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Eltel AB (OSTO:ELTEL) Interest Coverage : 0 (At Loss) (As of Mar. 2025)


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What is Eltel AB 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. Eltel AB's Operating Income for the three months ended in Mar. 2025 was kr-1 Mil. Eltel AB's Interest Expense for the three months ended in Mar. 2025 was kr-27 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 Eltel AB's Interest Coverage or its related term are showing as below:

OSTO:ELTEL' s Interest Coverage Range Over the Past 10 Years
Min: 0.28   Med: 1.9   Max: 7.13
Current: 0.61


OSTO:ELTEL's Interest Coverage is ranked worse than
93.2% of 294 companies
in the Telecommunication Services industry
Industry Median: 4.755 vs OSTO:ELTEL: 0.61

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


Eltel AB Interest Coverage Historical Data

The historical data trend for Eltel AB'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.

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Eltel AB Interest Coverage Chart

Eltel AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.62 2.17 - - 0.28

Eltel AB Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.10 0.95 1.08 -

Competitive Comparison of Eltel AB's Interest Coverage

For the Telecom Services subindustry, Eltel AB'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.


Eltel AB's Interest Coverage Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Eltel AB's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Eltel AB's Interest Coverage falls into.


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Eltel AB 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.

Eltel AB'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, Eltel AB's Interest Expense was kr-146 Mil. Its Operating Income was kr41 Mil. And its Long-Term Debt & Capital Lease Obligation was kr596 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*41.409/-146.083
=0.28

Eltel AB's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Eltel AB's Interest Expense was kr-27 Mil. Its Operating Income was kr-1 Mil. And its Long-Term Debt & Capital Lease Obligation was kr538 Mil.

Eltel AB 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.


Eltel AB  (OSTO:ELTEL) 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 .


Eltel AB Interest Coverage Related Terms

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


Eltel AB Business Description

Traded in Other Exchanges
Address
Adolfsbergsvagen 13, POB 126 23, Bromma, Stockholm, SWE, SE-112 92
Eltel AB is a Sweden-based company that provides technical services for infrastructure networks. The company operates in two key business areas; Communication, and Power. In the Communication business which derives key revenue, it establishes networks and supports digitalization by providing design, installation, upgrades and services to mobile and fixed communication networks. In the Power business, it enables the transmission of renewable energy and electrification by providing maintenance and upgrades to power distribution and transmission, smart grids, and turnkey solutions in e-mobility, solar photovoltaic, wind energy and battery energy storage systems. The company reports its operations in four country segments: Finland, Sweden, Norway, and Denmark.

Eltel AB Headlines

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