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. SL Green Realty's
Operating Income
for the
three
months ended in Mar. 2026 was MXN-453 Mil. SL Green Realty's Interest Expense for the
three
months ended in Mar. 2026 was MXN-1,188 Mil.
did not have earnings to cover the interest expense.
The higher the ratio, the stronger the company's financial strength is.
Warning Sign:
Ben Graham prefers companies' interest coverage to be at least 5. SL Green Realty Corps earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.
The historical rank and industry rank for SL Green Realty's Interest Coverage or its related term are showing as below:
MEX:SLG'
s Interest Coverage Range Over the Past 10 Years
Min: 0.29 Med: 1.39 Max: 2.2
Current: 0.29
MEX:SLG's Interest Coverage is ranked worse than 97.57% of 700
companies
in the REITs industry
Industry Median: 3.095
vs MEX:SLG: 0.29
SL Green Realty (MEX:SLG) 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 .
SL Green Realty Interest Coverage Related Terms
SL Green Realty Interest Coverage Historical Data
* Premium members only.
The historical data trend for SL Green Realty'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.
MEX:SLG vs HIW, CDP, KRC: Interest Coverage Comparison
For the REIT - Office subindustry, SL Green Realty'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.
SL Green Realty Interest Coverage vs REITs Industry
For the REITs industry and Real Estate sector, SL Green Realty's Interest Coverage distribution charts can be found below:
* The bar in red indicates where SL Green Realty's Interest Coverage falls into.
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:
SL Green Realty did not have earnings to cover the interest expense.
* 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.
What does a Interest Coverage of 0 (At Loss) mean?
SL Green Realty (MEX:SLG) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on SL Green Realty and its competitors. Over the past decade, SL Green Realty's Interest Coverage has ranged from 0.29 to 2.20. According to the industry distribution chart, SL Green Realty ranks #683 out of 700 companies in the REITs industry, placing it in the top 97.6%.
Is SL Green Realty's Interest Coverage too high?
SL Green Realty's current Interest Coverage is 0 (At Loss). Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 2.20. Based on the distribution chart, SL Green Realty ranks #683 out of 700 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, SL Green Realty has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does SL Green Realty's Interest Coverage compare to HIW and CDP?
According to the REITs industry distribution chart, SL Green Realty ranks #683 out of 700 companies for Interest Coverage. This places SL Green Realty in the lower half of its industry. The industry median Interest Coverage is 3.10. Historically, SL Green Realty's own Interest Coverage has ranged from 0.29 to 2.20 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 REITs company?
The median Interest Coverage among REITs companies is 3.10, based on 700 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 SL Green Realty and its competitors. For the REITs industry, the median Interest Coverage is 3.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SL Green Realty's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SL Green Realty stock overvalued right now?
Based on GuruFocus' analysis, SL Green Realty (MEX:SLG) is currently considered Fairly Valued. The stock's GF Value™ is MXN713.08, compared to a current price of MXN743.00 — trading 4.2% above its estimated fair value. The current Interest Coverage is 0 (At Loss). SL Green Realty's overall GF Score™ is 52/100 with 11 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 SL Green Realty (MEX:SLG), the current Interest Coverage is 0 (At Loss) 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 SL Green Realty (MEX:SLG) Overvalued in 2026?
Based on GuruFocus' analysis, SL Green Realty stock appears to be overvalued.
The current stock price of MXN743.00 is trading 4.2% above its estimated GF Value™ of MXN713.08.
GuruFocus considers SL Green Realty to be Fairly Valued.
Key valuation signals for MEX:SLG:
Interest Coverage: 0 (At Loss)
GF Value™: MXN713.08 vs. price of MXN743.00 (4.2% above fair value)
No single metric tells the full story. See the MEX:SLG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SL Green Realty is one of the largest Manhattan property owners and landlords, with interest in around 31.4 million square feet of wholly owned and joint-venture office space. The company has additional property exposure through its limited portfolio of well-located retail space. It operates as a real estate investment trust.
52GF Score
Get the complete analysis for MEX:SLG
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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