Codere Online Luxembourg (MEX:CDRON) Interest Coverage: 13.65 (As of Dec. 2025) — 67% Below Median


MEX:CDRON Codere Online Luxembourg SA MEX:CDRON
74 GF Score
Price MXN155.00
GF Value MXN144.85
! 5 Warning Signs
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What is Codere Online Luxembourg Interest Coverage?

Codere Online Luxembourg MEX:CDRON 74 Interest Coverage is 13.65 as of Dec. 2025, which is 67% below its 10-year median of 41.23. GuruFocus rates MEX:CDRON with a GF Score™ of 74/100 and a GF Value™ of MXN144.85. The stock has 5 warning signs investors should review. Among 609 Travel & Leisure companies, Codere Online Luxembourg ranks better than 70.61% 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. Codere Online Luxembourg's Operating Income for the six months ended in Dec. 2025 was MXN58 Mil. Codere Online Luxembourg's Interest Expense for the six months ended in Dec. 2025 was MXN-4 Mil. Codere Online Luxembourg's interest coverage for the quarter that ended in Dec. 2025 was 13.65. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Codere Online Luxembourg's Interest Coverage or its related term are showing as below:

MEX:CDRON' s Interest Coverage Range Over the Past 10 Years
Min: 19.32   Med: 41.23   Max: No Debt
Current: 19.32


MEX:CDRON's Interest Coverage is ranked better than
70.61% of 609 companies
in the Travel & Leisure industry
Industry Median: 5.35 vs MEX:CDRON: 19.32

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


Codere Online Luxembourg  (MEX:CDRON) 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 .


Codere Online Luxembourg Interest Coverage Related Terms


Codere Online Luxembourg Interest Coverage Historical Data

* Premium members only.

The historical data trend for Codere Online Luxembourg'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.

Codere Online Luxembourg Interest Coverage Chart

Codere Online Luxembourg Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial 0.00 0.00 No Debt 41.25 19.38

Codere Online Luxembourg Semi-Annual Data
Dec18 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 No Debt 163.07 28.45 31.32 13.65

MEX:CDRON vs INSE, GAMB, ROLR: Interest Coverage Comparison

For the Gambling subindustry, Codere Online Luxembourg'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.


Codere Online Luxembourg Interest Coverage vs Travel & Leisure Industry

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

* The bar in red indicates where Codere Online Luxembourg's Interest Coverage falls into.


MEX:CDRON
74GF Score
Codere Online Luxembourg SA MEX:CDRON
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Codere Online Luxembourg 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.

Codere Online Luxembourg'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, Codere Online Luxembourg's Interest Expense was MXN-6 Mil. Its Operating Income was MXN121 Mil. And its Long-Term Debt & Capital Lease Obligation was MXN34 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*120.98/-6.241
=19.38

Codere Online Luxembourg's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the six months ended in Dec. 2025, Codere Online Luxembourg's Interest Expense was MXN-4 Mil. Its Operating Income was MXN58 Mil. And its Long-Term Debt & Capital Lease Obligation was MXN34 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*57.58/-4.217
=13.65

* 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 13.65 mean?
Codere Online Luxembourg (MEX:CDRON) has a Interest Coverage of 13.65 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Codere Online Luxembourg and its competitors. This is 67% below median its historical median of 41.23. Over the past decade, Codere Online Luxembourg's Interest Coverage has ranged from 19.32 to 10,000.00. According to the industry distribution chart, Codere Online Luxembourg ranks #179 out of 609 companies in the Travel & Leisure industry, placing it in the top 29.4%.
Is Codere Online Luxembourg's Interest Coverage too high?
Codere Online Luxembourg's current Interest Coverage of 13.65 is 67% below median its 10-year median of 41.23. Over the past 10 years, this metric has ranged from a low of 19.32 to a high of 10,000.00. The Travel & Leisure industry median Interest Coverage is 5.35. Codere Online Luxembourg's value of 13.65 is 155.1% above this industry median. Based on the distribution chart, Codere Online Luxembourg ranks #179 out of 609 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Codere Online Luxembourg has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Codere Online Luxembourg's Interest Coverage compare to INSE and GAMB?
According to the Travel & Leisure industry distribution chart, Codere Online Luxembourg ranks #179 out of 609 companies for Interest Coverage. This puts Codere Online Luxembourg in the upper half of its industry. The industry median Interest Coverage is 5.35. Codere Online Luxembourg's value of 13.65 is 155.1% above this benchmark. Historically, Codere Online Luxembourg's own Interest Coverage has ranged from 19.32 to 10,000.00 over the past decade. While the company's 10-year median is 41.23 vs. the industry median of 5.35, Codere Online Luxembourg 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 Travel & Leisure company?
The median Interest Coverage among Travel & Leisure companies is 5.35, based on 609 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. Codere Online Luxembourg's current Interest Coverage of 13.65 is 155.1% 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 Codere Online Luxembourg 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. Codere Online Luxembourg's current Interest Coverage is 13.65, which is 67% below median its own 10-year median of 41.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Codere Online Luxembourg stock overvalued right now?
Codere Online Luxembourg (MEX:CDRON) has a current Interest Coverage of 13.65. The stock's GF Value™ is MXN144.85, compared to a current price of MXN155.00 — trading 7% above its estimated fair value. The current Interest Coverage is 13.65, which is 67% below median its 10-year median of 41.23 and 155.1% above the Travel & Leisure industry median of 5.35. Codere Online Luxembourg's overall GF Score™ is 74/100 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 Codere Online Luxembourg (MEX:CDRON), the current Interest Coverage is 13.65 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 Codere Online Luxembourg (MEX:CDRON) Overvalued in 2026?

Based on GuruFocus' analysis, Codere Online Luxembourg stock appears to be overvalued. The current stock price of MXN155.00 is trading 7% above its estimated GF Value™ of MXN144.85.

Key valuation signals for MEX:CDRON:

  • Interest Coverage: 13.65 (67% below median its 10-year median of 41.23)
  • GF Value™: MXN144.85 vs. price of MXN155.00 (7% above fair value)
  • GF Score™: 74/100 with 5 warning signs
  • Industry Position: 155.1% above the Travel & Leisure median (#179 of 609)

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


Codere Online Luxembourg Business Description

Other Exchanges CDRO:USA
Address 7 rue Robert Stumper, Luxembourg, LUX, L-2557
Codere Online Luxembourg SA is an international online casino gaming and online sports betting group focused on providing its customers with a safe and enjoyable online gaming experience. It currently operates in Spain, Mexico, Colombia, and Other countries, where it offers its users the ability to play online casino games and bet on sports events. Online casino offerings include the full portfolio of games typically available in land-based casinos, gaming halls, and gambling establishments, such as slot machines, table games, and bingo. Online sports betting involves a user placing a wager on an event at some fixed odds determined by Codere Online. The company derives maximum revenue from Mexico.
74GF Score

Get the complete analysis for MEX:CDRON

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

MXN155.00
Price
MXN144.85
GF Value