Elmera Group ASA (OSL:ELMRA) Interest Coverage: 2.75 (As of Mar. 2026) — 91% Below Median


OSL:ELMRA Elmera Group ASA OSL:ELMRA
74 GF Score
Price kr45.95
GF Value kr34.71
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Elmera Group ASA Interest Coverage?

Elmera Group ASA OSL:ELMRA -0.11% 74 Interest Coverage is 2.75 as of Mar. 2026, which is 91% below its 10-year median of 29.86. GuruFocus rates OSL:ELMRA with a GF Score™ of 74/100 and a GF Value™ of kr34.71 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 447 Utilities - Regulated companies, Elmera Group ASA ranks worse than 73.83% 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. Elmera Group ASA's Operating Income for the three months ended in Mar. 2026 was kr188 Mil. Elmera Group ASA's Interest Expense for the three months ended in Mar. 2026 was kr-68 Mil. Elmera Group ASA's interest coverage for the quarter that ended in Mar. 2026 was 2.75. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Elmera Group ASA's Interest Coverage or its related term are showing as below:

OSL:ELMRA' s Interest Coverage Range Over the Past 10 Years
Min: 2.16   Med: 29.86   Max: 1798.5
Current: 2.28


OSL:ELMRA's Interest Coverage is ranked worse than
73.83% of 447 companies
in the Utilities - Regulated industry
Industry Median: 3.78 vs OSL:ELMRA: 2.28

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


Elmera Group ASA  (OSL:ELMRA) 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 .


Elmera Group ASA Interest Coverage Related Terms


Elmera Group ASA Interest Coverage Historical Data

* Premium members only.

The historical data trend for Elmera Group ASA'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.

Elmera Group ASA Interest Coverage Chart

Elmera Group ASA 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 5.76 2.19 2.51 2.92 2.16

Elmera Group ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.39 1.86 1.33 2.58 2.75

OSL:ELMRA vs NEE, SO, DUK: Interest Coverage Comparison

For the Utilities - Regulated Electric subindustry, Elmera Group ASA'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.


Elmera Group ASA Interest Coverage vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Elmera Group ASA's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Elmera Group ASA's Interest Coverage falls into.


OSL:ELMRA
74GF Score
Elmera Group ASA OSL:ELMRA
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Elmera Group ASA 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.

Elmera Group ASA'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, Elmera Group ASA's Interest Expense was kr-178 Mil. Its Operating Income was kr384 Mil. And its Long-Term Debt & Capital Lease Obligation was kr715 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*383.586/-177.724
=2.16

Elmera Group ASA's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Elmera Group ASA's Interest Expense was kr-68 Mil. Its Operating Income was kr188 Mil. And its Long-Term Debt & Capital Lease Obligation was kr929 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*187.648/-68.209
=2.75

* 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 2.75 mean?
Elmera Group ASA (OSL:ELMRA) has a Interest Coverage of 2.75 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Elmera Group ASA and its competitors. This is 91% below median its historical median of 29.86. Over the past decade, Elmera Group ASA's Interest Coverage has ranged from 2.16 to 1,798.50. According to the industry distribution chart, Elmera Group ASA ranks #330 out of 447 companies in the Utilities - Regulated industry, placing it in the top 73.8%.
Is Elmera Group ASA's Interest Coverage too high?
Elmera Group ASA's current Interest Coverage of 2.75 is 91% below median its 10-year median of 29.86. Over the past 10 years, this metric has ranged from a low of 2.16 to a high of 1,798.50. The Utilities - Regulated industry median Interest Coverage is 3.78. Elmera Group ASA's value of 2.75 is 27.2% below this industry median. Based on the distribution chart, Elmera Group ASA ranks #330 out of 447 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Elmera Group ASA has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Elmera Group ASA's Interest Coverage compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Elmera Group ASA ranks #330 out of 447 companies for Interest Coverage. This places Elmera Group ASA in the lower half of its industry. The industry median Interest Coverage is 3.78. Elmera Group ASA's value of 2.75 is 27.2% below this benchmark. Historically, Elmera Group ASA's own Interest Coverage has ranged from 2.16 to 1,798.50 over the past decade. While the company's 10-year median is 29.86 vs. the industry median of 3.78, Elmera Group ASA 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 Utilities - Regulated company?
The median Interest Coverage among Utilities - Regulated companies is 3.78, based on 447 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. Elmera Group ASA's current Interest Coverage of 2.75 is 27.2% 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 Elmera Group ASA and its competitors. For the Utilities - Regulated industry, the median Interest Coverage is 3.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elmera Group ASA's current Interest Coverage is 2.75, which is 91% below median its own 10-year median of 29.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elmera Group ASA stock overvalued right now?
Based on GuruFocus' analysis, Elmera Group ASA (OSL:ELMRA) is currently considered Significantly Overvalued. The stock's GF Value™ is kr34.71, compared to a current price of kr45.95 — trading 32.4% above its estimated fair value. The current Interest Coverage is 2.75, which is 91% below median its 10-year median of 29.86 and 27.2% below the Utilities - Regulated industry median of 3.78. Elmera Group ASA's overall GF Score™ is 74/100 with 10 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 Elmera Group ASA (OSL:ELMRA), the current Interest Coverage is 2.75 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 Elmera Group ASA (OSL:ELMRA) Overvalued in 2026?

Based on GuruFocus' analysis, Elmera Group ASA stock appears to be overvalued. The current stock price of kr45.95 is trading 32.4% above its estimated GF Value™ of kr34.71. GuruFocus considers Elmera Group ASA to be Significantly Overvalued.

Key valuation signals for OSL:ELMRA:

  • Interest Coverage: 2.75 (91% below median its 10-year median of 29.86)
  • GF Value™: kr34.71 vs. price of kr45.95 (32.4% above fair value)
  • GF Score™: 74/100 with 10 warning signs
  • Industry Position: 27.2% below the Utilities - Regulated median (#330 of 447)

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


Elmera Group ASA Business Description

Other Exchanges FKRAFTo:Sweden1ZK:Germany
Address Folke Bernadottes Vei 38, Fyllingsdalen, Bergen, NOR, 5147
Elmera Group ASA is engaged in the sale of electrical power and related services. The company has three operating segments: Consumer, Business, and Nordic. The Consumer segment comprises the sale of electrical power and related services to private consumers in Norway. The Business segment includes the sale of electrical power and related services to business customers in Norway. The Nordic segment involves the sale of electrical power and related services to consumers in Finland and Sweden. It generates the majority of its revenue from the Consumer segment.
74GF Score

Get the complete analysis for OSL:ELMRA

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

kr45.95
Price
kr34.71
GF Value