Garpco AB (NGM:GARPCO B) Interest Coverage: 12.21 (As of Mar. 2026) — 189% Above Median


NGM:GARPCO B Garpco AB NGM:GARPCO B
15 GF Score
Price kr260.00
! 2 Warning Signs
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What is Garpco AB Interest Coverage?

Garpco AB NGM:GARPCO B 15 Interest Coverage is 12.21 as of Mar. 2026, which is 189% above its 10-year median of 4.23. GuruFocus rates NGM:GARPCO B with a GF Score™ of 15/100. The stock has 2 warning signs investors should review. Among 483 Asset Management companies, Garpco AB ranks worse than 68.94% 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. Garpco AB's Operating Income for the three months ended in Mar. 2026 was kr8.8 Mil. Garpco AB's Interest Expense for the three months ended in Mar. 2026 was kr-0.7 Mil. Garpco AB's interest coverage for the quarter that ended in Mar. 2026 was 12.21. The higher the ratio, the stronger the company's financial strength is.

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

NGM:GARPCO B' s Interest Coverage Range Over the Past 10 Years
Min: 2.65   Med: 4.23   Max: 9.3
Current: 7.58


NGM:GARPCO B's Interest Coverage is ranked worse than
68.94% of 483 companies
in the Asset Management industry
Industry Median: 45.22 vs NGM:GARPCO B: 7.58

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


Garpco AB  (NGM:GARPCO B) 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 .


Garpco AB Interest Coverage Related Terms


Garpco AB Interest Coverage Historical Data

* Premium members only.

The historical data trend for Garpco AB'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.

Garpco AB Interest Coverage Chart

Garpco AB Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
6.02 9.30 4.23 2.65 3.59

Garpco AB Quarterly Data
Dec21 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 0.00 4.03 2.42 10.76 12.21

NGM:GARPCO B vs BLK, BX, KKR: Interest Coverage Comparison

For the Asset Management subindustry, Garpco AB'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.


Garpco AB Interest Coverage vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Garpco AB's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Garpco AB's Interest Coverage falls into.


NGM:GARPCO B
15GF Score
Garpco AB NGM:GARPCO B
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Garpco AB 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.

Garpco AB'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, Garpco AB's Interest Expense was kr-3.5 Mil. Its Operating Income was kr12.7 Mil. And its Long-Term Debt & Capital Lease Obligation was kr68.7 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*12.746/-3.548
=3.59

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

Here, for the three months ended in Mar. 2026, Garpco AB's Interest Expense was kr-0.7 Mil. Its Operating Income was kr8.8 Mil. And its Long-Term Debt & Capital Lease Obligation was kr69.7 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*8.829/-0.723
=12.21

* 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 12.21 mean?
Garpco AB (NGM:GARPCO B) has a Interest Coverage of 12.21 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Garpco AB and its competitors. This is 189% above median its historical median of 4.23. Over the past decade, Garpco AB's Interest Coverage has ranged from 2.65 to 9.30. According to the industry distribution chart, Garpco AB ranks #333 out of 483 companies in the Asset Management industry, placing it in the top 68.9%.
Is Garpco AB's Interest Coverage too high?
Garpco AB's current Interest Coverage of 12.21 is 189% above median its 10-year median of 4.23. Over the past 10 years, this metric has ranged from a low of 2.65 to a high of 9.30. The Asset Management industry median Interest Coverage is 45.22. Garpco AB's value of 12.21 is 73% below this industry median. Based on the distribution chart, Garpco AB ranks #333 out of 483 companies in the Asset Management industry, which is below the industry midpoint. Overall, Garpco AB has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Garpco AB's Interest Coverage compare to BLK and BX?
According to the Asset Management industry distribution chart, Garpco AB ranks #333 out of 483 companies for Interest Coverage. This places Garpco AB in the lower half of its industry. The industry median Interest Coverage is 45.22. Garpco AB's value of 12.21 is 73% below this benchmark. Historically, Garpco AB's own Interest Coverage has ranged from 2.65 to 9.30 over the past decade. While the company's 10-year median is 4.23 vs. the industry median of 45.22, Garpco AB has consistently been below 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 Asset Management company?
The median Interest Coverage among Asset Management companies is 45.22, based on 483 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. Garpco AB's current Interest Coverage of 12.21 is 73% below 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 Garpco AB and its competitors. For the Asset Management industry, the median Interest Coverage is 45.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Garpco AB's current Interest Coverage is 12.21, which is 189% above median its own 10-year median of 4.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Garpco AB stock overvalued right now?
Garpco AB (NGM:GARPCO B) has a current Interest Coverage of 12.21. The current Interest Coverage is 12.21, which is 189% above median its 10-year median of 4.23 and 73% below the Asset Management industry median of 45.22. Garpco AB's overall GF Score™ is 15/100 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 Garpco AB (NGM:GARPCO B), the current Interest Coverage is 12.21 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.

Garpco AB Business Description

Address Huskvarnavagen 80, 3 tr, Jonkoping, SWE, 554 54
Garpco AB is a company that operates through its subsidiaries whose business concept consists of acquiring and long-term development of small and medium-sized industrial and trading companies. Through a combination of company acquisitions and organic growth in the subsidiaries, they create a profitable company group of such a size that the individual subsidiaries' needs for both competent employees and growth capital are secured, while at the same time, it gives the shareholders a good return on invested capital.
15GF Score

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

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