Lauritz com Group AS (OSTO:LAUR) Interest Coverage: 0 (At Loss) (As of Mar. 2023)

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OSTO:LAUR Lauritz com Group AS OSTO:LAUR
4 GF Score
Price kr0.24
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What is Lauritz com Group AS Interest Coverage?

Lauritz com Group AS OSTO:LAUR 4 Interest Coverage is 0 (At Loss) as of Mar. 2023. GuruFocus rates OSTO:LAUR with a GF Score™ of 4/100.

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. Lauritz com Group AS's Operating Income for the three months ended in Mar. 2023 was kr-3.1 Mil. Lauritz com Group AS's Interest Expense for the three months ended in Mar. 2023 was kr-2.0 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 Lauritz com Group AS's Interest Coverage or its related term are showing as below:


OSTO:LAUR's Interest Coverage is not ranked *
in the Retail - Cyclical industry.
Industry Median: 7.45
* Ranked among companies with meaningful Interest Coverage only.

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


Lauritz com Group AS  (OSTO:LAUR) 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 .


Lauritz com Group AS Interest Coverage Related Terms


Lauritz com Group AS Interest Coverage Historical Data

* Premium members only.

The historical data trend for Lauritz com Group AS'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.

Lauritz com Group AS Interest Coverage Chart

Lauritz com Group AS Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.20

Lauritz com Group AS Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 0.00 1.03 0.00 19.87 0.00

OSTO:LAUR vs ORLY, AZO, TSCO: Interest Coverage Comparison

For the Specialty Retail subindustry, Lauritz com Group AS'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.


Lauritz com Group AS Interest Coverage vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Lauritz com Group AS's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Lauritz com Group AS's Interest Coverage falls into.


OSTO:LAUR
4GF Score
Lauritz com Group AS OSTO:LAUR
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Lauritz com Group AS 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.

Lauritz com Group AS's Interest Coverage for the fiscal year that ended in Dec. 2022 is calculated as

Here, for the fiscal year that ended in Dec. 2022, Lauritz com Group AS's Interest Expense was kr-6.9 Mil. Its Operating Income was kr1.4 Mil. And its Long-Term Debt & Capital Lease Obligation was kr145.4 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2022 )/Interest Expense (A: Dec. 2022 )
=-1*1.371/-6.898
=0.20

Lauritz com Group AS's Interest Coverage for the quarter that ended in Mar. 2023 is calculated as

Here, for the three months ended in Mar. 2023, Lauritz com Group AS's Interest Expense was kr-2.0 Mil. Its Operating Income was kr-3.1 Mil. And its Long-Term Debt & Capital Lease Obligation was kr157.1 Mil.

Lauritz com Group AS 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0 (At Loss) mean?
Lauritz com Group AS (OSTO:LAUR) has a Interest Coverage of 0 (At Loss) as of Mar. 2023. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Lauritz com Group AS and its competitors.
Is Lauritz com Group AS's Interest Coverage too high?
Lauritz com Group AS's current Interest Coverage is 0 (At Loss). Overall, Lauritz com Group AS has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Lauritz com Group AS's Interest Coverage compare to ORLY and AZO?
Lauritz com Group AS's Interest Coverage of 0 (At Loss) can be compared against companies in the Retail - Cyclical industry. The industry median Interest Coverage is 7.45. 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 Retail - Cyclical company?
The median Interest Coverage among Retail - Cyclical companies is 7.45, based on 834 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 Lauritz com Group AS and its competitors. For the Retail - Cyclical industry, the median Interest Coverage is 7.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lauritz com Group AS'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 Lauritz com Group AS stock overvalued right now?
Lauritz com Group AS (OSTO:LAUR) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). Lauritz com Group AS's overall GF Score™ is 4/100. 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 Lauritz com Group AS (OSTO:LAUR), the current Interest Coverage is 0 (At Loss) as of Mar. 2023. 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.

Lauritz com Group AS Business Description

Address Dynamovej 11C, Soborg, DNK, 2860
Lauritz com Group AS provides online auctions service. It offers traditional auctions of art, design, antiques & home luxury online. The company operates through its own auction houses and auction houses operated by partners under partnership agreements. The products auctioned by the company include carpets, rugs, textiles, clothing, shoes, accessories, electronics, furniture, sports and leisure, home and garden, paintings, etc.
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Get the complete analysis for OSTO:LAUR

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

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