GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Public Property Invest ASA (OSL:PUBLI) » Definitions » Interest Coverage

Public Property Invest ASA (OSL:PUBLI) Interest Coverage : 1.94 (As of Mar. 2025)


View and export this data going back to 2024. Start your Free Trial

What is Public Property Invest ASA Interest Coverage?

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. Public Property Invest ASA's Operating Income for the three months ended in Mar. 2025 was kr169.0 Mil. Public Property Invest ASA's Interest Expense for the three months ended in Mar. 2025 was kr-87.0 Mil. Public Property Invest ASA's interest coverage for the quarter that ended in Mar. 2025 was 1.94. The higher the ratio, the stronger the company's financial strength is.

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

OSL:PUBLI' s Interest Coverage Range Over the Past 10 Years
Min: 1.08   Med: 1.58   Max: No Debt
Current: 1.52


OSL:PUBLI's Interest Coverage is ranked worse than
77.08% of 1313 companies
in the Real Estate industry
Industry Median: 3.97 vs OSL:PUBLI: 1.52

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


Public Property Invest ASA Interest Coverage Historical Data

The historical data trend for Public Property Invest 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.

* Premium members only.

Public Property Invest ASA Interest Coverage Chart

Public Property Invest ASA Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
No Debt 1.08 1.79 1.58 1.39

Public Property Invest ASA Quarterly Data
Dec20 Dec21 Jun22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.46 1.46 1.78 1.10 1.94

Competitive Comparison of Public Property Invest ASA's Interest Coverage

For the Real Estate Services subindustry, Public Property Invest 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.


Public Property Invest ASA's Interest Coverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Public Property Invest ASA's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Public Property Invest ASA's Interest Coverage falls into.


;
;

Public Property Invest 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.

Public Property Invest ASA's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Public Property Invest ASA's Interest Expense was kr-383.0 Mil. Its Operating Income was kr532.0 Mil. And its Long-Term Debt & Capital Lease Obligation was kr5,787.0 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*532/-383
=1.39

Public Property Invest ASA's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Public Property Invest ASA's Interest Expense was kr-87.0 Mil. Its Operating Income was kr169.0 Mil. And its Long-Term Debt & Capital Lease Obligation was kr5,745.0 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*169/-87
=1.94

* 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.


Public Property Invest ASA  (OSL:PUBLI) 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 .


Public Property Invest ASA Interest Coverage Related Terms

Thank you for viewing the detailed overview of Public Property Invest ASA's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Public Property Invest ASA Business Description

Traded in Other Exchanges
Address
Haakon VIIs gate 5, 9th floor, Oslo, NOR, 0161
Public Property Invest ASA is a real estate company that acquires and manages properties in Norway through its subsidiaries. Its portfolio mainly consists of community service properties with public-sector tenants, centrally located in Norwegian cities. The company has one main operational unit. Its property portfolio is divided into six geographical regions: East, Inland, North, West, South, and Central.

Public Property Invest ASA Headlines

No Headlines