €0.00 Mil. Velcan Holdings's Interest Expense for the six months ended in Dec. 2025 was €0.00 Mil. Velcan Holdings has no debt. The higher the ratio, the stronger the company's financial strength is.

(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 Velcan Holdings's Interest Coverage or its related term are showing as below:


LUX:VLCN's Interest Coverage is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 2.915
* 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.


Velcan Holdings  (LUX:VLCN) 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 .


Velcan Holdings Interest Coverage Related Terms


Velcan Holdings Interest Coverage Historical Data

* Premium members only.

The historical data trend for Velcan 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.

Velcan Holdings Interest Coverage Chart

Velcan 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 0.17 0.00 No Debt

Velcan 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 0.00 0.00 0.00 No Debt

Velcan Holdings Interest Coverage Competitor Comparison

For the Utilities - Renewable subindustry, Velcan 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.


Velcan Holdings Interest Coverage vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Velcan Holdings's Interest Coverage distribution charts can be found below:

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


LUX:VLCN
30GF Score
Velcan Holdings LUX:VLCN
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Velcan 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.

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

Velcan Holdings had no debt (1).

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

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

Velcan 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?
Velcan Holdings (LUX:VLCN) 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 Velcan Holdings and its competitors. This is 100% below median its historical median of 10,000.00. According to the industry distribution chart, Velcan Holdings ranks #999999 out of 320 companies in the Utilities - Independent Power Producers industry.
Is Velcan Holdings' Interest Coverage too high?
Velcan Holdings' current Interest Coverage of No Debt (1) is 100% below median its 10-year median of 10,000.00. Based on the distribution chart, Velcan Holdings ranks #999999 out of 320 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Velcan Holdings has a GF Score™ of 30/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Velcan Holdings' Interest Coverage compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Velcan Holdings ranks #999999 out of 320 companies for Interest Coverage. This places Velcan Holdings in the lower half of its industry. The industry median Interest Coverage is 2.92. 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 Utilities - Independent Power Producers company?
The median Interest Coverage among Utilities - Independent Power Producers companies is 2.92, based on 320 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 Velcan Holdings and its competitors. For the Utilities - Independent Power Producers industry, the median Interest Coverage is 2.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Velcan 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 Velcan Holdings stock overvalued right now?
Based on GuruFocus' analysis, Velcan Holdings (LUX:VLCN) is currently considered Fairly Valued. The stock's GF Value™ is €14.88, compared to a current price of €15.40 — trading 3.5% above 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. Velcan Holdings' overall GF Score™ is 30/100 with 1 warning sign 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 Velcan Holdings (LUX:VLCN), 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.

Is Velcan Holdings (LUX:VLCN) Overvalued in 2026?

Based on GuruFocus' analysis, Velcan Holdings stock appears to be overvalued. The current stock price of €15.40 is trading 3.5% above its estimated GF Value™ of €14.88. GuruFocus considers Velcan Holdings to be Fairly Valued.

Key valuation signals for LUX:VLCN:

  • Interest Coverage: No Debt (1) (100% below median its 10-year median of 10,000.00)
  • GF Value™: €14.88 vs. price of €15.40 (3.5% above fair value)
  • GF Score™: 30/100 with 1 warning sign

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


Velcan Holdings Business Description

Address 11 Avenue Guillaume, Luxembourg, LUX, L-1651
Velcan Holdings manages a portfolio of financial assets, focusing on minority investments and listed securities. The assets of the group are deployed in listed and unlisted financial investments, minority private equity participations, commodities, bonds, cash and cash equivalents (bank current accounts and deposits), and a 15 MW hydro power plant in Brazil.
30GF Score

Get the complete analysis for LUX:VLCN

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

€15.40
Price
€14.88
GF Value