OSAGY (OSRAM Licht AG) Interest Coverage: 10.38 (As of Dec. 2023)

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OSAGY OSRAM Licht AG OSAGY
22 GF Score
Price $48.00
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What is OSRAM Licht AG Interest Coverage?

OSRAM Licht AG OSAGY 22 Interest Coverage is 10.38 as of Dec. 2023. GuruFocus rates OSAGY with a GF Score™ of 22/100. Among 2,330 Industrial Products companies, OSRAM Licht AG ranks worse than 42918.41% 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. OSRAM Licht AG's Operating Income for the six months ended in Dec. 2023 was $1,393 Mil. OSRAM Licht AG's Interest Expense for the six months ended in Dec. 2023 was $-134 Mil. OSRAM Licht AG's interest coverage for the quarter that ended in Dec. 2023 was 10.38. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for OSRAM Licht AG's Interest Coverage or its related term are showing as below:


OSAGY's Interest Coverage is not ranked *
in the Industrial Products industry.
Industry Median: 14.62
* Ranked among companies with meaningful Interest Coverage only.

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


OSRAM Licht AG  (OTCPK:OSAGY) 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 .


OSRAM Licht AG Interest Coverage Related Terms


OSRAM Licht AG Interest Coverage Historical Data

* Premium members only.

The historical data trend for OSRAM Licht AG'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.

OSRAM Licht AG Interest Coverage Chart

OSRAM Licht AG Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.50 0.00 0.00 0.13 0.00

OSRAM Licht AG Semi-Annual Data
Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Jun22 Dec22 Jun23 Dec23
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 3.10 2.27 0.00 0.00 10.38

OSAGY vs VRT, BE, HUBB: Interest Coverage Comparison

For the Electrical Equipment & Parts subindustry, OSRAM Licht AG'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.


OSRAM Licht AG Interest Coverage vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, OSRAM Licht AG's Interest Coverage distribution charts can be found below:

* The bar in red indicates where OSRAM Licht AG's Interest Coverage falls into.


OSAGY
22GF Score
OSRAM Licht AG OSAGY
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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OSRAM Licht AG 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.

OSRAM Licht AG's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, OSRAM Licht AG's Interest Expense was $-254 Mil. Its Operating Income was $-137 Mil. And its Long-Term Debt & Capital Lease Obligation was $2,929 Mil.

OSRAM Licht AG did not have earnings to cover the interest expense.

OSRAM Licht AG's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, OSRAM Licht AG's Interest Expense was $-134 Mil. Its Operating Income was $1,393 Mil. And its Long-Term Debt & Capital Lease Obligation was $2,929 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*1392.585/-134.133
=10.38

* 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 10.38 mean?
OSRAM Licht AG (OSAGY) has a Interest Coverage of 10.38 as of Dec. 2023. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on OSRAM Licht AG and its competitors. According to the industry distribution chart, OSRAM Licht AG ranks #999999 out of 2330 companies in the Industrial Products industry.
Is OSRAM Licht AG's Interest Coverage too high?
OSRAM Licht AG's current Interest Coverage is 10.38. The Industrial Products industry median Interest Coverage is 14.62. OSRAM Licht AG's value of 10.38 is 29% below this industry median. Based on the distribution chart, OSRAM Licht AG ranks #999999 out of 2330 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, OSRAM Licht AG has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does OSRAM Licht AG's Interest Coverage compare to VRT and BE?
According to the Industrial Products industry distribution chart, OSRAM Licht AG ranks #999999 out of 2330 companies for Interest Coverage. This places OSRAM Licht AG in the lower half of its industry. The industry median Interest Coverage is 14.62. OSRAM Licht AG's value of 10.38 is 29% below this benchmark. 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 Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.62, based on 2,330 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. OSRAM Licht AG's current Interest Coverage of 10.38 is 29% 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 OSRAM Licht AG and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OSRAM Licht AG's current Interest Coverage is 10.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OSRAM Licht AG stock overvalued right now?
OSRAM Licht AG (OSAGY) has a current Interest Coverage of 10.38. The current Interest Coverage is 10.38 and 29% below the Industrial Products industry median of 14.62. OSRAM Licht AG's overall GF Score™ is 22/100. 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 OSRAM Licht AG (OSAGY), the current Interest Coverage is 10.38 as of Dec. 2023. 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.

OSRAM Licht AG Business Description

Other Exchanges OSR:Germany
Address Tobelbader Strasse 30, Premstaetten, Graz, AUT, 8141
OSRAM Licht AG is a provider of lighting and sensor technology solutions. The company's products include LED's, Drivers, Lasers, Photodetectors, multi-chips, Sensor solutions, Interfaces, Full-service foundry, ASICs and customized solutions, Lamps, and Boards, kits & accessories. Its segments include Opto Semiconductors (OS), CMOS Sensors & ASICs (CSA), and the Lamps & Systems (L&S) segments. The Opto Semiconductors and CMOS Sensors & ASICs segments cover semiconductor-based products and solutions (including LEDs) for customers in the automotive, consumer, industrial, and medical technology end markets. The Lamps & Systems segment includes lamps and lighting systems; it focuses on the automotive and industrial end markets.
22GF Score

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