FastPassCorp AS (OCSE:FASTPC) Interest Coverage: No Debt (1) (As of Dec. 2025) — 88% Below Median


OCSE:FASTPC FastPassCorp AS OCSE:FASTPC
31 GF Score
Price kr34.00
! 2 Warning Signs
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What is FastPassCorp AS Interest Coverage?

FastPassCorp AS OCSE:FASTPC +3.03% 31 Interest Coverage is No Debt (1) as of Dec. 2025, which is 100% below its 10-year median of 8.09. GuruFocus rates OCSE:FASTPC with a GF Score™ of 31/100. The stock has 2 warning signs investors should review. Among 1,707 Software companies, FastPassCorp AS ranks better than 98.89% 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. FastPassCorp AS's Operating Income for the six months ended in Dec. 2025 was kr0.00 Mil. FastPassCorp AS's Interest Expense for the six months ended in Dec. 2025 was kr0.00 Mil. FastPassCorp AS has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. FastPassCorp AS has enough cash to cover all of its debt. Its financial situation is stable.

(1) 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.

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

OCSE:FASTPC' s Interest Coverage Range Over the Past 10 Years
Min: 0.19   Med: 8.09   Max: No Debt
Current: No Debt


OCSE:FASTPC's Interest Coverage is ranked better than
98.89% of 1707 companies
in the Software industry
Industry Median: 24.65 vs OCSE:FASTPC: No Debt

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


FastPassCorp AS  (OCSE:FASTPC) 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 .


FastPassCorp AS Interest Coverage Related Terms


FastPassCorp AS Interest Coverage Historical Data

* Premium members only.

The historical data trend for FastPassCorp AS'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.

FastPassCorp AS Interest Coverage Chart

FastPassCorp AS 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 0.00 0.00 0.00 0.00 0.00

FastPassCorp AS 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 N/A No Debt N/A No Debt No Debt

OCSE:FASTPC vs CRM, SHOP, UBER: Interest Coverage Comparison

For the Software - Application subindustry, FastPassCorp AS'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.


FastPassCorp AS Interest Coverage vs Software Industry

For the Software industry and Technology sector, FastPassCorp AS's Interest Coverage distribution charts can be found below:

* The bar in red indicates where FastPassCorp AS's Interest Coverage falls into.


OCSE:FASTPC
31GF Score
FastPassCorp AS OCSE:FASTPC
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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FastPassCorp AS 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.

FastPassCorp AS'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, FastPassCorp AS's Interest Expense was kr-1.55 Mil. Its Operating Income was kr-0.14 Mil. And its Long-Term Debt & Capital Lease Obligation was kr0.00 Mil.

FastPassCorp AS did not have earnings to cover the interest expense.

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

Here, for the six months ended in Dec. 2025, FastPassCorp AS's Interest Expense was kr0.00 Mil. Its Operating Income was kr0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was kr0.00 Mil.

FastPassCorp AS had no debt (1).

* 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 No Debt <sup>(1)</sup> mean?
FastPassCorp AS (OCSE:FASTPC) has a Interest Coverage of No Debt (1) as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on FastPassCorp AS and its competitors. This is 88% below median its historical median of 8.09. Over the past decade, FastPassCorp AS's Interest Coverage has ranged from 0.19 to 10,000.00. According to the industry distribution chart, FastPassCorp AS ranks #19 out of 1707 companies in the Software industry, placing it in the top 1.1%.
Is FastPassCorp AS's Interest Coverage too high?
FastPassCorp AS's current Interest Coverage of No Debt (1) is 88% below median its 10-year median of 8.09. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 10,000.00. Based on the distribution chart, FastPassCorp AS ranks #19 out of 1707 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, FastPassCorp AS has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does FastPassCorp AS's Interest Coverage compare to CRM and SHOP?
According to the Software industry distribution chart, FastPassCorp AS ranks #19 out of 1707 companies for Interest Coverage. This places FastPassCorp AS in the top 1% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 24.65. Historically, FastPassCorp AS's own Interest Coverage has ranged from 0.19 to 10,000.00 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 Software company?
The median Interest Coverage among Software companies is 24.65, based on 1,707 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 FastPassCorp AS and its competitors. For the Software industry, the median Interest Coverage is 24.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FastPassCorp AS's current Interest Coverage is No Debt (1), which is 88% below median its own 10-year median of 8.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FastPassCorp AS stock overvalued right now?
FastPassCorp AS (OCSE:FASTPC) has a current Interest Coverage of No Debt (1). The current Interest Coverage is No Debt (1), which is 88% below median its 10-year median of 8.09. FastPassCorp AS's overall GF Score™ is 31/100 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 FastPassCorp AS (OCSE:FASTPC), the current Interest Coverage is No Debt (1) 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.

FastPassCorp AS Business Description

Address Frederiksborggade 15, 3, Copenhagen, DNK, 1360
FastPassCorp AS is a cybersecurity software company specializing in Workforce Identity Verification (IDV) and secure identity-related automation for large and complex organizations. The Company develops and delivers enterprise-grade SaaS and on-premise solutions that protect organizations against identity based cyber threats while simultaneously improving operational efficiency across IT and security functions. Its products include FastPass Suit, FastPass IVM, FastPass SSPR, FastPass sync, FastPass cloud.
31GF 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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