Solstad Maritime ASA (OSL:SOMA) Interest Coverage: 2.97 (As of Dec. 2025) — 83% Above Median


OSL:SOMA Solstad Maritime ASA OSL:SOMA
14 GF Score
Price kr25.70
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What is Solstad Maritime ASA Interest Coverage?

Solstad Maritime ASA OSL:SOMA +0.39% 14 Interest Coverage is 2.97 as of Dec. 2025, which is 83% above its 10-year median of 1.62. GuruFocus rates OSL:SOMA with a GF Score™ of 14/100. The stock has 3 warning signs investors should review. Among 839 Transportation companies, Solstad Maritime ASA ranks worse than 68.89% 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. Solstad Maritime ASA's Operating Income for the six months ended in Dec. 2025 was kr926 Mil. Solstad Maritime ASA's Interest Expense for the six months ended in Dec. 2025 was kr-312 Mil. Solstad Maritime ASA's interest coverage for the quarter that ended in Dec. 2025 was 2.97. The higher the ratio, the stronger the company's financial strength is.

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

OSL:SOMA' s Interest Coverage Range Over the Past 10 Years
Min: 0.4   Med: 1.62   Max: 2.96
Current: 2.96


OSL:SOMA's Interest Coverage is ranked worse than
68.89% of 839 companies
in the Transportation industry
Industry Median: 5.76 vs OSL:SOMA: 2.96

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


Solstad Maritime ASA  (OSL:SOMA) 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 .


Solstad Maritime ASA Interest Coverage Related Terms


Solstad Maritime ASA Interest Coverage Historical Data

* Premium members only.

The historical data trend for Solstad Maritime 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.

Solstad Maritime ASA Interest Coverage Chart

Solstad Maritime ASA Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial 0.00 0.40 1.06 2.18 2.96

Solstad Maritime ASA Semi-Annual Data
Dec20 Dec21 Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
Interest Coverage Get a 7-Day Free Trial N/A 1.64 2.80 2.96 2.97

Solstad Maritime ASA Interest Coverage Competitor Comparison

For the Marine Shipping subindustry, Solstad Maritime 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.


Solstad Maritime ASA Interest Coverage vs Transportation Industry

For the Transportation industry and Industrials sector, Solstad Maritime ASA's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Solstad Maritime ASA's Interest Coverage falls into.


OSL:SOMA
14GF Score
Solstad Maritime ASA OSL:SOMA
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Solstad Maritime 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.

Solstad Maritime 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, Solstad Maritime ASA's Interest Expense was kr-681 Mil. Its Operating Income was kr2,019 Mil. And its Long-Term Debt & Capital Lease Obligation was kr5,145 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*2018.54/-681.053
=2.96

Solstad Maritime ASA's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the six months ended in Dec. 2025, Solstad Maritime ASA's Interest Expense was kr-312 Mil. Its Operating Income was kr926 Mil. And its Long-Term Debt & Capital Lease Obligation was kr5,145 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*925.974/-311.848
=2.97

* 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 2.97 mean?
Solstad Maritime ASA (OSL:SOMA) has a Interest Coverage of 2.97 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Solstad Maritime ASA and its competitors. This is 83% above median its historical median of 1.62. Over the past decade, Solstad Maritime ASA's Interest Coverage has ranged from 0.40 to 2.96. According to the industry distribution chart, Solstad Maritime ASA ranks #578 out of 839 companies in the Transportation industry, placing it in the top 68.9%.
Is Solstad Maritime ASA's Interest Coverage too high?
Solstad Maritime ASA's current Interest Coverage of 2.97 is 83% above median its 10-year median of 1.62. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 2.96. The Transportation industry median Interest Coverage is 5.76. Solstad Maritime ASA's value of 2.97 is 48.4% below this industry median. Based on the distribution chart, Solstad Maritime ASA ranks #578 out of 839 companies in the Transportation industry, which is below the industry midpoint. Overall, Solstad Maritime ASA has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Solstad Maritime ASA's Interest Coverage compare to competitors?
According to the Transportation industry distribution chart, Solstad Maritime ASA ranks #578 out of 839 companies for Interest Coverage. This places Solstad Maritime ASA in the lower half of its industry. The industry median Interest Coverage is 5.76. Solstad Maritime ASA's value of 2.97 is 48.4% below this benchmark. Historically, Solstad Maritime ASA's own Interest Coverage has ranged from 0.40 to 2.96 over the past decade. While the company's 10-year median is 1.62 vs. the industry median of 5.76, Solstad Maritime 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 a Transportation company?
The median Interest Coverage among Transportation companies is 5.76, based on 839 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. Solstad Maritime ASA's current Interest Coverage of 2.97 is 48.4% 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 Solstad Maritime ASA and its competitors. For the Transportation industry, the median Interest Coverage is 5.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solstad Maritime ASA's current Interest Coverage is 2.97, which is 83% above median its own 10-year median of 1.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solstad Maritime ASA stock overvalued right now?
Solstad Maritime ASA (OSL:SOMA) has a current Interest Coverage of 2.97. The current Interest Coverage is 2.97, which is 83% above median its 10-year median of 1.62 and 48.4% below the Transportation industry median of 5.76. Solstad Maritime ASA's overall GF Score™ is 14/100 with 3 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 Solstad Maritime ASA (OSL:SOMA), the current Interest Coverage is 2.97 as of Dec. 2025. 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.

Solstad Maritime ASA Business Description

Other Exchanges SOMAo:UKO6O:Germany
Address Nesavegen 39, Skudeneshavn, NOR, 4280
Solstad Maritime ASA operates offshore service and construction vessels, offering ships, additional services (ROVs, etc.), and maritime personnel across all geographical regions. Its operating business segments include AHTS, CSV, Services, and Others. The AHTS segment includes anchor handling tug supply vessels; the CSV segment represents operations of construction vessels performing subsea construction contracts; and the Services segment includes additional services provided across vessel spreads, i.e., ROVs, tooling, project personnel, and engineering support. All of the company's income is classified as Oil and Gas, which generates the majority of revenue, or Renewable. Geographically, it generates maximum revenue from the North Sea region.
14GF Score

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

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