SLOFF (Solstad Offshore ASA) Interest Coverage: 2.64 (As of Dec. 2025) — 262% Above Median


SLOFF Solstad Offshore ASA SLOFF
59 GF Score
Price $3.09
GF Value $1.37
! 3 Warning Signs
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What is Solstad Offshore ASA Interest Coverage?

Solstad Offshore ASA SLOFF +104.64% 59 Interest Coverage is 2.64 as of Dec. 2025, which is 262% above its 10-year median of 0.73. GuruFocus rates SLOFF with a GF Score™ of 59/100 and a GF Value™ of $1.37. The stock has 3 warning signs investors should review. Among 839 Transportation companies, Solstad Offshore ASA ranks worse than 74.26% 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. Solstad Offshore ASA's Operating Income for the six months ended in Dec. 2025 was $45.6 Mil. Solstad Offshore ASA's Interest Expense for the six months ended in Dec. 2025 was $-17.2 Mil. Solstad Offshore ASA's interest coverage for the quarter that ended in Dec. 2025 was 2.64. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Solstad Offshore ASA's Interest Coverage or its related term are showing as below:

SLOFF' s Interest Coverage Range Over the Past 10 Years
Min: 0.14   Med: 0.73   Max: 2.51
Current: 2.51


SLOFF's Interest Coverage is ranked worse than
74.26% of 839 companies
in the Transportation industry
Industry Median: 5.68 vs SLOFF: 2.51

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


Solstad Offshore ASA  (OTCPK:SLOFF) 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 .


Solstad Offshore ASA Interest Coverage Related Terms


Solstad Offshore ASA Interest Coverage Historical Data

* Premium members only.

The historical data trend for Solstad Offshore ASA'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.

Solstad Offshore ASA Interest Coverage Chart

Solstad Offshore ASA 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 0.14 0.59 1.01 0.83 2.51

Solstad Offshore ASA Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.06 0.71 0.97 2.38 2.64

Solstad Offshore ASA Interest Coverage Competitor Comparison

For the Marine Shipping subindustry, Solstad Offshore ASA'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.


Solstad Offshore ASA Interest Coverage vs Transportation Industry

For the Transportation industry and Industrials sector, Solstad Offshore ASA's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Solstad Offshore ASA's Interest Coverage falls into.


SLOFF
59GF Score
Solstad Offshore ASA SLOFF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Solstad Offshore ASA 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.

Solstad Offshore ASA'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, Solstad Offshore ASA's Interest Expense was $-35.8 Mil. Its Operating Income was $89.9 Mil. And its Long-Term Debt & Capital Lease Obligation was $295.4 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*89.895/-35.838
=2.51

Solstad Offshore ASA's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the six months ended in Dec. 2025, Solstad Offshore ASA's Interest Expense was $-17.2 Mil. Its Operating Income was $45.6 Mil. And its Long-Term Debt & Capital Lease Obligation was $295.4 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*45.556/-17.234
=2.64

* 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 2.64 mean?
Solstad Offshore ASA (SLOFF) has a Interest Coverage of 2.64 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Solstad Offshore ASA and its competitors. This is 262% above median its historical median of 0.73. Over the past decade, Solstad Offshore ASA's Interest Coverage has ranged from 0.14 to 2.51. According to the industry distribution chart, Solstad Offshore ASA ranks #623 out of 839 companies in the Transportation industry, placing it in the top 74.3%.
Is Solstad Offshore ASA's Interest Coverage too high?
Solstad Offshore ASA's current Interest Coverage of 2.64 is 262% above median its 10-year median of 0.73. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 2.51. The Transportation industry median Interest Coverage is 5.68. Solstad Offshore ASA's value of 2.64 is 53.5% below this industry median. Based on the distribution chart, Solstad Offshore ASA ranks #623 out of 839 companies in the Transportation industry, which is below the industry midpoint. Overall, Solstad Offshore ASA has a GF Score™ of 59/100, reflecting its overall financial health beyond just this single metric.
How does Solstad Offshore ASA's Interest Coverage compare to competitors?
According to the Transportation industry distribution chart, Solstad Offshore ASA ranks #623 out of 839 companies for Interest Coverage. This places Solstad Offshore ASA in the lower half of its industry. The industry median Interest Coverage is 5.68. Solstad Offshore ASA's value of 2.64 is 53.5% below this benchmark. Historically, Solstad Offshore ASA's own Interest Coverage has ranged from 0.14 to 2.51 over the past decade. While the company's 10-year median is 0.73 vs. the industry median of 5.68, Solstad Offshore ASA 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 5.68, based on 839 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. Solstad Offshore ASA's current Interest Coverage of 2.64 is 53.5% 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 Solstad Offshore ASA and its competitors. For the Transportation industry, the median Interest Coverage is 5.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solstad Offshore ASA's current Interest Coverage is 2.64, which is 262% above median its own 10-year median of 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solstad Offshore ASA stock overvalued right now?
Solstad Offshore ASA (SLOFF) has a current Interest Coverage of 2.64. The stock's GF Value™ is $1.37, compared to a current price of $3.09 — trading 125.5% above its estimated fair value. The current Interest Coverage is 2.64, which is 262% above median its 10-year median of 0.73 and 53.5% below the Transportation industry median of 5.68. Solstad Offshore ASA's overall GF Score™ is 59/100 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 Solstad Offshore ASA (SLOFF), the current Interest Coverage is 2.64 as of Dec. 2025. 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 Solstad Offshore ASA (SLOFF) Overvalued in 2026?

Based on GuruFocus' analysis, Solstad Offshore ASA stock appears to be overvalued. The current stock price of $3.09 is trading 125.5% above its estimated GF Value™ of $1.37.

Key valuation signals for SLOFF:

  • Interest Coverage: 2.64 (262% above median its 10-year median of 0.73)
  • GF Value™: $1.37 vs. price of $3.09 (125.5% above fair value)
  • GF Score™: 59/100 with 3 warning signs
  • Industry Position: 53.5% below the Transportation median (#623 of 839)

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


Solstad Offshore ASA Business Description

Address Nesavegen 39, Skudeneshavn, NOR, 4280
Solstad Offshore ASA is an owner and operator of offshore service vessels, offering maritime services to the petroleum and renewable energy industries. Its operating segments include AHTS: Anchor handling tug supply vessels; and CSV: Construction service vessels operating subsea construction contracts. Key revenue is generated from South America.
59GF Score

Get the complete analysis for SLOFF

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

$3.09
Price
$1.37
GF Value