Flynas Co (SAU:4264) Interest Coverage: 1.31 (As of Mar. 2026) — 19% Below Median

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SAU:4264 Flynas Co SAU:4264
11 GF Score
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What is Flynas Co Interest Coverage?

Flynas Co SAU:4264 -2.70% 11 Interest Coverage is 1.31 as of Mar. 2026, which is 19% below its 10-year median of 1.62. GuruFocus rates SAU:4264 with a GF Score™ of 11/100. The stock has 3 warning signs investors should review. Among 842 Transportation companies, Flynas Co ranks worse than 66.51% 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. Flynas Co's Operating Income for the three months ended in Mar. 2026 was ﷼226 Mil. Flynas Co's Interest Expense for the three months ended in Mar. 2026 was ﷼-172 Mil. Flynas Co's interest coverage for the quarter that ended in Mar. 2026 was 1.31. 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. Flynas Co interest coverage is 3.21, which is low.

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

SAU:4264' s Interest Coverage Range Over the Past 10 Years
Min: 1.48   Med: 1.62   Max: 3.21
Current: 3.21


SAU:4264's Interest Coverage is ranked worse than
66.51% of 842 companies
in the Transportation industry
Industry Median: 5.72 vs SAU:4264: 3.21

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


Flynas Co  (SAU:4264) 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 .


Flynas Co Interest Coverage Related Terms


Flynas Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Flynas Co'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.

Flynas Co Interest Coverage Chart

Flynas Co Annual Data
Trend Dec24 Dec25
Interest Coverage
1.48 1.76

Flynas Co Quarterly Data
Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial 1.90 1.87 1.19 25.13 1.31

SAU:4264 vs DAL, UAL, LUV: Interest Coverage Comparison

For the Airlines subindustry, Flynas Co'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.


Flynas Co Interest Coverage vs Transportation Industry

For the Transportation industry and Industrials sector, Flynas Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Flynas Co's Interest Coverage falls into.


SAU:4264
11GF Score
Flynas Co SAU:4264
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Flynas Co 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.

Flynas Co'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, Flynas Co's Interest Expense was ﷼-590 Mil. Its Operating Income was ﷼1,036 Mil. And its Long-Term Debt & Capital Lease Obligation was ﷼6,005 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*1036.251/-590.125
=1.76

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

Here, for the three months ended in Mar. 2026, Flynas Co's Interest Expense was ﷼-172 Mil. Its Operating Income was ﷼226 Mil. And its Long-Term Debt & Capital Lease Obligation was ﷼5,789 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*225.729/-172.135
=1.31

* 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 1.31 mean?
Flynas Co (SAU:4264) has a Interest Coverage of 1.31 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Flynas Co and its competitors. This is 19% below median its historical median of 1.62. Over the past decade, Flynas Co's Interest Coverage has ranged from 1.48 to 3.21. According to the industry distribution chart, Flynas Co ranks #560 out of 842 companies in the Transportation industry, placing it in the top 66.5%.
Is Flynas Co's Interest Coverage too high?
Flynas Co's current Interest Coverage of 1.31 is 19% below median its 10-year median of 1.62. Over the past 10 years, this metric has ranged from a low of 1.48 to a high of 3.21. The Transportation industry median Interest Coverage is 5.72. Flynas Co's value of 1.31 is 77.1% below this industry median. Based on the distribution chart, Flynas Co ranks #560 out of 842 companies in the Transportation industry, which is below the industry midpoint. Overall, Flynas Co has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Flynas Co's Interest Coverage compare to DAL and UAL?
According to the Transportation industry distribution chart, Flynas Co ranks #560 out of 842 companies for Interest Coverage. This places Flynas Co in the lower half of its industry. The industry median Interest Coverage is 5.72. Flynas Co's value of 1.31 is 77.1% below this benchmark. Historically, Flynas Co's own Interest Coverage has ranged from 1.48 to 3.21 over the past decade. While the company's 10-year median is 1.62 vs. the industry median of 5.72, Flynas Co 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 a Transportation company?
The median Interest Coverage among Transportation companies is 5.72, based on 842 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. Flynas Co's current Interest Coverage of 1.31 is 77.1% 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 Flynas Co and its competitors. For the Transportation industry, the median Interest Coverage is 5.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flynas Co's current Interest Coverage is 1.31, which is 19% below median its own 10-year median of 1.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flynas Co stock overvalued right now?
Flynas Co (SAU:4264) has a current Interest Coverage of 1.31. The current Interest Coverage is 1.31, which is 19% below median its 10-year median of 1.62 and 77.1% below the Transportation industry median of 5.72. Flynas Co's overall GF Score™ is 11/100 with 3 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 Flynas Co (SAU:4264), the current Interest Coverage is 1.31 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.

Flynas Co Business Description

Address 8018 Abi Baker As Sidiq Road, Ar Rabie, Riyadh, SAU, 4040
Flynas Co licensed activities include the purchase, sale, and rental of aircraft, air transportation of passengers and goods, and the operation, management, and maintenance of aircraft. The Company operates under an air operating certificate issued by the General Authority of Civil Aviation (GACA), KSA. Its segments include Flynas LCC, which generates maximum revenue and covers low-cost scheduled flights; Flynas Hajj, which serves seasonal Hajj pilgrims; and Flynas General Aviation, which provides aircraft management services, including crew, maintenance, ancillary services, and charter flights for private customers. Flynas LCC generates maximum revenue from international operations.
11GF Score

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