Pelagos Insurance CapitalPLGO +4.08%82 Interest Coverage is 8.01 as of Mar. 2026, which is 59% above its 10-year median of 5.04. GuruFocus rates PLGO with a GF Score™ of 82/100 and a GF Value™ of $21.01 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 351 Insurance companies, Pelagos Insurance Capital ranks worse than 64.67% 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
EBIT
by its Interest Expense. Pelagos Insurance Capital's
EBIT
for the
three
months ended in Mar. 2026 was $118 Mil. Pelagos Insurance Capital's Interest Expense for the
three
months ended in Mar. 2026 was $-15 Mil.
Pelagos Insurance Capital's interest coverage for the quarter that ended in Mar. 2026 was 8.01.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Pelagos Insurance Capital's Interest Coverage or its related term are showing as below:
PLGO'
s Interest Coverage Range Over the Past 10 Years
Min: 3.22 Med: 5.04 Max: 58.67
Current: 8.99
PLGO's Interest Coverage is ranked worse than 64.67% of 351
companies
in the Insurance industry
Industry Median: 16.23
vs PLGO: 8.99
Pelagos Insurance Capital (NYSE:PLGO) 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 .
Pelagos Insurance Capital Interest Coverage Related Terms
Pelagos Insurance Capital Interest Coverage Historical Data
* 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.
PLGO vs XZO, IGIC, SUND: Interest Coverage Comparison
For the Insurance - Diversified subindustry, Pelagos Insurance Capital'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.
Pelagos Insurance Capital Interest Coverage vs Insurance Industry
For the Insurance industry and Financial Services sector, Pelagos Insurance Capital's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Pelagos Insurance Capital's Interest Coverage falls into.
Pelagos Insurance Capital 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:
* 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.
Pelagos Insurance Capital (PLGO) has a Interest Coverage of 8.01 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Pelagos Insurance Capital and its competitors. This is 59% above median its historical median of 5.04. Over the past decade, Pelagos Insurance Capital's Interest Coverage has ranged from 3.22 to 58.67. According to the industry distribution chart, Pelagos Insurance Capital ranks #227 out of 351 companies in the Insurance industry, placing it in the top 64.7%.
Is Pelagos Insurance Capital's Interest Coverage too high?
Pelagos Insurance Capital's current Interest Coverage of 8.01 is 59% above median its 10-year median of 5.04. Over the past 10 years, this metric has ranged from a low of 3.22 to a high of 58.67. The Insurance industry median Interest Coverage is 16.23. Pelagos Insurance Capital's value of 8.01 is 50.6% below this industry median. Based on the distribution chart, Pelagos Insurance Capital ranks #227 out of 351 companies in the Insurance industry, which is below the industry midpoint. Overall, Pelagos Insurance Capital has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pelagos Insurance Capital's Interest Coverage compare to XZO and IGIC?
According to the Insurance industry distribution chart, Pelagos Insurance Capital ranks #227 out of 351 companies for Interest Coverage. This places Pelagos Insurance Capital in the lower half of its industry. The industry median Interest Coverage is 16.23. Pelagos Insurance Capital's value of 8.01 is 50.6% below this benchmark. Historically, Pelagos Insurance Capital's own Interest Coverage has ranged from 3.22 to 58.67 over the past decade. While the company's 10-year median is 5.04 vs. the industry median of 16.23, Pelagos Insurance Capital has consistently been below 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 Insurance company?
The median Interest Coverage among Insurance companies is 16.23, based on 351 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. Pelagos Insurance Capital's current Interest Coverage of 8.01 is 50.6% below 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 Pelagos Insurance Capital and its competitors. For the Insurance industry, the median Interest Coverage is 16.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pelagos Insurance Capital's current Interest Coverage is 8.01, which is 59% above median its own 10-year median of 5.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pelagos Insurance Capital stock overvalued right now?
Based on GuruFocus' analysis, Pelagos Insurance Capital (PLGO) is currently considered Modestly Overvalued. The stock's GF Value™ is $21.01, compared to a current price of $24.74 — trading 17.8% above its estimated fair value. The current Interest Coverage is 8.01, which is 59% above median its 10-year median of 5.04 and 50.6% below the Insurance industry median of 16.23. Pelagos Insurance Capital's overall GF Score™ is 82/100 with 5 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 Pelagos Insurance Capital (PLGO), the current Interest Coverage is 8.01 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 Pelagos Insurance Capital (PLGO) Overvalued in 2026?
Based on GuruFocus' analysis, Pelagos Insurance Capital stock appears to be overvalued.
The current stock price of $24.74 is trading 17.8% above its estimated GF Value™ of $21.01.
GuruFocus considers Pelagos Insurance Capital to be Modestly Overvalued.
Key valuation signals for PLGO:
Interest Coverage: 8.01 (59% above median its 10-year median of 5.04)
GF Value™: $21.01 vs. price of $24.74 (17.8% above fair value)
Industry Position: 50.6% below the Insurance median (#227 of 351)
No single metric tells the full story. See the PLGO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pelagos Insurance Capital Ltd operates in the specialty insurance and reinsurance sector. Its activities include capital allocation, risk selection, and the deployment of capital through underwriting partnerships across insurance and reinsurance markets. The company manages a diversified portfolio and works with underwriting partners to provide insurance and reinsurance solutions to clients and brokers.
82GF Score
Get the complete analysis for PLGO
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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