Ocean Sun AS (OSL:OSUN) Interest Coverage: 0 (At Loss) (As of Mar. 2026)


OSL:OSUN Ocean Sun AS OSL:OSUN
62 GF Score
Price kr0.52
GF Value kr1.22
Valuation Possible Value Trap
! 5 Warning Signs
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What is Ocean Sun AS Interest Coverage?

Ocean Sun AS OSL:OSUN 62 Interest Coverage is 0 (At Loss) as of Mar. 2026. GuruFocus rates OSL:OSUN with a GF Score™ of 62/100 and a GF Value™ of kr1.22 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 320 Utilities - Independent Power Producers companies, Ocean Sun AS ranks worse than 312499.69% 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. Ocean Sun AS's Operating Income for the three months ended in Mar. 2026 was kr-6.51 Mil. Ocean Sun AS's Interest Expense for the three months ended in Mar. 2026 was kr-0.02 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

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


OSL:OSUN's Interest Coverage is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 2.95
* 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.


Ocean Sun AS  (OSL:OSUN) 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 .


Ocean Sun AS Interest Coverage Related Terms


Ocean Sun AS Interest Coverage Historical Data

* Premium members only.

The historical data trend for Ocean Sun 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.

Ocean Sun AS Interest Coverage Chart

Ocean Sun AS Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

Ocean Sun AS 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 No Debt No Debt No Debt 0.00 0.00

Ocean Sun AS Interest Coverage Competitor Comparison

For the Utilities - Renewable subindustry, Ocean Sun 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.


Ocean Sun AS Interest Coverage vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Ocean Sun AS's Interest Coverage distribution charts can be found below:

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


OSL:OSUN
62GF Score
Ocean Sun AS OSL:OSUN
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ocean Sun 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.

Ocean Sun 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, Ocean Sun AS's Interest Expense was kr-0.00 Mil. Its Operating Income was kr-21.20 Mil. And its Long-Term Debt & Capital Lease Obligation was kr0.00 Mil.

Ocean Sun AS did not have earnings to cover the interest expense.

Ocean Sun AS's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Ocean Sun AS's Interest Expense was kr-0.02 Mil. Its Operating Income was kr-6.51 Mil. And its Long-Term Debt & Capital Lease Obligation was kr0.00 Mil.

Ocean Sun AS did not have earnings to cover the interest expense.

* 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 0 (At Loss) mean?
Ocean Sun AS (OSL:OSUN) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Ocean Sun AS and its competitors. According to the industry distribution chart, Ocean Sun AS ranks #999999 out of 320 companies in the Utilities - Independent Power Producers industry.
Is Ocean Sun AS's Interest Coverage too high?
Ocean Sun AS's current Interest Coverage is 0 (At Loss). Based on the distribution chart, Ocean Sun AS ranks #999999 out of 320 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Ocean Sun AS has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ocean Sun AS's Interest Coverage compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Ocean Sun AS ranks #999999 out of 320 companies for Interest Coverage. This places Ocean Sun AS in the lower half of its industry. The industry median Interest Coverage is 2.95. 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 - Independent Power Producers company?
The median Interest Coverage among Utilities - Independent Power Producers companies is 2.95, based on 320 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 Ocean Sun AS and its competitors. For the Utilities - Independent Power Producers industry, the median Interest Coverage is 2.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ocean Sun AS's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ocean Sun AS stock overvalued right now?
Based on GuruFocus' analysis, Ocean Sun AS (OSL:OSUN) is currently considered Possible Value Trap. The stock's GF Value™ is kr1.22, compared to a current price of kr0.52 — trading 57.4% below its estimated fair value. The current Interest Coverage is 0 (At Loss). Ocean Sun AS's overall GF Score™ is 62/100 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 Ocean Sun AS (OSL:OSUN), the current Interest Coverage is 0 (At Loss) 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 Ocean Sun AS (OSL:OSUN) Overvalued in 2026?

Based on GuruFocus' analysis, Ocean Sun AS stock appears to be undervalued. The current stock price of kr0.52 is trading 57.4% below its estimated GF Value™ of kr1.22. GuruFocus considers Ocean Sun AS to be Possible Value Trap.

Key valuation signals for OSL:OSUN:

  • Interest Coverage: 0 (At Loss)
  • GF Value™: kr1.22 vs. price of kr0.52 (57.4% below fair value)
  • GF Score™: 62/100 with 5 warning signs

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


Ocean Sun AS Business Description

Other Exchanges OW7:Germany
Address Vollsveien 4, Lysaker, NOR, 1366
Ocean Sun AS manufactures and distributes floating solar power production systems. The company operates as a technology provider, offering license agreements to developers and independent power producers across the world. Its Ocean Sun systems (OS-75 and OS-50) consist of one or multiple floaters anchored side-by-side to build larger power plants. The company's technology is used in various floating solar power production projects, including Alida, Siera Brava, Haiyang (offshore), and Soneva Secret, among others. Geographically, it generates maximum revenue from Europe and Middle East, followed by North East Asia (including China), South East Asia, and the Americas.
62GF Score

Get the complete analysis for OSL:OSUN

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

kr0.52
Price
kr1.22
GF Value