SOL SpA (MIL:SOL) Interest Coverage: 11.73 (As of Dec. 2025) — Near Median


MIL:SOL SOL SpA MIL:SOL
78 GF Score
Price €57.50
GF Value €42.40
Valuation Significantly Overvalued
! 5 Warning Signs
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What is SOL SpA Interest Coverage?

SOL SpA MIL:SOL -2.21% 78 Interest Coverage is 11.73 as of Dec. 2025, which is 0% above its 10-year median of 11.68. GuruFocus rates MIL:SOL with a GF Score™ of 78/100 and a GF Value™ of €42.40 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,237 Chemicals companies, SOL SpA ranks better than 53.6% 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. SOL SpA's Operating Income for the six months ended in Dec. 2025 was €120 Mil. SOL SpA's Interest Expense for the six months ended in Dec. 2025 was €-10 Mil. SOL SpA's interest coverage for the quarter that ended in Dec. 2025 was 11.73. The higher the ratio, the stronger the company's financial strength is.

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

MIL:SOL' s Interest Coverage Range Over the Past 10 Years
Min: 7.76   Med: 11.68   Max: 16.41
Current: 12.32


MIL:SOL's Interest Coverage is ranked better than
53.6% of 1237 companies
in the Chemicals industry
Industry Median: 10.21 vs MIL:SOL: 12.32

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


SOL SpA  (MIL:SOL) 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 .


SOL SpA Interest Coverage Related Terms


SOL SpA Interest Coverage Historical Data

* Premium members only.

The historical data trend for SOL 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.

SOL SpA Interest Coverage Chart

SOL 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 15.41 13.13 13.61 11.04 12.32

SOL SpA 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 11.18 12.80 9.57 12.97 11.73

MIL:SOL vs LIN, SHW, ECL: Interest Coverage Comparison

For the Specialty Chemicals subindustry, SOL 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.


SOL SpA Interest Coverage vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, SOL SpA's Interest Coverage distribution charts can be found below:

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


MIL:SOL
78GF Score
SOL SpA MIL:SOL
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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SOL 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.

SOL 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, SOL SpA's Interest Expense was €-20 Mil. Its Operating Income was €241 Mil. And its Long-Term Debt & Capital Lease Obligation was €711 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*240.766/-19.543
=12.32

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

Here, for the six months ended in Dec. 2025, SOL SpA's Interest Expense was €-10 Mil. Its Operating Income was €120 Mil. And its Long-Term Debt & Capital Lease Obligation was €711 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*119.5/-10.19
=11.73

* 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 11.73 mean?
SOL SpA (MIL:SOL) has a Interest Coverage of 11.73 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on SOL SpA and its competitors. This is near median its historical median of 11.68. Over the past decade, SOL SpA's Interest Coverage has ranged from 7.76 to 16.41. According to the industry distribution chart, SOL SpA ranks #574 out of 1237 companies in the Chemicals industry, placing it in the top 46.4%.
Is SOL SpA's Interest Coverage too high?
SOL SpA's current Interest Coverage of 11.73 is near median its 10-year median of 11.68. Over the past 10 years, this metric has ranged from a low of 7.76 to a high of 16.41. The Chemicals industry median Interest Coverage is 10.21. SOL SpA's value of 11.73 is 14.9% above this industry median. Based on the distribution chart, SOL SpA ranks #574 out of 1237 companies in the Chemicals industry, which is above the industry midpoint. Overall, SOL SpA has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SOL SpA's Interest Coverage compare to LIN and SHW?
According to the Chemicals industry distribution chart, SOL SpA ranks #574 out of 1237 companies for Interest Coverage. This puts SOL SpA in the upper half of its industry. The industry median Interest Coverage is 10.21. SOL SpA's value of 11.73 is 14.9% above this benchmark. Historically, SOL SpA's own Interest Coverage has ranged from 7.76 to 16.41 over the past decade. While the company's 10-year median is 11.68 vs. the industry median of 10.21, SOL 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 a Chemicals company?
The median Interest Coverage among Chemicals companies is 10.21, based on 1,237 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. SOL SpA's current Interest Coverage of 11.73 is 14.9% 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 SOL SpA and its competitors. For the Chemicals industry, the median Interest Coverage is 10.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SOL SpA's current Interest Coverage is 11.73, which is near median its own 10-year median of 11.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SOL SpA stock overvalued right now?
Based on GuruFocus' analysis, SOL SpA (MIL:SOL) is currently considered Significantly Overvalued. The stock's GF Value™ is €42.40, compared to a current price of €57.50 — trading 35.6% above its estimated fair value. The current Interest Coverage is 11.73, which is near median its 10-year median of 11.68 and 14.9% above the Chemicals industry median of 10.21. SOL SpA's overall GF Score™ is 78/100 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 SOL SpA (MIL:SOL), the current Interest Coverage is 11.73 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 SOL SpA (MIL:SOL) Overvalued in 2026?

Based on GuruFocus' analysis, SOL SpA stock appears to be overvalued. The current stock price of €57.50 is trading 35.6% above its estimated GF Value™ of €42.40. GuruFocus considers SOL SpA to be Significantly Overvalued.

Key valuation signals for MIL:SOL:

  • Interest Coverage: 11.73 (near median its 10-year median of 11.68)
  • GF Value™: €42.40 vs. price of €57.50 (35.6% above fair value)
  • GF Score™: 78/100 with 5 warning signs
  • Industry Position: 14.9% above the Chemicals median (#574 of 1237)

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


SOL SpA Business Description

Other Exchanges SOLm:UK0NJP:UKQOL:Germany
Address Via Borgazzi, 27, Monza, ITA, 20900
SOL SpA manufactures and sells industrial gases and medical equipment. The firm's two segments are based on product type. The home-care segment, which generates the majority of revenue, sells a variety of medicinal gases including oxygen, nitrogen, nitrous oxide, carbon dioxide, synthetic air, and medical air. The segment also provides medical air services for hospitals. The technical gases segment sells gas-based products to the energy, agricultural, food, metalworking, glass, and electronics industries. More of SOL's revenue comes from Italy than any other country.
78GF Score

Get the complete analysis for MIL:SOL

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

€57.50
Price
€42.40
GF Value