Sea1 Offshore (OSL:SEA1) Interest Coverage: 6.45 (As of Mar. 2026) — 594% Above Median


OSL:SEA1 Sea1 Offshore Inc OSL:SEA1
76 GF Score
Price kr24.45
GF Value kr28.86
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Sea1 Offshore Interest Coverage?

Sea1 Offshore OSL:SEA1 -1.81% 76 Interest Coverage is 6.45 as of Mar. 2026, which is 594% above its 10-year median of 0.93. GuruFocus rates OSL:SEA1 with a GF Score™ of 76/100 and a GF Value™ of kr28.86 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 731 Oil & Gas companies, Sea1 Offshore ranks worse than 57.32% 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. Sea1 Offshore's Operating Income for the three months ended in Mar. 2026 was kr236 Mil. Sea1 Offshore's Interest Expense for the three months ended in Mar. 2026 was kr-37 Mil. Sea1 Offshore's interest coverage for the quarter that ended in Mar. 2026 was 6.45. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Sea1 Offshore's Interest Coverage or its related term are showing as below:

OSL:SEA1' s Interest Coverage Range Over the Past 10 Years
Min: 0.08   Med: 0.93   Max: 4.28
Current: 4.28


OSL:SEA1's Interest Coverage is ranked worse than
57.32% of 731 companies
in the Oil & Gas industry
Industry Median: 5.89 vs OSL:SEA1: 4.28

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


Sea1 Offshore  (OSL:SEA1) 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 .


Sea1 Offshore Interest Coverage Related Terms


Sea1 Offshore Interest Coverage Historical Data

* Premium members only.

The historical data trend for Sea1 Offshore'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.

Sea1 Offshore Interest Coverage Chart

Sea1 Offshore 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 1.53 1.69 2.82 3.70 3.70

Sea1 Offshore 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 3.36 3.82 3.66 4.09 6.45

OSL:SEA1 vs SLB, BKR, HAL: Interest Coverage Comparison

For the Oil & Gas Equipment & Services subindustry, Sea1 Offshore'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.


Sea1 Offshore Interest Coverage vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Sea1 Offshore's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Sea1 Offshore's Interest Coverage falls into.


OSL:SEA1
76GF Score
Sea1 Offshore Inc OSL:SEA1
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sea1 Offshore 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.

Sea1 Offshore'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, Sea1 Offshore's Interest Expense was kr-268 Mil. Its Operating Income was kr993 Mil. And its Long-Term Debt & Capital Lease Obligation was kr2,402 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*992.851/-268.065
=3.70

Sea1 Offshore's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Sea1 Offshore's Interest Expense was kr-37 Mil. Its Operating Income was kr236 Mil. And its Long-Term Debt & Capital Lease Obligation was kr2,211 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*235.506/-36.538
=6.45

* 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 6.45 mean?
Sea1 Offshore (OSL:SEA1) has a Interest Coverage of 6.45 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Sea1 Offshore and its competitors. This is 594% above median its historical median of 0.93. Over the past decade, Sea1 Offshore's Interest Coverage has ranged from 0.08 to 4.28. According to the industry distribution chart, Sea1 Offshore ranks #419 out of 731 companies in the Oil & Gas industry, placing it in the top 57.3%.
Is Sea1 Offshore's Interest Coverage too high?
Sea1 Offshore's current Interest Coverage of 6.45 is 594% above median its 10-year median of 0.93. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 4.28. The Oil & Gas industry median Interest Coverage is 5.89. Sea1 Offshore's value of 6.45 is 9.5% above this industry median. Based on the distribution chart, Sea1 Offshore ranks #419 out of 731 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Sea1 Offshore has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sea1 Offshore's Interest Coverage compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Sea1 Offshore ranks #419 out of 731 companies for Interest Coverage. This places Sea1 Offshore in the lower half of its industry. The industry median Interest Coverage is 5.89. Sea1 Offshore's value of 6.45 is 9.5% above this benchmark. Historically, Sea1 Offshore's own Interest Coverage has ranged from 0.08 to 4.28 over the past decade. While the company's 10-year median is 0.93 vs. the industry median of 5.89, Sea1 Offshore has consistently been above 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 Oil & Gas company?
The median Interest Coverage among Oil & Gas companies is 5.89, based on 731 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. Sea1 Offshore's current Interest Coverage of 6.45 is 9.5% above 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 Sea1 Offshore and its competitors. For the Oil & Gas industry, the median Interest Coverage is 5.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sea1 Offshore's current Interest Coverage is 6.45, which is 594% above median its own 10-year median of 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sea1 Offshore stock overvalued right now?
Based on GuruFocus' analysis, Sea1 Offshore (OSL:SEA1) is currently considered Modestly Undervalued. The stock's GF Value™ is kr28.86, compared to a current price of kr24.45 — trading 15.3% below its estimated fair value. The current Interest Coverage is 6.45, which is 594% above median its 10-year median of 0.93 and 9.5% above the Oil & Gas industry median of 5.89. Sea1 Offshore's overall GF Score™ is 76/100 with 4 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 Sea1 Offshore (OSL:SEA1), the current Interest Coverage is 6.45 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 Sea1 Offshore (OSL:SEA1) Overvalued in 2026?

Based on GuruFocus' analysis, Sea1 Offshore stock appears to be undervalued. The current stock price of kr24.45 is trading 15.3% below its estimated GF Value™ of kr28.86. GuruFocus considers Sea1 Offshore to be Modestly Undervalued.

Key valuation signals for OSL:SEA1:

  • Interest Coverage: 6.45 (594% above median its 10-year median of 0.93)
  • GF Value™: kr28.86 vs. price of kr24.45 (15.3% below fair value)
  • GF Score™: 76/100 with 4 warning signs
  • Industry Position: 9.5% above the Oil & Gas median (#419 of 731)

No single metric tells the full story. See the OSL:SEA1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sea1 Offshore Business Description

Industry EnergyOil & Gas
Other Exchanges SIOFFO:SwedenS5H0:Germany
Address Kjoita 18, Kristiansand, NOR, 4630
Sea1 Offshore Inc is a vessel provider to the offshore oil and gas and renewable industry. It provides a wide range of services with its vessels, equipment and an experienced crew. The fleet consists of various vessels and includes platform supply vessels, anchor handling tug and supply as well as offshore subsea construction and well intervention vessels. The reportable segments are Subsea Vessels, Anchor-Handling Tug Supply (AHTS) Vessels, Platform Supply Vessels (PSVs), Fast Crew & Oil Spill Recovery Vessels, and Other. The company generates the majority of its revenue from the Subsea Vessels segment.
76GF Score

Get the complete analysis for OSL:SEA1

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

kr24.45
Price
kr28.86
GF Value