A2A SpA (MEX:A2AN) Interest Coverage: 6.38 (As of Mar. 2026) — Near Median


MEX:A2AN A2A SpA MEX:A2AN
75 GF Score
Price MXN47.66
GF Value MXN50.08
! 2 Warning Signs
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What is A2A SpA Interest Coverage?

A2A SpA MEX:A2AN 75 Interest Coverage is 6.38 as of Mar. 2026, which is 5% above its 10-year median of 6.05. GuruFocus rates MEX:A2AN with a GF Score™ of 75/100 and a GF Value™ of MXN50.08. The stock has 2 warning signs investors should review. Among 449 Utilities - Regulated companies, A2A SpA ranks better than 62.58% 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. A2A SpA's Operating Income for the three months ended in Mar. 2026 was MXN7,046 Mil. A2A SpA's Interest Expense for the three months ended in Mar. 2026 was MXN-1,105 Mil. A2A SpA's interest coverage for the quarter that ended in Mar. 2026 was 6.38. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for A2A SpA's Interest Coverage or its related term are showing as below:

MEX:A2AN' s Interest Coverage Range Over the Past 10 Years
Min: 4.8   Med: 6.05   Max: 8.75
Current: 5.39


MEX:A2AN's Interest Coverage is ranked better than
62.58% of 449 companies
in the Utilities - Regulated industry
Industry Median: 3.78 vs MEX:A2AN: 5.39

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


A2A SpA  (MEX:A2AN) 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 .


A2A SpA Interest Coverage Related Terms


A2A SpA Interest Coverage Historical Data

* Premium members only.

The historical data trend for A2A SpA'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.

A2A SpA Interest Coverage Chart

A2A SpA 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 8.75 5.27 4.92 7.12 5.69

A2A SpA Quarterly Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 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 7.41 7.05 3.81 5.08 6.38

MEX:A2AN vs SRE: Interest Coverage Comparison

For the Utilities - Diversified subindustry, A2A SpA'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.


A2A SpA Interest Coverage vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, A2A SpA's Interest Coverage distribution charts can be found below:

* The bar in red indicates where A2A SpA's Interest Coverage falls into.


MEX:A2AN
75GF Score
A2A SpA MEX:A2AN
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

A2A SpA 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.

A2A SpA'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, A2A SpA's Interest Expense was MXN-4,238 Mil. Its Operating Income was MXN24,120 Mil. And its Long-Term Debt & Capital Lease Obligation was MXN131,058 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*24120.048/-4237.876
=5.69

A2A SpA's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, A2A SpA's Interest Expense was MXN-1,105 Mil. Its Operating Income was MXN7,046 Mil. And its Long-Term Debt & Capital Lease Obligation was MXN0 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*7046.304/-1104.894
=6.38

* 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 6.38 mean?
A2A SpA (MEX:A2AN) has a Interest Coverage of 6.38 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on A2A SpA and its competitors. This is near median its historical median of 6.05. Over the past decade, A2A SpA's Interest Coverage has ranged from 4.80 to 8.75. According to the industry distribution chart, A2A SpA ranks #168 out of 449 companies in the Utilities - Regulated industry, placing it in the top 37.4%.
Is A2A SpA's Interest Coverage too high?
A2A SpA's current Interest Coverage of 6.38 is near median its 10-year median of 6.05. Over the past 10 years, this metric has ranged from a low of 4.80 to a high of 8.75. The Utilities - Regulated industry median Interest Coverage is 3.78. A2A SpA's value of 6.38 is 68.8% above this industry median. Based on the distribution chart, A2A SpA ranks #168 out of 449 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, A2A SpA has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does A2A SpA's Interest Coverage compare to SRE?
According to the Utilities - Regulated industry distribution chart, A2A SpA ranks #168 out of 449 companies for Interest Coverage. This puts A2A SpA in the upper half of its industry. The industry median Interest Coverage is 3.78. A2A SpA's value of 6.38 is 68.8% above this benchmark. Historically, A2A SpA's own Interest Coverage has ranged from 4.80 to 8.75 over the past decade. While the company's 10-year median is 6.05 vs. the industry median of 3.78, A2A SpA 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 an Utilities - Regulated company?
The median Interest Coverage among Utilities - Regulated companies is 3.78, based on 449 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. A2A SpA's current Interest Coverage of 6.38 is 68.8% 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 A2A SpA and its competitors. For the Utilities - Regulated industry, the median Interest Coverage is 3.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. A2A SpA's current Interest Coverage is 6.38, which is near median its own 10-year median of 6.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is A2A SpA stock overvalued right now?
A2A SpA (MEX:A2AN) has a current Interest Coverage of 6.38. The stock's GF Value™ is MXN50.08, compared to a current price of MXN47.66 — trading 4.8% below its estimated fair value. The current Interest Coverage is 6.38, which is near median its 10-year median of 6.05 and 68.8% above the Utilities - Regulated industry median of 3.78. A2A SpA's overall GF Score™ is 75/100 with 2 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 A2A SpA (MEX:A2AN), the current Interest Coverage is 6.38 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 A2A SpA (MEX:A2AN) Overvalued in 2026?

Based on GuruFocus' analysis, A2A SpA stock appears to be undervalued. The current stock price of MXN47.66 is trading 4.8% below its estimated GF Value™ of MXN50.08.

Key valuation signals for MEX:A2AN:

  • Interest Coverage: 6.38 (near median its 10-year median of 6.05)
  • GF Value™: MXN50.08 vs. price of MXN47.66 (4.8% below fair value)
  • GF Score™: 75/100 with 2 warning signs
  • Industry Position: 68.8% above the Utilities - Regulated median (#168 of 449)

No single metric tells the full story. See the MEX:A2AN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


A2A SpA Business Description

Address Via Lamarmora 230, Brescia, ITA, 25124
A2A SpA together with its subsidiaries is engaged in the production, sale, and distribution of electricity; sale and distribution of gas; production, distribution, and sale of heat through district heating networks, technical consultancy relating to energy efficiency certificates, waste management (from collection and sweeping to disposal) and the construction and management of integrated waste disposal plants and systems, also making these available for other operators, and integrated water cycle management.
75GF Score

Get the complete analysis for MEX:A2AN

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

MXN47.66
Price
MXN50.08
GF Value