Litgrid AB (OVSE:LGD1L) Interest Coverage: 594.50 (As of Mar. 2026) — 1076% Above Median


OVSE:LGD1L Litgrid AB OVSE:LGD1L
28 GF Score
Price €1.02
GF Value €0.94
Valuation Fairly Valued
! 4 Warning Signs
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What is Litgrid AB Interest Coverage?

Litgrid AB OVSE:LGD1L +0.49% 28 Interest Coverage is 594.50 as of Mar. 2026, which is 1076% above its 10-year median of 50.54. GuruFocus rates OVSE:LGD1L with a GF Score™ of 28/100 and a GF Value™ of €0.94 (Fairly Valued). The stock has 4 warning signs investors should review. Among 447 Utilities - Regulated companies, Litgrid AB ranks better than 97.54% 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. Litgrid AB's Operating Income for the three months ended in Mar. 2026 was €41.6 Mil. Litgrid AB's Interest Expense for the three months ended in Mar. 2026 was €-0.1 Mil. Litgrid AB's interest coverage for the quarter that ended in Mar. 2026 was 594.50. The higher the ratio, the stronger the company's financial strength is.

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

OVSE:LGD1L' s Interest Coverage Range Over the Past 10 Years
Min: 1.17   Med: 50.54   Max: 559.51
Current: 559.51


OVSE:LGD1L's Interest Coverage is ranked better than
97.54% of 447 companies
in the Utilities - Regulated industry
Industry Median: 3.78 vs OVSE:LGD1L: 559.51

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


Litgrid AB  (OVSE:LGD1L) 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 .


Litgrid AB Interest Coverage Related Terms


Litgrid AB Interest Coverage Historical Data

* Premium members only.

The historical data trend for Litgrid 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.

Litgrid AB Interest Coverage Chart

Litgrid AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.63 0.00 131.08 90.47 69.69

Litgrid AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 N/A 387.89 775.39 594.50

OVSE:LGD1L vs NEE, SO, DUK: Interest Coverage Comparison

For the Utilities - Regulated Electric subindustry, Litgrid 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.


Litgrid AB Interest Coverage vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Litgrid AB's Interest Coverage distribution charts can be found below:

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


OVSE:LGD1L
28GF Score
Litgrid AB OVSE:LGD1L
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Litgrid 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.

Litgrid AB'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, Litgrid AB's Interest Expense was €-0.3 Mil. Its Operating Income was €23.8 Mil. And its Long-Term Debt & Capital Lease Obligation was €22.3 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*23.764/-0.341
=69.69

Litgrid AB's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Litgrid AB's Interest Expense was €-0.1 Mil. Its Operating Income was €41.6 Mil. And its Long-Term Debt & Capital Lease Obligation was €22.3 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*41.615/-0.07
=594.50

* 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 594.50 mean?
Litgrid AB (OVSE:LGD1L) has a Interest Coverage of 594.50 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Litgrid AB and its competitors. This is 1076% above median its historical median of 50.54. Over the past decade, Litgrid AB's Interest Coverage has ranged from 1.17 to 559.51. According to the industry distribution chart, Litgrid AB ranks #11 out of 447 companies in the Utilities - Regulated industry, placing it in the top 2.5%.
Is Litgrid AB's Interest Coverage too high?
Litgrid AB's current Interest Coverage of 594.50 is 1076% above median its 10-year median of 50.54. Over the past 10 years, this metric has ranged from a low of 1.17 to a high of 559.51. The Utilities - Regulated industry median Interest Coverage is 3.78. Litgrid AB's value of 594.50 is 15627.5% above this industry median. Based on the distribution chart, Litgrid AB ranks #11 out of 447 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Litgrid AB has a GF Score™ of 28/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Litgrid AB's Interest Coverage compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Litgrid AB ranks #11 out of 447 companies for Interest Coverage. This places Litgrid AB in the top 3% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 3.78. Litgrid AB's value of 594.50 is 15627.5% above this benchmark. Historically, Litgrid AB's own Interest Coverage has ranged from 1.17 to 559.51 over the past decade. While the company's 10-year median is 50.54 vs. the industry median of 3.78, Litgrid AB has consistently been above 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 an Utilities - Regulated company?
The median Interest Coverage among Utilities - Regulated companies is 3.78, based on 447 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. Litgrid AB's current Interest Coverage of 594.50 is 15627.5% above 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 Litgrid AB and its competitors. For the Utilities - Regulated industry, the median Interest Coverage is 3.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Litgrid AB's current Interest Coverage is 594.50, which is 1076% above median its own 10-year median of 50.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Litgrid AB stock overvalued right now?
Based on GuruFocus' analysis, Litgrid AB (OVSE:LGD1L) is currently considered Fairly Valued. The stock's GF Value™ is €0.94, compared to a current price of €1.02 — trading 8.5% above its estimated fair value. The current Interest Coverage is 594.50, which is 1076% above median its 10-year median of 50.54 and 15627.5% above the Utilities - Regulated industry median of 3.78. Litgrid AB's overall GF Score™ is 28/100 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 Litgrid AB (OVSE:LGD1L), the current Interest Coverage is 594.50 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 Litgrid AB (OVSE:LGD1L) Overvalued in 2026?

Based on GuruFocus' analysis, Litgrid AB stock appears to be overvalued. The current stock price of €1.02 is trading 8.5% above its estimated GF Value™ of €0.94. GuruFocus considers Litgrid AB to be Fairly Valued.

Key valuation signals for OVSE:LGD1L:

  • Interest Coverage: 594.50 (1076% above median its 10-year median of 50.54)
  • GF Value™: €0.94 vs. price of €1.02 (8.5% above fair value)
  • GF Score™: 28/100 with 4 warning signs
  • Industry Position: 15627.5% above the Utilities - Regulated median (#11 of 447)

No single metric tells the full story. See the OVSE:LGD1L stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Litgrid AB Business Description

Address Karlo Gustavo Emilio Manerheimo Street 8, Vilnius, LTU, 05131
Litgrid AB is engaged in the provision of electricity transmission and related services mainly in Lithuania. The services offered by the company include electricity transmission via high-voltage (110-400 kV) electrical installations; trading in imbalance and balancing energy to maintain the balance between production and consumption; system services; and data management. Its customers mainly include grid operators and producer and consumers connected to the transmission grid. Geographically, the company generates maximum revenue from its business in Lithuania, and the rest from Estonia, Sweden, Poland, Luxembourg, Latvia, Denmark, Norway, and other countries.
28GF Score

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

€1.02
Price
€0.94
GF Value