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. Candles Scandinavia B's
Operating Income
for the
three
months ended in Mar. 2026 was kr-10.7 Mil. Candles Scandinavia B's Interest Expense for the
three
months ended in Mar. 2026 was kr-5.0 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 Candles Scandinavia B's Interest Coverage or its related term are showing as below:
OSTO:CANDLE B's Interest Coverage is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 8.585 * Ranked among companies with meaningful Interest Coverage only.
Candles Scandinavia B (OSTO:CANDLE B) 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 .
Candles Scandinavia B Interest Coverage Related Terms
Candles Scandinavia B Interest Coverage Historical Data
* Premium members only.
The historical data trend for Candles Scandinavia B'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.
OSTO:CANDLE B vs PG, CL, KVUE: Interest Coverage Comparison
For the Household & Personal Products subindustry, Candles Scandinavia B'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.
Candles Scandinavia B Interest Coverage vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Candles Scandinavia B's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Candles Scandinavia B's Interest Coverage falls into.
Candles Scandinavia B 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:
Candles Scandinavia B 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.
What does a Interest Coverage of 0 (At Loss) mean?
Candles Scandinavia B (OSTO:CANDLE B) 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 Candles Scandinavia B and its competitors. According to the industry distribution chart, Candles Scandinavia B ranks #999999 out of 1506 companies in the Consumer Packaged Goods industry.
Is Candles Scandinavia B's Interest Coverage too high?
Candles Scandinavia B's current Interest Coverage is 0 (At Loss). Based on the distribution chart, Candles Scandinavia B ranks #999999 out of 1506 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Candles Scandinavia B has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Candles Scandinavia B's Interest Coverage compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Candles Scandinavia B ranks #999999 out of 1506 companies for Interest Coverage. This places Candles Scandinavia B in the lower half of its industry. The industry median Interest Coverage is 8.59. 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 Consumer Packaged Goods company?
The median Interest Coverage among Consumer Packaged Goods companies is 8.59, based on 1,506 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 Candles Scandinavia B and its competitors. For the Consumer Packaged Goods industry, the median Interest Coverage is 8.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Candles Scandinavia B'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 Candles Scandinavia B stock overvalued right now?
Based on GuruFocus' analysis, Candles Scandinavia B (OSTO:CANDLE B) is currently considered Fairly Valued. The stock's GF Value™ is kr34.68, compared to a current price of kr34.80 — trading 0.3% above its estimated fair value. The current Interest Coverage is 0 (At Loss). Candles Scandinavia B's overall GF Score™ is 64/100 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 Candles Scandinavia B (OSTO:CANDLE B), 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 Candles Scandinavia B (OSTO:CANDLE B) Overvalued in 2026?
Based on GuruFocus' analysis, Candles Scandinavia B stock appears to be overvalued.
The current stock price of kr34.80 is trading 0.3% above its estimated GF Value™ of kr34.68.
GuruFocus considers Candles Scandinavia B to be Fairly Valued.
Key valuation signals for OSTO:CANDLE B:
Interest Coverage: 0 (At Loss)
GF Value™: kr34.68 vs. price of kr34.80 (0.3% above fair value)
No single metric tells the full story. See the OSTO:CANDLE B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Candles Scandinavia B is a manufacturer of candles. The company produces scented candles with 100% plant-based, biodegradable candle wax. The firm primarily targets business chains and brands in fashion, beauty and home furnishings, to which it offers private label solutions. The company is primarily active in the Nordic region.
64GF Score
Get the complete analysis for OSTO:CANDLE B
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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