GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » John Mattson Fastighetsforetagen AB (OSTO:JOMA) » Definitions » Interest Coverage

John Mattson Fastighetsforetagen AB (OSTO:JOMA) Interest Coverage : 1.92 (As of Mar. 2025)


View and export this data going back to 2019. Start your Free Trial

What is John Mattson Fastighetsforetagen 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. John Mattson Fastighetsforetagen AB's Operating Income for the three months ended in Mar. 2025 was kr97.8 Mil. John Mattson Fastighetsforetagen AB's Interest Expense for the three months ended in Mar. 2025 was kr-51.0 Mil. John Mattson Fastighetsforetagen AB's interest coverage for the quarter that ended in Mar. 2025 was 1.92. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. John Mattson Fastighetsforetagen AB interest coverage is 1.9, which is low.

The historical rank and industry rank for John Mattson Fastighetsforetagen AB's Interest Coverage or its related term are showing as below:

OSTO:JOMA' s Interest Coverage Range Over the Past 10 Years
Min: 1.53   Med: 1.85   Max: 2.64
Current: 1.9


OSTO:JOMA's Interest Coverage is ranked worse than
70.66% of 1326 companies
in the Real Estate industry
Industry Median: 3.995 vs OSTO:JOMA: 1.90

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


John Mattson Fastighetsforetagen AB Interest Coverage Historical Data

The historical data trend for John Mattson Fastighetsforetagen 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.

* Premium members only.

John Mattson Fastighetsforetagen AB Interest Coverage Chart

John Mattson Fastighetsforetagen AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only 2.64 2.19 1.85 1.53 1.81

John Mattson Fastighetsforetagen 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 1.57 2.02 2.11 1.60 1.92

Competitive Comparison of John Mattson Fastighetsforetagen AB's Interest Coverage

For the Real Estate - Diversified subindustry, John Mattson Fastighetsforetagen 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.


John Mattson Fastighetsforetagen AB's Interest Coverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, John Mattson Fastighetsforetagen AB's Interest Coverage distribution charts can be found below:

* The bar in red indicates where John Mattson Fastighetsforetagen AB's Interest Coverage falls into.


;
;

John Mattson Fastighetsforetagen 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.

John Mattson Fastighetsforetagen 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, John Mattson Fastighetsforetagen AB's Interest Expense was kr-225.8 Mil. Its Operating Income was kr409.5 Mil. And its Long-Term Debt & Capital Lease Obligation was kr6,738.0 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*409.5/-225.8
=1.81

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

Here, for the three months ended in Mar. 2025, John Mattson Fastighetsforetagen AB's Interest Expense was kr-51.0 Mil. Its Operating Income was kr97.8 Mil. And its Long-Term Debt & Capital Lease Obligation was kr5,890.9 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*97.8/-51
=1.92

* 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.


John Mattson Fastighetsforetagen AB  (OSTO:JOMA) 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 .


John Mattson Fastighetsforetagen AB Interest Coverage Related Terms

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


John Mattson Fastighetsforetagen AB Business Description

Traded in Other Exchanges
N/A
Address
Larsbergsvagen 10, Box 10035, Lidingo, SWE, SE-181 10
John Mattson Fastighetsforetagen AB owns, manages and develops residential and commercial properties. Its property portfolio is concentrated to Lidingo and mainly consists of residential properties. The company's housing stock includes apartments in the suburbs of Larsberg, Baggeby, Kappala and Dalenum.

John Mattson Fastighetsforetagen AB Headlines

No Headlines